Examples of Notice and Administrative Costs in a sentence
Subject to Court approval, in consideration for the Releases set forth in Section 10 as well as other provisions of this Agreement, Allstate will fund a non-reversionary common fund (“Settlement Fund”) of three million, three hundred thousand dollars ($3,300,000.00), from which all Settlement Relief, Attorneys’ Fees and Costs, Notice and Administrative Costs, and any Service Award will be deducted.
The remaining Settlement Funds (after payment of Notice and Administrative Costs approved by the Court, attorneys’ fees and expenses award by the Court, and Service Awards awarded by the Court) shall be disbursed to the Settlement Classes as determined by Class Counsel, with Court approval.
After Final Judgment has been entered, and with Court approval, all Notice and Administrative Costs, including without limitation, costs and expenses associated with the Escrow Account, and the costs and expenses for filing of tax returns and payment of taxes, will be paid out of the Settlement Funds as specified in the Escrow Agreement.
All Notice and Administrative Costs will be paid from the Settlement Fund, and Allstate’s only responsibility regarding such costs is to fund the Settlement Fund.
Plaintiffs, Settlement Class Members, and Class Counsel will be reimbursed and indemnified solely out of the Settlement Funds for all expenses including, but not limited to, Notice and Administrative Costs.