Settlement Administration definition

Settlement Administration means the processing and payment of claims received from Class Members by the Settlement Administrator.

Settlement Administration means the process under the Court’s supervision, that includes, but is not limited to, the manner in which the Settlement Class Notice and the making of the payments and distributions required under this Agreement are effectuated, including administration of the Escrow Account.

Settlement Administration means the processing and payment of Claims received from Settlement Class Members by the Settlement Administrator.

Examples of Settlement Administration in a sentence

• Settlement Class members are eligible to receive a pro rata share of the Net Settlement Fund remaining after payment of Settlement Administration Expenses, any attorneys’ fees and expenses that the Court awards to Class Counsel, and any Case Contribution Award that the Court awards to Named Plaintiffs.

• The Settlement Administration Costs are currently estimated to not exceed Twenty Thousand Dollars ($20,000.00), which shall be paid from the Gross Settlement Amount, subject to Court approval.

• A full and formal application for attorneys’ fees and expenses, Settlement Administration Expenses, and Case Contribution Awards will be filed with the Court on or before [DATE].

• Settlement Class members are eligible to receive a pro rata share of the Net Settlement Fund remaining after payment of any Settlement Administration Expenses, any attorneys’ fees and expenses that the Court awards to Class Counsel, and any Case Contribution Award that the Court awards to Named Plaintiffs.

• Any attorneys’ fees and expenses and Settlement Administration Expenses awarded by the Court will be paid from the Settlement Amount.

More Definitions of Settlement Administration

Settlement Administration means providing notice of the Settlement to Settlement Class Members and governmental entities, including notice required by the Class Action Fairness Act (“CAFA”), 28 U.S.C. § 1715(b), the processing of claims, requests for exclusions and objections and payment of approved claims received from Settlement Class Members by the Settlement Administrator.

Settlement Administration means the cooperative efforts of the Settlement Administrator, Special Master, and Class Counsel in the administering of the settlement set forth in this Agreement.

Settlement Administration means the process through the Settlement Administrator under the Court’s supervision, that includes, but is not limited to, disseminating Class Notice with Ticket Codes and CAFA notice; establishing and maintaining the Settlement Website; and distributing attorneys’ fees and costs, and the Service Awards. The cost for Settlement Administration will be paid from the Cash Fund.

Settlement Administration means the process under the Court in the Action’s supervision, that includes, but is not limited to, tasks described in Paragraph 2.02.

Settlement Administration means the responsibilities, duties, and other activities described in Paragraph 7 below.

Settlement Administration means actions carried out by CPT Group, Inc. in its capacity as Settlement Administrator.

Settlement Administration means provision of the required Notice, receiving, assisting, and maintaining participation and proofs of participation, calculating and verifying participation, and overseeing the distribution of the Claim Fund.