Settlement Administration Expenses definition

Settlement Administration Expenses means the Settlement Administrator’s fee, and the expenses incurred by the Settlement Administrator in providing Notice, processing exclusions and objections, responding to inquiries from members of the Settlement Class, mailing Settlement checks, and related services, paying taxes and tax expenses related to the Settlement Fund (including all federal, state or local taxes of any kind and interest or penalties thereon, as well as expenses incurred in connection with determining the amount of and paying any taxes owed and expenses related to any tax attorneys and accountants).

Settlement Administration Expenses means the expenses incurred by the

Settlement Administration Expenses means all fees, disbursements, expenses, costs, taxes and any other amounts incurred or payable for the approval, implementation and operation of this Settlement Agreement, including the costs of notices and including the Settlement Administration Expenses Fund, but excluding Class Counsel Fees and Class Counsel Disbursements;

Examples of Settlement Administration Expenses in a sentence

• All Monetary Awards to Individual Plaintiffs, Individual Settlement Administration Expenses (except as specified in Section 3.1.5), and payments to Subrogating Insurers or for medical or other liens for Individual Plaintiffs, if any, as to Released Claims, and payments or amounts due on Holdback Claims per Section 8.3, shall be paid exclusively from the Individual Settlement Fund.

• Defendants will be responsible for, in addition to the Aggregate Settlement Amount, 50% of the Individual Settlement Administration Expenses, up to a cap of $15 million, which shall be known as the Defendants’ IP Administration Share.

• Subject to approval of the Settlement by the Superior Court, Xxxxxx’x agrees to deposit the Maximum Settlement Amount into a Qualified Settlement Fund (“QSF”) set up by the Settlement Administrator for purposes of processing the Settlement and paying the Service Award, Full Release Award, the Settlement Administration Expenses Award, the Employer-side payroll taxes, the Attorney’s Fees and Costs Award, and the Settlement Awards.

• The amount remaining from the Gross Settlement Amount after the above-described deductions for (i) Class Representative Service Payment, (ii) Class Counsel Fees Payment, (iii) Class Litigation Expenses Payment, (iv) Settlement Administration Expenses Payment, (v) LWDA PAGA Payment, and (vi) Individual PAGA Payments is the Net Settlement Amount.

• All Monetary Awards to Class Claimants, Class Settlement Administration Expenses, awards of attorneys’ fees or costs or other amounts to Class Counsel, amounts paid to Class Representatives as service awards, payments to Subrogating Insurers or for medical or other liens for Class Plaintiffs, if any, as to Released Claims, and payments or amounts due on Holdback Claims per Section 8.3, shall be paid exclusively from the Class Settlement Fund.

More Definitions of Settlement Administration Expenses

Settlement Administration Expenses means the Settlement Administrator’s fee, and the expenses incurred by the Settlement Administrator in providing Notice, processing claims, exclusions, and objections, responding to inquiries from members of the Settlement Class, mailing checks for Approved Claims, and related services, paying taxes and tax expenses related to the Settlement Fund (including all federal, state or local taxes of any kind and interest or penalties thereon, as well as expenses incurred in connection with determining the amount of and paying any taxes owed and expenses related to any tax attorneys and accountants).

Settlement Administration Expenses means the expenses incurred by the Settlement Administrator in or relating to administering the Settlement, providing Notice, mailing checks for Settlement Payments, and other such related expenses, with all such expenses to be paid from the Settlement Fund.

Settlement Administration Expenses means the expenses incurred by the Settlement Administrator in providing Notice (including CAFA notice), processing claims, responding to inquiries from members of the Settlement Class, mailing checks, and related services, paying taxes and tax expenses related to the Settlement Fund (including all federal, state or local taxes of any kind and interest or penalties thereon, as well as expenses incurred in connection with determining the amount of and paying any taxes owed and expenses related to any tax attorneys and accountants).

Settlement Administration Expenses are those expenses incurred by the Settlement Administrator in effectuating the Settlement.

Settlement Administration Expenses means the expenses incurred by the Settlement Administrator in providing Notice (including CAFA notice), processing claims, responding to inquiries from members of the Settlement Class, mailing checks for Approved Claims, and related services.

Settlement Administration Expenses means the expenses actually incurred by the Settlement Administrator in providing Notice (including CAFA notice), processing claims, responding to inquiries from members of the Settlement Class, mailing checks for Approved Claims, and related services, paying taxes and tax expenses related to the Settlement Fund (including all federal, state or local taxes of any kind and interest or penalties thereon, as well as expenses incurred in connection with determining the amount of and paying any taxes owed and expenses related to any tax attorneys and accountants), as well as all expenses related to the resolution of any disputed claims by Xxx. Xxxxx X. Welsh (Xxx.), as described below in paragraph 5.3.

Settlement Administration Expenses means the reasonable and actually incurred fees, costs and expenses associated with retaining an Independent Fiduciary, retaining the Settlement Administrator, establishing and maintaining the Qualified Settlement Fund at the Financial Institution, providing notices required by CAFA, providing Class Notice, publishing Summary Notice, implementing the Notice Plan, and distributing payments to Participants Without Active Plan Accounts at the time of distribution of the Final Individual Dollar Recovery, as defined in the Plan of Allocation.