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

• Under no circumstances shall Defendant or its insurer(s) be required to service award, or Settlement Administration Expenses that, taken together, exceed $19,990,000.00.

• The Settlement Fund will also be used to pay Settlement Administration Expenses, attorneys’ fees, costs and expenses, Class Representative’s incentive award.

• The Settlement Fund shall satisfy all monetary obligations of Defendant and its insurer(s) (and any other Released Party) under this Settlement Agreement, including the Settlement Payments, Settlement Administration Expenses, Fee Award, the Service Award, taxes, and any other payments or other monetary obligations contemplated by this Agreement or the Settlement.

• In that circumstance, such funds shall be returned to Defendant, after payment of any outstanding Settlement Administration Expenses.

• Within fourteen (14) days of the entry of the Preliminary Approval Order, Defendant and/or its insurers shall transmit Five Hundred Thousand Dollars ($500,000.00) to the Escrow Account established by the Settlement Administrator for funding initial Settlement Administration Expenses.

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.