Settlement administration fund definition

Settlement administration fund or "fund" means the settlement administration fund created in section
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Settlement administration fund means the fund established pursuant to Section XVI.
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Settlement administration fund means the non-reversionary sum of three hundred thousand dollars and zero cents ($300,000.00) that Defendant will cause to be paid as specified in this Agreement for Administration, Notice Costs, and CAFA Notice.
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Examples of Settlement administration fund in a sentence

  • Within twenty-one (21) days after the Preliminary Approval Order is entered, Defendant will cause $300,000 to be released into the Settlement Administration Fund.

  • Each Settlement Class Member will be able to elect to take a cash payment from the remainder of this fund after the payment of the Fee Award and Expenses, as well as Administration and Notice Costs, if any, that exceed the $300,000.00 Settlement Administration Fund.

  • Separately, Defendant will make available the Settlement Administration Fund from which Administration, Notice Costs, and CAFA notice will be made.

Related to Settlement administration fund

  • Settlement Administrator means the third party settlement administrator proposed by the Parties, as approved by the Court.

  • Compensation Fund means the fund maintained by the Society pur- suant to Sections 21 and 22 (as substituted, respectively, by Sections 29 and 30 of the Act of 1994) of the Act of 1960;