Examples of Settlement Administrative Costs in a sentence
The requested service awards, attorneys’ fees and costs and Settlement Administrative Costs will be reviewed by the Court and awarded in amounts the Court concludes are appropriate.
Id. at §§ III.55, V.H. Any checks not properly or timely negotiated by a Participating Class Member shall be used to offset the Settlement Administrative Costs, and to the extent the total amount of all un-cashed checks exceeds the total amount of the Settlement Administrative Costs, the funds shall revert back to Foot Locker.
The Settlement Fund, associated with any checks not properly or timely negotiated by a Participating Class Member shall be used to offset the Settlement Administrative Costs.
The reasonable fees and Settlement Administrative Costs incurred by the Claims Administrator in carrying out its duties under this Settlement Agreement shall be paid by Foot Locker separate from the Settlement Consideration.
To the extent that the total amount of all un-cashed checks exceeds the total amount of the Settlement Administrative Costs, such funds shall revert back to Foot Locker.
Part of the fees paid to the Claims Administrator by Foot Locker separate from the Settlement Fund, as part of the Settlement Administrative Costs, shall be used to pay for all costs of the mailing, which shall be the fees charged by the Claims Administrator, the costs of the envelopes in which the Class Notice will be mailed, the cost of reproducing Class Notice, and the costs of postage to mail Class Notice.
However, Foot Locker may use funds that revert to it as set forth in Section VI.B.3. to cover Settlement Administrative Costs in whole or in part.
The Settlement provides, among other things, that as consideration for the release from Settlement Class Members, Defendant will pay $20,750,000 in cash into a Settlement Fund, pay Settlement Administrative Costs up to $500,000, and forgive $20,750,000 in amounts owed by the Settlement Class Members to the Defendant for accounts that were closed with a negative balance (“Forgiveness”).
Since March 8, 2021, there has been no destruction or damage to the Property or any part thereof or any improvements, including timber or trees, thereon by fire or other casualty, and there has been no cutting or removal of any timber or trees thereon, except such cutting and removal as has been reasonably necessary to contain damage to the Property from beetles and other insects.
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