Settlement Administrator Costs definition

Settlement Administrator Costs means the amount to be paid to the Settlement
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Settlement Administrator Costs means the amount to be paid to the Settlement Administrator from the Total Settlement Amount for administration of this Settlement. References herein to actions and responsibilities of the Settlement Administrator shall be to those actions and responsibilities it shall take as set forth in the Agreement.
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Settlement Administrator Costs means the fees and expenses reasonably incurred by the
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Examples of Settlement Administrator Costs in a sentence

  • The Parties agree that Defendants shall in no event be obligated to pay more than $4,197,000.00, in total, towards Attorneys’ Fees and Costs, which does not include the Settlement Administrator Costs referenced in Section 2.4(a) above.

  • Any Settlement Administrator Costs in excess of $1,000,000.00 shall be paid by Class Counsel.

  • The Parties acknowledge that there will be certain Settlement Administrator Costs associated with the Settlement, including the cost of providing notice to the Class and administering the terms set forth in this Agreement related to the distribution of compensation to Settlement Class Members and managing opt-out requests and objections consistent with this Agreement.

  • The Parties agree that Defendants shall in no event be obligated to pay more than $1,000,000.00 in total towards Settlement Administrator Costs.

  • Defendants retain the right to audit and review the Settlement Administrator Costs.


More Definitions of Settlement Administrator Costs

Settlement Administrator Costs means any and all costs incurred by the Settlement Administrator, including the cost of providing notice to the Settlement Class; the cost of providing notice to relevant governmental officials pursuant to the Class Action Fairness Act; the cost of claims administration, including the cost of retaining a neutral third- party veterinarian to review claims for veterinary expenses; and costs of otherwise administering the Settlement. It is a material term of the Settlement Agreement that administration costs not exceed $150,000. Any remaining amount of the $150,000 budget after settlement administration will be applied to Xxxxxxx’x costs, if any, of obtaining customer data for direct notice through third parties.
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Settlement Administrator Costs means all settlement administration fees, expenses, and costs incurred by the Settlement Administrator directly or indirectly related to its duties under this Agreement, including but not limited to all fees, expenses, and costs in connection with the Global Settlement Fund and Net Settlement Fund, and those duties related to notice, check cutting and mailing, reports to Counsel, court filings, legal and accounting advice relating to the establishment of the Net Settlement Fund and tax treatment and reporting of awards to Plaintiffs, preparation of tax returns (and the taxes associated with such tax returns as defined below), calculating Settlement Awards, and any other related duties.
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Settlement Administrator Costs means the amount to be paid to the Settlement Administrator for its costs in connection with for its costs in connection with administering the terms of this Agreement, including the costs associated with sending the Class Notice, Collective Notice, and the Settlement Payments to Participating Individuals. Settlement Administrator Costs, which are estimated to not exceed Eighty-Five Thousand Dollars ($85,000.00),shall be paid from the Gross Settlement Amount.
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Settlement Administrator Costs means the amount to be paid to the Settlement Administrator from the Maximum Settlement Amount for administration of this Settlement.
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Settlement Administrator Costs means the estimated reasonable cost of up
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Settlement Administrator Costs refer to the costs the Settlement Administrator will incur to distribute the Settlement Notice and Settlement Awards, which are estimated to be One Hundred Forty-Nine Thousand Four Hundred Dollars ($149,400.00).
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Related to Settlement Administrator Costs

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

  • 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).

  • (1) ADMINISTRATOR.—The term Administrator’ means the Administrator of the Environmental Pro- tection Agency.

  • Administration Costs means (i) the costs and expenses associated with the production and dissemination of the Notice (as defined in Section 2.10); (ii) all reasonable costs incurred by the Settlement Administrator (as defined in Section 1.40) in administering and effectuating this Settlement, which costs and expenses are necessitated by performance and implementation of this Agreement and any Court orders relating thereto; (iii) all reasonable fees charged by the Settlement Administrator; and (iv) any other costs associated with the settlement, including but not limited to any amounts charged by TIAA or Vanguard.

  • Contract Administrator means the person authorized to represent the City in respect of the Contract and is identified at the time of award of the Contract;

  • Administrator/Benchmark Event means, in relation to any Benchmark, the occurrence of a Benchmark Modification or Cessation Event, a Non-Approval Event, a Rejection Event or a Suspension/Withdrawal Event all as determined by the Issuer.

  • SOFR Administrator means the Federal Reserve Bank of New York (or a successor administrator of the secured overnight financing rate).

  • Settlement Fund means the Settlement Amount plus any and all interest earned thereon.

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Administrator/Benchmark Event Date means, in respect of an Administrator/Benchmark Event, the date on which the authorisation, registration, recognition, endorsement, equivalence decision, approval or inclusion in any official register is (i) required under any applicable law or regulation; or

  • Term SOFR Administrator means CME Group Benchmark Administration Limited (CBA) (or a successor administrator of the Term SOFR Reference Rate selected by the Administrative Agent in its reasonable discretion).