Examples of Settlement Administrator Expenses in a sentence
After deduction from Total Settlement Amount of the Class Counsel Award, the Service Award and the Settlement Administrator Expenses, the remaining amount shall be allocated Seventy-Four percent (74%) to the Settlement Misclassification Subclass and Twenty-Six percent (26%) to the Settlement Break Subclass.
Within twenty-one (21) days of the Effective Date, the payment of the Class Counsel Award, the Service Award approved by the Court and the Settlement Administrator Expenses (up to $15,000) as approved by the Court, shall be made by the Settlement Administrator from the Total Settlement Amount.
The Parties agree to cooperate to seek to minimize the Settlement Administrator Expenses.
Each Ohio Settlement Class Member who submits an Approved Ohio Claim shall be entitled to a payment of a pro rata share of the Ohio Settlement Fund, after payment of Settlement Administrator Expenses, the Ohio Fee Award, and any incentive award to the Ohio Class Representative.
Plaintiff will file with the Court an unopposed Motion for Final Approval of the Settlement and payment of the Settlement Administrator Expenses.
The Parties also agree that Settlement Administrator Expenses shall not be incurred until reasonably necessary in light of the conditions to the Settlement.
Each Illinois Settlement Class Member who submits an Approved Illinois Claim shall be entitled to a payment of a pro rata share of the Illinois Settlement Fund, after payment of Settlement Administrator Expenses, the Illinois Fee Award, and any incentive award to the Illinois Class Representative.
ThetotalconsiderationfortheSettlementfromR&MistheTotalSettlementAmount($845,000).Thisisan“allin”numberthatincludes,withoutlimitation,allmonetarybenefitsandpaymentstotheSettlementClass,Service AMENDED AND RESTATED SETTLEMENT AGREEMENT WITH EXHIBITS12345678910111213141516171819202122232425262728 BLEAU FOXAward, Class Counsel Award, and Settlement Administrator Expenses and all claims for penalties, interest, fees, and costs.
Settlement Administrator Expenses shall mean all reasonable fees and expenses of the Settlement Administrator to calculate, implement, and oversee the Plan of Allocation, including, but not limited to, expenses incurred in calculating and allocating the share of the Net Proceeds, as defined in Section 8.2.5, for each member of the Settlement Class.
This is an “all in” number that includes, without limitation, all monetary benefits and payments to the Settlement Class, Service AMENDED AND RESTATED SETTLEMENT AGREEMENT WITH EXHIBITS12345678910111213141516171819202122232425262728 Bleau FoxAward, Class Counsel Award, and Settlement Administrator Expenses and all claims for penalties, interest, fees, and costs.