Examples of Settlement Effective Date in a sentence
The Settlement Administrator shall distribute to Settlement Class Counsel, within 10 days after the Settlement Effective Date, the amount awarded by the Court as compensation for attorneys’ fees and costs in accordance with the Court’s Final Approval Order and Final Judgment.
At the direction of Settlement Class Counsel and Defendant’s Counsel, the Settlement Administrator shall distribute to itself, within 21 days after the Settlement Effective Date, the amount approved by the Court as the reasonable expenses of settlement administration.
The Settlement Administrator shall distribute to Plaintiff, within 10 days after the Settlement Effective Date, the amount awarded by the Court to Plaintiff as a Settlement Class Representative Service Award.
Within 14 days after the Settlement Effective Date, Defendant shall deposit the Settlement Amount, plus the amount calculated by the Settlement Administrator for the employer’s portion of payroll taxes as described in ¶ 6.E below, into the QSF.
The Settlement Administrator shall distribute, within 21 days after the Settlement Effective Date, the Net Settlement Class Fund to Participating Settlement Class Members pro rata based on the number of workweeks during the Settlement Class Period, with the calculations to be provided by Settlement Class Counsel and approved by Defendant (“Individual Settlement Allocations”).