The Settlement Administrator definition

The Settlement Administrator is that person or entity selected by the Plaintiff’s counsel, after notice to Defendant’s counsel, and thereafter approved by the Court, to serve as the administrator for the settlement of the Action who will serve as the joint agent of Plaintiffs and Defendant. “Plaintiffs’ Counsel,” for purposes of notice or service in the Action, means ▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇▇▇▇▇ & ▇▇▇▇▇▇ Law Firm, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, Denver, Colorado 80218.
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Examples of The Settlement Administrator in a sentence

  • The Settlement Administrator shall also provide reports and other information to the Court as the Court may require.

  • The Settlement Administrator shall maintain reasonably detailed records of its activities under this Agreement.

  • The Settlement Administrator is authorized to contact any Settlement Class Member (by e-mail, telephone, or U.S. mail) to seek clarification regarding a submitted claim prior to making a determination as to its validity.

  • The Settlement Administrator shall provide an accounting of any and all funds in the Settlement Fund, including any interest accrued thereon and payments made pursuant to this Agreement, upon request of any of the Parties.

  • The Settlement Administrator shall verify that each person who submits a Claim Form is a Settlement Class Member.

  • The Settlement Administrator shall maintain reasonably detailed records of its activities under this Settlement Agreement.

  • The Settlement Administrator shall provide a weekly status report to the Parties.

  • The Settlement Administrator shall have all the necessary powers, and take all necessary ministerial steps, to effectuate the terms of the Settlement Agreement, including the payment of all distributions.

  • The Settlement Administrator shall maintain all such records as are required by applicable law in accordance with its normal business practices and such records will be made available to Class Counsel and Defendant’s Counsel upon request.

  • The Settlement Administrator will pay Participating Class Members according to the Individual Settlement Share calculations set forth above.