Common use of Class Counsel’s Fees and Costs Clause in Contracts

Class Counsel’s Fees and Costs. 101. M & I Bank agrees not to oppose Class Counsel’s request for attorneys’ fees of up to thirty-three percent (33%) of the Settlement Fund and not to oppose Class Counsel’s request for reimbursement of costs and expenses. Any award of attorneys’ fees, costs, and expenses to Class Counsel shall be payable solely out of the Settlement Fund. The determination of Class Counsel’s request for attorneys’ fees shall be based on controlling Eleventh Circuit precedent and not based on state law. The Parties agree that the Court’s failure to approve, in whole or in part, any award for attorneys’ fees shall not prevent the Settlement Agreement from becoming Effective, nor shall it be grounds for termination.

Class Counsel’s Fees and Costs. 101119. M & I ▇▇▇▇▇▇ Bank agrees not to oppose Class Counsel’s request for attorneys’ fees of up to thirty-three percent (33%) of the Settlement Fund and not to oppose Class Counsel’s request for reimbursement of costs and expenses. Any award of attorneys’ fees, costs, and expenses to Class Counsel shall be payable solely out of the Settlement Fund. The determination of Class Counsel’s request for attorneys’ fees shall be based on controlling Eleventh Circuit precedent and not based on state law. The Parties agree that the Court’s failure to approve, in whole or in part, any award for attorneys’ fees shall not prevent the Settlement Agreement from becoming Effective, nor shall it be grounds for termination.