Costs of Settlement Administration Clause Samples
The "Costs of Settlement Administration" clause defines which party is responsible for paying the expenses associated with managing and implementing the terms of a settlement agreement. This typically includes costs such as notifying class members, processing claims, distributing settlement funds, and handling administrative tasks required by the settlement. By clearly allocating these costs, the clause ensures that there is no ambiguity or dispute over financial responsibility, thereby facilitating a smoother and more efficient settlement process.
Costs of Settlement Administration. All expenses incurred in administering this Settlement Agreement, including, without limitation, the cost of the Postcard Notice, Settlement Website, and toll-free telephone line, the cost of distributing and administering the benefits of the Settlement Agreement, and the Settlement Administrator’s reasonable fees shall be paid to the Settlement Administrator from the Settlement Fund, subject to the approval of the Court.
Costs of Settlement Administration. Within fourteen (14) calendar days of the Settlement Administrator receipt of the second payment described in section 3(a)(ii) above, the Settlement Administrator may make a payment to itself for further Notice and Administration Expenses with the written approval of Class Counsel, consistent with any orders of the Court pertaining to such costs.
Costs of Settlement Administration. Separate from the Settlement Fund, Payment to Plaintiff, and the Attorneys’ Fees, Expenses, and Costs of Class Counsel, Defendant will be responsible for paying all costs of class notice and administration of the settlement (“Costs of Settlement Administration”).
Costs of Settlement Administration. The Parties agree to mutually select Phoenix Settlement Administrators as the Settlement Administrator in this Action. This administration duty shall include without limitation, setting up an escrow account for funding of the Settlement, obtaining tax identification number(s) for Defendant applicable to the Settlement, calculating the Class Member Payments, PAGA Payments, performing an initial National Change of Address ( NCOA ) search upon receipt of the Class Member mailing addresses, mailing the Notice Packets, performing one skip trace on Notice Packets that are returned as undeliverable, establishing a telephone number to communicate with Class Members about the Settlement, reviewing and processing requests to opt out of the settlement, reviewing and submitting to Class Counsel and counsel any received objections, mailing the Class Member Payments and tax forms to the Settlement Class Members, and making all required distributions to Settlement Class Members, the State of California and PAGA Members. The Settlement Administrator will report payment of the individual Class Member Payments and PAGA Members to all required taxing and other authorities, and requisite reporting documentation to the applicable taxing agencies, and issue Internal Revenue Service Forms 1099. The Settlement Administrator will establish a Qualified Settlement Fund ( QSF ), pursuant to U.S. Treasury Regulation Section 468B(g) of the Internal Revenue Service for the purposes of administering the Settlement. All Settlement Administration Costs shall be taken from the GSA. The Parties expect Settlement Administration Costs to not exceed $12,000.00. Any unapproved amount of Settlement Administration Costs shall be allocated to the NSA and apportioned to the Class Members as described in Paragraph 5 of this Settlement Agreement. The award of Settlement Administrator Costs in the amount sought is not a material term of this Agreement and the award of an amount less than requested by Plaintiff does not give rise to a basis to abrogate this Agreement. Any unapproved amount of the Settlement Administration Costs shall be allocated to the NSA and be apportioned to Class Members as described in Paragraph 5 of this Settlement Agreement. The Settlement Administrator will maintain, and use an internet website to post information of interest to Class Members including the date, time and location for the Final Approval Hearing and copies of the Settlement Agreement, Motion for Preliminary Appro...
Costs of Settlement Administration. The Parties have mutually agreed to the selection of Simpluris, Inc. (“Settlement 18 Administrator”), to undertake the administration of the Settlement in this Action. The 19 administration duties include, without limitation, the following: establishing and maintaining a 20 qualified settlement account for the NSA, obtaining tax identification number(s) for Defendants 21 applicable to the Settlement, calculating the Class Member Payments, performing an initial 22 National Change of Address (NCOA) search upon receipt of the Class Member mailing 23 addresses, mailing the Class Notices, performing one skip trace on Class Notices which are 24 returned as undeliverable, reviewing and processing Requests for Exclusion, disputes, and 25 objections, mailing the Class Members Payments and tax forms to the Settlement Class 26 Members, and setting up a static website regarding the Settlement. The Settlement 27 Administrator will report payment of the individual Class Member Payments to all required 28 taxing and other authorities, take appropriate withholdings, forward payments for withholdings 1 and issue Internal Revenue Service Forms W-2 and 1099. The Settlement Administrator will 2 establish a Qualified Settlement Fund (“QSF”), pursuant to section 468B(g) of the Internal 3 Revenue Service for the purposes of administering the Settlement. The Parties estimate that the 4 costs and expenses of administration of the settlement will not exceed $18,500, and these costs 5 and expenses will be paid from the GSA, subject to approval of the Court.
Costs of Settlement Administration. Arcis shall bear the cost of providing notice to the Plaintiff Settlement Class of the pendency of the Action and the proposed settlement, in the manner described more fully below. In addition, Arcis shall bear the cost of administering this Agreement and making the payments and distributions required under this Agreement, provided, however, that Class Counsel shall be responsible for all costs associated with the distribution of the eight refunds as described in Paragraphs 2.01 and 4.
Costs of Settlement Administration. The Parties have mutually agreed to the selection of the Settlement Administrator to undertake the administration of the Settlement in this Action. The reasonable Settlement Administration Costs through and beyond the Final Approval Hearing are estimated not to exceed $11,500.00 and shall be paid from the Gross Settlement Amount subject to Court approval. The terms of this Settlement Agreement will not be abrogated and will continue in full force even if the Court awards a lesser amount for Settlement Administration Costs. The outcome of the Court’s ruling on Settlement Administration Costs shall not terminate this Agreement or otherwise affect the Court’s ruling on the Final Approval Order. Any amount not approved by the Court shall become part of the Net Settlement Amount for distribution to the Settlement Class Members on a pro rata basis.
Costs of Settlement Administration. The Parties have mutually agreed to the selection of Phoenix Settlement Administrators ke the administration of the Settlement in this Action. The administration duties include, without limitation, the following: establishing and maintaining a qualified settlement account for the NSA, obtaining tax identification number(s) for Defendant applicable to the Settlement, calculating the Class Member Payments, performing an initial National Change of Address (NCOA) search upon receipt of the Class Member mailing addresses, mailing the Class Notices, performing one skip trace on Class Notices which are returned as undeliverable, reviewing and processing Requests for Exclusion, disputes, and objections, setting up a toll-free number, mailing the Class Members Payments and tax forms to the Settlement Class Members, and setting up a static website regarding the Settlement. The Settlement Administrator will report payment of the individual Class Member Payments to all required taxing and other authorities, take appropriate withholdings, forward payments for withholdings and issue Internal Revenue Service Forms W-2 and 1099. The Parties estimate that the costs and expenses of administration of the settlement will not exceed $45,000.00. Any amounts allocated but not paid to the Settlement Administrator will be added to the NSA and distributed to the class pro rata.
Costs of Settlement Administration. Costs of Settlement Administration shall be borne alone by Arby’s. Amounts owed by Arby’s under this Section 5.3.2 shall be paid directly to the Settlement Administrator as agreed upon between Arby’s and the Settlement Administrator.
Costs of Settlement Administration. Equifax will pay the reasonable Costs of Settlement Administration. Payment for such costs shall be made directly to the Settlement Administrator, within sixty (60) days of receipt by Equifax of an invoice from the Settlement Administrator after entry of the Preliminary Approval Order by the Court.