Common use of Payment of Notice and Claims Administration Costs Clause in Contracts

Payment of Notice and Claims Administration Costs. ▇▇▇▇▇ Fargo shall pay the reasonable costs of notice and settlement administration which are incurred prior to the creation of the Settlement Fund, and ▇▇▇▇▇ Fargo will be given credit for any such payments in funding the Settlement Fund. The Claims Administrator shall provide an estimate of the amount of costs required to mail notice, establish the settlement website and establish a toll-free telephone number, as well as any other initial administration costs to the Parties. ▇▇▇▇▇ Fargo shall pay the estimated amount to the Claims Administrator within fifteen (15) business days after the entry of the Preliminary Approval Order. After that upfront payment of administration costs by ▇▇▇▇▇ Fargo, the Claims Administrator shall ▇▇▇▇ ▇▇▇▇▇ Fargo monthly for the reasonable additional costs of settlement administration, until such time as the Settlement Fund is established. Any amounts paid by ▇▇▇▇▇ Fargo for the estimated costs of administration which are not incurred by the Claims Administrator shall be used for other administration costs, or shall be deducted from future ▇▇▇▇▇▇▇▇ by the Claims Administrator. The Claims Administrator shall maintain detailed records of the amounts spent on the administration of the settlement and shall provide those to the Parties monthly. At such time that ▇▇▇▇▇ Fargo funds the Settlement Fund, all amounts previously paid to the Claims Administrator by ▇▇▇▇▇ Fargo shall be deducted from the Maximum Payment which ▇▇▇▇▇ Fargo is required to pay to create the Settlement Fund. After ▇▇▇▇▇ Fargo has created the Settlement Fund and paid out the Maximum Payment required under this Settlement, ▇▇▇▇▇ Fargo shall have no further obligation to pay any amount under this Settlement, and any additional Settlement Costs shall be paid out of the Settlement Fund.

Payment of Notice and Claims Administration Costs. ▇▇▇▇▇ Fargo NMAC shall pay the reasonable costs of notice Notice and settlement administration which that are incurred prior to the creation of the Settlement Fund, and ▇▇▇▇▇ Fargo NMAC will be given credit for any all such payments in funding which shall be deducted from the Settlement FundFund as set forth below. The Claims Administrator shall provide the Parties with an estimate of the amount costs of costs required to mail noticesending Notice (including publication), establish establishing the settlement website Settlement Website and establish establishing a toll-free telephone number, as well as any other initial administration costs to within five (5) days of the Partiesentry of the Preliminary Approval Order, at the latest. ▇▇▇▇▇ Fargo NMAC shall pay the estimated amount to the Claims Administrator within fifteen ten (1510) business days after the entry of the Preliminary Approval Order. After that upfront payment of administration costs by ▇▇▇▇▇ FargoNMAC, the Claims Administrator shall ▇▇▇▇ ▇▇▇▇▇ Fargo bill NMAC monthly for the any reasonable additional costs of settlement administration, until such time as the Settlement Fund is established. Any amounts paid by ▇▇▇▇▇ Fargo NMAC for the estimated costs of administration which are not incurred by the Claims Administrator shall be used for other administration costs, or shall be deducted from future ▇▇▇▇▇▇▇▇ by the Claims Administrator. The Claims Administrator shall maintain detailed records of the amounts spent on the administration of the settlement Settlement and shall provide those to the Parties monthly. At such time that ▇▇▇▇▇ Fargo NMAC funds the Settlement Fund, all amounts previously paid to the Claims Administrator by ▇▇▇▇▇ Fargo NMAC shall be deducted from the Maximum Payment total payment which ▇▇▇▇▇ Fargo it is required to pay to create the Settlement FundFund under Section 4.01. After ▇▇▇▇▇ Fargo NMAC has created the Settlement Fund and paid out the Maximum Payment required under this SettlementFund, ▇▇▇▇▇ Fargo NMAC shall have no further obligation to pay any amount under this SettlementSettlement Agreement, and any additional Settlement Costs shall be paid out of the Settlement Fund.