Common use of Payments to Class Members Clause in Contracts

Payments to Class Members. Within fifteen (15) days after the entry of a Final Approval Order, Defendant shall transfer the Settlement Fund to the Settlement Administrator, less the total amount that will be credited to certain Class Members by Defendant, as provided in Section 8(d)(iv), below. The Settlement Fund shall be the total amount Defendant is obligated to pay under the terms of this Agreement. Defendant shall not be required, for any reason, to make any additional or further contributions to the Settlement Fund or to make any other payments/credits. The Settlement Fund shall be utilized for all amounts to be paid to Class Members (whether by check or by credit, as applicable), and for any amounts to be paid by the Claims Administrator for (a) Class Counsel’s fees and costs; (b) any service award payment to the Named Plaintiff; (c) costs associated with administering the Notice in accordance with Section 5, above; (d) any fees paid to the Settlement Administrator for services rendered in connection with the administration process; and (e) any other amounts required to be paid to implement this Agreement. Defendant shall not make any additional or further contributions to the Settlement Fund, even if the total amount of all alleged Retry Fees charged to the Class Members exceeds the value of the Net Settlement Fund.

Payments to Class Members. Within fifteen (15) days after the entry of a Final Approval Order, Defendant shall transfer the Settlement Fund to the Settlement Administrator, in the amount of $934,207.00, less the total amount that will be credited to certain Class Members by Defendant, as provided in Section 8(d)(iv), below. The Settlement Fund shall be the total amount Defendant is obligated to pay under the terms of this Agreement. Defendant shall not be required, for any reason, to make any additional or further contributions to the Settlement Fund or to make any other payments/credits. The Settlement Fund shall be utilized for all amounts to be paid to Class Members (whether by check or by credit, as applicable), and for any amounts to be paid by the Claims Administrator for (a) Class Counsel’s Counsels’ fees and costs; (b) any service award payment to the Named Plaintiff; (c) costs associated with administering the Notice in accordance with Section 5, above; (d) any fees paid to the Settlement Administrator for services rendered in connection with the administration process; and (e) any other amounts required to be paid to implement this Agreement. Defendant shall not make any additional or further contributions to the Settlement Fund, even if the total amount of all alleged Retry Sufficient Funds Fees and Multiple NSF Fees charged to the Class Members exceeds the value of the Net Settlement Fund.

Payments to Class Members. Within fifteen (15) days after the entry of a Final Approval Order, Defendant shall transfer the Settlement Fund to the Settlement Administrator, less the total amount that will be credited to certain Class Members by Defendant, as provided in Section 8(d)(iv8(d)(iv)(A), below. The Settlement Fund shall be the total amount Defendant is obligated to pay under the terms of this Agreement. Defendant shall not be required, for any reason, to make any additional or further contributions to the Settlement Fund or to make any other payments/credits. The Settlement Fund shall be utilized for all amounts to be paid to Class Members (whether by check or by credit, as applicable), and for any amounts to be paid by the Claims Administrator for (a) Class Counsel’s fees and costs; (b) any service award payment to the Named PlaintiffPlaintiffs; (c) costs associated with administering the Notice in accordance with Section 5, above; (d) any fees paid to the Settlement Administrator for services rendered in connection with the administration process; and (e) any other amounts required to be paid to implement this Agreement. Defendant shall not make any additional or further contributions to the Settlement Fund, even if the total amount of all alleged APPSN Fees or Retry Fees charged to the Class Members exceeds the value of the Net Settlement Fund.