Examples of Settlement Payment Amount in a sentence
As a result, the Settlement Payment Amount should be kept confidential pursuant to section 107(b)(1) of the Bankruptcy Code.
The 9019 Motion stated that“[t]he Settlement Payment Amount is commercially sensitive to MEC because it is concerned that disclosure will incentivize frivolous attacks on its intellectual property.
The Settlement Payment Amount shall, however, be disclosed to (i) the Court, (ii) the United States Trustee and (iii) creditors, if any, that (x) file a timely objection to this Motion and (y) agree to keep such information confidential.” Mot., 4 n.2, ECF No. 82.
In exchange for the mutual promises and covenants in this Agreement, including, without limitation, the Releases as set forth in Section XIV hereof and the dismissal of the action with prejudice upon Final Approval, within fourteen calendar days of Preliminary Approval, TD Bank shall deposit the Settlement Payment Amount of $43,000,000.00, into the Escrow Account to create the Settlement Fund as set forth herein.
This Settlement Payment Amount includes all monetary 3 TD Bank expressly reserves, and does not waive, the right to take the position in other litigation that the release in the Final Judgment foreclosed certain claims of members of the MDL 2036 settlement class beyond September 20, 2012.
The amount of the Net Settlement Fund available for distribution to each Settlement Class shall equal the Net Settlement Fund multiplied by the percentage of the total Settlement Payment Amount allocated to that Class, as set forth in paragraph 137 of this Agreement.
Defendant’s payment of the Settlement Payment Amount is subject to Court approval, without admission of liability, and subject to the refund provisions of Section XII below, in the event that this Agreement is terminated or the Effective Date otherwise does not occur.
In exchange for the mutual promises and covenants in this Agreement, including, without limitation, the Releases as set forth in Section XI and dismissal of the Action with prejudice upon Final Approval, within 14 calendar days of the date of Preliminary Approval by the Court, Defendant shall deposit the Settlement Payment Amount with the Settlement Administrator to create the Settlement Fund for the benefit of the Settlement Class.
Plaintiffs’ Counsel will seek, by motion, (a) reimbursement of litigation costs and expenses incurred in connection with this action, plus (b) an award of attorneys’ fees in an amount not to exceed 35% of the Settlement Payment Amount.
In exchange for the mutual promises and covenants in this Agreement, including, without limitation, the Releases as set forth in Section XV hereof and the dismissal of the Action with prejudice upon Final Approval, within fourteen (14) days of Preliminary Approval, TD Bank shall deposit the Settlement Payment Amount of Two Million Two Hundred Fifty Thousand and 00/100 Dollars ($2,250,000.00), into the Escrow Account to create the Settlement Fund as set forth herein.