Adjustment of Settlement Fund Sample Clauses

Adjustment of Settlement Fund. If there are more than two thousand seven hundred fifty-nine (2,759) persons in the Settlement Class, Defendants shall pay into the Escrow Account an additional One Thousand Two Hundred Dollars ($1,200.00) per person in excess of two thousand seven hundred fifty-nine (2,759) on or before the Effective Date.‌
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Adjustment of Settlement Fund. If, following the Class List Determination Date, the Class List increases more than two percent (2%) above KEYper’s original 18,944 estimate (i.e., exceeds 19,322 individuals), the Settlement Fund shall be increased on a pro rata basis of $385 per member of the Settlement Class. By way of example, if the Settlement Class Size after the Class List Determination Date is 20,000 individuals, then the Settlement Fund will be $7,700,000.00. However, if the class size increases by more than 15% the Parties shall return to mediation with Judge Xxxxxx but this Agreement is voidable at the option of either Party. KEYper represents that its class size estimate includes putative class members through June 30, 2022.
Adjustment of Settlement Fund. If the confirmatory discovery shows that there are more than 39,970 potential Damages Settlement Subclass Members, the amount of the Settlement Fund shall increase by sixty-five dollars ($65.00) per Damages Settlement Subclass Member above 39,970.

Related to Adjustment of Settlement Fund

  • The Settlement Fund 37. Releasors shall look solely to the Settlement Fund for settlement and satisfaction of all Released Claims against the DENSO Defendants and the Releasees, and shall have no other recovery against the DENSO Defendants or any other Releasee for any Released Claims.

  • Certification of Settlement Class Promptly after execution of the Settlement Agreement, Class Counsel will ask the Court to issue an order certifying the Settlement Class for settlement purposes only. Xxxxx agrees not to object to this request without waiver of its right to contest certification or the merits of the Lawsuit if the settlement does not receive final approval or the Effective Date (defined in paragraph 14 below) does not occur.

  • Settlement Fund All payments under this Section IV shall be made into the Settlement Fund, except that, where specified, they shall be made into the Settlement Fund Escrow. The Settlement Fund shall be allocated and used only as specified in Section V.

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