DISTRIBUTION OF THE SETTLEMENT Sample Clauses

DISTRIBUTION OF THE SETTLEMENT. 5 27. The Settlement Administrator shall determine and allocate to each Authorized 6 Claimant that Authorized Claimant’s proportionate share of the Settlement Fund based on each 7 Authorized Claimant’s Recognized Claim compared to the total Recognized Claims of all 8 Authorized Claimants. The Settling Defendants and the Released Parties shall have no 9 involvement in reviewing, challenging, or approving the Proofs of Claim or in distributing the 10 Net Settlement Fund. 11 28. After the Effective Date, Lead Counsel shall apply to the Court, on notice to the 12 Parties, for the Settlement Fund Distribution Order. 13 29. The Settlement Fund shall be distributed to the Authorized Claimants, pursuant to 14 the Settlement Fund Distribution Order, only after the Effective Date and after: (a) All Claims have been processed;
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DISTRIBUTION OF THE SETTLEMENT. 9 27. The Settlement Administrator shall determine and allocate to each Authorized 10 Claimant that Authorized Claimant’s proportionate share of the Settlement Fund based on each 11 Authorized Xxxxxxxx’s Recognized Claim compared to the total Recognized Claims of all 12 Authorized Claimants. The Settling Defendant and the Released Parties shall have no 13 involvement in reviewing, challenging, or approving the Proofs of Claim or in distributing the 14 Net Settlement Fund. 15 28. After the Effective Date, Lead Counsel shall apply to the Court, on notice to the 16 Parties, for the Settlement Fund Distribution Order. 17 29. The Settlement Fund shall be distributed to the Authorized Claimants, pursuant to 18 the Settlement Fund Distribution Order, only after the Effective Date and after: (a) All Claims have been processed; (b) All matters with respect to attorneys’ fees, costs, and disbursements 21 have been resolved by the Court, and such resolution by the Court is Final; and (c) All costs of administration have been paid. 23 30. The Settlement Administrator will use its best efforts to administer and distribute 24 the entirety of the Net Settlement Fund to the extent that it is equitably and economically feasible. 25 If there is any balance remaining in the Net Settlement Fund after the initial distribution of the 26 Net Settlement Fund, such remaining balance shall then be donated to an appropriate non-profit 27 organization selected by Lead Counsel, in which Lead Counsel shall not have any financial 28 interest or other affiliation. Under no circumstances shall the Settling Defendant or XL have any 1 interest whatsoever in such remaining balance.
DISTRIBUTION OF THE SETTLEMENT. Funds to the Listed Class Members shall be made directly and exclusively to the Listed Class Members. No Listed Class Member may assign or otherwise transfer his or her rights under this Agreement. E-transfers may only be sent to the email addresses for the Listed Class Members provided upon registration with Class Counsel.

Related to DISTRIBUTION OF THE SETTLEMENT

  • Certification of the Settlement Class For purposes of this Settlement only, the Parties stipulate to the certification of the Settlement Class, which is contingent upon the Court entering the Final Approval Order and Judgment of this Settlement and the occurrence of the Effective Date.

  • Distribution of Funds Deliver (i) to Seller, or order, the cash portion of the Purchase Price, adjusted for prorations, charges and other credits and debits provided for herein; and (ii) to Buyer, or order, any excess funds delivered to Escrow Agent by Buyer. Such funds shall be delivered by wire transfer or cashier’s check in accordance with instructions for Seller and Buyer; if no instructions are given, Escrow Agent shall deliver such funds by Escrow Agent’s check via overnight courier (or as otherwise requested by the intended recipient) to the appropriate party at the address set forth for notice in this Agreement.

  • Distribution of Proceeds In the event that, following the occurrence and during the continuance of any Event of Default, any monies are received in connection with the enforcement of any of the Loan Documents, or otherwise with respect to the realization upon any of the assets of the Borrower or the Guarantors, such monies shall be distributed for application as follows: (a) First, to the payment of, or (as the case may be) the reimbursement of the Agent for or in respect of, all reasonable out-of-pocket costs, expenses, disbursements and losses which shall have been paid, incurred or sustained by the Agent in connection with the collection of such monies by the Agent, for the exercise, protection or enforcement by the Agent of all or any of the rights, remedies, powers and privileges of the Agent or the Lenders under this Agreement or any of the other Loan Documents or in support of any provision of adequate indemnity to the Agent against any taxes or liens which by law shall have, or may have, priority over the rights of the Agent or the Lenders to such monies; (b) Second, to all other Obligations and Hedge Obligations (including any interest, expenses or other obligations incurred after the commencement of a bankruptcy or other proceeding under any Insolvency Law) in such order or preference as the Majority Lenders shall determine; provided, that (i) Swing Loans shall be repaid first, (ii) distributions in respect of such other Obligations shall include, on a pari passu basis, any Agent’s fee payable pursuant to §4.2, (iii) in the event that any Lender is a Defaulting Lender, payments to such Lender shall be governed by §2.13, and (iv) except as otherwise provided in clause (iii), Obligations owing to the Lenders with respect to each type of Obligation such as interest, principal, fees and expenses and Hedge Obligations (but excluding the Swing Loans) shall be made among the Lenders and Lender Hedge Providers, pro rata, and as between the Revolving Credit Loans and Term Loans pro rata; and provided, further that the Majority Lenders may in their discretion make proper allowance to take into account any Obligations not then due and payable; and (c) Third, the excess, if any, shall be returned to the Borrower or to such other Persons as are entitled thereto.

  • Distribution of Agreement The Employer agrees to make available to each employee a copy of this Agreement and to provide a copy of the same Agreement to all new employees entering the employment of the Employer.

  • EXCLUDING YOURSELF FROM THE SETTLEMENT How do I exclude myself from the settlement?

  • Distribution of UDP and TCP queries DNS probes will send UDP or TCP “DNS test” approximating the distribution of these queries.

  • Certain Distributions If the Company elects to: (I) distribute, to all or substantially all holders of Common Stock, any rights, options or warrants (other than rights issued pursuant to a stockholder rights plan prior to separation of such rights from the Common Stock) entitling them, for a period of not more than 60 calendar days after the date such distribution is announced, to subscribe for or purchase shares of Common Stock at a price per share that is less than the average of the Last Reported Sale Prices per share of Common Stock for the ten consecutive Trading Days ending on, and including, the Trading Day immediately before the date such distribution is announced (determined in the manner set forth in the third paragraph of Section 5.05(A)(ii)); or (II) distribute, to all or substantially all holders of Common Stock, assets or securities of the Company or rights to purchase the Company’s securities (other than rights issued pursuant to a stockholder rights plan prior to separation of such rights from the Common Stock), which distribution per share of Common Stock has a value, as reasonably determined by the Company in good faith, exceeding 10% of the Last Reported Sale Price per share of Common Stock on the Trading Day immediately before the date such distribution is announced, then, in either case, (x) the Company will send written notice of such distribution, and of the related right to convert Notes, to Holders, the Trustee and the Conversion Agent at least 50 Scheduled Trading Days before the Ex-Dividend Date for such distribution; and (y) once the Company has sent such notice, Holders may convert their Notes at any time until the earlier of the Close of Business on the Business Day immediately before such Ex-Dividend Date and the Company’s announcement that such distribution will not take place; provided, however, that the Notes will not become convertible pursuant to clause (y) above (but the Company will be required to send notice of such distribution pursuant to clause (x) above) on account of such distribution if each Holder participates, at the same time and on the same terms as holders of Common Stock, and solely by virtue of being a Holder, in such distribution without having to convert such Holder’s Notes and as if such Holder held a number of shares of Common Stock equal to the product of (i) the Conversion Rate in effect on the record date for such distribution; and (ii) the aggregate principal amount (expressed in thousands) of Notes held by such Holder on such date; provided, further, that if the Company is then otherwise permitted to settle conversions of Notes by Physical Settlement (and, for the avoidance of doubt, the Company has not elected another Settlement Method to apply, including pursuant to Section 5.03(A)(i)), then the Company may instead elect to provide such notice at least ten Scheduled Trading Days before such Ex-Dividend Date, in which case (x) the Company must settle all conversions of Notes with a Conversion Date occurring on or after the date the Company provides such notice and on or before the Business Day immediately before the Ex-Dividend Date for such distribution (or any earlier announcement by the Company that such distribution will not take place) by Physical Settlement; and (y) such notice must state that all such conversions will be settled by Physical Settlement; provided, further, that, notwithstanding anything to the contrary in this Section 5.01(C)(i)(3)(a), in the case of any separation, from the Common Stock, of rights issued pursuant to a stockholder rights plan as set forth in clauses (I) and (II) above, in no event will the Company be required to provide such notice before the Business Day after the date the Company becomes aware of the event causing such separation.

  • Distribution of Profits Any and all net income accruing to the Joint Venture shall be distributed equally to the Parties.

  • Distribution of Contract Within forty-five (45) days after the execution of this contract, the District shall print or duplicate and provide without charge a copy of this contract to every employee in the bargaining unit, plus ten (10)

  • Allocation of Funds A. The Faculty Development Committee shall approve all applications for reassignment of duties that do not require additional funding and have been endorsed by the applicant’s Division. B. The Faculty Development Committee shall follow the guidelines established in consultation between the parties in deciding which applications for faculty development funding will be approved.

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