Final Settlement Amount Clause Samples

Final Settlement Amount. “Final Settlement Amount” means the sum of the Net Settlement Fund plus all Court-approved Costs and Fees, Settlement Claims Administrator fees and costs, Service Awards.

Final Settlement Amount. As defined in Section 3.1(c) of this Agreement.

Final Settlement Amount. On and as of the Termination Date, all amounts owed from one Party to the other Party hereunder shall be determined and set off, netted, or aggregated to a single settlement amount (the “Final Settlement Amount”), the determination of which shall include all amounts owed from one Party to the other Party hereunder, including any indemnification amounts (to the extent such indemnification amounts are known and liquidated),

Final Settlement Amount. The Initial Adjusted Consideration shall be further adjusted after Completion by the Final Settlement Amount and an amount equivalent to interest calculated in Dollars in accordance with Clause 6, using the Reference Interest Rate, on the Final Settlement Amount as set out in the Final Statement of Accounts, from and including the day on which Completion takes place to and including the date of payment thereof, payable in each case by the Purchasers to the Seller if the Final Adjusted Consideration is greater than the Initial Adjusted Consideration, and payable in each case by the Seller to the Purchasers if the Final Adjusted Consideration is less than the Initial Adjusted Consideration. If an amount is payable by the Purchasers under this clause, each Purchaser shall be liable to pay the Seller fifty percent (50%) of such amount. If an amount is payable by the Seller to the Purchasers under this clause, the Seller shall be liable to pay each Purchaser fifty percent (50%) of such amount.

Final Settlement Amount. “Final Settlement Amount” means the aggregate to be paid to the Authorized Claimants, service payments to Plaintiffs, attorneys’ fees and costs, service awards, Settlement Administrator’s fees, Defendants’ share of payroll taxes if applicable, and any other amounts ordered by the Court.

Final Settlement Amount