Formula for Distribution to Class Members Sample Clauses

Formula for Distribution to Class Members.Β 42. Class Members’ distributions from the Net Settlement Fund will be determined on a pro rata basis, based on the amount of relevant fees paid by the Class Member, which will be established by the Settlement Administrator after receiving the amount of relevant fees at issue in this lawsuit paid by each Class Member from Defendant. The following formula will determine each Class Member’s distribution: πΆπ‘™π‘Žπ‘ π‘  π‘€π‘’π‘šπ‘π‘’π‘Ÿ'𝑠 π‘ƒπ‘Ÿπ‘œ π‘…π‘Žπ‘‘π‘Ž % = π‘…π‘’π‘‘π‘Ÿπ‘¦ 𝐹𝑒𝑒𝑠 π‘ƒπ‘Žπ‘–π‘‘ 𝑏𝑦 π‘‡β„Žπ‘Žπ‘‘ πΆπ‘™π‘Žπ‘ π‘  π‘€π‘’π‘šπ‘π‘’π‘Ÿ π‘…π‘’π‘‘π‘Ÿπ‘¦ 𝐹𝑒𝑒𝑠 π‘ƒπ‘Žπ‘–π‘‘ 𝑏𝑦 𝐴𝑙𝑙 πΆπ‘™π‘Žπ‘ π‘  π‘€π‘’π‘šπ‘π‘’οΏ½οΏ½π‘  No Class Member shall receive more in this settlement than the Retry Fees received by Defendant from that Class Member. For purposes of issuance of settlement payments, the primary Account holder along with any joint or co-holders shall be treated as one person. Any settlement checks for Class Members who are joint or co- holders shall be issued payable to only the primary Account holder but shall be deemed to satisfy any rights or interests of any joint or co-owners of the Account and shall be mailed to the last known address of the primary Account holder. Direct Distribution to Class Membersβ€”No Claims Process
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Formula for Distribution to Class Members.Β Class Members’ distributions from the Net Settlement Fund will be determined on a pro rata basis, based on the amount of relevant fees paid by the Class Member, which will be established by the Settlement Administrator after receiving the amount of relevant fees at issue in this lawsuit paid by each Class Member from Defendant. The following formula will determine each Class Member’s distribution: Class Menber’s Pro Rata % = Total Anount of APSN Overdraft Fees Paid by That Class Menber Total of APSN Overdraft Fees Paid by All Class Menbers Class Menber’s Distribution = Class Menber’s Pro Rata % Γ— Net Settlenent Fund
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Related to Formula for Distribution to Class Members

  • Notice to Class Members 8.4.1 No later than three (3) business days after receipt of the Class Data, the Administrator shall notify Class Counsel that the list has been received and state the number of Class Members, PAGA Members, Workweeks, and Pay Periods in the Class Data.

  • Payments to Settlement Class Members (a) Defendant shall pay into the Escrow Account the amount of the Settlement Fund ($1,000,000.00), specified in Paragraph 1.33 of this Agreement, within sixty (60) days after Final Approval.

  • DISTRIBUTION TO OWNER The Parties agree that the Agent shall make the following distributions to the Owner: (check one) ☐ - With each payment made by a tenant of the Property on a timely basis. ☐ - % of payments collected to be paid each ☐ week ☐ month with the full balance owed five (5) days before the end of each taxable quarter. ☐ - $ to be paid each ☐ week ☐ month with the full balance owed five (5) days before the end of each taxable quarter. ☐ - To be paid-in-full five (5) business days before the end of each taxable quarter. ☐ - Other. . Any unpaid amount from the Agent to the Owner shall be held by the Agent and designated for other fees, expenses, distributions, or other items related to the Property. Any such remaining amounts shall be distributed to the Owner upon the termination of this Agreement.

  • Settlement Class Members β€œSettlement Class Members” shall mean all persons in the Class who do not exclude themselves pursuant to Section F, herein, and those who submit a Valid Claim.

  • Notice to Settlement Class Members 5.1 The Parties agree that the following Notice Program provides reasonable notice to the Settlement Class.

  • Participating Class Members The Administrator will send, by U.S. mail, a single check to every Participating Class Member (i.e., every Class Member who doesn’t opt-out) including those who also qualify as Aggrieved Employees. The single check will combine the Individual Class Payment and the Individual PAGA Payment.

  • Settlement Class Certification The Settling Parties agree, for purposes of this settlement only, to the certification of the Settlement Class. If the settlement set forth in this Settlement Agreement is not approved by the Court, or if the Settlement Agreement is terminated or cancelled pursuant to the terms of this Settlement Agreement, this Settlement Agreement, and the certification of the Settlement Class provided for herein, will be vacated and the Litigation shall proceed as though the Settlement Class had never been certified, without prejudice to any Person’s or Settling Party’s position on the issue of class certification or any other issue. The Settling Parties’ agreement to the certification of the Settlement Class is also without prejudice to any position asserted by the Settling Parties in any other proceeding, case or action, as to which all of their rights are specifically preserved.

  • Allocation of Profits and Losses Distributions Profits/Losses. For financial accounting and tax purposes, the Company's net profits or net losses shall be determined on an annual basis and shall be allocated to the Members in proportion to each Member's relative capital interest in the Company as set forth in Schedule 2 as amended from time to time in accordance with U.S. Department of the Treasury Regulation 1.704-1.

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

  • What Forms of Distribution Are Available from a Xxxxxxxxx Education Savings Account Distributions may be made as a lump sum of the entire account, or distributions of a portion of the account may be made as requested.

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