Individual Settlement Payment Sample Clauses

Individual Settlement Payment. “Individual Settlement Payment” refers to the 11 amount the Settlement Administrator distributes from the Net Settlement Amount to each Settlement 12 Class Member Entitled to Autopay and each Claimant.
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Individual Settlement Payment. “Individual Settlement Payment” refers to the 4 amount the Settlement Administrator distributes from the Net Settlement Amount to each Claimant.
Individual Settlement Payment. The amount due to each Participating Settlement Class Member from the Net Settlement Amount based on each Participating Settlement Class Member’s share as per calculations herein, prior to any deductions for employee-side payroll and other applicable taxes and fees.
Individual Settlement Payment. Subject to the terms and conditions of this Agreement, the Settlement Administrator will pay an Individual Settlement Payment from the Net Settlement Amount to each Class Member who does not submit a timely and valid Election Not to Participate in Settlement. (i.e., Participating Class Members).
Individual Settlement Payment. In exchange for the dismissal of the action with prejudice and the releases described below, Defendant agrees to make a total payment to Plaintiff Xxxxxxxx Xxxxxxx of Thirty Thousand Dollars and Zero Cents ($30,000.00). This is comprised of $10,000 as a Service Award for Xx. Xxxxxxx’x service to the class and $20,000 as an individual settlement for his non-class claims and in exchange for the general release of any and all claims that only Xx. Xxxxxxx will provide to Defendant; and
Individual Settlement Payment. The payment by Defendants to Plaintiff in accordance with the separate individual settlement agreement entered into between the Parties totaling $20,000 regarding her claims of retaliation, wrongful termination, and other related claims.
Individual Settlement Payment. 4 Each Class Member’s share of the Net Settlement Amount, which shall be 5 distributed to the Class Members, less employee portions of state and federal withholding taxes, 6 including the employee FICA, FUTA and SDI contributions and any other applicable payroll 7 deductions required by law as a result of the payment of the amount allocated to such Class 8 Member as set forth herein.
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Related to Individual Settlement Payment

  • Settlement Payment If the resulting net amount is positive, it shall be payable by the Defaulting Party to the Non-Defaulting Party, and if it is negative, then the absolute value of such amount shall be payable by the Non-Defaulting Party to the Defaulting Party.

  • Settlement Payments On the first Business Day of each month ("Interest Settlement Date"), Collateral Agent will advise each Lender by telephone, fax or telecopy of the amount of such Lender's share of interest and fees on each of the Loans as of the end of the last day of the immediately preceding month. Provided that such Lender has made all payments required to be made by it under this Agreement, Collateral Agent will pay to such Lender, by wire transfer to such Lender's account (as specified by such Lender on the signature page of this Agreement or the applicable Assignment and Acceptance Agreement, as amended by such Lender from time to time after the date hereof or in the applicable Assignment and Acceptance Agreement) not later than 3:00 p.m. Chicago time on the next Business Day following the Interest Settlement Date, such Lender's share of interest and fees on each of the Loans. Such Lender's share of interest on each Loan will be calculated for that Loan by adding together the Daily Interest Amounts for each calendar day of the prior month for that Loan and multiplying the total thereof by the Interest Ratio for that Loan. Such Lender's share of the Unused Line Fee described in subsection 2.3(A) shall be an amount equal to (a)(i) such Lender's average Revolving Loan Commitment during such month, less (ii) the sum of (x) such Lender's average Daily Loan Balance of the Revolving Loans, plus (y) such Lender's Pro Rata Share of the average daily aggregate amount of Letter of Credit Reserve, in each case for the preceding month, multiplied by (b) the percentage required by subsection 2.3(A). Such Lender's share of all other fees paid to Collateral Agent for the benefit of Lenders hereunder shall be paid and calculated based on such Lender's Commitment with respect to the Loans on which such fees are associated. To the extent Collateral Agent does not receive the total amount of any fee owing by Borrowers under this Agreement, each amount payable by Collateral Agent to a Lender under this subsection 9.8(A)(4) with respect to such fee shall be reduced on a pro rata basis. The Collateral Agent and the Lenders hereby acknowledge and agree that in no event shall the aggregate fee payments received by such Lenders pursuant to this subsection 9.8(A)(4) exceed the total amount of fees pursuant to subsection 2.3.

  • Payment of Settlement Amount (1) Within thirty (30) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, for deposit into the Trust Account.

  • Gross Settlement Amount Except as otherwise provided by Paragraph 9 below, Defendant promises to pay $337,500.00 and no more as the Gross Settlement Amount and to separately pay any and all employer payroll taxes owed on the Wage Portions of the Individual Class Payments. Defendant has no obligation to pay the Gross Settlement Amount (or any payroll taxes) prior to the deadline stated in Paragraph 6.1 of this Agreement. The Administrator will disburse the entire Gross Settlement Amount without asking or requiring Participating Class Members or Aggrieved Employees to submit any claim as a condition of payment. None of the Gross Settlement Amount will revert to Defendant.

  • Funding of Gross Settlement Amount Defendant shall fully fund the Gross Settlement Amount, and also fund the amounts necessary to fully pay Defendant’s share of payroll taxes by transmitting the funds to the Administrator no later than 14 days after the Effective Date.

  • Payments from the Gross Settlement Amount The Administrator will make and deduct the following payments from the Gross Settlement Amount, in the amounts specified by the Court in the Final Approval:

  • Final Settlement The Parties agree and acknowledge that this Compromise Agreement shall constitute a final settlement between the Parties. This Compromise Agreement resolves only issues addressed in the Compromise Agreement.

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