Common use of Net Recovery Clause in Contracts

Net Recovery. If this agreement is approved without modification, the net settlement to the claimant will be $[enter gross settlement amount excluding legal fee], less any outstanding child support obligations.

Net Recovery. If this agreement is approved without modification, the net settlement to the claimant will be $[enter gross settlement amount excluding legal fee, e.g., $65,000.00], less any outstanding child support obligations.

Net Recovery. If this agreement is approved without modification, the net settlement to the claimant will be $[enter gross settlement amount excluding legal fee, e.g., $72,000.00], less any outstanding child support obligations.