Payment to LWDA Sample Clauses

Payment to LWDA. The Settlement Class Representative, as an allegedly 14 Aggrieved Employee, will file the Complaint on behalf of other current or former employees under 15 the Private Attorneys General Act, California Labor Code Section 2699, et seq. (“PAGA”). 16 Settlement Class Counsel will submit a copy of this Settlement and the motions for approval to the 17 LWDA, as required by Labor Code section 2699(l)(2). Settlement Class Counsel will attach a copy 18 of the confirmation of submission to the LWDA as an exhibit to their motion for preliminary 19 approval and will submit a copy of the Final Approval Order and Judgment to the LWDA within 10 20 days of its entry, as required by Labor Code section 2699(l)(3). 21 From the Settlement Fund and subject to court approval, $10,000.00 is allocated to and 22 designated as penalties pursuant to PAGA, seventy-five percent (75%) of which shall be paid to the 23 LWDA. Within twenty (20) calendar days after the Final Effective Date, the Settlement 24 Administrator shall pay $7,500.00 to the LWDA from the Settlement Fund. This payment shall 25 constitute full satisfaction of the obligation, if any, to pay civil penalties to the LWDA pursuant to 26 California Labor Code Section 2699(i). Twenty-five percent (25%) of the amount allocated to and 27 designated as penalties pursuant to PAGA shall be payable to the Aggrieved Employees (“PAGA 28 Payment”) based upon the calculation set forth in Section 10.2 above, as corrected pursuant to 1 Sections 10.4 and 10.5, and pursuant to the procedures set forth in Section 10.7 above. The portion 2 of the PAGA Payment made to Aggrieved Employees will be classified as penalties and the 3 Settlement Administrator shall issue an IRS Form 1099 to each Aggrieved Employee for this 4 payment. 5 The Parties agree that, as to the PAGA claim, no Settlement Class Member or Aggrieved 6 Employee can exclude themselves from that portion of the Settlement and that, absent an order 7 granting leave to intervene in the Action, no individual has standing to object to the Settlement of 8 the PAGA Claim. Any Settlement Class Member who is also an Aggrieved Employee and requests 9 exclusion from the Class will still receive their portion of the PAGA Payment.
AutoNDA by SimpleDocs
Payment to LWDA. The Parties agree that $100,000 of the Total Settlement Amount shall be allocated to settle the PAGA claim, and will be distributed as follows: 75% of the apportioned PAGA settlement amount ($75,000) will be paid to the LWDA, and the remaining 25% ($25,000) will be divided among the Class Members on a pro rata basis, and included in their Individual Settlement Payments. Every Aggrieved Employee will receive a PAGA distribution of at least $1. If the Court approves less than the amount requested, the Settlement Administrator will allocate the reminder of the payment to the Net Settlement Proceeds.
Payment to LWDA. From the PAGA Allocation of PAGA Penalties, 75% (i.e., $18,750) shall be paid to the LWDA, which represents the LWDA PAGA Payment, within thirty (30) days the Administrator’s receipt of the Settlement Fund.
Payment to LWDA. The LWDA is entitled to 75% of the Total Settlement Amount, after court-approved deductions (if any), and subject to the suspension and forgiveness provisions set forth in Section III.B.4 and the reserve fund set forth in Section III.F.3.
Payment to LWDA. The Parties agree that $20,000 of the Total Settlement Amount shall be allocated to settle the PAGA claim, and will be distributed as follows: 75% of the apportioned PAGA settlement amount ($15,000) will be paid to the LWDA, and the remaining 25% ($5,000) will be divided among the Class Members on a prorata basis, and included in their Individual Settlement Payments.
Payment to LWDA. Subject to Court approval, $30,000 will be paid to the LWDA for its share of the settlement of civil penalties claimed in the Rutti Class Action.

Related to Payment to LWDA

  • Payment of GST Payment of the additional amount will be made at the same time as payment for the supply is required to be made under this Contract.

  • Payment of Fee The cash management fee referred to in Clause 9.1 (Fee Payable) shall only be payable to the Current Issuer Cash Manager on each Payment Date in the manner contemplated by, in accordance with and subject to the provisions of the Current Issuer Pre-Enforcement Revenue Priority of Payments or, as the case may be, the Current Issuer Post-Enforcement Priority of Payments.

  • Payment of Amounts The Death Benefit payable on the death of the Owner, or after the death of the first Owner, or upon the death of the spouse who continues the Contract, will be distributed to the designated Beneficiary(s) as follows:

  • Payment to Brokers Upon the execution of this Lease by both Parties, Lessor shall pay to said Broker(s) jointly, or in such separate shares as they may mutually designate in writing, a fee as set forth in a separate written agreement between Lessor and said Broker(s) (or in the event there is no separate written agreement between Lessor and said Broker(s), the sum of $ N/A) for brokerage services rendered by said Broker(s) in connection with this transaction.

  • Distributions; Xxxxxx Xxx Guaranty On or before each Determination Date (or as soon thereafter as is reasonably practicable), Xxxxxx Mae shall calculate the Lower Tier Distribution Amount for the current calendar month. On each Distribution Date, Xxxxxx Xxx shall withdraw from the Certificate Account the portion of the Lower Tier Distribution Amount distributable thereon and shall make the distributions to the Holders of the related Lower Tier Regular Classes in the respective amounts and in the applicable manner determined pursuant to Section 2.02. In the event that the amount on deposit in the Certificate Account on any Distribution Date shall be less than the applicable portion of the Lower Tier Distribution Amount distributable thereon, Xxxxxx Mae shall provide from its own funds the amount of any such insufficiency. In addition, in the event that (i) the applicable portion of the Lower Tier Distribution Amount shall be insufficient to pay all interest due and payable on the related Lower Tier Regular Classes on such Distribution Date or (ii) such Distribution Date is a Final Distribution Date for any Class and the distribution on such Distribution Date of the applicable portion of the Lower Tier Distribution Amount will not be sufficient to reduce the Class Balance of such Class to zero on such Final Distribution Date, then Xxxxxx Xxx shall (a) withdraw from the Certificate Account, such amount as shall be necessary to remedy such insufficiency and (b) to the extent that funds in the Certificate Account shall be insufficient therefor, apply its own funds towards remedying the same.

  • Payment Over (a) So long as the Discharge of First Lien Obligations has not occurred, any payment or distribution or any Collateral, or any proceeds thereof (together with assets or proceeds subject to Liens referred to in the final sentence of Section 2.03), received by each of the Second Lien Collateral Agent or any other Second Lien Secured Party, or Third Lien Collateral Agent or any other Third Lien Secured Party in connection with any Disposition of, or collection on, such Collateral upon the enforcement or the exercise of any right or remedy (including any right of setoff) with respect to the Collateral, or in connection with any insurance policy claim or any condemnation award (or deed in lieu of condemnation), or otherwise in contravention of this Agreement shall be segregated and held in trust and forthwith transferred or paid over to the First Lien Collateral Agent for the benefit of the First Lien Secured Parties in the same form as received, together with any necessary endorsements, or as a court of competent jurisdiction may otherwise direct. Until the Discharge of First Lien Obligations occurs, each of the Second Lien Note Holders and the Third Lien Collateral Note Holders hereby appoints the First Lien Collateral Agent, and any officer or agent of the First Lien Collateral Agent, with full power of substitution, the attorney-in-fact of each Second Lien Note Holder and Third Lien Note Holder, respectively, for the purpose of carrying out the provisions of this Section 4.02 and taking any action and executing any instrument that the First Lien Collateral Agent may deem necessary or advisable to accomplish the purposes of this Section 4.02, which appointment is irrevocable and coupled with an interest. (b) After the Discharge of First Lien Obligations has occurred and so long as the Discharge of Second Lien Obligations has not occurred, any payment or distribution or any Collateral, or any proceeds thereof (together with assets or proceeds subject to Liens referred to in the final sentence of Section 2.03), received by the Third Lien Collateral Agent or any other Third Lien Secured Party in connection with any Disposition of, or collection on, such Collateral upon the enforcement or the exercise of any right or remedy (including any right of setoff) with respect to the Collateral, or in connection with any insurance policy claim or any condemnation award (or deed in lieu of condemnation), or otherwise in contravention of this Agreement shall be segregated and held in trust and forthwith transferred or paid over to the Second Lien Collateral Agent for the benefit of the Second Lien Secured Parties in the same form as received, together with any necessary endorsements, or as a court of competent jurisdiction may otherwise direct. After the Discharge of First Lien Obligations has occurred and until the Discharge of Second Lien Obligations occurs, the Third Lien Note Holders hereby appoints the Second Lien Collateral Agent, and any officer or agent of the Second Lien Collateral Agent, with full power of substitution, the attorney-in-fact of each Third Lien Note Holder for the purpose of carrying out the provisions of this Section 4.02 and taking any action and executing any instrument that the Second Lien Collateral Agent may deem necessary or advisable to accomplish the purposes of this Section 4.02, which appointment is irrevocable and coupled with an interest.

  • Payment of Royalty The royalty obligation under Section 5.4 shall accrue upon the sales of a Licensed Product in each particular country in the Territory, commencing upon [***], and such obligation shall end upon the expiration of the Royalty Term applicable to such Licensed Product in such country. All such royalty payments are non-refundable and non-creditable and shall be due within [***] days of the end of each [***] and are payable in immediately available funds. ProNAi shall notify Marina in writing promptly upon the First Commercial Sale of Licensed Product in each country and thereafter ProNAi shall furnish Marina with a written report (the “Royalties Report”) for each completed [***] showing, on a country-by-country basis, according to the volume of units of Licensed Product sold in each such country (by SKU) during the reporting period (whether Licensed Product is sold by ProNAi or its Affiliates or Sublicensees): (a) the gross invoiced sales of the Licensed Product sold in each country during the reporting period, and the amounts deducted therefrom to determine Net Sales from such gross invoiced sales; (b) the royalties payable in dollars, if any, which shall have accrued hereunder based upon Net Revenues from sales of Licensed Product; and (c) the withholding taxes, if any, required by Applicable Law to be deducted in respect of such sales (provided that, as to sales by Sublicensees, ProNAi shall report only the net sales numbers (using the definition for such term in the applicable sublicense agreement) as reported by the Sublicensee, if such Sublicensee does not report gross invoiced sales numbers). With respect to sales of Licensed Product invoiced in US dollars, the gross invoiced sales, Net Revenues and royalties payable shall be expressed in the Royalties Report in US Dollars. With respect to sales of Licensed Product invoiced in a currency other than US dollars, the gross invoiced sales, Net Sales and royalties payable shall be expressed in the Royalties Report in the domestic currency of the party making the sale as well as in the US dollar equivalent of the Royalty payable and the exchange rate used in determining the amount of US dollars. The US dollar equivalent shall be calculated on a calendar-month basis using the average monthly interbank rate listed in the Wall Street Journal.

  • Treatment of Installment Payments Each payment of termination benefits under this Agreement shall be considered a separate payment, as described in Treas. Reg. Section 1.409A‑2(b)(2), for purposes of Section 409A of the Code.

  • PAYMENT TO SUB-CONTRACTORS 12.1 Transnet reserves the right, in its sole discretion, to make payment directly to the sub-contractor of the Supplier/Service Provider, subject to the following conditions: a) Receipt of an undisputed invoice from the sub-contractor; and b) Receipt of written confirmation from the Supplier/Service Provider that the amounts claimed by the sub-contractor are correct and that the services for which the sub- contractor has requested payment were rendered to the satisfaction of the Supplier/Service Provider, against the required standards. 12.2 Nothing contained in this clause must be interpreted as bestowing on any sub-contractor a right or legitimate expectation to be paid directly by Transnet. Furthermore, this clause does not bestow any right or legitimate expectation on the Supplier/Service provider to demand that Transnet pay its sub-contractor directly. The decision to pay any sub-contractor directly, remains that of Transnet alone.

  • Installment Payments For purposes of Code Section 409A, Employee’s right to receive any installment payments pursuant to this Agreement shall be treated as a right to receive a series of separate and distinct payments. Whenever a payment under this Agreement specifies a payment period with reference to a number of days, the actual date of payment within the specified period shall be within the sole discretion of the Company.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!