Settlement Proceeds. The Parties agree that the Settlement Proceeds and other consideration provided by Anadarko herein will resolve the Adversary Proceeding on the terms stated herein, with approximately 88% of the net proceeds distributed pursuant to the Distribution Scheme as and to the extent set forth in the Litigation Trust Agreement, Environmental Settlement Agreement and the Environmental and Tort Trust Agreements for the benefit of trusts created to conduct Environmental Actions at one or more Covered Sites and to federal, state, or tribal governments in satisfaction of claims for costs previously expended, or to be expended, at Covered Sites or for Environmental Actions expected to be performed at Covered Sites, and approximately 12% of the net proceeds distributed to the Tort Trust on account of Bankruptcy Tort Claims.
Settlement Proceeds. A. The payment of Settlement Proceeds (defined below) pursuant to this Agreement is the sole responsibility of Xxxxxxx. The Participating Plaintiffs and the Non-Responsive Plaintiffs shall look solely to Xxxxxxx for any payment obligations under this Agreement.
Settlement Proceeds. CardConnect has agreed to pay up to Seven Million, Six Hundred and Fifty Thousand U.S. Dollars and Zero Cents ($7,650,000.00) to settle the Action (“Settlement Proceeds”). From the Settlement Proceeds, the following amounts will be paid: (a) payment of the Court-authorized Attorneys’ Fees and Costs awarded to Class Counsel; (b) payment of the Court-authorized Incentive Awards awarded to the Class Representatives; and (c) payment of the Administration Costs of the Settlement, including the cost of providing notice.
Settlement Proceeds. Any recovery or settlement received in connection with any suit initiated by Licensee under Section 6.5.2 above shall first be used to reimburse each Party’s litigation costs. Any recovery in excess of litigation costs of Licensee and Licensor shall be shared between Licensee and Licensor as follows: for any suit initiated by Licensee, [***]; and in any suit initiated by Licensor, at its expense, in which Licensee does not participate, [***].
Settlement Proceeds the amount of money exchanged to resolve this case, as follows, none of which LAKE CHASE opposes:
Settlement Proceeds. Subject to the Settlement taking effect and the Effective Date occurring, Defendants shall pay a total of $493,227.84 (the “Settlement Fund”) with reversion to Defendants as set out below. The Settlement Fund shall be “all inclusive,” meaning that it shall be used to satisfy all of the following: (1) the settlement awards to be paid to Eligible Class Members, (2) all employer and employee payroll taxes and withholdings associated with the Settlement Awards, (3) the incentive award to be paid to the Plaintiff, (4) the award of attorneys’ fees to Class Counsel, (5) the expenses and costs of litigation to be paid to Class Counsel, and (6) an award of settlement administration expenses to be paid to the Settlement Administrator, all as approved by the Superior Court. Notwithstanding any other provision of this Agreement, in no event shall Defendants be obligated to pay more than $493,227.84 in settlement of this case, other than for their attorneys’ fees. The Settlement Fund shall be allocated as follows:
Settlement Proceeds. The Acquirer is responsible for payment of the Settlement Proceeds to you in accordance with your Merchant Account Agreement.
Settlement Proceeds. The Woodside Settlement Sum, the JPMorgan Settlement Sum, and the Pioneer Settlement Sum will together be referred to as the “Settlement Proceeds.”
Settlement Proceeds. 1. WRSKK hereby recognizes that it has a duty to pay to Nissin as Settlement Proceeds the sum of Two Hundred Twenty Million Japanese Yen (JPY220,000,000). Said Settlement Proceeds shall be paid by wire transfer to an account designated by Nissin by 30 March 2001.
Settlement Proceeds. ABCX agrees to pay, and Broady hereby accepts payment of, an aggregate net amount of $185,000.00 (the "SETTLEMENT PROCEEDS") to Broady in full settlement of all claims, potential claims, demands, xxxxxxial litigation and disputes between the parties that arise out of, relate to or in any way concern Broady's employment relationship with ABCX or services he provided fxx XXXX or the Severance Agreement. The Settlement Proceeds to be paid to Broady are net of applicable required withholding taxes. ABCX shall xxxxxxr to Broady appropriate documentation itemizing the gross amounts of the Xxxxxxment Payments.
