Additional Settlement Amount definition

Additional Settlement Amount means any portion of the Service Provider Recovery Amount, Insurance Refund Amount, and Unreimbursed Insurance Amount received by the Akazoo Investors. For the avoidance of doubt, the Additional Settlement Amount does not include the Akazoo Recovery Amount or any exhausted portion of the Indemnification Holdback. There is no cap on the Additional Settlement Amount.
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Additional Settlement Amount means monies in excess of the amount set forth in ¶ C.2 infra (the $356,000 paid by Forcefield’s insurers into the Escrow Account and the $44,000 paid by Forcefield’s insurers pursuant to the Derivative Action stipulation of settlement), that currently remains available pursuant to the ForceField Defendants’ insurance coverage, in the amount of one hundred thirty one thousand six hundred thirty six U.S. dollars ($131,636). The
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Additional Settlement Amount means monies in excess of the Settlement Fund, that may remain in PixarBio’s directors & officers insurance policy by Chubb after all claims, fees, and expenses are paid from other related litigation including the actions Securities and Exchange Commission v. PixarBio Corp, et al.,
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Examples of Additional Settlement Amount in a sentence

  • Each of the other Participating Debtors and each Racers Trust acknowledges and agrees that it is not a holder in LBSF Class 4A and LBSF Class 5C and it shall not receive a Distribution in respect of the LBSF Additional Settlement Amount.

  • LBSF Additional Settlement Amount: (1) General Unsecured Claims against LBSF other than Claims of any of the Racers Trusts, and (2) Affiliate Claims against LBSF other than Claims of any of the Participating Debtors.

  • Only holders of Allowed Claims in LBSF Class 4A and LBSF Class 5C shall be entitled to receive the LBSF Additional Settlement Amount in accordance with Sections 5.21(b) and 5.25(b), respectively.

  • Each holder of an Allowed Claim in LBSF Class 4A shall receive its Pro Rata Share (i) from LBSF of (A) Available Cash; provided, however, that the applicable Plan Adjustment Percentage of such Distribution shall be automatically redistributed pursuant to Section 6.5(a) of the Plan, (B) the Excess Plan Adjustment Portion with respect to LBSF Class 4A, and (C) the LBSF Additional Settlement Amount, and (ii) the LBSF Settlement Amount.

  • Subject to Section 6.5(b) of the Plan, each holder of an Allowed Claim in LBSF Class 5C shall receive from LBSF its Pro Rata Share of (i) Available Cash; provided, however, that the applicable Plan Adjustment Percentage of such Distribution shall be automatically redistributed pursuant to Section 6.5(a) of the Plan, (ii) the Excess Plan Adjustment Portion with respect to LBSF Class 5C and (iii) the LBSF Additional Settlement Amount.

  • These four payments in total – two from the ForceField Defendants, to be paid by ForceField’s insurer or, in the case of the Additional Settlement Amount, by the ForceField Defendants or by ForceField’s insurer, one from the DTG Defendants, and one from the GSCR Defendants – constitute the Settlement Amount.

  • Any attorneys’ fees and costs and Award to Plaintiffs awarded by the Court shall be paid from the Gross Settlement Fund within two (2) business days after the Court executes an order awarding such fees and expenses, and with respect to the Additional Settlement Amount, within (2) business days of receipt of the Additional Settlement Amount from the ForceField Defendants.

  • Lockey RF:Aspirin-improved ASA triad.Hospital Practice 13:129-138, 1978.7. Lockey RF:Urticaria of unknown origin.

  • No separate Notice will be sent to Authorized Claimants before distribution of any monies remaining in the Additional Settlement Amount.

  • No Authorized Claimant shall have any claim against Lead Counsel or the Claims Administrator based on, or in any way relating to, the distributions from the Net Settlement Fund or the Additional Settlement Amount Escrow Fund that have been made substantially in accordance with this Stipulation and any applicable orders of the Court.


More Definitions of Additional Settlement Amount

Additional Settlement Amount. An amount in the Settlement Currency equal to the greater of (i) (x) the Relevant Price minus the Cap Price, multiplied by (y) the Option Entitlement multiplied by (z) the Number of Options; and (ii) zero.
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Additional Settlement Amount means monies in excess of the amount set forth in ¶1.40 infra (the $750,000 to be paid into the Escrow Account), that remains in PixarBio’s directors & officers insurance policy by Chubb after all claims, fees, and expenses are paid from other related litigation including the actions Securities and Exchange Commission v. PixarBio Corp, et al., Case No. 1:18-cv-10797 (D. Mass) and United States of America v. Reynolds, et al., Case No. 18-CR-10154 (D. Mass). After the conclusion of these aforementioned actions, if any
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Related to Additional Settlement Amount

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

  • Maximum Settlement Amount means $500,000,000 as amended or modified in accordance with Appendix E.

  • Final Settlement Date has the meaning set forth in Section 3.1(e).

  • Final Settlement means permanent settlement of the Contractor’s actual allowable costs or expenditures as determined at the time of audit, which shall be completed within three years of the date the year-end cost settlement report was accepted for interim settlement by the State. If the audit is not completed within three years, the interim settlement shall be considered as the final settlement.

  • Gross Settlement Amount means $633,000.00 which is the total amount Defendant agrees to pay under the Settlement except as provided in Paragraph 9 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Settlement Amount means, with respect to a party and any Early Termination Date, the sum of: --

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • Post-Closing Adjustment Amount has the meaning set forth in Section 2.04(c).

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.