Class Fund definition

Class Fund means the aggregate, gross amount the Parties propose be paid to the Settlement Class as Settlement Awards pursuant to this Settlement. The Class Fund shall be calculated by subtracting the Court-approved Attorneys’ Fees and Costs Award, Service Award, and Settlement Administration Expenses Award from the Maximum Settlement Amount.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Class Fund or “Class Funds” means one or more Funds that is a class of NCM Opportunities or of NCM Core Portfolios.

Class Fund means the aggregate, gross amount the Parties propose be paid to the Settlement Class as Settlement Awards pursuant to this Agreement. The Class Fund shall be calculated by subtracting the Court-approved Attorney’s Fees and Costs Award, Service Award, Full Release Award, and Settlement Administration Expenses Award and from the Maximum Settlement Amount. Subject to approval by the Superior Court, the Parties anticipate the aggregate gross amount paid to the Settlement Class as part of the Settlement of this Case is estimated to be no less than One Hundred Eighty-One Thousand Dollars ($181,000).

Examples of Class Fund in a sentence

• In addition to and separate from any other payments called for in this Agreement, the County of San Bernardino shall pay a one-time-only lump sum payment of the Class Counsel attorneys’ fees plus litigation costs (exclusive of expert/consultant and mediation fees, which are paid from the $950,000 Damages Class Fund) in the amount of $1,100,000, payable by wire transfer to the KMBL Client Trust Account within ten (10) days after the Effective Date of the Settlement.

• The County of San Bernardino will make a single wire transfer to the Class Administrator of the Damages Class Fund, less the amount of that Fund previously advanced under the terms of this Agreement.

• United States Class Fund (“Class Fund”) by deposit into a settlement account established by the Class Administrator (“▇▇▇▇▇▇ v.

• Each member of the Breaks and Standby Time Class shall be entitled to a proportional share of 45.7% of the Class Fund, and this share shall be calculated as the number of weeks worked by that member from December 19, 2009 to July 1, 2012 divided by the total number of weeks worked by all members of the Breaks and Standby Time Class during that same period.

• Precious Metals Long 1.0X / Short 1.0X The Atlas Capital Precious Metals Long 1.0X / Short -1.0X strategy is an active strategy that exchanges client assets between the Rydex Precious Metals Investor Class Fund (trading symbol RYPMX) and the ProFunds Short Precious Metals Investor Class Fund (trading symbol SPPIX).

More Definitions of Class Fund

Class Fund means the amount available to pay claims submitted by Valid Claimants after deduction from the Settlement Fund of the Subclass Fund.

Class Fund means a fund maintained in accordance with clause 9 of the Trust Instrument, each such fund being attributable to a separate class or classes of units regulated by class rules pertaining to that class fund.

Class Fund means the amount of seventeen million, five hundred thousand dollars ($17,500,000) to be paid by the City for all Class Member claims, the service award to the Class Representative, Administrative Costs, and Class Counsel’s own past, present, and future fees and costs. The Class Fund is subject to increase in the event the return rate is higher than 40% as set forth below in paragraph 48 and is subject to reversion to the City of New York in the event the return rate is lower than 20% as set forth below in paragraph 48.

Class Fund means the Net Settlement Fund less the amounts paid for the Attorneys’ Fee Award and the Incentive Awards.

Class Fund means the maximum amount to be paid by the City for all Class Member claims, the service award to the Class Representative, Administrative Costs, and Class Counsel’s own past, present, and future fees and costs. That maximum amount shall not exceed $92.5 million.

Class Fund means a Fund that is a Class of Norrep Opportunities or of Norrep Core Portfolios.

Class Fund means the $3,200,000.00 (Three Million Two Hundred Thousand Dollars) that the City shall pay on the Effective Date to the Claims Administrator, less any money advance to the Claims Administrator. This amount shall be used to pay all claims by the Class Members, all attorney’s fees and costs, and all Administrative Costs, in satisfaction of all claims of Class Members. Any money not so claimed shall be handled in accordance with Paragraph 47.