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.
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 amount available to pay claims submitted by Valid Claimants after deduction from the Settlement Fund of the Subclass Fund.
Examples of Class Fund in a sentence
The remaining amounts after minimum payments from the class fund will be allocated to individual Settlement Class Members pro rata by dividing each Settlement Class Member’s total wages paid by Xxxxxx’x during the Settlement Class Period by the total aggregate wages paid to all Settlement Class Members and then multiplying the resulting ratio by the remaining amounts in the Class Fund.
More Definitions of Class Fund
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.
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 Service Award, Settlement Administration Expenses Award, and Attorney’s Fees and Costs Award 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 Four Hundred, Ninety Seven Thousand, Five Hundred Dollars ($497,500).
Class Fund means the aggregate, gross amount the Parties propose be paid to the Settlement Class as Settlement Awards pursuant to this Settlement. Subject to approval by the Superior Court, the aggregate, gross amount paid to the Settlement Class as part of the Settlement of this Case shall be Seventy-Nine Thousand, Four Hundred Ninety-Seven Dollars and Forty-Eight Cents ($79,497.48).
Class Fund means a Fund that is a Class of Norrep Opportunities or of Norrep Core Portfolios.
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 Net Settlement Fund less the amounts paid for the Attorneys’ Fee Award and the Incentive Awards.
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.