Class Representative Payments definition

Class Representative Payments means any awards approved by the Court that are payable to the Plaintiffs to compensate them for their efforts in bringing the Actions and/or
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Class Representative Payments means the incentive payments made to Plaintiffs in their respective capacities as “Class Representatives” to compensate them for initiating the Action and performing work in support of the Action.
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Class Representative Payments mean the special payments of up to $10,000 made to Plaintiff Xxxxx Xxxxxxxx and up to $5,000, each, to Plaintiffs/Class Representatives Xxxxxxx Xxxx, and Xxxxxxx Xxxxxxxx to compensate them for initiating the Lawsuit, performing work in support of the Lawsuit, and undertaking the risk of liability for attorneys’ fees and expenses in the event they were unsuccessful in the prosecution of the Lawsuit. Defendant will not object to any request for such payment, provided that such payment is paid out of the Gross Settlement Amount.
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Examples of Class Representative Payments in a sentence

  • The motions for attorneys’ fees, costs, Class Representative Payments and the Service Payment will be posted on the settlement website on or before approximately March 27, 2022.

  • If awarded by the Court, the Class Representative Payments will be paid out of the Total Settlement Amount.

  • The Net Settlement Amount means the Total Settlement Amount minus deductions for the Class Representative Payments, the Service Payment, the Attorneys’ Fees, the Litigation Costs, the Settlement Administration Costs, and the PAGA Settlement Amount.

  • The Total Settlement Amount will include all amounts paid for the Class Representative Payments to Class Representatives; the Service Payment to Plaintiff Amanda Frlekin; the Attorneys’ Fees; the Litigation Costs; the Settlement Administration Costs; the PAGA Settlement Amount to resolve the claim for civil penalties; and the Individual Class Payments to Participating Settlement Class Members.

  • The Court will also be asked to approve the requests for the Class Representative Payments, the Service Payment, the Attorneys’ Fees, the Litigation Costs, the PAGA Settlement Amount, and the Settlement Administration Costs.

  • The Claims Administrator shall add to the Settlement Website all other material settlement-related filings, including Plaintiffs’ application for attorneys’ fees and expenses and Class Representative Payments, the memorandum in support of the motion for final approval, and any orders with respect to such application and motions.

  • If awarded by the Court, the Class Representative Payments will be paid out of the Settlement Amount.

  • In addition to the amounts determined to be due to Plaintiffs as Class Members under this Settlement Agreement, the Class Representatives/Plaintiffs will apply to the Court for Class Representative Payments, to be paid out of the Gross Settlement Amount.

  • Defendant will issue the checks payable to Representative Plaintiffs for their Individual Payments and Class Representative Payments, and a checks payable to each Plaintiffs’ Counsel for the attorneys’ and expenses, in two equal installments, and mail them directly to Plaintiffs’ Counsel via First-Class Mail on April 1, 2016 and July 1, 2016.

  • The Individual Payments, after deduction of the Class Representative Payments and Class Counsel’s attorneys’ fees and expenses from the Total Eligible Settlement Amount, were calculated by Class Counsel and approved by Defendants’ Counsel, and are based proportionally on Representative Plaintiffs’, Existing Opt-In Party Plaintiffs’, and each Eligible Settlement Participant’s alleged overtime damages during the Calculation Period.


More Definitions of Class Representative Payments

Class Representative Payments means the incentive awards made to
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Class Representative Payments means payments to Named Plaintiff for services to
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Class Representative Payments means the special payments made to Rutti, Furtado, and Xxxxxxxx in their capacities as Class Representatives to compensate them for initiating Rutti II, performing work in support of Rutti II, and undertaking the risk of liability for attorneys’ fees and expenses in the event they were unsuccessful in the prosecution of Rutti II.
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Class Representative Payments. The Class Representatives will seek special payments for their service in bringing this lawsuit on behalf of the Class Members. The total amount in service payments they seek is $15,000, to be distributed among the Class Representatives as follows: $10,000.00 to Xxxxxxx Xxxxxxx Xxxxxx; and $5,000.00 to Xxxx Xxxxxxxxx. The Class Representatives receive these special payments because of their involvement in the Lawsuit, particularly the time they each spent sitting for depositions and/or attending the mediation sessions.
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Class Representative Payments means the special payment made to each Plaintiff in her capacity as Class Representative to compensate her for initiating and pursuing the Action, undertaking the risk of liability for attorneys’ fees and expenses in the event she was unsuccessful in the prosecution of the Action, and granting the general release under the Settlement.
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Class Representative Payments means the enhancement award
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Related to Class Representative Payments

  • Class Representative Service Payment means the payment to the Class Representative for initiating the Action and providing services in support of the Action.

  • Class Representative means Plaintiff.

  • Class Representatives means Xxxx X. Xxxxx, Xxxxxx X. Xxxxxx, Xxxxxxx X. Xxxxxx, Xxxxxxxx X. Xxxxx, Xxxxxx X. Xxxxxx, Xxxxxxx X. Xxxxxx, Xxxxxxx X. Xxxxxxx, and Xxxx Xxxxx.

  • Settlement Class Representatives means Plaintiffs Xxxxxxxxx Xxxxxxxxx, Xxxxxxx Xxxxxxx, and Xxxxxxxx Xxxxxxx.

  • Non-Lead Securitization Subordinate Class Representative means the holders of the majority of the class of securities issued in a Non-Lead Securitization designated as the “controlling class” pursuant to the related Non-Lead Securitization Servicing Agreement or their duly appointed representative; provided that if 50% or more of the class of securities issued in any Non-Lead Securitization designated as the “controlling class” or such other class(es) otherwise assigned the rights to exercise the rights of the “Controlling Noteholder” is held by the Mortgage Loan Borrower or an Affiliate of the Mortgage Loan Borrower, no person shall be entitled to exercise the rights of the related Non-Lead Securitization Subordinate Class Representative.

  • Lead Securitization Subordinate Class Representative means the “Controlling Class Representative” as defined in the Lead Securitization Servicing Agreement or such other analogous term used in the Lead Securitization Servicing Agreement.

  • Lead Securitization Controlling Class Representative means the “Controlling Class Representative” as defined in the Lead Securitization Servicing Agreement.

  • Controlling Class Representative shall have the meaning assigned to the term “Directing Certificateholder” in the Lead Securitization Servicing Agreement.

  • Non-Lead Securitization Noteholder Representative shall have the meaning assigned to such term in the definition of “Non-Lead Securitization Noteholder”.

  • Class A Noteholders’ Principal Distribution Amount means, for any distribution date, the Principal Distribution Amount times the Class A Percentage for that distribution date, plus any Class A Note Principal Shortfall as of the close of business on the preceding distribution date; provided that the Class A Noteholders’ Principal Distribution Amount will not exceed the outstanding principal balance of the class A notes, less all amounts, other than investment earnings, on deposit in the accumulation account.In addition, on the maturity date for any class of class A notes, the principal required to be distributed to the related noteholders will include the amount required to reduce the outstanding principal balance of that class to zero.

  • Lead Securitization Directing Certificateholder means the “Directing Certificateholder” as defined in the Lead Securitization Servicing Agreement.

  • Certificateholders' Principal Distributable Amount means, with respect to any Distribution Date, an amount equal to zero until the outstanding principal amount of each Class of Notes has been reduced to zero, and thereafter, an amount equal to the Principal Distribution Amount (as reduced by the Noteholders’ Principal Distributable Amount, if any for such Distribution Date) for such Distribution Date.

  • Class B Noteholders’ Principal Distribution Amount means, for any distribution date, the Principal Distribution Amount times the Class B Percentage for that distribution date, plus any Class B Note Principal Shortfall as of the close of business on the preceding distribution date; provided that the Class B Noteholders’ Principal Distribution Amount will not exceed the principal balance of the class B notes.In addition, on the class B maturity date, the principal required to be distributed to the class B noteholders will include the amount required to reduce the outstanding principal balance of the class B notes to zero.

  • Controlling Noteholder Representative shall have the meaning assigned to such term in Section 6(a).

  • Class A Noteholders’ Interest Distribution Amount means, for any distribution date, the sum of: • the amount of interest accrued at the class A note interest rates for the related accrual period on the aggregate outstanding principal balances of all classes of class A notes on the immediately preceding distribution date, after giving effect to all principal distributions to class A noteholders on that preceding distribution date; and • the Class A Note Interest Shortfall for that distribution date.

  • Non-Lead Securitization Determination Date means the “determination date” (or any term substantially similar thereto) as defined in the related Non-Lead Securitization Servicing Agreement.

  • Class A Noteholders’ Distribution Amount means, for any distribution date, the sum of the Class A Noteholders’ Interest Distribution Amount and the Class A Noteholders’ Principal Distribution Amount for that distribution date.

  • Serviced Pari Passu Companion Loan Holder A holder of a Serviced Pari Passu Companion Loan.

  • Noteholders’ Principal Distributable Amount means, with respect to any Distribution Date, (other than the Final Scheduled Distribution Date for any Class of Notes), the sum of the Principal Distributable Amount for such Distribution Date and the Noteholders’ Principal Carryover Amount, if any, as of the close of business on the preceding Distribution Date. The Noteholders’ Principal Distributable Amount on the Final Scheduled Distribution Date for any Class of Notes will equal the sum of (i) the Principal Distributable Amount for such Distribution Date, (ii) the Noteholders’ Principal Carryover Amount as of such Distribution Date, and (iii) the excess of the outstanding principal amount of such Class of Notes, if any, over the amounts described in clauses (i) and (ii).

  • Reasonable payment means, with respect to professional and other technical services, a payment in an amount that is consistent with the amount normally paid for such services in the private sector.

  • Class B Noteholders’ Interest Distribution Amount means, for any distribution date, the sum of: • the amount of interest accrued at the class B note rate for the related accrual period on the outstanding principal balance of the class B notes on the immediately preceding distribution date, after giving effect to all principal distributions to class B noteholders on that preceding distribution date, and • the Class B Note Interest Shortfall for that distribution date.

  • Aggregate Noteholders’ Principal Distributable Amount With respect to any Distribution Date, the sum of (i) the Noteholders’ Regular Principal Distributable Amount as of such Distribution Date and (ii) the Aggregate Noteholders’ Priority Principal Distributable Amount as of such Distribution Date.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Companion Loan Holder Representative With respect to each Serviced Companion Loan, any representative appointed by the related Companion Loan Holder.

  • Class B Noteholders’ Distribution Amount means, for any distribution date, the sum of the Class B Noteholders’ Interest Distribution Amount and the Class B Noteholders’ Principal Distribution Amount for that distribution date.