Class Settlement Amount shall have the meaning set forth in § 7.1.1.
Class Settlement Amount means CAD $50,000,000 to be contributed to the Securities Claimant Trust by CannTrust pursuant to the Plan, together with the cash contributions of any other Additional Settlement Parties (as defined in the Plan) pursuant to the applicable Additional RSA (as defined in the Plan), plus any accrued interest;
Class Settlement Amount means the total payment to be made to the Class Settlement Fund by the Defendants out of the Aggregate Settlement Amount, or such lesser amount as may be agreed pursuant to Section 3.3, as determined by Section 3.1.4.
Examples of Class Settlement Amount in a sentence
No distribution of part, or all, of the Class Settlement Amount shall be made from the Qualified Settlement Fund until the Final Approval Order is Final, and the Escrow Agent has received: (a) a notice by Class Counsel and Defense Counsel, directing that the Class Settlement Amount be disbursed and designating the appropriate recipient(s); or (b) a Court Order, directing that the Class Settlement Amount be disbursed and designating the appropriate recipient(s).
More Definitions of Class Settlement Amount
Class Settlement Amount shall consist of Ascension Health’s $29,500,000 Plan Benefit Guarantee, as defined in §§ 7.1.2, 7.1.3, and 7.1.4.
Class Settlement Amount means Fourteen Million United States Dollars ($14,000,000.00), paid by or on behalf of the Defendant in connection with this Agreement.
Class Settlement Amount means up to nine million five hundred thousand dollars ($9,500,000.00), which shall be the maximum amount of money that Walmart will be obligated to pay under this Settlement, as provided for in this Agreement. Under no circumstances shall Walmart be obligated to pay more than the Class Settlement Amount in connection with this Settlement.
Class Settlement Amount means the amount of money that Walmart is obligated to pay pursuant to this Settlement, which shall consist of a total payment of Thirty-Five Million Dollars ($35,000,000), as described more fully in Section 5.1 of this Agreement.
Class Settlement Amount is defined in Section 8.2 below.
Class Settlement Amount means the Class Settlement Amount of Two Million Two
Class Settlement Amount means the Settlement Amount less the Provincial Health Insurers Settlement Amount, and is inclusive of all interest, taxes, costs, Class Counsel Legal Fees, and Claims Administration Costs;