Common Fund definition

Common Fund means a common fund established under section 19.1
Common Fund means the Qualified Settlement Fund described in Section II.A.
Common Fund means the money contributed by the Owners to pay for all ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .

Examples of Common Fund in a sentence

  • Any payment of untimely claims shall be made out of any amount then remaining in the Common Fund (including funds remaining due to the failure of claimants to timely cash their checks).

  • After all payments pursuant to paragraphs 67(a)- 67(d) are made, to the extent the Administrator determines that any funds remaining in the Common Fund are administratively infeasible and unreasonable to redistribute, the Parties will ask the Court that any funds remaining in the Common Fund be donated to a qualified charity agreed to by the Parties.

  • Depending on the timing of such untimely claims and the funds then available, untimely claimants who have established “good cause” may not receive any payment, may receive a pro-rata share of their Common Fund amount remaining in the Class Fund, and may not be entitled to payment from an additional Out-of-Pocket Expense Documentation Submission and/or a Miscellaneous Harm Submission.

  • Subject to the terms and conditions of this Agreement, Aetna agrees to pay Dollars for Benefits Payments, the Common Fund, payments for valid Proof of Greater Covered Care submissions, Administrative Costs, Class Representative Service Awards, and Attorneys' Fees and Costs as determined by the Court.

  • The Administrator will apply for a tax ID number, if necessary, and take all necessary steps for the timely creation of the Common Fund, to be held in a QSF bank account.


More Definitions of Common Fund

Common Fund means a qualified settlement fund (QSF) formed solely for purposes of effectuating this Agreement.
Common Fund means the Common Fund authorized to be established and kept in the books of the Trusts Corporation pursuant to sub-section (1) of section fourteen A;
Common Fund means the 39.55 million dollars ($39,550,000) set aside as part of the Settlement Consideration.
Common Fund means the Common Fund provided for in section 19;
Common Fund means the interest-bearing account established by Plaintiffs’ Counsel for deposit of the Settlement Payment as the Remaining Settling Defendants’ consideration for the Partial Settlement.
Common Fund or “Settlement Fund” means the Two-Million-Four- Hundred-Fifty-Thousand Dollars ($2,450,000.00) that is discussed further in Sections 3.1 and 3.2 below.
Common Fund is the Present Value of the PERS pension benefits conferred 15 upon Class Members as a result of Class Counsel’s efforts.