Distributable Settlement Amount definition

Distributable Settlement Amount shall have the meaning ascribed to it in Section 3.2(a).
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Distributable Settlement Amount shall have the meaning set forth in Section 4.2(a).
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Distributable Settlement Amount shall be the amount described in Section 4.2(a).
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Examples of Distributable Settlement Amount in a sentence

  • Class Members’ awards falling below $10.00 will be progressively increased to $10 from the Distributable Settlement Amount and the Distributable Settlement Amount will be re-allocated until the lowest participating Class Member’s award is $10.00.

  • If the aggregate of the Adjusted Allocation amounts owed the Former Participants and Inactive Participants exceeds the Distributable Settlement Amount, their Adjusted Allocations shall be reduced pro rata, except that in no event shall their Adjusted Allocations be reduced to less than $10.00.

  • The Settlement Administrator will make payments from the Distributable Settlement Amount on behalf of each Settlement Class Member.

  • If the Second Distributable Amount exceeds $100,000, the Settlement Administrator shall allocate each Class Member a share of the Second Distributable Settlement Amount in proportion to that participant’s Entitlement Amount.

  • First, 7 the pro rata ratio will be calculated by dividing the Distributable Settlement Amount 8 by the sum of all typical negotiation adjustments and Negative Condition 9 Adjustments applied to all claims of all Settlement Class Members.

  • Output items were restricted by year, language, and geography to produce articles from 2ooo onwards, published in either English or French, and based in Canada only.Given the breadth of the topic, output from the primary search was substantive (2344 articles identified before removing duplicate results).

  • For example, appropriate policies for enhancing the value of the “green attributes” of renewable energy should also be explored.

  • CREF Stock Entitlement Percentage x (.20 x Distributable Settlement Amount) = CREF Stock Preliminary Entitlement Amount TIAA Real Estate Account Claim STEP 1: The Settlement Administrator shall obtain the year end account balances in the TIAA Real Estate Account for every Monetary Relief Class Member for the Plan Years.

  • Collections for the November 2013 Collection Period$450,066.35iii.

  • The Settlement Administrator shall calculate the Per Quarter Payment by dividing the Distributable Settlement Amount by the total number of quarters that all Settlement Class Members participated in the Plan.


More Definitions of Distributable Settlement Amount

Distributable Settlement Amount means the money remaining in the Settlement Fund after the Settlement Administrator (1) withdraws and pays Class Counsel’s Attorneys’ Fees and Expenses approved by the Court, Administration Costs (including an estimated provision for the costs of the distribution to Class Members and other post-distribution related Administration Costs, as proposed by the Settlement Administrator and approved by Class Counsel and Defendants’ Counsel as reasonable), Independent Fiduciary Fees and Costs, Case Contribution Awards approved by the Court, and Taxes and Tax-Related Costs, and (2) holds back at least $150,000 for the Second Distribution;
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Related to Distributable Settlement Amount

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

  • Early Settlement Amount has the meaning specified in Section 5.9(a).

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist of:

  • Gross Settlement Amount means $633,000.00 which is the total amount Defendant agrees to pay under the Settlement except as provided in Paragraph 9 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Cash Settlement Date means, for each Financially Settled Futures Transaction, the Business Day determined by Exchange from time to time in accordance with industry practice for such Transaction, as posted on Exchange’s Website not less than one month prior to the occurrence of such date, other than Invoices issued as a result of a Contracting Party’s Default or under the Close- out Procedure which amounts require payment immediately;

  • Settlement Amount means, with respect to a party and any Early Termination Date, the sum of: --

  • Principal Distribution Amount For any Distribution Date, the sum of (i) the Basic Principal Distribution Amount for such Distribution Date and (ii) the Extra Principal Distribution Amount for such Distribution Date.