Each Participating Class Member definition

Each Participating Class Member. An Individual Class Payment calculated by: (a) dividing the Net Settlement Amount by the total number of Workweeks worked by all Participating Class Members during the Class Period; and (b) multiplying the result by each Participating Class Member’s Workweeks during the Class Period.
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Examples of Each Participating Class Member in a sentence

  • Each Participating Class Member will receive a pro-rata portion of the Net Settlement Amount.

  • Each Participating Class Member will receive a proportionate share of the Net Settlement Amount that is equal to: (i) the number of weeks he or she worked during the Class Period based on the Class List provided by Defendant, divided by (ii) the total number of weeks worked by any and all Participating Class Members collectively, during the Class Period based on the same Class List, which is then multiplied by the Net Settlement Amount.

  • Each Participating Class Member will be entitled, provisionally, to a share or shares of the Net Settlement Amount.

  • Each Participating Class Member will assume any tax obligations or consequences that may arise from any settlement amount paid to him or her and should consult with a tax expert if he or she has any questions.

  • Each Participating Class Member will receive a proportionate share of the Net Settlement Amount that is equal to (i) the number of weeks he or she worked as a Class Member during the Class Period based on the Class data provided by Defendant, divided by (ii) the total number of weeks worked by any and all Class Members during the Class Period based on the same Class data, which is then multiplied by the Net Settlement Amount.

  • Each Participating Class Member will receive an equal pro-rata portion of the Net Settlement Amount.

  • Each Participating Class Member will be bound for purposes of the Settlement in this Action by the releases set forth in this Settlement.

  • Each Participating Class Member will be allocated a portion of the Net Settlement Fund regardless of whether he/she (A) obtained RTC treatment funded from some other source, such as out-of-pocket expenditures, or (B) did not obtain RTC treatment believing it was not covered.

  • Each Participating Class Member will receive a monetary award as outlined below.

  • Each Participating Class Member is responsible for appropriately reporting the proceeds received as a result of this Settlement on his/her taxes, and agrees to hold the Released Parties harmless with respect to any dispute arising from or related to such reporting.

Related to Each Participating Class Member

  • Participating Class Member means a Class Member who does not submit a valid and timely Request for Exclusion from the Settlement.

  • Participating Class Members means all Class Members who do not submit valid

  • Non-Participating Class Member means any Class Member who opts out of the Settlement by sending the Administrator a valid and timely Request for Exclusion.

  • participating class means a class of shares title to which is permitted by an Operator to be transferred by means of a relevant system;

  • Class Member means a member of the Class.

  • Class Members means all individuals in the Settlement Class, including the Class Representatives.

  • Settlement Class Member means each person and entity who or which is a member of the Settlement Class.

  • Settlement Class Members means any member of the Settlement Class.

  • Controlling Class Certificateholder Each Holder (or Certificate Owner, if applicable) of a Certificate of the Controlling Class as determined by the Certificate Administrator from time to time.

  • Participating member means a member who is required to make mandatory contributions by the applicable retirement act to his or her health reimbursement account.

  • Faculty member means any person hired by the college or District to conduct classroom or teaching activities or who is otherwise considered by the college to be a member of faculty.

  • Rights Offering Participants means those Persons who duly subscribe for Rights Offering Shares in accordance with the Rights Offering Procedures.

  • Controlling Class means (a) the Outstanding Class A Notes, (b) if no Class A Notes are Outstanding, the Outstanding Class B Notes and (c) if no Class B Notes are Outstanding, the Outstanding Class C Notes.

  • Released Class Claims means the claims being released as described in Paragraph 6.2 below.

  • Participating Interest is defined in Section 1.2(d) hereof.

  • Class Counsel means Xxxxxx X. Xxxxxx of Xxxxxx Xxxxxx Xxxxxx LLP, Xxxx Xxxxxx Xxxxxxxxxx of Xxxxxx Xxxxxxxx LLP, and Xxxxx X. Xxxxxxxxxx of Hausfeld LLP.

  • Alternate member means a person who is qualified under Iowa Code section 148.2A to substitute for a board member who is disqualified or becomes unavailable for any other reason for a contested case hearing. An alternate board member is deemed a member of the board only for the hearing panel(s) for which the alternate board member serves.

  • Withdrawn Member means a Member whose interest in the Company has been terminated for any reason, including the occurrence of an event specified in Section 6.2, and shall include, unless the context requires otherwise, the estate or legal representatives of any such Member.

  • Settlement Class Counsel means the law firm of Xxxxxx Xxxxxx Xxxxx Xxxxxxx LLP.

  • Non-Participating Orthotic Provider means an Orthotic Provider who does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Lower Tier Participant refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Non-Lead Sponsor means the Note A-2 Holder in its capacity as the sponsor with respect to the Non-Lead Securitization Note in connection with the Non-Lead Securitization.

  • Election judge means a poll worker that is assigned to:

  • Class ___ Certificate Any Certificate executed and authenticated by the Trustee or the Authenticating Agent on behalf of the Depositor in substantially the form set forth in Exhibit ___ hereto. The Class __ Certificates have no Pass-Through Rate or Certificate Balance.

  • Participating Dentist means any Dentist who, at the time of rendering a Covered Dental Service to the Member, has a written agreement with CareFirst BlueChoice or the Dental Plan for the rendering of such service.

  • Study Participant means a person recruited to participate in the Study.