Settlement Funds means Standard Settlement Funds and Maximizing Settlement Funds.
Settlement Fund means the Settlement Amount plus any and all interest earned thereon.
Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.
Net Settlement Fund means the Settlement Fund less: (i) Court-awarded attorneys’ fees and expenses; (ii) Notice and Administration Expenses; (iii) Taxes; and (iv) any other fees or expenses approved by the Court.
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.
Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).
CCASS Settlement Day means the term “Settlement Day” as defined in the General Rules of CCASS.
Escrow Fund means the escrow fund established pursuant to the Escrow Agreement.
Seller Account shall have the meaning set forth in the preamble of this Agreement.
Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.