Global Settlement Fund definition

Global Settlement Fund means the Global Settlement Amount plus any interest earned thereon after payment thereof by Crompton into the Escrow Account.
Sample 1Sample 2
Global Settlement Fund means the maximum amount of $5,950,000, that Lyft shall pay, in its entirety, pursuant to this Settlement Agreement. The Global Settlement Fund is an “all in” number that shall be used for payment of all Claims, Claims Administration Expenses, Class Counsel Fees, Plaintiffs’ Litigation Expenses, Enhancement Payments, PAGA Payment, and all taxes arising from payments pursuant to this Agreement.
Sample 1
Global Settlement Fund means the gross settlement amount of Three Hundred Sixty-Two Thousand Five Hundred Dollars ($395,000.00). The Global Settlement Fund is the sole and maximum payment by the Defendant and includes (1) all Settlement Awards (defined below); (2) any Service Payment approved for Representative Plaintiff; and (3) all attorneys' fees and litigation expenses for Plaintiffs' Counsel (defined below) approved by the Court. The Global Settlement Fund does not include Defendant's required employer tax contributions on any portions of the Settlement Awards or Service Payment treated as wages under Internal Revenue Service (“IRS”) Form W-2. Defendant agrees to pay these tax contributions outside of the Global Settlement Fund. The Global Settlement Fund also does not include the costs of settlement administration which Defendant agrees to pay separately outside of the Global Settlement Fund.
Sample 1

Examples of Global Settlement Fund in a sentence

  • Seeking Health reserves the right to review and approve, in its sole discretion, Reseller’s use or intended use of the Seeking Health IP at any time, without limitation.

  • Class Plaintiffs and Crompton have agreed to appoint Xxxxxxx Xxxxxxxx to act as the Neutral for purposes of allocating the Global Settlement Fund among the three Affected Actions.

  • A payment into the Escrow Account shall, when made, be invested in instruments secured by the full faith and credit of the United States and any interest earned thereon shall become part of the Global Settlement Fund.

  • The $69 million settlement allocated to the ERISA Class from the Global Settlement Fund is not the outcome of typically challenging arms-length negotiations between the parties, and ERISA Counsel essentially concedes just this.

  • Each Settling Class Member shall look solely to the Global Settlement Fund, as allocated, for settlement and satisfaction of all claims released by the Releasors pursuant to Paragraph 54 hereof and the respective Implementing Settlement Agreements.

  • All Claims and Administration Expenses, as well as all applicable taxes and escrow fees, shall be paid out of the Global Settlement Fund.

  • This reflects the Global Contingency Fee Fund model’s current estimate of Texas’s subdivisions in the Global Contingency Fee Fund, and would be paid by the Global Settlement Fund Administrator into the Texas Qualified Settlement Fund over 7 Payment Years and allocated by the Texas Qualified Settlement Fund Administrator subject to Texas Consolidated Litigation Court jurisdiction.

  • Defendants will not object to Plaintiffs’ Counsel seeking an order from the Court directing payments to Plaintiffs’ Counsel from the Global Settlement Fund for: (a) attorneys’ fees in an amount not to exceed 33 1/3% of the Global Settlement Fund; and (b) reimbursement for reasonable costs and expenses actually expended by, or on behalf of, the Settlement Class including the cost of Settlement Administration.

  • By or on September 30, 2021, the Settling Distributors paid into the Global Settlement Fund Escrow the total amount of the base payment and Incentive Payment A for Texas (the amount specified in Exhibit G) for Payment Year 1.

  • The parties’ Amended Settlement Agreement includes the same key terms.The Amended Settlement Agreement includes an agreement by defendants to pay a maximum, total Global Settlement Fund of $1,800,000, to resolve this matter fully.


More Definitions of Global Settlement Fund

Global Settlement Fund means the gross settlement amount of One Hundred Ninety-Five Thousand Dollars and 00/100 cents ($195,000.00). The Global Settlement Fund shall be paid into a qualified settlement fund account established by the Settlement Administrator, and is the total amount of funds available in Settlement for: (a) payment to Settlement Class Members, including any Service Award for the Class Representative; (b) payment to Class Counsel for attorneys’ fees, expenses, and costs; and (c) payment for the Settlement Administrator’s fees and costs. Papa South will only be obligated to contribute to the Global Settlement Fund the aggregate amount of all Settlement Awards, attorneys’ fees, costs, expenses, and settlement administration costs payable under this Agreement.
Sample 1
Global Settlement Fund means the gross settlement amount of Five Million Dollars and 00/100 Cents ($5,000,000.00), which is the total amount of funds available in Settlement for: (1) payment to Settlement Class Members, including any Service Award for the Class Representatives, (2) payment to Class Counsel for attorneys’ fees, expenses, and costs, and
Sample 1
Global Settlement Fund means an amount not to exceed One Million, Eight Hundred Thousand Dollars and 00/100 cents ($1,800,000.00), which, except for the payment of mediator’s fees (discussed below), is the maximum, complete and total amount of funds Menorah is obligated to pay under this Settlement, and which includes: (1) payment to Settlement Class Members; (2) Class Representative Service Payments; (3) payment to Plaintiff Counsel for attorneys’ fees, expenses, and costs, and (4) payment for settlement administration costs. Other than Menorah’s payment of the Global Settlement Fund ($1,800,000.00), neither Menorah nor any of the other Defendants or the Released Parties (defined below) shall be called upon or required to contribute additional monies under any circumstances whatsoever.
Sample 1

Related to Global Settlement Fund

  • Gross Settlement Fund means the Settlement Amount plus all interest earned thereon.

  • Net Settlement Fund means the Settlement Fund, plus accrued interest, less any award of attorneys’ fees or reimbursement of expenses and less applicable taxes, tax preparation expenses, and costs of notice and administration, that may be awarded or approved by the Court.

  • Physical Settlement Amount For any Settlement Date for which Physical Settlement is applicable, an amount in cash equal to the product of (a) the Forward Price in effect on the relevant Settlement Date multiplied by (b) the Settlement Shares for such Settlement Date.

  • Qualified Settlement Fund or “Settlement Fund” means the interest-bearing, settlement fund account to be established and maintained by the Escrow Agent in accordance with Article 5 herein and referred to as the Qualified Settlement Fund (within the meaning of Treas. Reg. § 1.468B-1).

  • Settlement Fund means the Settlement Amount plus any and all interest earned thereon.

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • Physical Settlement shall have the meaning specified in Section 14.02(a).

  • Purchase Contract Settlement Fund has the meaning specified in Section 5.5.

  • Global Securities means a Security or Securities, as the case may be, in the form established pursuant to Section 2.2 evidencing all or part of a Series of Securities, issued to the Depository for such Series or its nominee, and registered in the name of such Depository or nominee.

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • CDS Global Warrants means Warrants representing all or a portion of the aggregate number of Warrants issued in the name of the Depository represented by an Uncertificated Warrant, or if requested by the Depository or the Corporation, by a Warrant Certificate;

  • Physical Settlement Date means the date (which may occur after the Scheduled Maturity Date) specified as such in the Intended Physical Settlement Notice falling 10 Business Days after the date of the Intended Physical Settlement Notice.

  • Settlement Funds means moneys allocated to this state from the environmental mitigation trust specified in par. (d) and received by the state from the trustee.

  • IAI Global Note means a Global Note substantially in the form of Exhibit A1 hereto bearing the Global Note Legend and the Private Placement Legend and deposited with or on behalf of and registered in the name of the Depositary or its nominee that will be issued in a denomination equal to the outstanding principal amount of the Notes sold to Institutional Accredited Investors.

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

  • Unrestricted Global Security means a Global Security that is not a Restricted Security.

  • Registered Global Note means a Global Note, if issued by TCCI, being in the form or substantially in the form set out in Schedule 1 to the TCCI Note Agency Agreement (or in such other form as may be agreed between TCCI, the TCCI Registrar, the TCCI Transfer Agent and the relevant Purchaser(s)), or if issued by TMCC, being in the form or substantially in the form set out in Schedule 1 to the TMCC Note Agency Agreement (or such other form as may be agreed between TMCC, the TMCC Registrar, the TMCC Transfer Agent and the relevant Purchaser(s));

  • CCASS Settlement Day means the term “Settlement Day” as defined in the General Rules of CCASS.

  • Individual Settlement Payment means the amount payable from the Net

  • Global Warrant means a Warrant in the form of a permanent global Warrant Certificate, in definitive, fully registered form.

  • Call Settlement Date means the fifth Business Day following the last Index Business Day in the Call Measurement Period.

  • TARGET2 Settlement Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System is open.

  • 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;

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Restricted Global Security As defined in Section 3.01(c).

  • Regulation S Global Securities Appendix A