Gross Fund Value definition

Gross Fund Value means the non-reversionary payment of Two Hundred and
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Gross Fund Value refers to the maximum settlement payment the Defendants shall provide in this settlement, which is $12,250,000.00. This sum shall include all Individual Settlement Payments, the Court-approved Fee Award, Incentive Payments, and all Settlement Administration Expenses.
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Gross Fund Value refers to the maximum settlement payment the City shall provide in this settlement, which is $4,720,000.00. This sum shall include all Individual Settlement Payments, the Court-approved Fee Award, and all Settlement Administration Expenses.
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Examples of Gross Fund Value in a sentence

  • Class Counsel will be seeking court approval for payment for its fees and litigation costs from the Gross Fund Value Amount.

  • The Class Counsel Payment ultimately approved by the Court shall be paid out of the Gross Fund Value.

  • Class Counsel will ask the Court to award attorneys’ fees up to one-third of the Gross Fund Value ($31,898,707) and reasonable litigation costs actually incurred, not to exceed $100,000.

  • The parties stipulate that beyond the Gross Fund Value, the City shall not owe any further monies to the Settlement Class Members based upon any claim that was alleged or that reasonably could have been alleged based on the facts alleged in the Action or in any complaint filed therein.

  • Class Counsel agrees to seek a fee of no more than 1/3 of the Gross Fund Value.


More Definitions of Gross Fund Value

Gross Fund Value. (also referred to herein as “GFV”) refers to the maximum settlement payment AAA NCNU may be obligated to make: Four Million Three Hundred Thousand Dollars Exactly ($4,300,000.00), of which One Million Three Hundred Thousand Dollars Exactly ($1,300,000.00) shall be allocated to settlement of the claims brought by Cozz’s Auto Body & Service Inc. and the Breach of Contract Class, and Three Million Dollars Exactly ($3,000,000.00) of which shall be allocated to settlement of the claims brought by Xxxxxx Xxxxxxxxxx, Xxxx Xxxxxxxxxx, Xxxxxxx Xxxxxxxxxx, Xx., and the 17200 Class. The GFV shall include all payments made to Breach of Contract Class Members, 17200 Class Members, attorneys’ fees and costs, Settlement Administration Costs, employer payroll taxes, interest and Incentive Awards to the Plaintiffs.
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Gross Fund Value or “GFV” means the aggregate amount of THREE
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Gross Fund Value means the amount of Seven Hundred and Fifty Thousand
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Gross Fund Value means the non-reversionary payment of Nine Hundred and Fifty
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Gross Fund Value means the agreed upon settlement amount totaling $275,000.00 to be
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Gross Fund Value means the non-reversionary payment of Three Million Eight
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Gross Fund Value means $425,000, the total settlement value for all damages,
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