Gross Individual Settlement Payment definition

Gross Individual Settlement Payment means the gross amount of the Maximum Settlement Distribution Amount each Class Member will be paid. The sum of these Gross Individual Settlement Payments to individual Class Members shall constitute the “Class Settlement Payment.”
Gross Individual Settlement Payment means the Settlement amount for each
Gross Individual Settlement Payment means the gross amount of the 26 Maximum Settlement Distribution Amount each Class Member will be paid. The sum of these 27 Gross Individual Settlement Payments to individual Class Members shall constitute the “Class 28 Settlement Payment.” A PR O F E S SI O N AL C OR P OR A T I ON

Examples of Gross Individual Settlement Payment in a sentence

  • No later than fifteen (15) calendar days after the Final Effective Date, the Claims Administrator will prepare and provide counsel for Defendant and Class Counsel with a report summarizing the total Participating Class Members and the Gross Individual Settlement Payment for each Participating Class Member on that list.

  • Within thirty (30) calendar days after the Claims Administrator mails out the Notice Materials, the Claim Administrator will mail out mutually acceptable reminder postcards to Class Members reminding them of their right to submit a Claim Form, exclude themselves from the settlement, object to the settlement, or dispute the Defendant’s employment records used to determine the Class Members’ Gross Individual Settlement Payment.

  • The Class Notice mailed to the Class Members will include the Class Member’s estimated Gross Individual Settlement Payment and number of workweeks, as well as whether a Class Member was part of the Altamirano v.

  • The Gross Individual Settlement Payment to Participating Class Members will not result in any additional benefit payments beyond those provided by this Agreement to Plaintiff and Participating Class Members.

  • The Gross Individual Settlement Payment to Participating Class Members will not result in any additional benefit payments beyond those provided by this Agreement to Plaintiff and Participating Class Members.Participating Class Members will be deemed to have waived all such claims for benefits premised upon the Gross Individual Settlement Payments to them, whether known or unknown by them, as part of their Released Claims under this Agreement.

  • The Class Notice mailed to the Class Members will include the Class 24 Member’s estimated Gross Individual Settlement Payment and the dates of his or her performance of 25 work through SRS on Interstate projects during the Covered Period.


More Definitions of Gross Individual Settlement Payment

Gross Individual Settlement Payment means the gross amount of the Maximum
Gross Individual Settlement Payment means the settlement amount
Gross Individual Settlement Payment means the total Settlement amount for each individual Class Member resulting from the calculations set forth herein for the complete settlement and release of any and all non-PAGA claim.

Related to Gross Individual Settlement Payment

  • Individual Settlement Payment means the amount payable from the Net

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Gross Settlement Amount means the sum of fourteen million dollars ($14,000,000), contributed to the Qualified Settlement Fund in accordance with Article 5. The Gross Settlement Amount shall be the full and sole monetary payment to the Settlement Class, Plaintiffs, and Class Counsel made on behalf of Defendant in connection with the Settlement effectuated through this Settlement Agreement. Defendant and its insurers will make no additional payment in connection with the Settlement of the Class Action.

  • Structured settlement payment rights means rights to receive periodic payments under a structured settlement, whether from the structured settlement obligor or the annuity issuer, where:

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • 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.

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

  • Adjustment Payment means, in respect of any Security, the payment (if any) determined by the Determination Agent as is required in order to reduce or eliminate, to the extent reasonably practicable, any transfer of economic value to or from the Issuer as a result of the replacement of the Index by the Alternative Pre-nominated Index. The Determination Agent may determine that the Adjustment Payment is zero.

  • Viatical settlement broker means a person, including a life insurance producer as provided for in section 508E.3, who, working exclusively on behalf of a viator and for a fee, commission, or other valuable consideration, offers or attempts to negotiate viatical settlement contracts between a viator and one or more viatical settlement providers or one or more viatical settlement brokers. Notwithstanding the manner in which the viatical settlement broker is compensated, a viatical settlement broker is deemed to represent only the viator, and not the insurer or the viatical settlement provider, and owes a fiduciary duty to the viator to act according to the viator’s instructions and in the best interest of the viator. “Viatical settlement broker” does not include an attorney, certified public accountant, or a financial planner accredited by a nationally recognized accreditation agency who is retained to represent the viator and whose compensation is not paid directly or indirectly by the viatical settlement provider or purchaser.

  • Structured settlement annuity means an annuity purchased in order to fund periodic payments for a plaintiff or other claimant in payment for or with respect to personal injury suffered by the plaintiff or other claimant.

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Settlement Amount has the meaning specified in Section 14.02(a)(iv).