Gross Settlement Sum definition

Gross Settlement Sum means the total settlement amount to be paid
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Gross Settlement Sum means the total amount of Seven Hundred and Fifty
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Gross Settlement Sum means the total amount of $2,250,000.00 to be paid by
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Examples of Gross Settlement Sum in a sentence

  • Twenty (20) calendar days after the Final Effective Date, Defendants shall remit the Gross Settlement Sum to the Settlement Administrator for distribution.

  • Subject to the terms of the Final Approval Order and the conditions specified in this Agreement, and in consideration of the mutual covenants and promises set forth herein, Defendants agree to pay the maximum amount of three million dollars ($3,000,000.00) (i.e., the Gross Settlement Sum or GSS).

  • Defendants agree not to oppose any fee application for an amount up to and including one-third of the Gross Settlement Sum, but reserve the right to object to any fee application in excess of that amount.

  • Under no circumstances shall Defendants or any Released Party be responsible for the payment of Settlement Expenses other than the amounts paid to the Settlement Administrator from the Gross Settlement Sum.

  • The Named Plaintiffs’ Settlement Payments shall be taken exclusively from and be deducted from the Gross Settlement Sum and include a gross amount of three-thousand five-hundred dollars ($3,500.00) to be paid out to Plaintiffs Xxxxxx and Xxxxxxxx as follows: two-thousand five-hundred dollars ($2,500.00) to be paid to Plaintiff Xxxxxxxx, and one-thousand dollars ($1,000.00) to be paid to Plaintiff Xxxxxx.

  • The Service Payment shall include a gross amount of two-thousand dollars ($2,000.00) to be paid out to Plaintiff Xxxxxx and shall be taken exclusively from and be deducted from the Gross Settlement Sum.

  • The Gross Settlement Amount is the maximum amount that Defendant will be obligated to pay under this Stipulation, and under no circumstances shall Defendant be obligated to pay any more than the Gross Settlement Sum, unless otherwise provided for in this Settlement Agreement.

  • Defendants have no additional liability for Plaintiffs' attorneys’ fees or costs of Class Counsel or any other counsel representing Plaintiffs or the Settlement Class, which shall be payable solely out of the Gross Settlement Sum.

  • On or about September 26, 2000, the Board issued Acupuncturist License No. AC1 7526 to Chien-Liang Lin, L.Ac. (Respondent).

  • These attorneys’ fees and costs shall come from and be deducted from the Gross Settlement Sum.


More Definitions of Gross Settlement Sum

Gross Settlement Sum means the maximum total payment that Defendants (or their Insurers on their behalf) will pay for any reason, as set forth in Section IV of this Agreement, pursuant to this Agreement.
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Gross Settlement Sum means the total settlement amount to be 26 PAGA Penalties (as defined below), settlement administration costs, Class Representative’s 27 service award, and distributions to Participating Class Members), which amount is 28 $450,000.00. Defendant’s share of payroll taxes (e.g. UI, ETT, Social Security and
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Related to Gross Settlement Sum

  • 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.

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

  • 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.

  • 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

  • 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.

  • 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.

  • Maximum Settlement Amount means $500,000,000 as amended or modified in accordance with Appendix E.

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

  • Final Settlement Date has the meaning set forth in Section 3.1(e).

  • Net Share Settlement Amount For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Scheduled Settlement Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Settlement Price Date means the Valuation Date. "Valuation Date" means the Redemption Valuation Date.

  • Final Settlement Statement has the meaning set forth in Section 2.6(b).

  • 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.

  • Monthly Settlement Date means the 25th day of each calendar month (or if such day is not a Business Day, the next occurring Business Day).

  • Settlement Amount means, with respect to a party and any Early Termination Date, the sum of: --

  • 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.

  • Final Settlement means permanent settlement of the Contractor’s actual allowable costs or expenditures as determined at the time of audit, which shall be completed within three years of the date the year-end cost settlement report was accepted for interim settlement by the State. If the audit is not completed within three years, the interim settlement shall be considered as the final settlement.

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

  • Settlement Price means the agreed upon price at which to purchase and sell a specified type and quantity of a commodity.

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

  • 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 Share Settlement On each Settlement Date, Issuer shall deliver to Dealer a number of Shares equal to the Number of Shares to be Delivered for such Settlement Date to the account specified by Dealer and pay cash to Dealer in lieu of any fractional shares valued at the Relevant Price on the Valuation Date corresponding to such Settlement Date. Number of Shares to be Delivered: In respect of any Exercise Date, subject to the last sentence of Section 9.5 of the Equity Definitions, the product of (i) the number of Warrants exercised or deemed exercised on such Exercise Date, (ii) the Warrant Entitlement and (iii)(A) the excess, if any, of the VWAP Price on the Valuation Date occurring on such Exercise Date over the Strike Price, divided by (B) such VWAP Price. The Number of Shares to be Delivered shall be delivered by Issuer to Dealer no later than 4:00 P.M. (local time in New York City) on the relevant Settlement Date.

  • Mandatory Settlement Date means the earliest of:

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Operating Agreement, section 3.3. PJM Tariff, Xxxxxx, O.A.T.T., OATT or PJM Open Access Transmission Tariff: “PJM Tariff,” “Tariff,” “O.A.T.T.,” “OATT,” or “PJM Open Access Transmission Tariff” shall mean that certain PJM Open Access Transmission Tariff, including any schedules, appendices or exhibits attached thereto, on file with FERC and as amended from time to time thereafter. Plan: