Individual Settlement Award definition

Individual Settlement Award means the amount payable from the Net Settlement
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Individual Settlement Award means the total gross amount (subject to applicable payroll
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Individual Settlement Award means the amount payable from the Net Settlement Amount to each Class Member.
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Examples of Individual Settlement Award in a sentence

  • Settlement Class Members are not required to submit a claim form to receive their Individual Settlement Award.

  • This payment will be in addition to Plaintiff’s Individual Settlement Award as a Settlement Class Member and shall be reported on an IRS Form 1099 by the Settlement Administrator.

  • If you do nothing, you will be entitled to your share of the Settlement based on the proportionate number of workweeks you worked during the Class Period (as explained above), and as stated in the accompanying Notice of Individual Settlement Award.

  • If you disagree with the information in your Notice of Individual Settlement Award, you may submit a dispute, along with any supporting documentation, in accordance with the procedures stated in the Notice of Individual Settlement Award.

  • The information contained in Defendants’ records regarding each of these factors, along with your estimated Individual Settlement Award, is listed below.

  • Named Plaintiffs further agree that, in any event, TCP will not be obligated to pay any Individual Settlement Award in excess of $2,500 for each Named Plaintiff.

  • TCP agrees not to object to Named Plaintiffs’ request for an Individual Settlement Award of up to a maximum payment of $2,500 each.

  • Named Plaintiffs agree that they will not seek an Individual Settlement Award of greater than $2,500 each.

  • The lowest Individual Settlement Award to a Settlement Class Member is estimated at $ .

  • In addition, if any members of Classes 2, 3, and 4 choose not to participate in the Settlement, their Individual Settlement Award money will be used to increase the awards for the Plaintiffs and the participating Class Members on a pro-rata basis.


More Definitions of Individual Settlement Award

Individual Settlement Award means the portion of the Maximum Settlement Amount allocated and distributable to each Participating Claimant. Only individuals who become Participating Claimants are eligible to receive the Individual Settlement Award under this Settlement Agreement.
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Individual Settlement Award means the amount payable from the
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Individual Settlement Award means the specific total payment under the Settlement Agreement for each Collective Action Settlement Member, which includes amounts for allegedly unpaid wages and overtime, as well as liquidated damages, as set forth in Paragraph 9 below.
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Individual Settlement Award means the amount payable from the Net Settlement Amount to each Class Member for their payment from the FCRA Class Fund.
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Individual Settlement Award. Individual Settlement Award shall mean the proportionate share of the Net Settlement Fund allocated to each individual Class Member according to the allocation formula set forth herein.
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Related to Individual Settlement Award

  • Individual Settlement Payment means the amount payable from the Net

  • 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).

  • Share Settlement means a number of shares of Class A Common Stock (together with any Corresponding Rights) equal to the number of Redeemed Units.

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

  • 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.

  • Vesting Date has the meaning set forth in Section 3.10(c)(ii).

  • 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.

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

  • Administrator/Benchmark Event means, in relation to any Benchmark, the occurrence of a Benchmark Modification or Cessation Event, a Non-Approval Event, a Rejection Event or a Suspension/Withdrawal Event all as determined by the Issuer.