Individual Settlement Share definition

Individual Settlement Share means the pro rata share of the Net Settlement 11 Amount that a Class Member may be eligible to receive under the Class Settlement, to be calculated in 12 accordance with Paragraph 17.
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Individual Settlement Share means the pro rata payment of the Net
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Individual Settlement Share means the amount allocated to each Class Member pursuant to this Settlement Agreement.
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Examples of Individual Settlement Share in a sentence

  • The Settlement Administrator will pay Participating Class Members according to the Individual Settlement Share calculations set forth above.

  • Subject to the terms and conditions of this Agreement, the Settlement Administrator will pay an Individual Settlement Share from the Net Settlement Amount to each Participating Class Member.

  • Rather, Participating Class Members will receive an Individual Settlement Share automatically, without the return of a claim form.

  • The employees’ share of payroll tax withholdings shall be withheld from each persons’ Individual Settlement Share.

  • Participating Class Members must cash or deposit their Individual Settlement Share checks within one hundred eighty (180) calendar days after the checks are mailed to them.

  • All Individual Settlement Share determinations will be based on CertifiedSafety’s timekeeping and/or payroll records.

  • A material modification would include, but not necessarily be limited to, any alteration of the Gross Settlement Amount, an alteration in the calculation of the Net Settlement Amount, and any change to the calculation of the Individual Settlement Share.

  • Defendant shall also at this time provide any tax information that the Settlement Administrator may need to calculate each Participating Class Member’s Individual Settlement Share.

  • Participating Class Members must cash or deposit their Individual Settlement Share checks within one hundred and eighty (180) calendar days after the checks are mailed to them.

  • Any Class Member who returns a timely, valid, and executed request for exclusion will not participate in or be bound by the Settlement and subsequent judgment and will not receive an Individual Settlement Share.


More Definitions of Individual Settlement Share

Individual Settlement Share means each Participating Individual’s share of the Net Settlement Amount calculated in accordance with the calculations described in Paragraph 4.13.2.
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Individual Settlement Share means the gross amount of the Net Settlement
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Individual Settlement Share means the amount allocated from the Net
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Individual Settlement Share means the pro rata share of the Net Settlement Amount that
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Individual Settlement Share means each Class Member’s and/or Putative Collective Member’s share of the Net Settlement Amount calculated in accordance with the calculations described in Paragraph 81 of this Settlement. Payment of an Individual Settlement Share shall be referred to as an “Individual Settlement Payment.”
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Related to Individual Settlement Share

  • Individual Settlement Payment means the amount payable from the Net

  • 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.

  • 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.

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