Net Class Settlement Fund definition

Net Class Settlement Fund means the Gross Settlement Fund, minus the Settlement Class/PAGA Counsel Award, the PAGA Settlement Fund, the Enhancement Award, and Settlement Administration Costs.
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Net Class Settlement Fund means the Class Settlement Fund less: (i) Taxes and Tax Expenses; (ii) Notice and Administration Expenses; (iii) any attorneys’ fees, Service Awards, and Litigation Expenses awarded by the Court; and (iv) any other fees and expenses approved by the Court.
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Net Class Settlement Fund means the Class Settlement Fund less (i) all Court-awarded Attorneys’ Fees, Costs, and Expenses, (ii) Notice and Administration Costs; (iii) Taxes and Tax Expenses, and (iv) any other Court-approved fees, expenses or deductions.
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Examples of Net Class Settlement Fund in a sentence

  • If the settlement is approved and becomes final, eligible Class Members automatically will be mailed distributions from the Net Class Settlement Fund to the last addresses known to the Settlement Administrator.

  • Any such set-off will be determined based on data, if available, received by the Receiver from Class Members and counsel in the broker litigation described above and any other litigation or arbitration against brokers initiated by Class Members.All of the Net Class Settlement Fund will be distributed.

  • Each Proof of Claim shall be deemed to have been submitted when mailed (if received with a postmark and if mailed by first-class or overnight U.S. Mail, postage prepaid) provided such Proof of Claim is actually received prior to the motion requesting Court approval of the distribution of the Net Class Settlement Fund.

  • If you request to be excluded in accordance with these requirements, you will not get any payment from the Net Class Settlement Fund, and you cannot object to the Class Settlement.

  • Large scale crowdsourcing and characterization of twitter abusive behavior.

  • The Net Class Settlement Fund will be distributed to Class Members who, in accordance with the terms of the Stipulation, are entitled to a distribution from the Net Class Settlement Fund pursuant to any Plan of Allocation or any order of the Court and who submit a valid and timely Proof of Claim and Release form under the Plan of Allocation described below.

  • An Authorized Claimant’s Class Distribution shall equal that Claimant’s pro rata share of the Net Class Settlement Fund determined by dividing the Claimant’s Recognized Claim by the aggregate Recognized Claims of all Authorized Claimants.

  • Unless the Court orders otherwise, if you do not timely submit a valid Proof of Claim and Release form, you will be barred from receiving any payments from the Net Class Settlement Fund, but will in all other respects be bound by the provisions of the Stipulation and the Judgment.

  • Your share of the Net Class Settlement Fund will depend on how much you invested in notes issued by MP II, MP III, MP IV, MP V, and MP VI, whether you received any principal or interest distributions, and whether you received funds from other sources related to your losses, such as from other suits against your brokers.

  • Any plan for allocating the Net Class Settlement Fund (as defined in Paragraph 1(ee) of the Class Settlement Agreement) to eligible Class Members submitted by Class Counsel or any order regarding the Fee and Expense Application (as defined in Paragraph 13 of the Class Settlement Agreement), or any appeal modification or change thereof, shall in no way disturb or affect this Order approving the Class Settlement or any releases contained therein, and shall be considered separate from this Order.


More Definitions of Net Class Settlement Fund

Net Class Settlement Fund means the Class Settlement Fund less any attorneys’ fees, costs, or expenses provided for herein or approved by the Court, and less notice and administration costs, Taxes and Tax Expenses, and other Court-approved deductions.
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Related to Net Class Settlement Fund

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

  • 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.

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

  • Settlement Funds means Standard Settlement Funds and Maximizing Settlement Funds.

  • Purchase Contract Settlement Fund has the meaning specified in Section 5.5.

  • 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).

  • 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.

  • Settlement Classes means all Persons included in the Electrolytic Settlement Classes and the Film Settlement Classes.

  • Settlement Class Members means a member of a Settlement Class.

  • Settlement Class means, in respect of each Proceeding, the settlement class defined in Schedule A.

  • CCASS Settlement Day means the term “Settlement Day” as defined in the General Rules of CCASS.

  • 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.

  • Ontario Settlement Class means the settlement class in respect of the Ontario Action as defined in Schedule A.

  • Settlement Class Member means a member of a Settlement Class.

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

  • Individual Settlement Payment means the amount payable from the Net

  • Settlement Class Period means the period from and including January 1, 2000 through July 20, 2021.

  • 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.

  • 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.

  • Physical Settlement Amount For any Settlement Date for which Physical Settlement is applicable, an amount in cash equal to the product of (a) the Forward Price in effect on the relevant Settlement Date multiplied by (b) the Settlement Shares for such Settlement Date.

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

  • 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.

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

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

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist 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: