Net Fund definition

Net Fund. The right to set-off and deduct any fees, penalties, or other sums owed to New Penn Financial by the Lender under the terms of the Program Documents, which may include indemnification and repurchase invoices.
Sample 1
Net Fund means the Total Settlement Amount less (1) Arbitrator-approved Claimants’ attorney’s fees and expenses; (2) Arbitrator-approved Service Awards;
Sample 1
Net Fund means the amount that remains in the Settlement Fund after payment of Settlement Administrator costs, Class Representatives’ service awards, and Attorney’s Fees and Expenses.
Sample 1

Examples of Net Fund in a sentence

  • If the Fund had a Net Fund Benefit Amount, no action needs to be taken; however, such Net Fund Benefit Amount should not be carried forward to any analyses performed in the future for other NAV Errors that may arise.

  • If the Fund incurred a Net Fund Loss Amount, the Customer will be responsible for obtaining reimbursement for such loss from the responsible person or persons.

  • The Trustee shall treat the rights of the Certificateholders (other than the Holders of the Class X, Class R and Class P Certificates) to receive Net Funds Cap Shortfalls and any applicable Unpaid Net Fund Cap Shortfalls Payments as rights in an interest rate cap contract written by the Class X Certificateholder in favor of such Certificateholders.

  • NBS reviewed the Net gain/(loss) for each division/unit as well as the Net Fund Balance.

  • To the extent the Court approves attorneys’ fees in an amount less than Class Counsel’s request, the difference between the requested and awarded amounts shall be distributed to eligible Class Members as part of the Net Fund Amount on a proportional basis as set forth in the Plan of Allocation.

  • X.X. Xxxxxx shall not be liable for any Unitholder Loss, Fund Loss or Net Fund Loss Amount in the absence of X.X. Xxxxxx’x negligence.

  • Xxxxxx shall not be liable for any Unitholder Loss, Fund Loss or Net Fund Loss Amount in the absence of J.X. Xxxxxx’x negligence.

  • Any Retained Net Fund Proceeds may be invested by the Fund in Cash Equivalents or used in the operations of the Fund, including without limitation the payment of Outstanding Leverage or other liabilities of the Fund or re-investment by the Fund in Portfolio Companies.

  • The Parties have developed and analyzed the Plan of Allocation attached as Exhibit 3 and have concluded that it is fair, reasonable, and adequate, and is the best practicable means for allocating and distributing the Net Fund Amount to Class Members based on the Parties’ evaluation of the claims asserted against Xxxxxx.

  • Any Additional Guaranteed Payout shall be added to the Guaranteed Minimum Payout and paid out to the Qualified Claimants based on their Portion of the Net Fund.


More Definitions of Net Fund

Net Fund means the Settlement Payment minus Class Counsel’s Attorneys’ Fees and Costs and Class Representatives’ service payments as approved by the Court.
Sample 1
Net Fund means the amount remaining in the Common Fund after payment of
Sample 1
Net Fund means the amount remaining in the Common Fund after payment of Attorneys’ Fees and Expenses, Class Representative Service Awards, and Notice and Claim Administration Expenses.
Sample 1
Net Fund means the remainder of the Gross Fund after deductions, payments, or allocations for: (a) the Settlement Class Counsel’s attorneys’ fees and costs; and (b) Service Awards to be paid to Named Plaintiffs Xxxxxxx and Xxxxxxxx, which are both subject to Court approval. The allocation to the Settlement Class Members for their Settlement Checks will be made from the Net Fund. The estimated proportionate share of the Net Fund for each Settlement Class Member will be determined by the Settlement Administrator pursuant to the following formula:
Sample 1
Net Fund means the remainder of the Total Settlement Amount after deductions/payments for: (1) Arbitrator-approved Attorneys’ Fees and Costs; (2) Arbitrator-approved Service Award; (3) the PAGA Fund; (4) settlement administration costs, and (5) any applicable arbitration approval fees.
Sample 1

Related to Net Fund

  • Investment Fund has the same meaning as in National Instrument 81-106 Investment Fund Continuous Disclosure;

  • Money Market Fund means a mutual fund that invests its assets in accordance with section 2.18;

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

  • Sub-Fund means a segregated pool of assets and liabilities into which the Trust Fund is divided, established under the Trust Deed and the relevant supplemental deed as a separate trust as described in the relevant Appendix.

  • Contribution Amounts the aggregate amount of capital contributions applied by the Borrower to permit the Incurrence of Contribution Indebtedness pursuant to Subsection 8.1(b)(xi).

  • Campaign Contribution means a gift, subscription, loan, advance or deposit of money or other thing of value, including the estimated value of an in-kind contribution, that is made to or received by an applicable public official or any person authorized to raise, collect or expend contributions on that official’s behalf for the purpose of electing the official to either statewide or local office. “Campaign Contribution” includes the payment of a debt incurred in an election campaign, but does not include the value of services provided without compensation or unreimbursed travel or other personal expenses of individuals who volunteer a portion or all of their time on behalf of a candidate or political committee, nor does it include the administrative or solicitation expenses of a political committee that are paid by an organization that sponsors the committee.