Net Fund definition

Net Fund means the Total Settlement Amount less (1) Arbitrator-approved Claimants’ attorney’s fees and expenses; (2) Arbitrator-approved Service Awards;
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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.
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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.
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Examples of Net Fund in a sentence

  • In particular it includes all the employees of the Luxembourg private sector from the beginning of the 1980s until 2006.

  • At a minimum, however, the $50 million General Fund appropriation into the state’s own Crisis Contingency and Safety Net Fund would be reimbursable by this fund.• Education Federal Relief Funds: The “COVID 3” Federal legislation created 3 additional new funds for states, all subject to “Maintenance of Effort” (MOE) requirements.

  • Any distribution agent may receive a remuneration from the relevant Net Fund Assets that is calculated daily for the previous valuation day’s Net Fund Assets of each unit class and paid out monthly in arrears.

  • Net Fund Value means the value of the Assets calculated in accordance with clause 10 less the Liabilities.

  • Following the disbursement of funds as agreed with the relevant partner schools under the Safety Net Fund program, the school committee approves a list of children to benefit, items required, and costs;2.

  • The investment consultant or fund manager may receive a remuneration from the relevant Net Fund Assets that is calculated daily for the previous valuation day’s Net Fund Assets of each unit class and paid out monthly in arrears.

  • The management company receives a remuneration from the relevant Net Fund Assets that is calculated daily for the previous valuation day’s Net Fund Assets of each unit class and paid out monthly in arrears.

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

  • The Fund may invest a maximum of 10% of its respective Net Fund Assets in transferable securities or money market instruments from the same issuer, whereby the securities held directly in the portfolio and the underlying assets of structured products will be considered jointly.

  • 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.


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
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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

  • 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.

  • 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).

  • 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.