Net Settlement definition

Net Settlement has the meaning set forth in Section 3.3(a).

Net Settlement means a settlement procedure in which final settlement of transfer instructions occurs on a net basis at one or more discrete, pre-specified times during the processing day;

Net Settlement means the Company retains a number of the Shares issuable pursuant to RSU vesting on that date having an aggregate Fair Market Value that equals the amount of the Company Deposits paid.

Examples of Net Settlement in a sentence

• If the Court approves a Class Counsel Fees Payment and/or a Class Counsel Litigation Expenses Payment less than the amounts requested, the Administrator will allocate the remainder to the Net Settlement Amount.

• The Administrator will retain amounts equal to their Individual Class Payments in the Net Settlement Amount for distribution to Participating Class Members on a pro rata basis.

• If an objector appeals the Judgment, the Parties’ obligations to perform under this Agreement will be suspended until such time as the appeal is finally resolved and the Judgment becomes final, except as to matters that do not affect the amount of the Net Settlement Amount.

• If the Court approves a Class Representative Service Payment less than the amount requested, the Administrator will retain the remainder in the Net Settlement Amount.

• As set forth in the Plan of Allocation, each Authorized Claimant shall receive his, her, or its pro rata share of the Net Settlement Fund.

More Definitions of Net Settlement

Net Settlement has the meaning set forth in Section 3(a) of this Agreement.

Net Settlement has the meaning set forth in Section 4.10(a).

Net Settlement has the meaning ascribed thereto in Section 6.2(a).

Net Settlement means a cashless “net settlement” arrangement pursuant to which the Company will reduce the number of Shares issued upon settlement of the RSU or PSU by the largest whole number of shares having an aggregate fair market value equal to the amount of the tax to be withheld.

Net Settlement or “Settled” means making payment to the Merchant’s nominated bank account of funds received by NuPay from the Bank only and from which the Merchant Discount fees have been deducted; and

Net Settlement means that the Company reduces the number of shares delivered to the Participant with a number corresponding to the value of the tax and social security contributions that the Company or one its Subsidiaries is required to withhold, both to the maximum extent permitted by law.

Net Settlement means settlement in a system where final settlement of transfer instructions occurs through netting at one or more discrete, pre-specified time during the processing day;