Net Settlement Fund definition

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.

Net Settlement Fund means the Settlement Fund less: (i) any Taxes;

Net Settlement Fund means the amount of the Settlement Fund remaining after payment of Settlement Administration Expenses (including Notice costs), any Incentive Award to the Class Representative, and the Fee Award.

Examples of Net Settlement Fund in a sentence

• Cash Awards will be pro rata shares of the Net Settlement Fund based on each Settlement Class Member’s respective length of ownership and/or lease of their Class Vehicle.

• The Net Settlement Fund shall be distributed to the Members of the Settlement Classes using the following methodologies, or such methodologies as would have an equivalent result.

• The Settlement Administrator and Defendant shall make best efforts to implement Net Settlement Fund Payments and Overdraft Forgiveness within sixty (60) days after the Effective Date.

• Class Counsel will then work with the Settlement Administrator, Defendant, and any expert to distribute the Net Settlement Fund and implement the Overdraft Forgiveness benefit to eligible Participating Settlement Class Members using the below methodology, or such other methodology as would have an equivalent result.

• Subject to Court approval, the total amount of Residual Funds held by the Settlement Administrator after distribution of the Net Settlement Fund, shall be paid by the Settlement Administrator to an appropriate Cy Pres recipient or recipients agreed to by the Parties and approved by the Court.

More Definitions of Net Settlement Fund

Net Settlement Fund means the Settlement Fund, minus Court approved attorneys’ fees, and costs awarded to Class Counsel, any Settlement Administration Costs, and any Court approved Service Award to the Class Representatives.

Net Settlement Fund means the Settlement Fund less: (i) any Court-awarded attorneys’ fees, expenses, and interest thereon; (ii) Notice and Administration Expenses; (iii) Taxes and Tax Expenses; and (iv) other Court-approved deductions.

Net Settlement Fund means the amount of funds that remain in the Settlement Fund after funds are paid from or allocated for payment from the Settlement Fund for the following: (i) Notice and Administrative Expenses, (ii) Taxes and Tax-Related Expenses,

Net Settlement Fund means the Settlement Fund less: (i) any Taxes; (ii) any Notice and Administration Costs; (iii) any Litigation Expenses awarded by the Court; and (iv) any attorneys’ fees awarded by the Court.

Net Settlement Fund means the net amount of the Settlement Fund after payment of court approved attorneys’ fees and costs, any court approved service award and the costs of Notice and any fees paid to the Claims Administrator.

Net Settlement Fund means the Settlement Fund less any attorneys’ fees, expenses, and interest and any award to Plaintiffs, provided for herein or approved by the Court, and less Notice and Administration Expenses, Taxes and Tax Expenses, and other Court-approved deductions.

Net Settlement Fund means the Settlement Fund less Court-approved disbursements, including: (i) notice, claims administration and escrow costs; (ii) any attorneys’ fees and/or expenses awarded by the Court; (iii) any Incentive Award(s) awarded by the Court; and (iv) all other expenses, costs, taxes and other charges approved by the Court.