Net Settlement Proceeds definition
Net Settlement Proceeds means the EIX Settlement Proceeds less Cash in an amount equal to the amount of Cash in the EIX Escrow Account (as such amount may be reduced from time to time in accordance with the EIX Settlement Agreement).
Net Settlement Proceeds means the Maximum Settlement Amount less the Fee and Expense Award, the Service Payments, the PAGA Payment and Administration Costs, as approved and awarded by the Court.
Net Settlement Proceeds means the remaining balance of the Settlement Proceeds, including all interest earned thereon, following payment of any Fee and 18 Expense Award as allowed by the Court.
Examples of Net Settlement Proceeds in a sentence
Notwithstanding anything to the contrary herein, no CVR Payment shall become due and payable to any Holder until such time as the then-outstanding and undistributed Net Settlement Proceeds exceeds $50,000,000 in the aggregate.
More Definitions of Net Settlement Proceeds
Net Settlement Proceeds means the gross sales price of the Lot less customary and usual settlement charges and real estate commissions approved by the Beneficiary, without payment of any sums to the Grantor or any affiliated person or entity of the Grantor;
Net Settlement Proceeds means the Settlement Amount less Class Counsel Fees, Class Counsel Disbursements, Honorarium, and Administration Expenses;
Net Settlement Proceeds means the Settlement Amount less the amounts payable in respect of Claims Administration Costs, Class Counsel Legal Fees and any other costs associated with claims administration and notice of settlement approval hearing and, where the settlement is approved, notice of settlement approval;
Net Settlement Proceeds means the Settlement Proceeds less Attorneys’ Fees and Costs less Incentive Awards and less Administration Costs.
Net Settlement Proceeds means the Maximum Settlement Amount less the Fee and Expense Award, the Service Payments, the PAGA Payment and Administration Costs, as approved and awarded by the Court. At this time, the Net Settlement Proceeds is estimated to be $417,690.00. 90% of the Net Settlement Proceeds shall be allocated to the California Class and 10% of the Net Settlement Proceeds shall be allocated to the California FLSA Class.
Net Settlement Proceeds means the amount remaining of the Settlement Fund after the payment of any Fee Award, as described in (P) 8, the payment of any Taxes and Tax Expenses, as described in (P) 4(k), and the payment of any Notice and Administration Costs;
Net Settlement Proceeds means the Settlement Amount less Class Counsel Fees, Class Counsel Disbursements and Administration Expenses;