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 remaining balance of the Settlement 24 Proceeds, including all interest earned thereon, following payment of any Fee and Expense 25 Award as allowed by the Court.

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.

Examples of Net Settlement Proceeds in a sentence

• In consultation with the plaintiffs, the Class Lawyers will develop a Distribution Plan for the distribution of the Net Settlement Proceeds.

• Divide 90% of the Net Settlement Proceeds from each Settling Defendant among the conspiracies in which such Settling Defendant is alleged by Plaintiffs to have participated based upon the respective Specific Conspiracy Total Surcharge Amounts for such conspiracies.

• In pleadings filed with the Bankruptcy Court, the Parties advocated for varying allocation methodologies by which the Net Settlement Proceeds should be distributed among the Liquidating Trusts (the “ Allocation Dispute”) and the Bankruptcy Court was scheduled to hearargument on the Allocation Dispute at a hearing set for November 19, 2015.

• The Enterprise Act 2016 also sets out proposals that public sector bodies will be required to employ apprentices and will be set targets to increase Apprenticeships.

• Should the Fee and Expense Award approved by the Court be less than the amount sought, the difference shall be added to the Net Settlement Proceeds.

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 Proceeds less Attorneys’ Fees and Costs less Incentive Awards and less Administration Costs.

Net Settlement Proceeds means the Gross Settlement Payment less the Expense Award, the Fee Award, the Class Representative Service Awards, the Other Named Plaintiff Settlement Awards, and Class Members’ Administrative Costs.

Net Settlement Proceeds means the Settlement Amount less Class Counsel Fees, Class Counsel Disbursements and Administration Expenses;

Net Settlement Proceeds means the Settlement Amount less Class Counsel Fees, Class Counsel Disbursements and Administration Expenses (excluding the Non-Refundable Administration Expenses Fund);

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 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;