Net Settlement Sum definition

Net Settlement Sum means the portion of the Settlement Fund remaining after

Net Settlement Sum means the amount that will be available for payment to all

Net Settlement Sum means the Settlement Consideration minus the payment of (a) the Fee and Expense Award, (b) Plaintiffs’ Enhancement payments, and (c) the Settlement Administration Costs, all of which are described below.

Examples of Net Settlement Sum in a sentence

• Neither the Canary Released Parties nor their attorneys will have any responsibility or liability for the design or implementation of the Plan of Allocation or for the Claims Administrator’s determinations pertaining to payments from the Net Settlement Sum to Authorized Claimants.

• Each Participating Class Member’s Payment Ratio Fraction will be multiplied by the Net Settlement Sum to determine the Individual Settlement Amount.

• The Severed Settlement Sum plus any income earned by the Severed Settlement Sum less the payments made pursuant to the preceding sentence shall be the “Net Settlement Sum” or “RS Net Settlement Sum.” The Net Settlement Sum shall be distributed to Authorized Claimants in accordance with the terms of the Plan of Allocation.

• All payments from the Net Settlement Sum shall be determined by the Claims Administrator pursuant to a plan of allocation to be proposed by Class Counsel and Fund Derivative Plaintiffs’ Counsel (or by the Court, or if the Court prefers, an individual appointed by the Court, in the event that Plaintiffs’ Counsel cannot agree on an allocation) (the “Plan of Allocation”), subject to the approval of the Court.

• The Settlement Class Net Settlement Sum will be distributed to Participating Settlement Class Members in accordance with the Plan of Allocation, as approved by the Court.

More Definitions of Net Settlement Sum

Net Settlement Sum or “RS Net Settlement Sum” shall have the meaning set forth in paragraph 12 below;

Net Settlement Sum means the Settlement Amount less all of the following: (i) Administrative Expenses, (ii) Class Counsel’s attorneys’ fees, (iii) reimbursement of Class Counsel’s litigation expenses, (iv) the service award payments to the class representatives, and

Net Settlement Sum or “NSS” means the Gross Settlement Sum less the amounts awarded to Class Counsel, Settlement Expenses, Named Plaintiffs’ Settlement Payments, and the Service Payment to Plaintiff Xxxxxx.

Net Settlement Sum means the portion of the Total Maximum Settlement Amount

Net Settlement Sum means the amount remaining after all

Net Settlement Sum means the Gross Settlement Amount 8 less the following: (a) the Fee and Expense Award, (b) the PAGA Settlement Amount, 9 (c) employer-side portion of Withholdings and Taxes; (d) the Service Payments, and (e) the 10 Settlement Administration Costs.

Net Settlement Sum means the Gross Settlement Amount minus the payment of (a) the PAGA Settlement Amount, (b) the Fee and Expense Award, (c) the General Release Payment, (d) the Settlement Administration Costs, and (e) Defendants’ share of Withholdings and Taxes, all of which are described below.