Net Settlement Value definition

Net Settlement Value means the portion of the Gross Settlement Value
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Net Settlement Value means the Gross Settlement Value less the Fee and
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Net Settlement Value means, at any time, the market value of all Unencumbered Liquid Assets, less the usual and customary fees and commissions chargeable upon a sale or other liquidation thereof.
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Examples of Net Settlement Value in a sentence

  • Shipper Balance Statement: A summarized Monthly statement provided to each Shipper that shows Book Inventory, Physical Inventory, Settlement Volume, Settlement Price and Net Settlement Value.

  • Net Settlement Value: Net Settlement Value is the value of the financial transaction required to balance Book Inventory to Physical Inventory and is the product of the Settlement Price times Settlement Volume.

  • Each of the above amounts is deducted from the Gross Settlement Value, and the remaining amount (Net Settlement Value) is to be distributed to all of the Class Members.

  • See Part B & C of prior month.[2] Monthly volumes received from feeder pipeline.[3] Transfer from another shipper.[4] Transfer to another shipper.[5] Monthly deliveries as invoiced to Shipper.[6] Petroleum Loss Allowance equals Deliveries * 0.13%.[7] Carrier assigned working stock = inventory in tanks and lines.[8] Physical batches in the pipeline at month end.[9] Net Settlement Value = Commodity Settlement Price times Settlement Volume in Section C above.

  • The amount remaining after these deductions is referred to the “Net Settlement Value.” The Net Settlement Value is the amount that will be divided amongst the Class Members, known as the Net Settlement Value.

  • Your share of the Net Settlement Value will be based on the value of your past and projected future benefits (including benefits either paid to your Associated Class Member Participant, if you are the beneficiary, or which may be paid to your Associated Beneficiary, if you are the Participant), compared to the value of all Class Members’ past and projected future benefits.

  • A Participating Class Member who is a Group 1 Class Member will receive 6% of the Net Settlement Value times the total Qualified Days Worked that Class Member worked during the Settlement Period divided by the total Qualified Days Worked by all Group 1 Class Member during the Settlement Period.

  • In no event will the Net Settlement Value be lower than $217,650.

  • The Settlement Administrator will calculate the amount that each Class Member will receive as follows:• Fifteen percent (15%) of the Net Settlement Value represents unpaid wages to which Class Members may be entitled and interest thereon.

  • Based on the above deductions to which the Parties agree under the Settlement, the Parties estimate the Net Settlement Value to be One Hundred Fifty-Six Thousand Three Hundred Thirty-Three dollars and thirty-four cents ($151,333.34).


More Definitions of Net Settlement Value

Net Settlement Value means that Net Cash Distribution plus the Expense Fund.
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Net Settlement Value or “NSV” means the portion of the Gross Settlement Value available for distribution to Class Members after the deduction of (1) the Class Representative Enhancement Payments to Plaintiffs Joshua Mendoza, Randy Williams, and Omar Rivas in an amount up to $10,000 each, for prosecution of the Action, risks undertaken for the payment of attorneys’ fees and costs; (2) the Settlement Administration Costs to the Settlement Administrator, CPT Group, Inc., in an amount estimated not to exceed $25,000; (3) a PAGA payment of $50,000 (75% allocated to the Labor Code Private Attorney General Act of 2004 claims) to the California Labor Workforce Development Agency (“LWDA”) with the remaining twenty-five percent (25%) ($12,500) of the PAGA Payment to be distributed to Eligible Aggrieved Employees; (4) payment to Class Counsel for Class Counsel fees in an amount not to exceed $437,000 (38% of the Gross Settlement Value) for attorneys’ fees; and (5) payment to Class Counsel of Class Counsel Expenses in an amount not to exceed $25,000 for litigation costs. All of these payments are subject to court approval.
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Related to Net Settlement Value

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Settlement Value means the amount which the holder of a Contract may receive for a Contract held until Expiration. The Settlement Value of a Binary Contract is $100. The Settlement Value of a Variable Payout Contract is determined as described in the definitions of Long and Short Variable Payout Contracts.

  • Net Settlement Fund means the Settlement Fund, plus accrued interest, less any award of attorneys’ fees or reimbursement of expenses and less applicable taxes, tax preparation expenses, and costs of notice and administration, that may be awarded or approved by the Court.

  • Cash Settlement Averaging Period means (a) with respect to any Conversion Date occurring on or after the 24th Scheduled Trading Day immediately preceding the Maturity Date, the twenty (20) consecutive Trading Day period ending on, and including, the third Scheduled Trading Day immediately preceding the Maturity Date and (b) in all other cases, the twenty (20) consecutive Trading Day period beginning on, and including, the third Trading Day immediately following the relevant Conversion Date.

  • Disruption Cash Settlement Price means in respect of each Security, an amount in the Settlement Currency equal to the fair market value of the Share Amount (taking into account, where the Settlement Disruption Event affected some but not all of the Shares comprising the Share Amount and such non-affected Shares have been duly delivered as provided above, the value of such Shares), less the cost to the Issuer of unwinding any underlying related hedging arrangements, all as determined by the Issuer.

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • TARGET Settlement Day means any day on which TARGET2 is open for the settlement of payments in euro;

  • Relevant Settlement Method In respect of any Option:

  • Gross Settlement Amount means $240,000 which is the total amount Standard agrees to pay under the Settlement, except as provided in Paragraph 8 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Cash Settlement Date means, for each Financially Settled Futures Transaction, the Business Day determined by Exchange from time to time in accordance with industry practice for such Transaction, as posted on Exchange’s Website not less than one month prior to the occurrence of such date, other than Invoices issued as a result of a Contracting Party’s Default or under the Close- out Procedure which amounts require payment immediately;

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

  • Default Settlement Method means Combination Settlement with a Specified Dollar Amount of $1,000 per $1,000 principal amount of Notes; provided, however, that the Company may, from time to time, change the Default Settlement Method by sending notice of the new Default Settlement Method to the Holders, the Trustee and the Conversion Agent.

  • Purchase Contract Settlement Date means [ ].

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • First Settlement Date means the date set forth in footnote 3 under "Summary of Essential Financial Information" in the Prospectus Part I for a Trust.

  • Gross Settlement Fund means the Settlement Amount plus all interest earned thereon.

  • Current Value shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Purchase Contract Settlement Fund has the meaning specified in Section 5.5.

  • Daily Settlement Price means the settlement price for a Swap calculated each Business Day by or on behalf of BSEF. The Daily Settlement Price can be expressed in currency, spread, yield or any other appropriate measure commonly used in swap markets.

  • Net Share Settlement Amount For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist of:

  • Agreement Value means, for each Hedge Agreement, on any date of determination, an amount determined by the Administrative Agent equal to: (a) in the case of a Hedge Agreement documented pursuant to the Master Agreement (Multicurrency-Cross Border) published by the International Swap and Derivatives Association, Inc. (the “Master Agreement”), the amount, if any, that would be payable by any Loan Party or any of its Subsidiaries to its counterparty to such Hedge Agreement, as if (i) such Hedge Agreement was being terminated early on such date of determination, (ii) such Loan Party or Subsidiary was the sole “Affected Party”, and (iii) the Administrative Agent was the sole party determining such payment amount (with the Administrative Agent making such determination pursuant to the provisions of the form of Master Agreement); or (b) in the case of a Hedge Agreement traded on an exchange, the xxxx-to-market value of such Hedge Agreement, which will be the unrealized loss on such Hedge Agreement to the Loan Party or Subsidiary of a Loan Party party to such Hedge Agreement determined by the Administrative Agent based on the settlement price of such Hedge Agreement on such date of determination, or (c) in all other cases, the xxxx-to-market value of such Hedge Agreement, which will be the unrealized loss on such Hedge Agreement to the Loan Party or Subsidiary of a Loan Party party to such Hedge Agreement determined by the Administrative Agent as the amount, if any, by which (i) the present value of the future cash flows to be paid by such Loan Party or Subsidiary exceeds (ii) the present value of the future cash flows to be received by such Loan Party or Subsidiary pursuant to such Hedge Agreement; capitalized terms used and not otherwise defined in this definition shall have the respective meanings set forth in the above described Master Agreement.

  • TARGET2 Settlement Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System is open.

  • Standard Settlement Period means the standard settlement period, expressed in a number of Trading Days, on the Company’s primary Trading Market with respect to the Common Stock as in effect on the date of delivery of the Notice of Exercise.

  • Call Settlement Date means the fifth Business Day following the last Index Business Day in the Call Measurement Period.

  • Termination Settlement Date means, for any Terminated Obligation, the date customary for settlement, substantially in accordance with the then-current market practice in the principal market for such Terminated Obligation (as determined by the Calculation Agent), of the sale of such Terminated Obligation with the trade date for such sale occurring on the related Termination Trade Date.