Remaining Settlement Fund definition

Remaining Settlement Fund means that portion of the Settlement Fund that remains after all distributions pursuant to Sections V.A and V.B, after payment of all Attorneys’ Fees and Expenses, Service Awards to the Plaintiffs, Notice and Administrative Costs, Taxes, and Tax Expenses, and after all other Court-approved deductions.
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Remaining Settlement Fund means the amount in the Settlement Fund remaining after the payment of any amounts due for Class Notice, Settlement Administration, attorneys’ fees, costs, and expenses, and Service Awards as set forth in Paragraphs 2.02 and 2.04 below.
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Examples of Remaining Settlement Fund in a sentence

  • If no appeal has been filed to the Final Approval Order, the Settlement Administrator shall remit to Settlement Class Counsel the entire amount of the attorneys’ fees and costs awarded by the Court within three (3) business days after it receives the Remaining Settlement Fund from the Fifth Third/Vantiv Defendants.

  • If, however, an appeal is taken from the Final Approval Order, then within seven (7) days after receipt of the Remaining Settlement Fund from the Fifth Third/Vantiv Defendants, the Settlement Administrator shall deposit the amount of the attorneys’ fees and costs awarded by the Court into a separate, interest-bearing escrow account, which account must be reasonably acceptable to Settlement Class Counsel.

  • If an appeal is taken from the Final Approval Order, then within seven (7) days after receipt of the Remaining Settlement Fund from the Fifth Third/Vantiv Defendants, the Settlement Administrator shall deposit the Net Settlement Fund into a separate, interest-bearing, escrow account.

  • Thus, 40% of the Remaining Settlement Fund will be used to pay alleged Equal Pay Act Claim damages to the participating members of the EPA Claim Class6, and 60% of the 2 The Class Period is September 14, 2013 through [date of preliminary approval].

  • The Settlement fund as reduced by the foregoing amounts shall be referred to as the “Remaining Settlement Fund.” Every Class Member will be allocated a share of the Remaining Settlement Fund according to the formula below.

Related to Remaining Settlement Fund

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

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

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

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

  • 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.

  • Gross Settlement Amount means the sum of $75,000,000, contributed to the Qualified Settlement Fund pursuant to Article 5. The Gross Settlement Amount shall be the full and sole monetary payment made on behalf of Defendants in connection with the Settlement effectuated through this Settlement Agreement.

  • Share Settlement means a number of shares of Class A Common Stock equal to the number of Redeemed Units.

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