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, 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.

  • 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.

  • 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].