Settlement Amount Excess definition

Settlement Amount Excess means the amount, if any, of the Total Settlement Amount remaining after: (a) distribution of the Benefit Checks and the expiration of the period for Class Members to negotiate Benefit Checks; (b) payment of the Class Representative Award, if any, to Representative Plaintiffs; (c) payment of the Attorney Fee/Litigation Cost Award, if any, to Class Counsel; (d) payment of the Class Representatives’ statutory damages; and (e) payment of the Settlement Administration Costs.
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Related to Settlement Amount Excess

  • Settlement Amount has the meaning specified in Section 14.02(a)(iv).

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Payment Amount has the meaning specified in Section 6.1.

  • Maximum Settlement Amount means the maximum amount The Company is required to pay pursuant to this Settlement, which is the sum of Seven Hundred and Fifty Thousand Dollars ($750,000.00), inclusive of any of The Company’s employer-side share of FICA, FUTA, and other similar, mandatory employer-side payroll taxes. In no event shall the Maximum Settlement Amount exceed the foregoing sum.

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