Settlement Fund definition

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

Settlement Fund means the Settlement Amount plus all interest and accretions thereto.

Settlement Fund means the Settlement Amount plus any and all interest

Examples of Settlement Fund in a sentence

• Further, the Settlement Fund shall indemnify and hold harmless the Parties, the Philadelphia Inquirer’s insurer, and their Parties’ counsel for Taxes (including, without limitation, taxes payable by reason of any such indemnification payments).

• The amount of the Net Settlement Fund remaining after all Documented Loss Payments are applied and the payments for the CMIS are made shall be referred to as the “Post CMIS/DL Net Settlement Fund.” The Settlement Administrator shall then utilize the Post CMIS/DL Net Settlement Fund to make all Cash Fund Payments pursuant to Section 3.3(c) herein.

• The Settlement Administrator will first apply the Net Settlement Fund to pay for CMIS claimed by Class Members.

• To the extent any monies remain in the Net Settlement Fund more than 120 days after the distribution of all Settlement Payments to the class members, a subsequent Settlement Payment will be evenly made to all Class Members with approved claims for Cash Fund Payments who cashed or deposited the initial payment they received, provided that the average check amount is equal to or greater than Three Dollars and No Cents ($3.00).

• Each Claimant, Class Representative, or Class Member shall be solely responsible for the federal, state, and local tax consequences to him, her, or it of the receipt of funds from the Settlement Fund pursuant to this Agreement.

More Definitions of Settlement Fund

Settlement Fund means the Settlement Amount and any interest earned thereon.

Settlement Fund means the Settlement Amount, together with all interest and income earned thereon after being transferred to the Escrow Account.

Settlement Fund means all funds transferred to the Escrow Account pursuant to this Stipulation and any interest or other income earned thereon.

Settlement Fund means the interest-bearing, settlement fund account to be established and maintained by the Escrow Agent in accordance with Article 5 herein and referred to as the Qualified Settlement Fund (within the meaning of Treas. Reg. § 1.468B-1).

Settlement Fund means the Settlement Amount plus any interest that may accrue.

Settlement Fund means the funds described in Section II(A) of this Settlement Agreement, plus accrued interest, in the separate Escrow Account for the settlement contemplated by this Settlement Agreement established in accordance Section II(C) below.

Settlement Fund means the Settlement Amount plus all interest and accretions thereto and which may be reduced by payments or deductions as provided herein or by Court order.