Settlement Payment Amount definition

Settlement Payment Amount means the Forty-Three Million and 00/100 Dollars ($43,000,000.00) that TD Bank agrees to pay, without admission of liability, as the monetary component of this Settlement, as more specifically described in paragraph 137 of this Agreement.
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Settlement Payment Amount means the amount of four million two hundred and forty-five thousand dollars ($4,245,000.00 (USD)) that Defendant agrees to pay, without admission of liability, under the terms of this Settlement, as more specifically described in Section IV hereof.
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Settlement Payment Amount means Nine Hundred Fifty Thousand Dollars ($950,000.00).
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Examples of Settlement Payment Amount in a sentence

  • This Settlement Payment Amount includes all monetary disbursements incurred in connection with the Settlement, including but not limited to (a) all monetary payments to the Settlement Classes; (b) all Administrative Costs; (c) all attorneys’ fees, costs, and expenses awarded by the Court to Class Counsel; and (d) all Service Awards awarded by the Court to Plaintiffs.

  • Any modification of the Settlement Payment Amount or Settlement Fund as a result of such direct payments shall require Court approval.

  • Any award of attorneys’ fees, costs, and expenses to Class Counsel shall be payable solely out of the Settlement Payment Amount.

  • The amount of the Net Settlement Fund available for distribution to each Settlement Class shall equal the Net Settlement Fund multiplied by the percentage of the total Settlement Payment Amount allocated to that Class, as set forth in paragraph 97 of this Agreement.

  • All costs of a second distribution as well as all costs associated with a residual cy pres distribution shall be paid out of the Settlement Payment Amount.

  • In exchange for the mutual promises and covenants in this Agreement, including, without limitation, the Releases as set forth in Section XII hereof and the dismissal of the Action upon Final Approval, within fourteen (14) days of Preliminary Approval, Defendant shall transfer to the Settlement Administrator the Settlement Payment Amount for deposit into the Settlement Fund Account.


More Definitions of Settlement Payment Amount

Settlement Payment Amount is defined in Section 5.30.
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Settlement Payment Amount means the amount of money that Berkshire will be required to deposit into the Settlement Fund for purposes of making payments to Settlement Class Members, pursuant to paragraphs 48 and 52 of this Agreement. The Settlement Payment Amount will be calculated by multiplying the number of Covered Transactions times $30.00. Based on Berkshire’s review of available data, the Settlement Payment Amount will total $304,290.00 (10,143 Covered Transactions times $30.00).
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Settlement Payment Amount means [*****]
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Related to Settlement Payment Amount

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Settlement Amount means, with respect to a party and any Early Termination Date, the sum of: --

  • Gross Settlement Amount means $633,000.00 which is the total amount Defendant agrees to pay under the Settlement except as provided in Paragraph 9 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.

  • Individual Settlement Payment means the amount payable from the Net

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

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Settlement Price means the agreed upon price at which to purchase and sell a specified type and quantity of a commodity.

  • Earn-Out Payment has the meaning set forth in Section 2.4(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.