Balance Remaining in Net Settlement Fund Sample Clauses

Balance Remaining in Net Settlement Fund. If there is any balance remaining in the Net Settlement Fund (whether by reason of tax refunds, uncashed checks or otherwise), Class Counsel may reallocate such balance among Authorized Claimants in an equitable and economic fashion, distribute remaining funds through cy pres, or allow the money to escheat to federal or state governments, subject to Court approval. Except as provided in ¶ 35, in no event shall the Net Settlement Fund revert to Defendant.
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Balance Remaining in Net Settlement Fund. If there is any balance remaining in 9 the Net Settlement Fund (whether by reason of tax refunds, uncashed checks or otherwise), Class 10 Counsel may reallocate such balance among Authorized Claimants in an equitable and economic 11 fashion, distribute remaining funds through cy pres, or allow the money to escheat to federal or 12 state governments, subject to Court approval. In no event shall the Net Settlement Fund revert to 13 LG Chem.
Sample 1
Balance Remaining in Net Settlement Fund. If there is any balance remaining 11 in the Net Settlement Fund (whether by reason of tax refunds, uncashed checks, or otherwise), 12 such balance shall be distributed in accordance with the Plan of Allocation or further order of the 13 Court. Except as provided in ¶VII.5., in no event shall the Net Settlement Fund revert to 14 Defendants.
Sample 1
Balance Remaining in Net Settlement Fund. If there is any balance remaining in 16 the Net Settlement Fund (whether by reason of tax refunds, uncashed checks or otherwise), Class 17 Counsel may reallocate such balance among Authorized Claimants in an equitable and economic 18 fashion, distribute remaining funds through cy pres, or allow the money to escheat to federal or 19 state governments, subject to Court approval. In no event shall any unclaimed funds remaining in 20 the Net Settlement Fund revert to TOKIN.
Sample 1
Balance Remaining in Net Settlement Fund. If there is any balance remaining in the Net Settlement Fund (whether by reason of tax refunds, uncashed checks or otherwise), Exchange-Based Plaintiffs’ Counsel shall submit an additional distribution plan to the Court for approval.
Sample 1
Balance Remaining in Net Settlement Fund. If there is any balance remaining in the Net 4 Settlement Fund (whether by reason of tax refunds, uncashed checks or otherwise), Class Counsel 5 may reallocate such balance among Authorized Claimants in an equitable and economic fashion, 6 distribute the remaining funds through cy pres, or allow the money to escheat to federal or state 7 governments, subject to Court approval. Except as provided in Paragraph 37 below, the Net 8 Settlement Fund shall not revert to Panasonic Corp.
Sample 1

Related to Balance Remaining in Net Settlement Fund

  • Settlement Funds The Servicer shall be named as a payee on all insurance loss drafts and upon receipt thereof, the funds shall be credited to the Borrower's Insurance Proceeds balance and deposited into (a) where such funds will be applied to the repair and restoration of the related Mortgaged Property and where required by applicable state law, one or more separate escrow accounts, so that the balance on deposit in such accounts is fully insured at all times by the FDIC through either the BIF or SAIF or (b) where such funds will not be applied to the repair and restoration of the related Mortgaged Property, the respective Custodial P&I Account.

  • Payment Fund “Payment Fund” is defined in Section 2.6(a) of the Agreement.

  • General Partner Gross Income Allocation After giving effect to the special allocations in paragraph 2 but prior to any allocations under subparagraphs 1(a) or 1(b), there shall be specially allocated to the General Partner an amount of (i) first, items of Partnership income and (ii) second, items of Partnership gain during each fiscal year or other applicable period in an amount equal to the excess, if any, of (A) the cumulative distributions made to the General Partner under Section 7.3(b) of the Agreement, other than distributions which would properly be treated as “guaranteed payments” or which are attributable to the reimbursement of expenses which would properly be either deductible by the Partnership or added to the tax basis of any Partnership asset, over (B) the cumulative allocations of Partnership income and gain to the General Partner under this subparagraph 1(c)(i).

  • Amounts Remaining in Funds Any amounts in the Bond Fund remaining unclaimed by the Holders of Bonds for four years after the due date thereof (whether at stated maturity, by redemption, upon acceleration or otherwise), at the option of the Company, shall be deemed to belong to and shall be paid, subject to Section 5.07 of the Indenture, at the written request of the Company, to the Company by the Trustee. With respect to that principal of and any premium and interest on the Bonds to be paid from moneys paid to the Company pursuant to the preceding sentence, the Holders of the Bonds entitled to those moneys shall look solely to the Company for the payment of those moneys. Further, any amounts remaining in the Bond Fund and any other special funds or accounts created under this Agreement or the Indenture, except the Rebate Fund, after all of the Bonds shall be deemed to have been paid and discharged under the provisions of the Indenture and all other amounts required to be paid under this Agreement and the Indenture have been paid, shall be paid to the Company to the extent that those moneys are in excess of the amounts necessary to effect the payment and discharge of the Outstanding Bonds.

  • Investment Funds Unregistered general or limited partnerships or pooled investment vehicles and/or registered investment companies in which the Company (directly, or indirectly through the Master Fund) invests its assets that are advised by an Investment Manager.

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