Individual Settlement Payments to Settlement Class Members Sample Clauses

Individual Settlement Payments to Settlement Class Members. The exact amount of attorneys’ fees, litigation costs, Class Representative service payments, settlement administration expenses, and the PAGA Settlement Amount will be determined by the Court at the Final Approval Hearing. The remaining portion of the Settlement Amount, the “Net Settlement Amount” or “NSA,” is estimated to be $ . The NSA will be paid to all Settlement Class Members who do not request to be excluded (“opt out”) of the Settlement. A claim form is not required. If the settlement is not approved by the Court or does not become final for some other reason, the litigation against Ecolab will continue.
Sample 1
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Individual Settlement Payments to Settlement Class Members. (b) Enhancement Payment 18 to Plaintiff; (c) osts to Class Counsel; and (d) Settlement Administration Costs to 19 itself (the Settlement Administrator). The Settlement Administrator will also undertake filings and 20 remittances in connection with the 21 Settlement Shares and the Employer Taxes, that are necessary for administration of the Settlement.
Sample 1
Individual Settlement Payments to Settlement Class Members. Each 23 Settlement Class Members’ Individual Settlement Payment shall be calculated by dividing his or her 25 Shifts. This calculation will result in a percentage figure for each Settlement Class Member (the 26 “Percentage Figure”). The Percentage Figure will then be used to determine each Settlement Class 27 Member’s portion of the Net Settlement Amount by multiplying the Percentage Figure by the Net 28 Settlement Amount. Otherwise stated, the formula for a Settlement Class Member’s Individual Settlement 1 Payment is: (Settlement Class Member’s shifts ÷ Total Settlement Class Member Shifts) x Net Settlement
Sample 1
Individual Settlement Payments to Settlement Class Members. (b) 27 Individual PAGA Payments to Aggrieved Employees; (c) LWDA Payment to the Labor 1 and Workforce Development Agency; (d) Incentive Award to the Class Representative; 2 (d) the Settlement Administration Costs to itself; and (e) Attorneys’ Xxxx and Costs to 3 Class Counsel. Defendant shall not be required to pay any additional monies beyond 4 the amount of the Gross Settlement Amount plus the Employer Taxes. Further, no 5 portion of the Gross Settlement Amount shall revert to Defendant, and any amount of 6 the Gross Settlement Amount not required to pay the above-referenced amounts shall 7 be paid to the Settlement Class Members on a pro rata basis according to the formula 8 contained herein.
Sample 1
Individual Settlement Payments to Settlement Class Members. (b) LWDA Payment 12 to the LWDA; (c) Enhancement Payments to Plaintiffs; and (d) Attorneys’ Fees and Costs to Class
Sample 1
Individual Settlement Payments to Settlement Class Members. The Settlement Administrator will calculate individual settlement payments from the Net Class Settlement Fund as set forth in this Paragraph. (Before calculating the Net Class Settlement Fund, the Settlement Administrator shall set aside the PAGA Settlement Fund, including the Provider Share of PAGA Settlement Fund.) The Net Class Settlement Fund will be divided by the aggregate number of days on which Settlement Class Members in California provided services booked through the Rover Platform during the Settlement Class Period to determine a per diem share. Each Settlement Class Member who qualifies for a payment shall receive the per diem share times the number of days he or she provided services booked through the Rover Platform in California during the Settlement Class Period (the “Class Qualified Days”).
Sample 1

Related to Individual Settlement Payments to Settlement Class Members

  • Settlement Class In the event of such dispute, the party raising the dispute shall be limited to seeking declaratory relief, and to no other form of relief. The declaratory relief available as to any such dispute shall be limited to deciding whether (y) the putative buying group is a properly organized bona fide buying group that complies with the requirements of this Paragraph, and/or (z) whether MasterCard negotiated in good faith with the putative buying group. The parties, including all members of the Rule 23(b)(2) Settlement Class, waive all rights to appeal from any such determinations. Upon resolution of the dispute by the Court, the losing party shall be responsible for all attorneys’ fees and expenses of the prevailing party unless the Court determines that the circumstances make such an award unjust.

  • Settlement Payments On the first Business Day of each month ("Interest Settlement Date"), Collateral Agent will advise each Lender by telephone, fax or telecopy of the amount of such Lender's share of interest and fees on each of the Loans as of the end of the last day of the immediately preceding month. Provided that such Lender has made all payments required to be made by it under this Agreement, Collateral Agent will pay to such Lender, by wire transfer to such Lender's account (as specified by such Lender on the signature page of this Agreement or the applicable Assignment and Acceptance Agreement, as amended by such Lender from time to time after the date hereof or in the applicable Assignment and Acceptance Agreement) not later than 3:00 p.m. Chicago time on the next Business Day following the Interest Settlement Date, such Lender's share of interest and fees on each of the Loans. Such Lender's share of interest on each Loan will be calculated for that Loan by adding together the Daily Interest Amounts for each calendar day of the prior month for that Loan and multiplying the total thereof by the Interest Ratio for that Loan. Such Lender's share of the Unused Line Fee described in subsection 2.3(A) shall be an amount equal to (a)(i) such Lender's average Revolving Loan Commitment during such month, less (ii) the sum of (x) such Lender's average Daily Loan Balance of the Revolving Loans, plus (y) such Lender's Pro Rata Share of the average daily aggregate amount of Letter of Credit Reserve, in each case for the preceding month, multiplied by (b) the percentage required by subsection 2.3(A). Such Lender's share of all other fees paid to Collateral Agent for the benefit of Lenders hereunder shall be paid and calculated based on such Lender's Commitment with respect to the Loans on which such fees are associated. To the extent Collateral Agent does not receive the total amount of any fee owing by Borrowers under this Agreement, each amount payable by Collateral Agent to a Lender under this subsection 9.8(A)(4) with respect to such fee shall be reduced on a pro rata basis. The Collateral Agent and the Lenders hereby acknowledge and agree that in no event shall the aggregate fee payments received by such Lenders pursuant to this subsection 9.8(A)(4) exceed the total amount of fees pursuant to subsection 2.3.

  • Payment of Settlement Amount (1) Within thirty (30) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, for deposit into the Trust Account.

  • Settlement Payment If the resulting net amount is positive, it shall be payable by the Defaulting Party to the Non-Defaulting Party, and if it is negative, then the absolute value of such amount shall be payable by the Non-Defaulting Party to the Defaulting Party.

  • The Settlement Fund 37. Releasors shall look solely to the Settlement Fund for settlement and satisfaction of all Released Claims against the DENSO Defendants and the Releasees, and shall have no other recovery against the DENSO Defendants or any other Releasee for any Released Claims.

  • Gross Settlement Amount Except as otherwise provided by Section 9 below, Defendant promises to pay $450,000.00 and no more as the Gross Settlement Amount, and to separately pay any and all employer payroll taxes owed on the Wage Portions of the Individual Class Payments. Defendant has no obligation to pay the Gross Settlement Amount (or any payroll taxes) prior to the deadline stated in Section 4.3 of this Agreement. The Administrator will disburse the entire Gross Settlement Amount without asking or requiring Participating Class Members or PAGA Group Members to submit any claim as a condition of payment. None of the Gross Settlement Amount will revert to Defendant.

  • PAYMENT AND SETTLEMENT You shall deliver to the Manager on the date and at the place and time specified in the applicable AAU (or on such later date and at such place and time as may be specified by the Manager in a subsequent Wire) the funds specified in the applicable AAU, payable to the order of Xxxxxxx Xxxxx Xxxxxx Inc., for (i) an amount equal to the Offering Price plus (if not included in the Offering Price) accrued interest, amortization of original issue discount or dividends, if any, specified in the Prospectus or Offering Circular, less the applicable Selling Concession in respect of the Firm Securities to be purchased by you, (ii) an amount equal to the Offering Price plus (if not included in the Offering Price) accrued interest, amortization of original issue discount or dividends, if any, specified in the Prospectus or Offering Circular, less the applicable Selling Concession in respect of such of the Firm Securities to be purchased by you as shall have been retained by or released to you for direct sale as contemplated by Section 3.6 hereof or (iii) the amount set forth or indicated in the applicable AAU, as the Manager shall advise. You shall make similar payment as the Manager may direct for Additional Securities, if any, to be purchased by you on the date specified by the Manager for such payment. The Manager will make payment to the Issuer or Seller against delivery to the Manager for your account of the Securities to be purchased by you, and the Manager will deliver to you the Securities paid for by you which shall have been retained by or released to you for direct sale. If the Manager determines that transactions in the Securities are to be settled through the facilities of DTC or other clearinghouse facility, payment for and delivery of Securities purchased by you shall be made through such facilities, if you are a member, or, if you are not a member, settlement shall be made through your ordinary correspondent who is a member.

  • Net Out of Settlement Amounts The Non-Defaulting Party will aggregate all Settlement Amounts into a single amount by netting out (a) all amounts that are due to the Defaulting Party for Product that has been Delivered and not yet paid for, plus, at the option of the Non-Defaulting Party, any cash, security or other Performance Assurance then available to the Non-Defaulting Party, plus any or all other amounts due to the Defaulting Party under this Agreement against (b) all Settlement Amounts that are due to the Non-Defaulting Party, plus any or all other amounts due to the Non-Defaulting Party under this Agreement, so that all such amounts will be netted out to a single liquidated amount (the “Termination Payment”) payable by the Defaulting Party. The Termination Payment, if any, is due from the Defaulting Party to the Non-Defaulting Party within two Business Days following notice.

  • Actual Settlement Date Accounting With respect to any sale or purchase transaction that is not posted to the Account on the contractual settlement date as referred to in Section 2.5, Bank shall post the transaction on the date on which the cash or Financial Assets received as consideration for the transaction is actually received by Bank.

  • Contractual Settlement Date Accounting (a) Bank shall effect book entries on a "contractual settlement date accounting" basis as described below with respect to the settlement of trades in those markets where Bank generally offers contractual settlement day accounting and shall notify Customer of these markets from time to time.

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