Monetary Settlement Sample Clauses

Monetary Settlement. 13 In consideration of the Release set forth in section III.G. of this Stipulation and the 14 entry of Judgment on the claims of all Class Members, the Defendants will jointly pay the 15 sum of $1,025,000, within fifteen (15) days of the Effective Date of this settlement. Said 16 payment shall include all attorney’s fees and costs and shall be made payable to Xxxxxx 17 Xxxxxxxx, Attorney Client Trust Account, to be distributed to the Class Representatives, 18 Claimants and Class Counsel by that office as follows: 19 The four Class Representatives shall each receive $9,000; 20 Those Claimants who have submitted Approved Claims shall each receive an equal 21 part of $639,000; 22 Class Counsel shall receive $350,000 for attorneys’ fees and costs, including all 23 costs associated with the administration of the Class Settlement Fund, transmittal and 24 publication of the Class Notice of Settlement Agreement and Claim Forms, review and 25 approval of Claim Forms and payment of Approved Claims.
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Monetary Settlement. The Employer agrees to pay any monetary settlement at the outcome of a Grievance on the next scheduled pay date.
Monetary Settlement. 42.00 The Board shall implement the salary schedules attached hereto and designated Exhibits "A-1" effective September 1, 2022, and “A-2” effective September 1, 20.
Monetary Settlement. The Company agrees to pay any monetary settlements, as the outcome of a grievance, by separate cheque if the amount of the settlement is greater than one day’s regular pay. Page
Monetary Settlement. In settlement of all claims alleged, Defendants will cause to be paid to a fund $2,300,000 (the “Maximum Settlement Amount”). The following sums will be paid from the Maximum Settlement Amount: (1) Class Counsel’s attorneys’ fees in an amount set by the Court not to exceed $805,000 and Class Counsel’s documented litigation costs in an amount set by the Court not to exceed $15,000; (3) a service payment to the Class Representative set by the court, not to exceed $10,000 for his service in the Action (“Service Payment”); and (4) a reasonable amount set by the Court to the settlement administrator for administering the settlement. The amount of the Maximum Settlement Amount remaining after deductions for items (1) through (4) above is the “Net Settlement Proceeds.”
Monetary Settlement. 1. The State shall pay the sum of thirty million dollars, to be paid in five equal annual payments commencing January 1, 2008. Further, the Parties agree that the Power Authority shall pay the sum of two million dollars per year for thirty-five years commencing within ninety days of the effective date of this settlement agreement. The payments shall be exempt from federal or state taxation.
Monetary Settlement. 4.1. The monetary settlement will be paid by Vendor and a franchisee, pursuant to a separate agreement, in full compensation for attorneys’ fees and costs to Claimants’ Counsel for its work on this matter through the Effective Date and for user testing conducted by Claimants. Only upon receipt of monetary payment to Claimants’ Counsel and Claimants by Vendor and a franchisee will DineEquity be deemed to bear no responsibility for further payment to Claimants' Counsel, Claimants, or any other entity in relation with this matter.
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Monetary Settlement. 60. Subject to approval by the Court, the total monetary consideration to be provided by Farmers pursuant to the Settlement shall be $15,000,000, inclusive of the amount paid to Settlement Class Members, any and all attorneys’ fees, costs and expenses awarded to Class Counsel, any Service Awards to the Class Representatives, all costs and expenses incurred by the Settlement Administrator and any cy pres payment.
Monetary Settlement. 68. Subject to approval by the Court, the total monetary consideration to be provided by Allstate pursuant to the Settlement shall be $25,000,000, inclusive of the amount paid to Settlement Class Members, any and all attorneys’ fees, costs and expenses awarded to Class Counsel, any Service Award to the Class Representative, all costs and expenses incurred by the Settlement Administrator and any cy pres payment.
Monetary Settlement. The customer must maintain collected funds on deposit for the amount of debits initiated against its account. Funds for incoming electronic transfers will be credited to the customer's account on the transmission date. Funds for outgoing electronic transfers will be held until the settlement date of the transaction for the deposit at the Receiving Depository Financial Institution.
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