Settlement Share Sample Clauses
The Settlement Share clause defines the portion or percentage of a settlement amount that a party is entitled to receive in the event of a dispute resolution or settlement. Typically, this clause outlines how any funds recovered through settlement are to be divided among the involved parties, such as co-plaintiffs or business partners, based on pre-agreed ratios or contributions. Its core practical function is to ensure transparency and prevent disputes by clearly specifying each party’s entitlement to settlement proceeds.
Settlement Share. Subject to the terms and conditions of this Agreement, the Settlement Administrator will pay a Settlement Share from the Net Settlement Amount to each Participating Class Member. The submission of a claim form is not required to be paid.
Settlement Share. Subject to the terms and conditions of this Agreement, the Settlement Administrator will allocate a Settlement Share from the Net Settlement Amount to eligible Participating Class Members or their bankruptcy trustees as follows:
Settlement Share. The Total Remaining Maximum Distributable Amount x the Settlement Class Member’s Pro Rata Percentage
Settlement Share. Subject to the terms and conditions of this Agreement, the Settlement Administrator will pay, within fifteen (15) business days of the Effective Date, a Settlement Share from the Net Settlement Amount to each Class Member.
Settlement Share. Expressed linguistically, this means that each individual Settlement Class Member’s HRA Present Value will be divided by the Total Estimated HRA Damages for the entire 1 The Net Settlement Fund is the total Settlement Fund minus the costs of settlement administration, attorneys’ fees and litigation expenses, the Dispute Fund, and service awards to the Named Plaintiffs. See Settlement Agreement § II. All of these amounts are subject to Court approval; hence, the exact amount of the Net Settlement Fund will not be known until the Court rules on the Settlement at the final approval stage. The Net Settlement Fund numbers provided herein are for illustration purposes only.
Settlement Share. Settlement Amount as provided by this Agreement.
Settlement Share. Subject to the terms and conditions of this Agreement, the 27 Settlement Administrator will pay a Settlement Share from the Net Settlement Amount to each
Settlement Share the amount payable to each Participating Class Member under the terms of this Settlement Agreement. The Settlement Share shall be determined by multiplying the Participating Class Member’s total number of Workweeks worked during the Class Period (after resolution of any dispute regarding the number of Workweeks) multiplied by the Workweek Value.
Settlement Share. The Settlement Administrator will pay, within thirty-five (35) calendar days of the Effective Date, a Settlement Share from the Net Settlement Amount to each Class Member.
Settlement Share. “Settlement Share” means each Qualified Class Member’s share of the Net Settlement Amount as provided for in this Agreement as calculated by the Class Counsel in accordance with Section 5.4(D)(5) below and Exhibit H hereto.