Class Fund definition

Class Fund or “Class Funds” means one or more Funds that is a class of NCM Opportunities or of NCM Core Portfolios.

Class Fund means the aggregate, gross amount the Parties propose be paid to the Settlement Class as Settlement Awards pursuant to this Settlement. The Class Fund shall be calculated by subtracting Court-approved amounts for the Service Award, Settlement Administration Expenses Award, and Attorney’s Fees and Costs Award from the Maximum Settlement Amount.

Class Fund means the aggregate, gross amount the Parties propose be paid to the Settlement Class as Settlement Awards pursuant to this Settlement. The Class Fund shall be calculated by subtracting the Court-approved Service Awards, Full Release Awards, Settlement Administration Expenses Award, and Attorney’s Fees and Costs Award from the Maximum Settlement Amount. Subject to approval by the Superior Court, the Parties anticipate the aggregate gross amount paid to the Settlement Class as part of the Settlement of this Case will be no less than One Hundred Sixty-Five Thousand Dollars ($165,000).

Examples of Class Fund in a sentence

• The principal investment objective and policy of the Class Fund will be adhered to for at least three years from the date of admission of Participating Shares of the Class Fund to the Official List of Euronext Dublin other than in exceptional circumstances and then only with the consent of a majority of Shareholders.

• If the Fund is a Multiple Class Fund, report returns for each class.

• Investments of the Class Fund may not be loaned out without the prior written consent of the Custodian and otherwise subject to the Articles (including without limitation Article 32.7).

• The cash or other property so appropriated shall not be available for application without the consent of the Custodian in any way otherwise than as may be required for paying up the security in respect of which the appropriation was made so long as and to the extent that such security remains an asset of the Class Fund.

• As a result, net income or realized gains of one Corporate Class Fund may be reduced by losses in another.

More Definitions of Class Fund

Class Fund means the amount available to pay claims submitted by Valid Claimants after deduction from the Settlement Fund of the Subclass Fund.

Class Fund means the $3,200,000.00 (Three Million Two Hundred Thousand Dollars) that the City shall pay on the Effective Date to the Claims Administrator, less any money advance to the Claims Administrator. This amount shall be used to pay all claims by the Class Members, all attorney’s fees and costs, and all Administrative Costs, in satisfaction of all claims of Class Members. Any money not so claimed shall be handled in accordance with Paragraph 47.

Class Fund means the amount of seventeen million, five hundred thousand dollars ($17,500,000) to be paid by the City for all Class Member claims, the service award to the Class Representative, Administrative Costs, and Class Counsel’s own past, present, and future fees and costs. The Class Fund is subject to increase in the event the return rate is higher than 40% as set forth below in paragraph 48 and is subject to reversion to the City of New York in the event the return rate is lower than 20% as set forth below in paragraph 48.

Class Fund means a fund maintained in accordance with clause 9 of the Trust Instrument, each such fund being attributable to a separate class or classes of units regulated by class rules pertaining to that class fund.

Class Fund means a Fund that is a Class of Norrep Opportunities or of Norrep Core Portfolios.

Class Fund means the Net Settlement Fund less the amounts paid for the Attorneys’ Fee Award and the Incentive Awards.

Class Fund means the aggregate, gross amount the Parties propose be paid to the Settlement Class as Settlement Awards pursuant to this Settlement. Subject to approval by the Superior Court, the aggregate, gross amount paid to the Settlement Class as part of the Settlement of this Case shall be Thirty-Two Thousand, Five Hundred Dollars ($32,500.00).