Class Proceedings Fund definition

Class Proceedings Fund means the Class Proceedings Fund of the Law Foundation of Ontario as provided for by section 59.1 of the Law Society Act;
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Class Proceedings Fund means the entity established by the Law Foundation of Ontario to provide financial assistance to plaintiffs in Ontario class actions pursuant to the Law Society Act, R.S.O. 1990, c. L.8.
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Class Proceedings Fund means the Class Proceedings Fund of the Law Foundation of Ontario;
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Examples of Class Proceedings Fund in a sentence

  • Fourth, to pay the levy to the Ontario Class Proceedings Fund pursuant to Class Proceedings, ▇.

  • The $37 million, less the lawyers’ fees, disbursements and taxes, the costs of administration of the settlement and the amount owed to the Class Proceedings Fund will be distributed to the Class in accordance with a plan of allocation.

  • Semi-annually, Money Mart will pay to the Class Proceedings Fund 10% of all Transaction Credits and the Unused Credits as they are used for the benefit of Money Mart’s customers, in accordance with clause 3(g).

  • The Net Settlement Funds are the Settlement Fund, inclusive of all accrued interest, and after deduction of the court approved Class Counsel fees, the levy payable to the Class Proceedings Fund, any honoraria payable to the Representative Plaintiffs or others, and all costs of the Administration of the Settlement.

  • Distributions to Ontario Class Members will be subject to a ten (10) percent deduction for the Class Proceedings Fund.

  • Distributions to the Ontario Class Members will be subject to a ten (10) percent deduction for the Class Proceedings Fund.

  • The Class Proceedings Fund is entitled to 10% of the compensation payable to the Class and the repayment of all funds advanced by it to prosecute the Action.

  • Further information about the Class Proceedings Fund can be found at ▇▇▇▇▇://▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇.▇▇/for-lawyers-and-paralegals/class-proceedings-fund/.

  • The compensation of Ontario Claimants will be subject to a ten (10) percent deduction for the Class Proceedings Fund, which provided funding and an indemnity for the Ontario Action.

  • In the event that the balance remaining in the Escrow Account is not sufficient to warrant a further distribution, the balance shall be distributed cy près (and consistently with article 596 CCP, paragraph 3, of the Quebec Code of Civil Procedure) to a recipient or recipients approved by the Courts and to pay any further Class Proceedings Fund ▇▇▇▇ and any further amounts to which the Fonds d’aide aux actions collectives in Quebec may be entitled.


More Definitions of Class Proceedings Fund

Class Proceedings Fund has the same meaning as defined in section 59.1 of the
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Related to Class Proceedings Fund

  • the London Bombings Relief Charitable Fund means the company limited by guarantee (number 5505072), and registered charity of that name established on 11th July 2005 for the purpose of (amongst other things) relieving sickness, disability or financial need of victims (including families or dependants of victims) of the terrorist attacks carried out in London on 7th July 2005;

  • Class UT-R Interest The residual interest in the Upper-Tier REMIC as described in the Preliminary Statement and the related footnote thereto.

  • Class A Floating Allocation means, with respect to any Monthly Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class A Adjusted Investor Interest as of the close of business on the last day of the preceding Monthly Period and the denominator of which is equal to the Adjusted Investor Interest as of the close of business on such day; provided, however, that, with respect to the first Monthly Period, the Class A Floating Allocation shall mean the percentage equivalent of a fraction, the numerator of which is the Class A Initial Investor Interest and the denominator of which is the Initial Investor Interest.

  • REMIC II Principal Loss Allocation Amount With respect to any Distribution Date, an amount equal to (a) the product of (i) 50% of the aggregate Stated Principal Balance of the Mortgage Loans and REO Properties then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the aggregate of the Uncertificated Balances of REMIC II Regular Interest A-1, REMIC II Regular Interest A-2A, REMIC II Regular Interest A-2B, REMIC II Regular Interest A-2C, REMIC II Regular Interest A-2D, REMIC II Regular Interest M-1, REMIC II Regular Interest M-2, REMIC II Regular Interest M-3, REMIC II Regular Interest M-4, REMIC II Regular Interest M-5, REMIC II Regular Interest M-6, REMIC II Regular Interest M-7, REMIC II Regular Interest M-8, REMIC II Regular Interest M-9, REMIC II Regular Interest M-10, REMIC II Regular Interest M-11 and the denominator of which is the aggregate of the Uncertificated Balances of REMIC II Regular Interest A-1, REMIC II Regular Interest A-2A, REMIC II Regular Interest A-2B, REMIC II Regular Interest A-2C, REMIC II Regular Interest A-2D, REMIC II Regular Interest M-1, REMIC II Regular Interest M-2, REMIC II Regular Interest M-3, REMIC II Regular Interest M-4, REMIC II Regular Interest M-5, REMIC II Regular Interest M-6, REMIC II Regular Interest M-7, REMIC II Regular Interest M-8, REMIC II Regular Interest M-9, REMIC II Regular Interest M-10, REMIC II Regular Interest M-11 and REMIC II Regular Interest ZZ.

  • Class Interest Shortfall As to any Distribution Date and Class, the amount by which the amount described in clause (i) of the definition of Class Optimal Interest Distribution Amount for such Class exceeds the amount of interest actually distributed on such Class on such Distribution Date pursuant to such clause (i).