Enhancement Payments definition

Enhancement Payments means, collectively, the Named Plaintiff Enhancement, the Declarant Enhancement, and the Sample Opt In Plaintiff Enhancement, as defined herein.

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Enhancement Payments means the amount of money (up to a total of 10 $30,000) to be paid by Defendant to the six Named Plaintiffs. Prior to the submission of the motion 12 payments of $5,000 each to the six Named Plaintiffs, for a total of $30,000, in recognition of their 13 work in this Civil Action on behalf of the FLSA Class Members and California Rule 23 Class

Enhancement Payments means the amount approved by the Court to be paid to the Named Plaintiff and Opt-In Plaintiffs, in addition to their respective payment under the Settlement Formula, in recognition of their efforts in coming forward as Named Plaintiff and Opt-In Plaintiffs and services provided to the Notice Recipients. Enhancement Payments shall be considered non-wages for which IRS Form 1099 will be issued to the Named Plaintiff and Opt-In Plaintiffs. The Claims Administrator shall not disburse any Enhancement Payments unless and until the Named Plaintiff and Opt-In Plaintiffs have provided the Claims Administrator with appropriate IRS Forms W-9 for such allocation.

Examples of Enhancement Payments in a sentence

Payroll tax withholdings and deductions will not be taken from the Class Representative Enhancement Payments.
The obligation of the Seller to remit Enhancement Payments will terminate when the Seller Loss Coverage Amount has been reduced to zero.
Payment of (i) the Maturity Payment or Accelerated Maturity Payment, as the case may be, and (ii) the Yield Enhancement Payments, if any, with respect to this Security will be made at the office or agency of the Company maintained for that purpose in the Borough of Manhattan, The City of New York, in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts.
No reference herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay (i) the Maturity Payment or Accelerated Maturity Payment, as the case may be, and (ii) the Yield Enhancement Payments, if any, with respect to this Security at the time, place and rate, and in the coin or currency, prescribed in the Indenture.
The obligation of the Seller to remit Enhancement Payments will terminate when the Loss Coverage Amount has been reduced to zero.
The Settlement Administrator will pay the Class Representative Enhancement Payments out of the Qualified Settlement Fund.
In the event the Court does not approve the entirety of the application for the Class Representative Enhancement Payments, the Settlement Administrator shall pay whatever amount the Court awards, and neither Defendant nor the Settlement Administrator shall be responsible for paying the difference between the amount requested and the amount awarded.
An award by the Court of a lesser amount than sought by Plaintiffs and Class Counsel for the Class Representative Enhancement Payments, the Attorney Fee Award, and/or the Cost Award, will not constitute a material modification to the Settlement within the meaning of this paragraph.
Deferred Yield Enhancement Payments shall be due on the next succeeding Payment Date except to the extent that payment is deferred pursuant to this Section.
The Company shall at all times prior to the Final Settlement Date reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock the full number of shares of Common Stock issuable (x) against tender of payment in respect of all Purchase Contracts constituting a part of the Securities evidenced by Outstanding Security Certificates and (y) in payment of Deferred Yield Enhancement Payments, if any, owed by the Company to the Holders.

More Definitions of Enhancement Payments

Enhancement Payments means the amount to be paid to Plaintiffs from the Settlement 2 Amount for their service on behalf of Class Members, and in consideration of their execution of a 3 General Release as detailed in Paragraph 47, subject to the Effective Date. Plaintiffs will each seek no 4 more than Seven Thousand Five Hundred Dollars ($7,500.00) in recognition of their service. Defendants 5 will not oppose this request. Any portion of the Enhancement Payment not awarded by the Court to 6 Plaintiffs shall be added to the Net Settlement Amount to be distributed among Participating Class

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Enhancement Payments means the amounts to be paid to Plaintiffs in recognition of 20 their effort and work in prosecuting the Actions, and for their general release of claims. Subject to the 22 appeals, Plaintiffs will request Court approval of Enhancement Payments not in excess of Fifteen 23 Thousand Dollars ($15,000), each, to Bechere, Kawai-Way, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, and ▇▇▇▇▇, 24 and Five Thousand Dollars ($5,000) to ▇▇▇▇▇.

Enhancement Payments means the payments to the Representative Plaintiffs for