Fund Settlement Amount definition

Fund Settlement Amount means the total principal amount of $6 million ($6,000,000.00) in cash.
Sample 1

Examples of Fund Settlement Amount in a sentence

  • In the event the Court awards Class Counsel fees of less than $500,000 of the Common Fund Settlement Amount, upon such an order becoming final, the difference will be used to increase the Net Settlement Consideration and shall be distributed by the Claims Administrator in equal amounts to each Participating Class Member.

  • Is this facility subject to 42 CFR Section §412.106(c)(2)(Pickle amendment hospital?) In column 2, enter "Y" for yes or "N" for no.

  • The cost to administer the Settlement as well as attorneys’ fees, litigation expenses and payments to the Class Representative will also come out of the Common Fund Settlement Amount (see Question 10).

  • Defendants shall have no input, responsibility, or liability for any claims, payments, or determinations by the Claims Administrator in respect of Class Member claims for payment under the Settlement from the Net Common Fund Settlement Amount.

  • If the Common Fund Settlement Amount is not timely paid to the Common Fund Account when due, Co-Lead Counsel may terminate the Settlement, but only if (i) Co-Lead Counsel has notified Defendants’ Counsel in writing of Co-Lead Counsel’s intention to terminate the Settlement, and (ii) the Common FundSettlement Amount is not transferred to the Common Fund Escrow Agent within ten (10) business days after Co-Lead Counsel have provided such written notice.

  • As a result of those negotiations, the Funds shall receive the Fund Settlement Amount.

  • The Common Fund Escrow Agent shall invest the Common Fund Settlement Amount deposited pursuant to ¶22(a) in instruments backed by the full faith and credit of the United States Government or fully insured by the United States Government or an agency thereof, or in an account fully insured by the United States Government or an agency thereof, and shall reinvest the proceeds of these instruments as they mature in similar instruments at their then-current market rates.

  • The Common Fund Escrow Agent may, without any further consent from Defendants or an order from the Court, use the funds in the Common Fund Settlement Account to pay costs and expenses reasonably and actually incurred in connection with providing noticeto the Class, processing Proofs of Claim, distributing the Net Common Fund Settlement Amount to Authorized Claimants, and paying taxes, if any.

  • To determine each Class Member’s share of the Class Fund Settlement Amount, the Settlement Administrator will use the following formula: Individual Class Payment = individual Class Member’s total Pay Periods during the Class Period ÷ all Class Members’ total Pay Periods during the Class Period × Class Fund Settlement Amount.

  • Notwithstanding the foregoing, Co-Lead Counsel shall have the unilateral discretion, but not the obligation, to accept late-submitted claims for processing so long as the distribution of the Net Common Fund Settlement Amount is not materially delayed thereby.

Related to Fund Settlement Amount

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

  • Gross Settlement Amount means Two Hundred Forty Thousand Dollars and Zero Cents ($240,000.00) which is the total amount Defendant agrees to pay under the Settlement. The Gross Settlement Amount will be used to pay Individual Settlement Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, Class Representative Service Payment, and the Administration Expenses.

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist of:

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Net Share Settlement Amount For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Maximum Settlement Amount means $500,000,000 as amended or modified in accordance with Appendix E.

  • Early Settlement Amount has the meaning specified in Section 5.9(a).

  • Settlement Amount means, with respect to a party and any Early Termination Date, the sum of: --

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • Physical Settlement Amount For any Settlement Date for which Physical Settlement is applicable, an amount in cash equal to the product of (a) the Forward Price in effect on the relevant Settlement Date multiplied by (b) the Settlement Shares for such Settlement Date.

  • Cash Settlement Payment Date means in relation to a Series of Notes, the date specified as such or otherwise determined as provided in the relevant Final Terms.

  • Cash Settlement Date means, for each Financially Settled Futures Transaction, the Business Day determined by Exchange from time to time in accordance with industry practice for such Transaction, as posted on Exchange’s Website not less than one month prior to the occurrence of such date, other than Invoices issued as a result of a Contracting Party’s Default or under the Close- out Procedure which amounts require payment immediately;

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • Cash Settlement Averaging Period means (a) with respect to any Conversion Date occurring on or after the 24th Scheduled Trading Day immediately preceding the Maturity Date, the twenty (20) consecutive Trading Day period ending on, and including, the third Scheduled Trading Day immediately preceding the Maturity Date and (b) in all other cases, the twenty (20) consecutive Trading Day period beginning on, and including, the third Trading Day immediately following the relevant Conversion Date.

  • Call Settlement Date means the fifth Business Day following the last Index Business Day in the Call Measurement Period.

  • Share Settlement means a number of shares of Class A Common Stock (together with any Corresponding Rights) equal to the number of Redeemed Units.

  • Qualified Settlement Fund or “Settlement Fund” means the interest-bearing, settlement fund account to be established and maintained by the Escrow Agent in accordance with Article 5 herein and referred to as the Qualified Settlement Fund (within the meaning of Treas. Reg. § 1.468B-1).

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Section 3.3 of the Operating Agreement.

  • CCASS Settlement Day means the term “Settlement Day” as defined in the General Rules of CCASS.

  • Net Share Settlement Amount: For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Structured settlement means an arrangement for periodic payment of damages for personal injuries established by settlement or judgment in resolution of a tort claim or for periodic payments in settlement of a workers’ compensation claim.

  • Gross Settlement Fund means the Settlement Amount plus all interest earned thereon.

  • Disruption Cash Settlement Price means in respect of each Security, an amount in the Settlement Currency equal to the fair market value of the Share Amount (taking into account, where the Settlement Disruption Event affected some but not all of the Shares comprising the Share Amount and such non-affected Shares have been duly delivered as provided above, the value of such Shares), less the cost to the Issuer of unwinding any underlying related hedging arrangements, all as determined by the Issuer.

  • Individual Settlement Payment means the amount payable from the Net

  • Scheduled Settlement Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Structured settlement agreement means the agreement, judgment, stipulation, or release embodying the terms of a structured settlement.