Final Settlement Statement has the meaning set forth in Section 2.6(b).
Settlement Statement has the meaning set forth in Section 3.2(a).
Preliminary Settlement Statement shall have the meaning given such term in Section 3.2.
Payment Statement As defined in Section 6.01 hereof.
Gross Settlement Amount means $633,000.00 which is the total amount Defendant agrees to pay under the Settlement except as provided in Paragraph 9 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.
Earn-Out Statement has the meaning set forth in Section 2.5(c).
Adjustment Statement has the meaning set forth in Section 2.6(a).
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.
Maximum Settlement Amount means $500,000,000 as amended or modified in accordance with Appendix E.
Monthly Settlement Date means the 25th day of each calendar month (or if such day is not a Business Day, the next occurring Business Day).
Post-Closing Adjustment Amount has the meaning set forth in Section 2.2(a).
Final Adjustment Statement has the meaning set forth in Section 2.6(c).
Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).
Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist of:
Cash Settlement Averaging Period means, with respect to any Note as to which Cash Settlement or Combination Settlement is applicable, the 45 consecutive Trading Day period beginning on, and including, the second Trading Day immediately following the related Conversion Date; except that “Cash Settlement Averaging Period” means, with respect to any Conversion Date occurring during the Final Conversion Period, the 45 consecutive Trading Day period beginning on, and including, the 46th Scheduled Trading Day immediately preceding the Maturity Date.
Standard Settlement Period means the standard settlement period, expressed in a number of Trading Days, on the Company’s primary Trading Market with respect to the Common Stock as in effect on the date of delivery of the Notice of Exercise.
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.
Final Settlement Date has the meaning set forth in Section 2.4(c).
Final Closing Statement has the meaning set forth in Section 2.4(a).
Cash Settlement Amount means, in respect of every Board Lot, an amount calculated by the Issuer in accordance with the following formula (and, if appropriate, either (I) converted (if applicable) into the Settlement Currency at the Exchange Rate or, as the case may be, (II) converted into the Interim Currency at the First Exchange Rate and then (if applicable) converted into Settlement Currency at the Second Exchange Rate):
Individual Settlement Payment means the amount payable from the Net
Settlement Report a report summarizing Revolver Loans and participations in LC Obligations outstanding as of a given settlement date, allocated to Lenders on a Pro Rata basis in accordance with their Revolver Commitments.
Call Settlement Date means the fifth Business Day following the last Index Business Day in the Call Measurement Period.
Post-Closing Statement has the meaning set forth in Section 3.3(c).