Maximum Settlement Amount definition

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

Maximum Settlement Amount means $7,727,500.00, and is the maximum amount payable by Defendants related to this settlement, and is inclusive of all moneys expended pursuant to this settlement, including, without limitation, Plaintiffs’ attorney’s fees and costs, payments to the settlement administrator, settlement payments to class members, enhancement payments to the Named Plaintiffs, and all payroll taxes associated with the settlement payments taxable as wages as set forth in the Settlement Agreement.

Maximum Settlement Amount means the maximum amount Defendants may be required to pay pursuant to this Settlement, which is the sum of One Hundred and Twenty-Five Thousand Dollars ($125,000.00), excluding any of Established Moving’s employer-side share of FICA, FUTA, and other similar, mandatory employer-side payroll taxes. In no event shall the Maximum Settlement Amount exceed the foregoing sum.

Examples of Maximum Settlement Amount in a sentence

• The Service Awards shall be paid out of the Maximum Settlement Amount.

• The Attorneys’ Fees and Costs Award shall be paid out of the Maximum Settlement Amount.

• The Full Release Awards shall be paid out of the Maximum Settlement Amount.

• Subject to approval of the Settlement by the Superior Court, Defendant agrees to deposit the Maximum Settlement Amount into a Qualified Settlement Fund (“QSF”) set up by the Settlement Administrator for purposes of processing the Settlement and paying the Service Awards, Full Release Awards, the Settlement Administration Expenses Award, the Attorney’s Fees and Costs Award, and the Settlement Awards.

• As part of seeking the Superior Court’s final approval of this Settlement, Class Counsel will apply to the Superior Court for an Attorney’s Fees and Costs Award of no more than thirty percent (30%) of the Maximum Settlement Amount (i.e., apply for 30% of the Maximum Settlement Amount of Three Hundred Thousand Dollars ($300,000)), plus up to an additional Five Thousand Dollars ($5,000) for actual litigation costs.

More Definitions of Maximum Settlement Amount

Maximum Settlement Amount or (“MSA”) means the maximum sum to be paid

Maximum Settlement Amount means the maximum amount of Six Million Dollars ($6,000,000.00) that Defendant shall pay as a result of this Stipulation of Settlement.

Maximum Settlement Amount means the maximum amount Defendant shall

Maximum Settlement Amount means the total maximum amount that Defendants have agreed to pay to settle this Action in exchange for a full release, which is $3.1 million in the aggregate. The following expenses and costs shall be deducted from the Maximum Settlement Amount: (i) the amount awarded to Class Counsel for attorneys’ fees and costs/expenses, up to 30% of the Maximum Settlement Amount; (ii) any Class Representative Service Awards, if any; (iii) the cash portion of the Benefit to Class Members for Valid Claims; and (iv) Class Notice and Claims Administration Expenses, up to $275,000. The Maximum Settlement Amount will not include costs related to implementing the Programmatic Relief. In the event that the Valid Claims, Class Counsel’s fees, Class Notice and Claims Administration Fees, and Class Representatives’ fees exceed the Maximum Settlement Amount, then the Benefit paid to each Class Member will be reduced pro rata. For the avoidance of doubt, Defendants will not be required to pay the Benefit into an account, but can instead pay the Benefit directly to Class Members. The Maximum Settlement Amount represents the limit and extent of Defendants’ monetary obligations under this Settlement.

Maximum Settlement Amount means the amount of two-hundred and fifty- thousand dollars ($250,000) that Defendant shall pay as a result of this Stipulation of Settlement.

Maximum Settlement Amount means the maximum amount Defendants shall have

Maximum Settlement Amount means the maximum settlement amount of One