Multiple NSF Fee Class definition

Multiple NSF Fee Class means those current or former members of Defendant who were assessed Multiple NSF Fees.
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Multiple NSF Fee Class means those current and former members of Defendant
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Multiple NSF Fee Class means those members of Defendant who were assessed Multiple NSF Fees, which shall mean nonsufficient funds fees that were charged and not refunded from June 25, 2009 to May 20, 2020 for ACH and check transactions that were re-submitted by a merchant after being rejected for insufficient funds.
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Examples of Multiple NSF Fee Class in a sentence

  • Defendant has agreed to create a Settlement Fund of $934,207.00, allocated 45% for the Sufficient Funds Fee Class and 55% for the Multiple NSF Fee Class.

  • Multiple NSF Fee Class: All current or former members of Defendant who were assessed Multiple NSF Fees on a consumer account.

  • It is possible to be a member of both the APPSN Fee Class and the Multiple NSF Fee Class.

  • Of the $1,139,000 paid into the Settlement Fund, $797,300 (70%) is allocated to the APPSN Fee Class and $341,700 (30%) is allocated to the Multiple NSF Fee Class.

  • If approved using the foregoing disbursements from the Settlement Fund, the estimated average Individual Payment for each member of the APPSN Fee Class is $68.23 and for the Multiple NSF Fee Class is $30.87.

  • As for the Multiple NSF Fee Class, Defendant will provide the Settlement Administrator with the name, address, account information, and amount of Multiple NSF Fees owed to each Settlement Class Member in the Multiple NSF Fees Class.

  • Assuming all of those requested disbursements are approved in full from the Settlement Fund, the Net Settlement Fund of $640,956.00 will be divided among all Class Members as follows and based on formulas described in the Settlement Agreement: $448,669.20 for the APPSN Fee Class and $192,286.80 for the Multiple NSF Fee Class.

  • Defendant has agreed to create a Settlement Fund of $1,139,000.00, allocated $797,300 for the APPSN Fee Class and $341,700 for the Multiple NSF Fee Class.

  • Of the $934,207.00 paid into the Settlement Fund, $420,393.15 (45%) is allocated to the Sufficient Funds Fee Class and $513,813.85 (55%) is allocated to the Multiple NSF Fee Class.

  • It is possible to be a member of both the Sufficient Funds Fee Class and the Multiple NSF Fee Class.


More Definitions of Multiple NSF Fee Class

Multiple NSF Fee Class means those customers of Glens Falls or Saratoga who, from July 1, 2014, to July 1, 2021, were assessed more than one NSF fee on a single payment transaction.
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Related to Multiple NSF Fee Class

  • Class C Percentage means at any time the percentage equivalent of a fraction, the numerator of which is the Outstanding Amount of the Class C Notes and the denominator of which is the sum of the Outstanding Amount of all the Notes.

  • Class C Invested Amount means, as of a date, an amount (not less than zero) equal to (a) the initial Note Balance of the Class C Notes, minus (b) the aggregate amount of any principal payments made to the Noteholders of the Class C Notes before that date, minus (c) the cumulative amount of unreimbursed Investor Charge-Offs applied to reduce the Class C Invested Amount under Section 4.3 of the Indenture Supplement before that date, minus (d) the cumulative amount of unreimbursed Reallocated Principal Collections applied to reduce the Class C Invested Amount under Section 4.4 of the Indenture Supplement before that date.

  • Class A-2-B Interest Rate means LIBOR + 0.27% per annum (computed on the basis of the actual number of days elapsed during the applicable Interest Period, but assuming a 360 day year); provided, however, that for any Interest Period for which the sum of LIBOR + 0.27% is less than 0.00%, the Class A-2-B Interest Rate shall be deemed to be 0.00%.

  • Class A-2 Component The Component having such designation.

  • Aggregate Class C Interest Distributable Amount With respect to any Distribution Date, the sum of (i) the Note Class Interest Distributable Amount for the Class C Notes as of such Distribution Date and (ii) the Class C Interest Carryover Shortfall as of the close of the preceding Distribution Date.