Net Settlement Payments definition

Net Settlement Payments means the “Net Sub-Class 1 Payments” and the “Net Sub-Class 2 Payments.”
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Net Settlement Payments means aggregate cash payments by the Parent, the Issuer or any Restricted Subsidiary in connection with the settlement of any litigation claim (or any cash payment made by the Parent, the Issuer or a Restricted Subsidiary to an affiliate, including TerraForm, in consideration of the settlement of any litigation claim), excluding (A) payments in respect of professional fees and expenses, (B) payments reimbursed or any amount reasonably expected to be covered by insurance and (C) payments with respect to which reimbursement has actually been received from any party other than Terraform or any of its Subsidiaries.
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Examples of Net Settlement Payments in a sentence

  • Any and all Employer Taxes which Flowserve normally would be responsible for paying on the Net Settlement Payments made to individual Class Members will be paid by Flowserve independent of the Settlement Amount.

  • You agree to be bound by the terms of the national DNS registration authorities to which you become subject upon registration of your domain name.

  • For tax purposes, Net Settlement Payments will be allocated as follows: One Third (1/3) of each Participating Settlement Class Member’s Individual Class Payment will be allocated to settlement of wage claims (the “Wage Portion”).

Related to Net Settlement Payments

  • 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 Settlement Fund means the Settlement Fund less: (i) any Taxes;

  • Individual Settlement Payment means the amount payable from the Net

  • Gross Settlement Amount means $950,000.00 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.

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.