Net Settlement Sum definition

Net Settlement Sum means the Settlement Consideration minus the payment of (a) the Fee and Expense Award, (b) Plaintiffs’ Enhancement payments, and (c) the Settlement Administration Costs, all of which are described below.
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Net Settlement Sum means the Settlement Amount less all of the following: (i) Administrative Expenses, (ii) Class Counsel’s attorneys’ fees, (iii) reimbursement of Class Counsel’s litigation expenses, (iv) the service award payments to the class representatives, and
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Net Settlement Sum means the amount that will be available for payment to all
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Examples of Net Settlement Sum in a sentence

  • The Settlement Class Net Settlement Sum will be distributed to Participating Settlement Class Members in accordance with the Plan of Allocation, as approved by the Court.

  • Neither the Canary Released Parties nor their attorneys will have any responsibility or liability for the design or implementation of the Plan of Allocation or for the Claims Administrator’s determinations pertaining to payments from the Net Settlement Sum to Authorized Claimants.

  • All payments from the Net Settlement Sum shall be determined by the Claims Administrator pursuant to a plan of allocation to be proposed by Class Counsel and Fund Derivative Plaintiffs’ Counsel (or by the Court, or if the Court prefers, an individual appointed by the Court, in the event that Plaintiffs’ Counsel cannot agree on an allocation) (the “Plan of Allocation”), subject to the approval of the Court.

  • It is proposed that sixty (60%) per cent ( $31,538,438) of the Net Settlement Sum will be distributed to eligible VID180 Group Members and forty (40%) per cent ($21,025,626) to eligible VID182 Group Members.

  • Settlement Class Members will hold Class Counsel, the Parties, and Facebook’s counsel harmless and indemnify each of them for any liabilities, costs, and expenses, including attorneys’ fees, caused by any such taxing authority relating in any way to the tax treatment of the payment of the Net Settlement Sum to the Settlement Class.


More Definitions of Net Settlement Sum

Net Settlement Sum or “RS Net Settlement Sum” shall have the meaning set forth in paragraph 12 below;
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Net Settlement Sum means the portion of the Settlement Fund remaining after
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Net Settlement Sum or “NSS” means the Gross Settlement Sum less the amounts awarded to Class Counsel, Settlement Expenses, Named Plaintiffs’ Settlement Payments, and the Service Payment to Plaintiff Xxxxxx.
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Net Settlement Sum means the portion of the Total Maximum Settlement Amount
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Net Settlement Sum means the Gross Settlement Sum less the amount of Class Counsel’s Attorneys’ Fees Award, notice and administrative costs, and the Incentive Awards as set forth in Section VI.C. of this Agreement.
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Net Settlement Sum means the amount remaining after all
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Net Settlement Sum means the Gross Settlement Amount minus the payment of (a) the PAGA Settlement Amount, (b) the Fee and Expense Award, (c) the General Release Payment, (d) the Settlement Administration Costs, and (e) Defendants’ share of Withholdings and Taxes, all of which are described below.
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