Settlement Amount Excess definition
Settlement Amount Excess means the amount, if any, of the Total Settlement Amount remaining after: (a) distribution of the Benefit Checks and the expiration of the period for Class Members to negotiate Benefit Checks; (b) payment of the Class Representative Award, if any, to Representative Plaintiffs; (c) payment of the Attorney Fee/Litigation Cost Award, if any, to Class Counsel; (d) payment of the Class Representatives’ statutory damages; and (e) payment of the Settlement Administration Costs.