Settlement Fund definition

Settlement Fund means the Settlement Amount plus any and all interest earned thereon.

Settlement Fund means the Settlement Amount and any interest earned thereon.

Settlement Fund means the Settlement Amount plus all interest and accretions thereto.

Examples of Settlement Fund in a sentence

• Payment of the Fee Award shall be made from the Qualified Settlement Fund.

• The Court will hear objections, determine if the settlement is fair, and consider Class Counsel’s request for fees and expenses of up to $4,250,000 and incentive awards, which if granted, will be paid out of the Settlement Fund.

• The amount of any such award, and any interest attributable to said amount(s) while in escrow, shall also be deducted from the Settlement Fund to determine the Net Settlement Fund from which any award of attorney’s fees to Plaintiffs’ Counsel shall be deducted before the balance is distributed to the Countrywide Settlement Class Members as the Net Distributable Settlement Fund in accordance with Schedule A.

• The amount of any incentive award approved by the Court, and any interest attributable to said amount while in escrow, shall be deducted from the Settlement Fund to determine the Net Settlement Fund from which any award of attorney’s fees to Plaintiffs’ Counsel shall be deducted before the balance is distributed to the Countrywide Settlement Class Members as the Net Distributable Settlement Fund in accordance with Schedule A.

• To the extent the Court awards expenses and/or costs in an amount that is less than the not to exceed amount stated above, the difference and any interest attributable to the amount of the difference while in escrow, shall be included in and treated as a part of the Net Settlement Fund.

More Definitions of Settlement Fund

Settlement Fund means the Settlement Amount plus any and all interest

Settlement Fund means all funds transferred to the Escrow Account pursuant to this Stipulation and any interest or other income earned thereon.

Settlement Fund means the funds described in Section II(A) of this Settlement Agreement, plus accrued interest, in the separate Escrow Account for the settlement contemplated by this Settlement Agreement established in accordance Section II(C) below.

Settlement Fund means the interest-bearing, settlement fund account to be established and maintained by the Escrow Agent in accordance with Article 5 herein and referred to as the Qualified Settlement Fund (within the meaning of Treas. Reg. § 1.468B-1).

Settlement Fund means the Settlement Amount, together with all interest and income earned thereon after being transferred to the Escrow Account.

Settlement Fund means the Settlement Amount plus all interest and accretions thereto and which may be reduced by payments or deductions as provided herein or by Court order.

Settlement Fund means the Settlement Amount and any interest earned