Settlement Fund Balance definition

Settlement Fund Balance means the balance remaining in the Settlement Fund after payment of (i) all costs of notice and administration (including the Periodic Payments as defined in Section IV.A.1.a herein and the other amounts referred to in Section IV.A.2.(a) and (b), (ii) the Service Award (as defined in Section IX.A herein) to the Plaintiffs, and (iii) the Attorneys’ Fees and Expenses.
Settlement Fund Balance means the Settlement Fund net of: any Taxes paid in connection with the Settlement Amount or the Settlement Fund, any banking transaction costs and banking fees related to the Initial Escrow Account and/or the investment of the Settlement Amount pursuant to the terms of the Initial Escrow Agreement, and any Notice and Administration Expenses paid in accordance with ¶¶ 23-25 below. The Settlement Fund Balance shall be transferred from the Initial Escrow Account to the Final Escrow Account in accordance with ¶ 6(e) below. The Settlement Fund Balance, while on deposit in the Initial Escrow Account, shall remain the property of Xx. Xxxxx’x, and Xx. Xxxxx’x shall be entitled to recover or pay from the Settlement Fund Balance: any Taxes with respect to the Settlement Amount or the Settlement Fund Balance, and any banking transaction costs and banking fees related to the Initial Escrow Account and the investment of the Settlement Fund Balance pursuant to the terms of the Initial Escrow Agreement. After the Settlement Fund Balance is transferred to the Final Escrow Account, any Taxes with respect to the Settlement Amount or the Settlement Fund Balance and any banking transaction costs and banking fees related to the Final Escrow Account and the investment of the Settlement Fund Balance pursuant to the terms of the Final Escrow Agreement shall be paid from the Settlement Fund Balance.
Settlement Fund Balance means the balance remaining in the Settlement Fund

Examples of Settlement Fund Balance in a sentence

  • If the total of the timely, valid and approved Claims submitted by Class Members exceeds the Settlement Fund Balance, each eligible Class Member’s Initial Claim Amount shall be reduced on a pro rata basis, such that the aggregate value of the cash payments pursuant to valid Claims does not exceed the Settlement Fund Balance.

  • Within ten (10) calendar days after the Final Settlement Date, Defendant shall pay or cause to be paid to the Settlement Administrator an amount equal to the Settlement Fund Balance to be used for the payment of Claims of Class Members.

  • Gift loans to a charitable organization such as Kiva are generally considered to have “no significant effect” on the federal tax liability of either the borrower or the lender,79 and thus escape the recharacterization imposed by Section 7872.80 This result is consistent with an analysis of the individual factors considered to determine whether a below-market loan has a significant tax effect.

  • The parties will request eighty (80%) percent ($2,160,000.00)1 of the Settlement Fund Balance to be allocated to the Pre- and Post-Shift Time Settlement Pool.

  • The Settlement Fund Balance will be divided among Class Members on a household basis.

  • Budget Amendment to Appropriate Funds from the Medicaid Cost Settlement Fund Balance for Purchase of Public Health Preparedness Vehicle – Approved Budget Amendment #32, as recorded below, to appropriate $34,760 in Medicaid Cost Settlement fund balance in the General Fund for the purchase of a Public Health Preparedness vehicle (Pickup Truck) [Anticipated cost of the vehicle is $34,750.

  • Five Hundred Eighty-Three Thousand Ninety-One Dollars and Ninety Cents ($583,091.90), representing the Settlement Fund Balance, to be allocated to the Class Members as described above for wages allegedly owed.

  • It is recognized and understood that this non-speculative active management of Portfolio holdings may cause a loss on the sale of an owned investment.

  • Budget Amendment to Appropriate Funds from the Medicaid Cost Settlement Fund Balance for Purchase of a Vehicle for the Division of Public Health - Approved Budget Amendment #12, as recorded below, to appropriate $18,000 in Medicaid Cost Settlement fund balance in the General Fund for the purchase of a vehicle for the Division of Public Health.

  • The emotional harm and stress [relative] will suffer if Petitioner is removed to [country] may put [her/his] physical and mental health at risk.


More Definitions of Settlement Fund Balance

Settlement Fund Balance means the balance remaining in the Settlement Fund after payment of (i) all costs of notice and administration (including all notices required under 28 U.S.C. § 1715, Periodic Payments as defined in Section IV.A.1.a herein, the other amounts referred to in Sections IV.A.2.a and IV.A.2.b), and any other amounts owed to the Settlement Administrator, (ii) the Service Award (as defined in Section IX.A herein) to the Plaintiff, and (iii) the Attorneys’ Fees and Expenses.
Settlement Fund Balance means the “Residual Amount.”
Settlement Fund Balance means the remainder of the Settlement Fund after the
Settlement Fund Balance means the balance remaining in the Settlement Fund after payment of (i) all costs of notice and administration, (ii) the Enhancement Payments as approved by the Court, and (iii) the Attorneys’ Fees and Expenses.
Settlement Fund Balance means the balance remaining in the Settlement Fund after payment of (a) all costs of notice and settlement administration, (b) the incentive awards to the Named Plaintiffs as approved by the Court (“Incentive Awards”), and (c) the Attorneys’ Fees and Expenses.

Related to Settlement Fund Balance

  • Fund balance is the value of the Accumulation Fund, determined pursuant to Section 1.4.

  • Specified Reserve Fund Balance means, on the Closing Date $3,846,153.85, and with respect to any Payment Date 0.25% of the initial aggregate principal balance of the Receivables as of the Cutoff Date.

  • Settlement Funds means the amount of funds in the Qualified Settlement Fund.

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

  • Initial Monthly Payment Fund An amount representing scheduled principal amortization and interest at the Net Mortgage Rate for the Due Date in the first Due Period commencing subsequent to the Cut-off Date for those Mortgage Loans for which the Trustee will not be entitled to receive such payment, and as more specifically defined in the Series Supplement.

  • Excess Funds Subaccount is defined in Section 8.02(a) of the Indenture.

  • Aggregate Targeted Balance With respect to any group of Targeted Principal Classes or Components and any Distribution Date, the amount set forth for such group for such Distribution Date in Schedule V hereto.

  • Pre-Funded Amount With respect to any date of determination, the amount on deposit in the Pre-Funding Account.

  • Class PO Deferred Amount As to any Distribution Date, the aggregate of the applicable PO Percentage of each Realized Loss, other than any Excess Loss, to be allocated to the Class PO Certificates on such Distribution Date on or prior to the Senior Credit Support Depletion Date or previously allocated to the Class PO Certificates and not yet paid to the Holders of the Class PO Certificates.

  • Reserve Fund Required Amount means, (i) for any Payment Date on which the Note Balance is greater than $0, $4,787,603.48 (i.e., 0.25% of the Cutoff Date Adjusted Pool Balance) or (ii) if the Notes have been paid in full, $0.

  • Class A-PO Deferred Amount For any Distribution Date prior to the Subordination Depletion Date, the difference between (A) the sum of (x) the amount by which the sum of the Class A-PO Optimal Principal Amounts for all prior Distribution Dates exceeded the amounts distributed on the Class A-PO Certificates on such prior Distribution Dates pursuant to Paragraph third clause (2) of Section 4.01(a) and (y) the sum of the product for each Discount Mortgage Loan which became a Liquidated Loan at any time on or prior to the last day of the Applicable Unscheduled Principal Receipt Period for Full Unscheduled Principal Receipts for the current Distribution Date of (a) the PO Fraction for such Discount Mortgage Loan and (b) an amount equal to the principal portion of Realized Losses (other than Bankruptcy Losses due to Debt Service Reductions) incurred with respect to such Discount Mortgage Loan and (B) the sum of (x) the sum of the Class A-PO Recoveries for such Distribution Date and prior Distribution Dates and (y) amounts distributed on the Class A-PO Certificates on prior Distribution Dates pursuant to Paragraph fourth of Section 4.01(a). On and after the Subordination Depletion Date, the Class A-PO Deferred Amount will be zero. No interest will accrue on any Class A-PO Deferred Amount.

  • Class Balance With respect to any Class of Certificates, at any time, the aggregate of the Certificate Balances of all Outstanding Certificates of such Class.

  • Loan Group Balance As to each Loan Group, the aggregate of the Stated Principal Balances of the Mortgage Loans in such Loan Group that were Outstanding Mortgage Loans at the time of determination.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Targeted Balance With respect to any group of Targeted Principal Classes or Components in the aggregate and any Distribution Date appearing in Schedule V hereto, the Aggregate Targeted Balance for such group and Distribution Date. With respect to any other Targeted Principal Class or Component and any Distribution Date appearing in Schedule V hereto, the applicable amount appearing opposite such Distribution Date for such Class or Component.

  • Aggregate Planned Balance With respect to any group of Planned Principal Classes or Components and any Distribution Date, the amount set forth for such group for such Distribution Date in Schedule V hereto.

  • Assumed Balance With respect to any Distribution Date, Class of Subordinated Certificates and Loan Group, each such Class' pro rata interest (based on their respective Class Certificate Balances) in such Loan Group equal to the product of the Subordinated Percentage for such Loan Group as of such Distribution Date and the aggregate Stated Principal Balance of each Mortgage Loan in such Loan Group as of the Due Date occurring in the month preceding the month of such Distribution Date (after giving effect to Principal Prepayments received in the Prepayment Period related to such prior Due Date).

  • Planned Balance With respect to any group of Planned Principal Classes or Components in the aggregate and any Distribution Date appearing in Schedule V hereto, the Aggregate Planned Balance for such group and Distribution Date. With respect to any other Planned Principal Class or Component and any Distribution Date appearing in Schedule V hereto, the applicable amount appearing opposite such Distribution Date for such Class or Component.

  • Company Contribution Amount means, for any one Plan Year, the amount determined in accordance with Section 3.5.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.

  • Annual Deferral Amount means that portion of a Participant's Base Annual Salary and Annual Bonus that a Participant elects to have, and is deferred, in accordance with Article 3, for any one Plan Year. In the event of a Participant's Retirement, Disability (if deferrals cease in accordance with Section 8.1), death or a Termination of Employment prior to the end of a Plan Year, such year's Annual Deferral Amount shall be the actual amount withheld prior to such event.

  • Principal Funding Account Balance means, with respect to any date of determination, the principal amount, if any, on deposit in the Principal Funding Account on such date of determination.

  • Payment Fund has the meaning set forth in Section 2.02(a).

  • Monthly Distribution Date means the "Distribution Dates" set forth under "Summary of Essential Financial Information--Estimated Distributions" in the Prospectus Part I for a Trust.