Settlement Funds definition

Settlement Funds means the amount of funds in the Qualified Settlement Fund paid by 3M pursuant to this Settlement Agreement and any interest that accrues thereon.

Settlement Funds means Standard Settlement Funds and Maximizing Settlement Funds.

Settlement Funds means moneys allocated to this state from the environmental mitigation trust specified in par. (d) and received by the state from the trustee.

Examples of Settlement Funds in a sentence

• In no event shall Tyco have any liability whatsoever with respect to the Settlement Funds once they are paid to the Qualified Settlement Fund in accordance with this Agreement and as specified in this Section 6.

• All legal expenses and attorneys’ fees of Class Members, including the Common Benefit Holdback Assessment paid under Paragraph 9.10, will be paid by Class Members from amounts paid from the Settlement Funds.

• Each Class Member shall look solely to the Settlement Funds (less reasonable attorneys’ fees and costs) for satisfaction of all such Released Claims herein, though each Class Member also may seek payment from other defendants in the Litigation.

• The Claims Administrator will distribute the Settlement Funds to Qualifying Class Members pursuant to Paragraphs 6.1 through 7.3, the Allocation Procedures in Exhibit A, and the guidance set forth in the Parties’ Joint Interpretive Guidance, attached as Exhibits N through Q.

• The Escrow Agent shall release Settlement Funds from the Qualified Settlement Fund to Class Counsel for the benefit of Qualifying Class Members and Class Counsel will cause the Claims Administrator to distribute the Settlement Funds from the Qualified Settlement Fund to Qualifying Class Members, consistent with the payment provisions set forth in Section 6 and Exhibits A and H.

More Definitions of Settlement Funds

Settlement Funds has the meaning ascribed thereto in Section 6.01. “Settlement Payment” has the meaning ascribed thereto in Section 3.06. “Settlement Payment Notice” has the meaning ascribed thereto in Section 3.06. “Special Master” has the meaning ascribed thereto in Section 5.01.

Settlement Funds means the MI Settlement Fund and the IS Settlement Fund.

Settlement Funds has the meaning ascribed thereto in Section 2.01(A). “Special Master” has the meaning ascribed thereto in Section 4.01.

Settlement Funds shall refer to the Settlement Amount deposited in the Escrow Accounts (defined below), together with all interest earned thereon.

Settlement Funds means money to be paid by the City pursuant to Part 5 of this Settlement Agreement, consisting of the Reversionary Amount, the Non-Reversionary Payments, and the Unconditional Individual Amount to be paid to each member of the Settlement Class.

Settlement Funds means the aggregate of the Settlement Class Fund and the Fee/Expense Fund.

Settlement Funds means the amounts set forth in Section 2.4.