Common use of Net Settlement Amount Clause in Contracts

Net Settlement Amount. The total amount of money available for payout to Participating Class Members, which is the Gross Settlement Amount less the Attorney Fee Award, the Cost Award, the Class Representative Enhancement Payments, Administration Costs, and the PAGA Payment. In other words, the Net Settlement Amount is the portion of the Gross Settlement Amount that will be distributed to Class Members who do not request exclusion from the Settlement.

Net Settlement Amount. The total amount of money available for payout to Participating Class Members, which is the Gross Settlement Amount less the Attorney Fee Award, the Cost Award, the Class Representative Enhancement Payments, the PAGA Payment paid to the LWDA and Eligible Aggrieved Employees, and Administration Costs, and the PAGA Payment. In other words, the Net Settlement Amount is the portion of the Gross Settlement Amount that will be distributed to Class Members who do not request exclusion from the Settlement.

Net Settlement Amount. The total amount of money available for payout to Participating Class Members, which is the Gross Settlement Amount less the Attorney Fee Award, the Cost Award, the Class Representative Enhancement PaymentsPayment, Administration Costs, and the PAGA Payment. In other words, the Net Settlement Amount is the portion of the Gross Settlement Amount that will be distributed to Class Members who do not request exclusion from the Settlement.

Net Settlement Amount. The total amount of money available for payout to Participating Non-Exempt Class Members, which is the Gross Settlement Amount less the Attorney Fee Award, the Cost Award, the Class Representative Enhancement PaymentsPayment, Administration Costs, the Settlement Payment to Participating Exempt Class Members of $1,000.00, and the PAGA Payment. In other words, the Net Settlement Amount is the portion of the Gross Settlement Amount that will be distributed to non-exempt Class Members who do not request exclusion from the Settlement.

Net Settlement Amount. The total amount of money available for payout to Participating Class Members, which is the Gross Settlement Amount less the following: Attorney Fee Award, the Cost Award, the Class Representative Enhancement PaymentsPayment, Administration Costs, and the PAGA Payment. In other words, the Net Settlement Amount is the portion of the Gross Settlement Amount that will be distributed to Class Members who do not request exclusion from the Settlement.