Class Fund definition

Class Fund means the aggregate, gross amount the Parties propose be paid to the Settlement Class as Settlement Awards pursuant to this Settlement. Subject to approval by the Superior Court, the aggregate, gross amount paid to the Settlement Class as part of the Settlement of this Case shall be Thirty-Two Thousand, Five Hundred Dollars ($32,500.00).

Class Fund or “Class Funds” means one or more Funds that is a class of NCM Opportunities or of NCM Core Portfolios.

Class Fund means the amount available to pay claims submitted by Valid Claimants after deduction from the Settlement Fund of the Subclass Fund.

Examples of Class Fund in a sentence

• In addition to and separate from any other payments called for in this Agreement, the County of San Bernardino shall pay a one-time-only lump sum payment of the Class Counsel attorneys’ fees plus litigation costs (exclusive of expert/consultant and mediation fees, which are paid from the $950,000 Damages Class Fund) in the amount of $1,100,000, payable by wire transfer to the KMBL Client Trust Account within ten (10) days after the Effective Date of the Settlement.

• The Public Interest Law Center of Philadelphia agrees not to seek, and will not be entitled to, any fees for monitoring disbursement of The Class Fund to class members.

• If the amount of the Class Fund is reduced pursuant to Paragraph 6 and the amount of the claims presented to Defendant total more than the funds thereafter remaining in the Class Fund, then and only then shall the amounts paid to each claimant be reduced, pro rata.

• Subject to approval by the Superior Court, the Class Fund shall be distributed to all Settlement Class Members, with each such member being entitled to an individual award representing that member’s pro rata share (“Settlement Awards”).

• NOTHING You will be eligible to get a payment for your share of the Class Fund.

More Definitions of Class Fund

Class Fund means the $3,200,000.00 (Three Million Two Hundred Thousand Dollars) that the City shall pay on the Effective Date to the Claims Administrator, less any money advance to the Claims Administrator. This amount shall be used to pay all claims by the Class Members, all attorney’s fees and costs, and all Administrative Costs, in satisfaction of all claims of Class Members. Any money not so claimed shall be handled in accordance with Paragraph 47.

Class Fund means the aggregate, gross amount the Parties propose be paid to the Settlement Class as Settlement Awards pursuant to this Settlement. The Class Fund shall be calculated by subtracting the Court-approved Service Award, Settlement Administration Expenses Award, and Attorney’s Fees and Costs Award from the Maximum Settlement Amount. Subject to approval by the Superior Court, the Parties anticipate the aggregate, gross amount paid to the Settlement Class as part of the Settlement of this Case is estimated to be no less than Four Hundred, Ninety Seven Thousand, Five Hundred Dollars ($497,500).

Class Fund means the amount of seventeen million, five hundred thousand dollars ($17,500,000) to be paid by the City for all Class Member claims, the service award to the Class Representative, Administrative Costs, and Class Counsel’s own past, present, and future fees and costs. The Class Fund is subject to increase in the event the return rate is higher than 40% as set forth below in paragraph 48 and is subject to reversion to the City of New York in the event the return rate is lower than 20% as set forth below in paragraph 48.

Class Fund means the Net Settlement Fund less the amounts paid for the Attorneys’ Fee Award and the Incentive Awards.

Class Fund means a fund maintained in accordance with clause 9 of the Trust Instrument, each such fund being attributable to a separate class or classes of units regulated by class rules pertaining to that class fund.

Class Fund means a Fund that is a Class of Norrep Opportunities or of Norrep Core Portfolios.

Class Fund is the money that shall be distributed to Eligible Class Members through payment of Settlement Awards, Service Awards, and the Class Agent Award. It shall total $17.25 million ($17,250,000.00) less EEOC approved attorneys’ fees, costs and expenses, and Class Administrator costs.