Gross Settlement Amount means $633,000.00 which is the total amount Defendant agrees to pay under the Settlement except as provided in Paragraph 9 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.
Gross Settlement Amount means the sum of thirty-nine million eight- hundred thousand dollars ($39,800,000), contributed to the Qualified Settlement Fund in accordance with Article 5. The Gross Settlement Amount shall be the full and sole monetary payment, whether to the Class, Plaintiffs, Class Counsel, or otherwise, made by or on behalf of Reliance Trust Company in connection with the Settlement effectuated through this Settlement Agreement.
Gross Settlement Amount means $1,500,000.00 (one million five hundred thousand dollars), which shall be the maximum gross amount that Defendants will pay pursuant to this Settlement Agreement, inclusive of settlement payments; any Service Award to the Settlement Class Representatives approved by the Court; costs of Notice and Administrative Expenses; and any award of Court approved attorneys’ fees and costs. In no event shall Defendants be required to pay any amount beyond the Gross Settlement Amount.
Examples of Gross Settlement Amount in a sentence
Subject to the terms and conditions of this Agreement, including the claims process and the Floor, the maximum Gross Settlement Amount that Defendant will pay under this Settlement is $2,900,000.
The Settlement Administrator will pay the amounts approved by the Court out of the Gross Settlement Amount.
The Settlement Administrator’s reasonable fees and expenses, including the cost of printing and mailing the Class Notice, will be paid out of the Gross Settlement Amount.
The Settlement Administrator will pay out of the Gross Settlement Amount to itself its reasonable fees and expenses, not to exceed $300,000 (though the parties do not anticipate such expenses to exceed $200,000), only after such payment has been approved by the Court.
The Settlement Administrator will pay the Class Representative Payments approved by the Court out of the Gross Settlement Amount.
More Definitions of Gross Settlement Amount
Gross Settlement Amount means the sum of one million, eight hundred and seventy-five thousand dollars ($1,875,000), contributed to the Qualified Settlement Fund in accordance with Article 5. Defendants shall cause this amount to be paid directly by their fiduciary liability insurer. The Gross Settlement Amount shall be the full and sole monetary payment to the Settlement Class, Plaintiffs, and Class Counsel made by or on behalf of Defendants in connection with the Settlement effectuated through this Settlement Agreement. Neither Defendants nor their insurer(s) will make any additional payment in connection with the Settlement of the Class Action.
Gross Settlement Amount means the sum of nine million seven hundred fifty thousand dollars ($9,750,000.00), contributed to the Qualified Settlement Fund in accordance with Article 5. The Gross Settlement Amount shall be paid by Defendants and/or their fiduciary liability insurer. The Gross Settlement Amount shall be the full and sole monetary payment to the Settlement Class, Plaintiffs, and Class Counsel made by or on behalf of Defendants in connection with the Settlement effectuated through this Settlement Agreement. Neither Defendants nor their insurer will make any additional payment in connection with the Settlement of the Class Action.
Gross Settlement Amount or “GSA” means $3,750,000, which is the total amount Defendant agrees to pay under the Settlement, except as provided in Paragraph 9 below and except for the employer’s share of applicable payroll tax obligations that Defendant shall separately pay. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payments and the Administrator’s Expenses.
Gross Settlement Amount means Two Million Three Hundred Thousand Dollars ($2,300,000) to be paid by Defendant as provided by this Agreement. This Gross Settlement Amount is an all-in amount without any reversion to Defendant and shall be inclusive of all payments of Settlement Shares to the Participating Class Members, Settlement Administration Expenses, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, Class Representative Service Payments, and the PAGA Payment, and excluding any employer payroll taxes, if any, due on the portion of the Settlement Shares allocated to wages which shall not be paid from the Gross Settlement and shall be the separate additional obligation of Defendant. The Gross Settlement Amount is all in with no reversion to Defendant and shall be paid without the need to submit a claim form.
Gross Settlement Amount means $ which is the total amount XYZ agrees to pay under the Settlement except as provided in Paragraph 9 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.
Gross Settlement Amount means $650,000.00, which is the maximum total amount Defendant agrees to pay under the Settlement except as provided in Paragraph 8 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, the Class Counsel Fees Payment, the Class Counsel Expenses Payment, the Class Representative Payment, and the Administration Expenses Payment.
Gross Settlement Amount means the sum of thirty-nine million, five-hundred thousand dollars ($39,500,000), contributed to the Qualified Settlement Fund pursuant to Article