Net Settlement Fund definition

Net Settlement Fund means the Settlement Fund less: (i) Court-awarded attorneys’ fees and expenses; (ii) Notice and Administration Expenses; (iii) Taxes; and (iv) any other fees or expenses approved by the Court.

Net Settlement Fund means the Settlement Fund less: (i) any Taxes;

Net Settlement Fund means the net amount of the Settlement Fund after payment of court approved attorneys’ fees and costs, any court approved service award and the costs of Notice, and any fees paid to the Claims Administrator.

Examples of Net Settlement Fund in a sentence

• The timing of the distribution of the Net Settlement Fund is conditioned on several matters, including the Court’s final approval of the Settlement and any approval becoming final and no longer subject to any appeals in any court.

• There will be no reversion of any amount in the Net Settlement Fund to Elixir.

• If you are a Former Participant who timely submits a valid Former Participant Rollover Form, the Settlement Administrator will effect a rollover of your share of the Net Settlement Fund to your qualified retirement account that you indicated in that Form after the Settlement has received final approval and/or after any appeals have been resolved in favor of the Settlement.

• The Net Settlement Fund will consist of the remainder of the Cash Settlement Fund after payment of the Class Representative Service Payment and Plaintiff’s Counsel’s Fees and Expenses.

• The Net Settlement Fund will also depend on the amount of any Attorneys’ Fees and Expenses, Settlement Administration Expenses, Independent Fiduciary’s fees, and Case Contribution Awards that are awarded by the Court, as these will be paid out of the Qualified Settlement Fund of $4,300,000.

More Definitions of Net Settlement Fund

Net Settlement Fund means the Settlement Fund, plus accrued interest, less any award of attorneys’ fees, service awards for Named Plaintiffs, or reimbursement of expenses and less applicable taxes, tax preparation expenses, and costs of notice and administration, that may be awarded or approved by the Court.

Net Settlement Fund means the Settlement Fund less: (i) any Court-awarded attorneys’ fees, expenses, and interest thereon; (ii) Notice and Administration Expenses; (iii) Taxes and Tax Expenses; and (iv) other Court-approved deductions.

Net Settlement Fund means the amount of funds that remain in the Settlement Fund after funds are paid from or allocated for payment from the Settlement Fund for the following: (i) Notice and Administrative Expenses, (ii) Taxes and Tax-Related Expenses,

Net Settlement Fund means the Settlement Fund less: (i) any Taxes; (ii) any Notice and Administration Costs; (iii) any Litigation Expenses awarded by the Court; and (iv) any attorneys’ fees awarded by the Court.

Net Settlement Fund means the amount distributed to Settlement Class Members who submit valid and timely Claims for the Cash Benefit and is the amount of the Cash Settlement Fund less all Settlement Administrator Costs, the Class Representative Service Payment, and Plaintiff’s Counsel’s Fees and Expenses.

Net Settlement Fund means the Settlement Fund less Court-approved disbursements, including: (i) notice, claims administration and escrow costs; (ii) any attorneys’ fees and/or expenses awarded by the Court; (iii) any Incentive Award(s) awarded by the Court; and (iv) all other expenses, costs, taxes and other charges approved by the Court.

Net Settlement Fund means the portion of the Settlement Fund that shall be distributed to Authorized Claimants as allowed by the Stipulation, the Plan of Allocation, or the Court, after provision for the amounts set forth in ¶5.5(a)-(d) of this Stipulation.