Class Payments Sample Clauses

Class Payments. The Settlement Administrator shall, within 30 days after the Settlement Effective Date, distribute to each Participating Class Member who submits a written claim according to that individual's calculated share of the Net Settlement Class Fund. Each Participating Class Member's pro rata share will be calculated based upon his or her estimated number of shifts worked as a Dealer from March 19, 2019 through the date of preliminary approval at any of the following casinos: Caribbean Cardroom - ▇▇▇▇▇▇▇▇, Caribbean Casino ▇▇▇▇▇▇▇▇, Caribbean Casino Yakima, Club Hollywood Casino Shoreline, Coyote Bobs Kennewick, Crazy Moose - Mountlake Terrace, Crazy Moose - Pasco, Great American Everett, Great American Lakewood, Great American Tukwila, Macau Casino - Lakewood, Macau Casino - Tukwila, Red Dragon Casino Mountlake Terrace, Roman Casino Seattle, Royal Casino ▇▇▇▇▇▇▇, Silver Dollar Casino Mill Creek, Silver Dollar Casino Renton, Silver Dollar Casino Seatac, and Wizards Casino Burien. The calculation for Class Payments will be prepared by the Settlement Administrator using the agreed-upon formula, subject to review and approval by Class Counsel and Defendants' Counsel. By way of example only, if the Settlement Administrator determines – and the Court approves – that $1,000,000 of the Maximum Settlement Payment is to be allocated for distribution to the Class Members, the Settlement Administrator would apply the agreed-upon formula to determine the portion of the $1,000,000 that would be paid to each Class Member assuming that every Class Member chose to submit a written claim. If half of the Class Members make a claim and the formulated payments to those Settlement Class Members is $500,000, Defendants would pay the $500,000 in Class Payments directly to those Class Members who made written claims. Defendants would not pay anything to the remaining Class Members who did not make a written claim.
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Class Payments. The Settlement Administrator will calculate your payment by dividing the Net Settlement Amount by the total number of workweeks worked by all Participating Class Members, and then multiplying the result by the number of workweeks you worked within the Class Period.
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Class Payments. A total of $300,000 will be allocated to Participating Class Members as follows: 1. A total of $290,000 will be allocated to Participating Class Members with respect to the Displacement Class. Although the size of payments made to Participating Class Members pursuant to this paragraph cannot be known until after the Claims Deadline, such payments will be allocated as follows: each Unit will be allocated a pro rata share of the funds allocated in this Section; if multiple Participating Class Members of the Displacement Class and associated with the same Unit timely submit a valid, executed Claim Form and Release, each such person will receive a pro rata share of the funds allocated for that Unit. Any disputes among co-habitants concerning the allocation of any distributions under this Settlement must be addressed and resolved amongst the co-habitants outside the scope of this Settlement, and the existence of any such actual or potential disputes shall not be a basis for objecting to the Settlement. 2. A total of $10,000 will be allocated to Participating Class Members with respect to the Application Class. Awards pursuant to this Section will not exceed $25 per Participating Class Member, and any funds allocated pursuant to this Section but not distributed will revert to the Equitable Relief Fund.
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Related to Class Payments

  • Excess Payments If Tenant shall assign this Lease or sublet any part of the Premises for consideration in excess of the pro-rata portion of Rent applicable to the space subject to the assignment or sublet, then Tenant shall pay to Landlord as Additional Rent 50% of any such excess immediately upon receipt.

  • Contribution Amounts The Company, the Selling Shareholders and the Underwriters agree that it would not be just or equitable if contribution pursuant to this Section 8 were determined by pro rata allocation (even if the Underwriters were treated as one entity for such purpose) or by any other method of allocation that does not take account of the equitable considerations referred to in Section 8.6. The amount paid or payable by an indemnified party as a result of the losses, claims, damages and liabilities referred to in the immediately preceding paragraph shall be deemed to include, subject to the limitations set forth above, any legal or other expenses reasonably incurred by such indemnified party in connection with investigating or defending any such action or claim. Notwithstanding the provisions of this Section 8, no Underwriter shall be required to contribute any amount in excess of the amount by which the total price at which the Shares underwritten by it and distributed to the public were offered to the public exceeds the amount of any damages that such Underwriter has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any person who was not guilty of such fraudulent misrepresentation. The remedies provided for in this Section 8 are not exclusive and shall not limit any rights or remedies which may otherwise be available to any indemnified party at law or in equity.

  • Advances; Payments (i) Revolving Lenders shall refund or participate in the Swing Line Loan in accordance with clause (iii) of Section 1.1(c). If the Swing Line Lender declines to make a Swing Line Loan or if Swing Line Availability is zero, Agent shall notify Revolving Lenders, promptly after receipt of a Notice of Revolving Credit Advance and in any event prior to 1:00 p.m. (New York time) on the date such Notice of Revolving Advance is received, by telecopy, telephone or other similar form of transmission. Each Revolving Lender shall make the amount of such Lender’s Pro Rata Share of such Revolving Credit Advance available to Agent in same day funds by wire transfer to Agent’s account as set forth in Annex H not later than 3:00 p.m. (New York time) on the requested funding date, in the case of an Index Rate Loan, and not later than 11:00 a.m. (New York time) on the requested funding date, in the case of a LIBOR Loan. After receipt of such wire transfers (or, in Agent’s sole discretion, before receipt of such wire transfers), subject to the terms hereof, Agent shall make the requested Revolving Credit Advance to Borrower designated by Borrower Representative in the Notice of Revolving Credit Advance. All payments by each Revolving Lender shall be made without setoff, counterclaim or deduction of any kind. (ii) Not less than once during each calendar week or more frequently at Agent’s election (each, a “Settlement Date”), Agent shall advise each Lender by telephone, or telecopy of the amount of such Lender’s Pro Rata Share of principal, interest and Fees paid for the benefit of Lenders with respect to each applicable Loan. Provided that each Lender has funded all payments or Advances required to be made by it and has purchased all participations required to be purchased by it under this Agreement and the other Loan Documents as of such Settlement Date, Agent shall pay to each Lender such Lender’s Pro Rata Share of principal, interest and Fees paid by Borrowers since the previous Settlement Date for the benefit of such Lender on the Loans held by it. To the extent that any Lender (a “Non-Funding Lender”) has failed to fund all such payments and Advances or failed to fund the purchase of all such participations, Agent shall be entitled to set off the funding short-fall against that Non-Funding Lender’s Pro Rata Share of all payments received from Borrowers. Such payments shall be made by wire transfer to such Lender’s account (as specified by such Lender in Annex H or the applicable Assignment Agreement) not later than 2:00 p.m. (New York time) on the next Business Day following each Settlement Date.

  • ▇▇▇▇▇▇▇▇▇ Payments The Company shall pay Executive cash benefits equal to: (1) two times Executive's Base Salary in effect on the date of the Change of Control or the Termination Date, whichever is higher; provided that if any reduction of the Base Salary has occurred, then the Base Salary on either date shall be as in effect immediately prior to such reduction, payable in regular installments at such times as would otherwise be the Company's usual payroll practice over a period of two years; and (2) the higher of: (A) two times Executive's Target Bonus in effect on the date of the Change of Control or the Termination Date, whichever is greater; or (B) two times Executive's most recent actual annual bonus, payable in either case ratably in regular installments at the same time as payments are made to Executive under Section 3(a)(1) above; provided that if any reduction of the Target Bonus has occurred, then the Target Bonus on either date shall be as in effect immediately prior to such reduction; and (3) Executive's Target Bonus (as determined in (2), above) multiplied by a fraction, the numerator of which shall equal the number of days Executive was employed by the Company in the Company fiscal year in which the Termination Date occurs and the denominator of which shall equal 365, payable as a cash lump sum within forty days after the Termination Date; and (4) in the case of a termination of employment by Executive for Good Reason, an amount equal to the severance pay specified in Article 6.A. 1. of the attached Presidents' Council Agreement (as defined in Section 8 hereof), payable according to the schedule set forth therein, determined as if Executive's employment had been terminated by ARAMARK without Cause on the Termination Date.

  • Distributions and Interest Amount (i) Interest Rate. "Interest Rate" for any day means, the Federal Funds Overnight Rate. For the purposes hereof, "Federal Funds Overnight Rate" means, for any day, an interest rate per annum equal to the rate published as the Federal Funds Effective Rate that appears on Telerate Page 118 for such day.