Common use of Net Settlement Amount Clause in Contracts

Net Settlement Amount. The “Net Settlement Amount” is defined as the 16 Settlement Amount less attorneys’ fees and litigation costs as approved and awarded by the Court, 17 the Service Payment to Class Representatives as approved and awarded by the Court, the 18 Settlement Administration Costs, as approved and awarded by the Court, and the maximum of 19 Thirty Thousand Dollars ($30,000.00) allocated to payment for PAGA penalties as described in 20 Paragraph [42] below. In the event that the Court reduces the attorneys’ fees and litigation costs 21 or Service Awards, Settlement Administration Costs, or either increases or decreases the amount

Appears in 1 contract

Sources: Class Action and Paga Settlement Agreement

Net Settlement Amount. The “Net Settlement Amount” is defined as the 16 17 Settlement Amount Amount, less attorneys' fees and litigation costs and expenses as approved and awarded by the Court, 17 the Service Payment to Class Representatives as approved and 18 awarded by the Court, the 18 Service Payment to Class Representative as approved and awarded by 19 the Court, the Settlement Administration Costs, as approved and awarded by the Court, and the maximum of 19 Thirty Thousand Dollars ($30,000.00) 20 amount allocated to payment settle the claim in the action for PAGA civil penalties as described in 20 Paragraph [42] 21 paragraph 42 below. In the event that the Court reduces the attorneys' fees and litigation costs 21 or 22 Service Awards, Settlement Administration Costs, or either increases or decreases the amount

Appears in 1 contract

Sources: Class Action and Paga Settlement Agreement