Settlement Payment Amount definition

Settlement Payment Amount means the Forty-Three Million and 00/100 Dollars ($43,000,000.00) that TD Bank agrees to pay, without admission of liability, as the monetary component of this Settlement, as more specifically described in paragraph 137 of this Agreement.
Settlement Payment Amount means the amount of four million two hundred and forty-five thousand dollars ($4,245,000.00 (USD)) that Defendant agrees to pay, without admission of liability, under the terms of this Settlement, as more specifically described in Section IV hereof.
Settlement Payment Amount means Nine Hundred Fifty Thousand Dollars ($950,000.00).

Examples of Settlement Payment Amount in a sentence

  • As a result, the Settlement Payment Amount should be kept confidential pursuant to section 107(b)(1) of the Bankruptcy Code.

  • The 9019 Motion stated that“[t]he Settlement Payment Amount is commercially sensitive to MEC because it is concerned that disclosure will incentivize frivolous attacks on its intellectual property.

  • The Settlement Payment Amount shall, however, be disclosed to (i) the Court, (ii) the United States Trustee and (iii) creditors, if any, that (x) file a timely objection to this Motion and (y) agree to keep such information confidential.” Mot., 4 n.2, ECF No. 82.

  • In exchange for the mutual promises and covenants in this Agreement, including, without limitation, the Releases as set forth in Section XIV hereof and the dismissal of the action with prejudice upon Final Approval, within fourteen calendar days of Preliminary Approval, TD Bank shall deposit the Settlement Payment Amount of $43,000,000.00, into the Escrow Account to create the Settlement Fund as set forth herein.

  • This Settlement Payment Amount includes all monetary 3 TD Bank expressly reserves, and does not waive, the right to take the position in other litigation that the release in the Final Judgment foreclosed certain claims of members of the MDL 2036 settlement class beyond September 20, 2012.

  • The amount of the Net Settlement Fund available for distribution to each Settlement Class shall equal the Net Settlement Fund multiplied by the percentage of the total Settlement Payment Amount allocated to that Class, as set forth in paragraph 137 of this Agreement.

  • Defendant’s payment of the Settlement Payment Amount is subject to Court approval, without admission of liability, and subject to the refund provisions of Section XII below, in the event that this Agreement is terminated or the Effective Date otherwise does not occur.

  • In exchange for the mutual promises and covenants in this Agreement, including, without limitation, the Releases as set forth in Section XI and dismissal of the Action with prejudice upon Final Approval, within 14 calendar days of the date of Preliminary Approval by the Court, Defendant shall deposit the Settlement Payment Amount with the Settlement Administrator to create the Settlement Fund for the benefit of the Settlement Class.

  • Plaintiffs’ Counsel will seek, by motion, (a) reimbursement of litigation costs and expenses incurred in connection with this action, plus (b) an award of attorneys’ fees in an amount not to exceed 35% of the Settlement Payment Amount.

  • In exchange for the mutual promises and covenants in this Agreement, including, without limitation, the Releases as set forth in Section XV hereof and the dismissal of the Action with prejudice upon Final Approval, within fourteen (14) days of Preliminary Approval, TD Bank shall deposit the Settlement Payment Amount of Two Million Two Hundred Fifty Thousand and 00/100 Dollars ($2,250,000.00), into the Escrow Account to create the Settlement Fund as set forth herein.


More Definitions of Settlement Payment Amount

Settlement Payment Amount is defined in Section 5.30.
Settlement Payment Amount means the amount of money that Berkshire will be required to deposit into the Settlement Fund for purposes of making payments to Settlement Class Members, pursuant to paragraphs 48 and 52 of this Agreement. The Settlement Payment Amount will be calculated by multiplying the number of Covered Transactions times $30.00. Based on Berkshire’s review of available data, the Settlement Payment Amount will total $304,290.00 (10,143 Covered Transactions times $30.00).
Settlement Payment Amount means [*****]

Related to Settlement Payment Amount

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Settlement Amount means, with respect to a party and any Early Termination Date, the sum of: --

  • Payment Amount as defined in Section 3.5.

  • CVR Payment Amount has the meaning set forth in Section 2.4(a).

  • Closing Payment Amount will have the meaning set forth in Section 1.3(a).

  • 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.

  • Individual Settlement Payment means the amount payable from the Net

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

  • Maximum Settlement Amount means $500,000,000 as amended or modified in accordance with Appendix E.

  • Net Share Settlement Amount For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Principal Payment Amount For any Distribution Date, an amount equal to the related Principal Remittance Amount for such date minus the related Overcollateralization Release Amount, if any, for such date.

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Adjustment Payment shall have the meaning specified in Section 3.09(a).

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist of:

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Early Settlement Amount has the meaning specified in Section 5.9(a).

  • Physical Settlement Amount For any Settlement Date for which Physical Settlement is applicable, an amount in cash equal to the product of (a) the Forward Price in effect on the relevant Settlement Date multiplied by (b) the Settlement Shares for such Settlement Date.

  • Settlement Price means the agreed upon price at which to purchase and sell a specified type and quantity of a commodity.

  • Structured settlement payment rights means rights to receive periodic payments under a structured settlement, whether from the structured settlement obligor or the annuity issuer, where:

  • Earn-Out Payment has the meaning set forth in Section 2.5(a).

  • Agreement Payment means a Payment paid or payable pursuant to this Agreement.

  • Cash Amount means an amount of cash per Partnership Unit equal to the value of one share of Common Stock as determined under the applicable Exchange Rights Agreement on the Valuation Date of the Common Stock Amount.

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Post-Closing Adjustment Amount has the meaning set forth in Section 2.04(c).