Consideration for Settlement Sample Clauses
Consideration for Settlement. 2.1 As consideration for the Settlement, HAC will provide to Hyundai Settlement Class Members and KCI will provide to KIA Settlement Class Members the following benefits (for the purposes of Section 2.2, the quantum of benefits provided for in the following Sections 2.1.1 to 2.1.7 shall constitute the “Base Quantum”):
Consideration for Settlement. 3.1 As consideration for the Settlement set forth herein, JLRNA will provide to Settlement Class Members certain reimbursement benefits as set forth herein.
Consideration for Settlement. Subject to the terms and conditions of this Settlement Agreement, Belcan shall pay or cause to be paid the Settlement Payment into the Settlement Fund held and administered by Escrow Agent as follows: (1) within 10 bank days after the Preliminary Approval Order is entered, Belcan shall transfer $5,500,000 in cash (United States dollars) into the Settlement Fund; and (2) within 10 bank days after the Final Approval Order is entered, Belcan shall transfer $4,400,000 in cash (United States dollars) into the Settlement Fund.
Consideration for Settlement. In consideration for the release of the Tax Claims, the Settling Parties agree to the following:
Consideration for Settlement. The Settlement consists of a monetary payment by the Respondents, as well as non-monetary, but valuable, benefits to Class Members.
Consideration for Settlement. 3.1 As consideration for the settlement set forth herein, HMA and KMA will provide to Settlement Class Members the following benefits:
Consideration for Settlement. In exchange for the covenants and conditions provided for herein, the Parties agree to the following:
Consideration for Settlement. In full consideration for settlement and mutual release of the claims, counterclaims and defenses asserted by the Parties against one another in the Litigation and for the other obligations and covenants set forth in this Agreement, the Parties agree as follows:
Consideration for Settlement. As consideration for the Settlement set forth herein, Transurban will provide the following benefits to the Class:
Consideration for Settlement. In consideration of each party’s execution of this Agreement, the parties agree as follows:
(a) The Company shall agree to an adjusted Conversion Price of $0.21 as of the Effective Date.
(b) The Preferred Holders, constituting the Required Holders, hereby agree and consent to an amendment and restatement of the Certificate of Designations in the form attached attached hereto (the “Amended and Restated Certificate of Designations”).
(c) The Securities Purchase Agreement, dated as of May 14, 2014, by and among the Preferred Holders and the other parties signatory thereto, is hereby terminated and deemed null and void with respect to the Preferred Holders.
