Payments by Settling Defendant Sample Clauses

Payments by Settling Defendant. In consideration of the mutual covenants and releases provided in this Agreement, Food Castle shall pay a total of $17,500 as a settlement payment. Any failure by Food Castle to comply with the payment terms herein shall be subject to a stipulated late payment fee of $100 per day, which amount shall be recoverable by CEH, together with its reasonable attorneysfees and costs, in an enforcement proceeding brought pursuant to Section 6. This total payment shall be made in three installments according to the following schedule: (a) within five (5) days of the Effective Date, Food Castle shall pay $7,500 as a settlement payment; (b) within thirty (30) days of the Effective Date, Food Castle shall pay $5,000 as a settlement payment; and (c) within sixty (60) days of the Effective Date, Food Castle shall pay $5,000 as a settlement payment. Each of these payments shall be made payable and allocated as follows, as set forth below in Sections 4.2-4.4:
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Payments by Settling Defendant. Within five (5) business days of the Effective Date, Settling Defendant shall pay the total sum of $20,000 as a settlement payment. The total settlement amount for Settling Defendant shall be paid in three separate checks delivered to the offices of the Lexington Law Group (Attn: Xxxx Xxxxxx), 000 Xxxxxxxxxx Xxxxxx, Xxx Xxxxxxxxx, Xxxxxxxxxx 00000-0000 and made payable and allocated as follows:
Payments by Settling Defendant. Within ten (10) business days of the execution of this Agreement by both Parties, Vanns shall pay a total of $30,000 as a settlement payment. This payment shall be made payable and allocated as set forth below in Sections 4.2 to
Payments by Settling Defendant. Within fifteen (15) calendar days of the Effective Date, Settling Defendant shall pay the total sum of Sixteen Thousand Dollars and no cents ($16,000.00) as a settlement payment as further set forth in this Section. Any payment by Settling Defendant shall be deemed to be timely and not subject to a late charge and/or other penalty if: (1) postmarked (if sent by the United States Postal Service); or (2) delivered to an overnight carrier (e.g., Federal Express), on or before the deadline set forth in this paragraph.
Payments by Settling Defendant. On or before five (5) days after the entry of 15 this Consent Judgment, Settling Defendant shall pay the total sum of $97,500 as a settlement 16 payment as further set forth in this Section.

Related to Payments by Settling Defendant

  • Payments to Settlement Class Members (a) Defendant shall pay into the Escrow Account the amount of the Settlement Fund ($1,000,000.00), specified in Paragraph 1.33 of this Agreement, within sixty (60) days after Final Approval.

  • Objections to Settlement 7.7.1 Only Participating Class Members may object to the class action components of the Settlement and/or this Agreement, including contesting the fairness of the Settlement, and/or amounts requested for the Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment and/or Class Representative Service Payment.

  • Rollovers of Settlement Payments From Bankrupt Airlines If you are a qualified airline employee who has received a qualified airline settlement payment from a commercial airline carrier under the approval of an order of a federal bankruptcy court, you are allowed to roll over up to 90 percent of the proceeds to your Traditional IRA, within 180 days after receipt of such amount, or by a later date if extended by federal law. If you make such a rollover contribution, you may exclude the amount rolled over from your gross income in the taxable year in which the airline settlement payment was paid to you. If you are a qualified airline employee who has received a qualified airline settlement payment from a commercial airline carrier under the approval of an order of a federal bankruptcy court in a case filed after September 11, 2001, and before January 1, 2007, you are allowed to roll over any portion of the proceeds into your Xxxx XXX within 180 days after receipt of such amount, or by a later date if extended by federal law. For further detailed information and effective dates you may obtain IRS Publication 590-A, Contributions to Individual Retirement Arrangements (IRAs), from the IRS or refer to the IRS website at xxx.xxx.xxx.

  • Rollovers of Exxon Xxxxxx Settlement Payments If you receive a qualified settlement payment from Exxon Xxxxxx litigation, you may roll over the amount of the settlement, up to $100,000, reduced by the amount of any qualified Exxon Xxxxxx settlement income previously contributed to a Traditional or Xxxx XXX or eligible retirement plan in prior taxable years. You will have until your tax return due date (not including extensions) for the year in which the qualified settlement income is received to make the rollover contribution. To obtain more information on this type of rollover, you may wish to visit the IRS website at xxx.xxx.xxx.

  • Our Liability for Failure to Complete Transactions If we do not properly complete a transaction from your Card on time or in the correct amount according to our Agreement with you, we will be liable for your losses or damages. However, there are some exceptions. We will not be liable, for instance:

  • APPLICABLE LAW AND SETTLEMENT OF DISPUTES 25.1 This Agreement shall, in all respects, be governed by and construed in accordance with the laws in force from time to time in the State of Israel.

  • CONDITIONS OF SETTLEMENT, EFFECT OF DISAPPROVAL, CANCELLATION OR TERMINATION 9.1 The Effective Date of this Settlement Agreement shall not occur unless and until each of the following events occurs and shall be the date upon which the last (in time) of the following events occurs:

  • LIABILITY FOR FAILURE TO COMPLETE TRANSACTIONS If We do not properly complete a transaction to or from Your Account according to this Agreement, We will be liable for Your losses or damages. However, We will not be liable if: (a) Your Account does not contain enough available funds to make the transaction through no fault of Ours; (b) the ATM where You are making the transfer does not have enough cash; (c) the terminal was not working properly and You knew about the breakdown when You started the transaction; (d) circumstances beyond Our control prevent the transaction despite reasonable precautions that We have taken; (e) Your Card is retrieved or retained by an ATM;

  • GOVERNING LAW AND SETTLEMENT OF DISPUTES 8.1 The execution, validity, interpretation, performance, implementation, termination and settlement of disputes of this Agreement shall be governed by the laws of PRC.

  • PROCEDURE FOR APPROVAL OF SETTLEMENT 28. Acceptance of this Settlement Agreement shall be sought at a hearing of the Central Regional Council of the MFDA on a date agreed to by counsel for Staff and the Respondent.

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