Settlement Offer Clause Samples

Settlement Offer. You have the right to reject any settlement amount, including any unfair valuation, offered by the insurance company. If you reject a settlement offer, your options include continuing to negotiate with the insurer or pursuing legal remedies, such as mediation, arbitration, or filing a lawsuit.

Settlement Offer. We may, but are not obligated to, make a written settlement offer anytime before the arbitration evidentiary hearing begins (or, if there is no evidentiary hearing, before the parties complete submission of their evidence to the arbitrator). The amount or terms of any settlement offer may not be disclosed to the arbitrator until after the arbitrator issues an award on the claim. If You do not accept the offer and the arbitrator awards You an amount of money that is more than Our offer but less than $5,000, or if the company does not make an offer to the customer and the arbitrator awards You any amount of money that is less than $5,000, then We agree to pay the customer $5,000 instead of the amount awarded. In that case We also agree to pay any reasonable attorneys’ fees and expenses, regardless of whether the law requires it for Your case. If the arbitrator awards You more than $5,000, then We will pay You the amount awarded.

Settlement Offer. Notwithstanding anything to the contrary contained herein, if with respect to the Claims in any proceeding before the Wise Counselor, the Wise Counselor grants injunctive relief, or a combination of monetary damages of less than $500 million and injunctive relief, and any of the losing parties believes that the value of the injunctive relief or the damages plus injunctive relief is greater than $500 million, such party may, at its sole option, within 10 Business Days after the determination of the Wise Counselor, make an offer in writing to the winning party or parties, of $500 million in the aggregate to all the winning parties with respect to such claims (the "Settlement Offer"). If the Settlement Offer is not accepted by all of the winning parties within 20 days after receipt of the Settlement Offer, the injunctive relief, or the award and the injunctive relief, as the case may be, shall be deemed to be an award of monetary damages in excess of $500 million, and the procedures described in Section 24.5 shall apply. If the winning party or parties accept the Settlement Offer, the losing party or parties shall within 10 Business Days after receipt of written confirmation of the winning party or parties of their acceptance of the Settlement Offer, pay the $500 million to the winning party or parties by wire transfer of same day funds to the bank account or accounts designated by it or them. Thereupon, the losing party or parties shall be released from all liability for the Claims, including injunctive relief, that were the subject of the arbitration proceeding and any comparable Claims, and the winning party or parties will have no further recourse with respect thereto.

Settlement Offer. Upon completion of the Mergers, and subject to the issuance of the Stock Consideration to IDC and the Atlantic Consideration to Atlantic, SeqLL shall (i) deposit in a restricted bank account designated by Atlantic with an amount equal to cash on hand (at all SeqLL bank and other financial institutions)at the Closing of the Merger less any amounts allocated for pre-Closing expenses, as set forth in the Asset Purchase Agreement with the remainder, if any, to be used only for the purpose of making cash payments in connection with Settlements (as defined below), and (ii) deposit approximately 3,490,318 shares of SeqLL common stock in escrow with SeqLL’s transfer agent that would provide the SeqLL Legacy Stockholders with $12 million of value of SeqLL Common Stock in lieu of effecting that certain dividends provided under the M/A and approved at the August 2023 Stockholders Meeting (“Dividends”).

Settlement Offer. ‌ By mutual agreement, the parties may refer a grievance to the processes defined in Section 87 or Section 104 of the Labour Relations Code as an alternative to the aforementioned arbitration procedure.

Settlement Offer. On or after July 30, 2011, did you get a settlement offer from the at-fault person or their liability insurance, or from uninsured (UM) or underinsured motorist (UIM) coverage that you wanted to accept? If so, provide the date of the offer and the amount. (If you received more than one offer, then please provide the information for each offer.) 1. Date of Settlement Offer You Wanted to Accept: / / MM/DD/YYYY Amount of Settlement Offer: $ 2. Date of Settlement Offer You Wanted to Accept: / / MM/DD/YYYY Amount of Settlement Offer: $