Settlement Package Sample Clauses

Settlement Package. As consideration for this Agreement, the Company agrees to the following cash and stock option components (“Settlement Package”):
Sample 1
Settlement Package. To be provided within five years of the Registration Date of the Indigenous Land Use Agreement (ILUA) • Full and final compensation payable by the NT Government for the Surrender Area. • Invests in building the true commercial capability of LAAC. • Contributes to closing the gap between Aboriginal and non-Aboriginal Australians. • Provides practical benefits, including the co- investment in housing for Arrernte people. • Serves the interests of Aboriginal communities. • Provides social and economic development opportunities for Native Title groups, including » education and training; » employment and enterprise development; » housing; » recognition of ties to traditional country. • The compensation package invests in building the true commercial capability of LAAC, to be developed in the context of real and tangible projects, including the co- investment in housing for Arrernte people. • Long term cultural strengthening capacity could result from the compensation, underpinning cultural safety and respect for the traditional owner culture while delivering social and economic development opportunities for Native Title groups, including: » organisational capacity building of LAAC; » education and training; » employment and enterprise development; » housing; » recognition of ties to traditional country. • As the registered Native Title body corporate representing the native title interests of the Central Arrernte people, this long term organisational capacity building will position LAAC to best take advantage of economic, social and other opportunities as they arise. • The NT Government is currently in discussion with the National Indigenous Australians Agency (NIAA) to secure funding for LAAC to employ project and administrative personnel to assist with the delivery of the social and economic opportunities that will arise as a direct result from the settlement package and Collaboration and Capacity Building Agreement. • Young Aboriginal people are among the most disadvantaged in Central Australia. Young Arrernte people are fundamental to the continued vitality of Arrernte identity; however they often experience poor health, boredom, sporadic education, social dislocation and exclusion, high rates of incarceration and contact with the justice system, and inconsistent care within family structures. The compensation package aims to address some of these shortfalls and provide young Arrernte people with education and training opportunities that will set them up f...
Sample 1
Settlement Package. Glacier will pay, or cause to be paid, to CSFB on behalf of itself and all other parties having an interest in any of the Debt Instruments, an aggregate sum of $400,000 (the "Settlement Package") payable as follows: (a) $100,000 shall be paid upon the execution of this Agreement; (b) the balance of the Settlement Package shall be paid in fifteen equal payments of $25,000; with each payment made on fifteenth day of each month, commencing with the month following the month in which the payment referenced in section 1(b) above is made. The Parties agree that the Settlement Package shall constitute full satisfaction of all known and unknown amounts due and performance obligations that are payable or performable before and after the date hereof by Glacier and the Guarantors in connection with or arising under any of the Debt Instruments or otherwise payable by or performable by Glacier or Guarantors to CSFB, any affiliate of CSFB or any other entity with any interest whatsoever in and to the Debt Instruments or any document related to the Debt Instruments.
Sample 1
Settlement Package. The following definition of the term Settlement Package is inserted in the proper alphabetical location in Section 1:
Sample 1

Related to Settlement Package

  • Settlement Payment If the resulting net amount is positive, it shall be payable by the Defaulting Party to the Non-Defaulting Party, and if it is negative, then the absolute value of such amount shall be payable by the Non-Defaulting Party to the Defaulting Party.

  • Settlement Terms In respect of any Component:

  • Contract Closeout The Provider Agency shall comply with all requirements of Policy Circular P7.01, Contract Closeout, including the timely submittal of the Final Report of Expenditures and any other financial or programmatic reports required by the Department. All required documentation is due within 120 Days of Contract Expiration, Non-renewal or Termination.

  • Settlement Payments A. Unless the Court orders otherwise, each Participating Class Member will receive an equal, pro-rata portion of the Net Settlement Amount. The “Net Settlement Amount” is the Settlement Amount (plus any accrued interest thereon) reduced by any sums awarded by the Court for attorneys’ fees, litigation expenses, service payments, and all expenses of settlement administration (including expenses previously incurred and the Settlement Administrator’s good faith estimate of future expenses to be incurred). The pro-rata share of each Participating Class Member shall be computed by dividing the Net Settlement Amount by the number of Participating Class Members. B. As soon as practicable after the Effective Date, the Settlement Administrator will transmit to each Participating Class Member that person’s settlement payment, which may be in the form of a check or an electronic payment such as Venmo, direct deposit/ACH, or PayPal. The settlement payment will be accompanied by a statement that the Participating Class Member should consult his or her tax advisor regarding the tax consequences of the settlement payment. In the event any check is returned to the Settlement Administrator as undeliverable, or in the event any electronic payment is unable to be processed, the Settlement Administrator will attempt to contact the Participating Class Member by telephone or email or perform a skip trace to attempt to locate a current address or other relevant information necessary to re-issue payment. Any payment instrument not negotiated within ninety (90) days of its mailing or other transmission by the Settlement Administrator will be void. Any portion of the Settlement Amount, including accrued interest, that remains unpaid at the end of such ninety-day period will be paid to one or more cy pres recipients mutually proposed by the Parties and approved by the Court, unless the Court orders otherwise.

  • Settlement Procedure 4.1. The Client has the right to withdraw his/her own funds which are not encumbered with deposit obligations or Commission payments in case of Copy Trading. 4.2. Money transfers are made within 1-3 banking days. 4.3. Money transfer can be deferred by the Company for the period of 14 working days in exceptional cases requiring verification of compliance of trading and non-trading operations conducted by the Client with the terms and conditions of this Agreement. If such situation occurs, Company shall immediately notify Client by e-mail specified in the Client Profile. The Client has the right to request the status of the verification process only by contacting Trading operations department by e-mail at: xxxxxxx@xxxxxxxxxxx.xxx. 4.4. The Client’s payment instruction received, the amount to withdraw is deducted from the 4.5. In case of return of funds, the Client pays transfer fees. 4.6. The Client gives all instructions related to deposits and withdrawals of funds from the account through the Client's Profile in the order determined by the algorithm of Client's Profile operation. 4.7. The Company corrects balances in the accounts with a fixed negative value in the “Balance” column in the trading terminal on the 1st of each month. Correction (setting to zero) of trading accounts shall be applied solely to those accounts in which no trades are conducted at the moment of correction, i.e. no active open trading positions are present (pending orders will not be considered). Bonus funds are deducted from the “Credit” column with the comment “bonus_out (negative balance)”. At the same time, funds in the amount equal to the negative balance value are put into the account with the comment “Zero Balance Correction”. 4.8. The Client can withdraw funds from his/her account using any payment system which is accessible in the Client’s Profile. 4.8.1. If funds withdrawal is made via electronic payment systems, the withdrawal is possible only to the same system and with the same payment details within the system that were used to top up the trading account, and in same currency in which the deposit was made. If the account was topped up by different ways, in various currencies and using different payment details, withdrawals should be made proportionally. 4.8.2. If the Client’s payment details within the payment system are changed for some reason, the Client shall notify the Company by sending an email to the financial department with a photo where the Client is holding an ID close to his/her face attached. Otherwise, the Company reserves the right to deny funds withdrawal by use of new payment details. 4.9. Deposit of Client’s funds can be made by any methods available on the Company’s site. 4.9.1. The Client acknowledges that in case of software failure there can be delays in depositing funds in his/her trading account. 4.9.2. The Company undertakes to deposit funds in the Client’s trading account in case of any software failure resulting in delay in automated deposit provided that the Company was informed about the delay by the Client. 4.10. The Company doesn’t charge any deposit or withdrawal fees from Clients’ trading accounts. 4.11. The Client understands and accepts the fact that his/her money withdrawal request may be declined, and money will be retransferred to the Client’s account if the Client did not provide necessary identification information (copy of ID document, bank card or any other documents required by the Company based on the AML policy) upon the Company’s request via the Client’s Profile within 7 (seven) business days following the request. 4.12. The Client agrees that the Company may accept and make payments through payment agents. In particular, Skrill and Neteller payments are processed through LiteFinance Consulting Limited registered at Xxxxxx 00 Xxxxxxxx Xxxxx, 00 Xxxx Xxxxxx, XX 11 1 AA, Gibraltar, and acting as a payment agent of LiteFinance Global LLC.

  • Settlement Statement A settlement statement setting forth the amounts paid by or on behalf of and/or credited to each of Purchaser and Seller pursuant to this Agreement;

  • Settlement Website Within ten (10) days from entry of the Preliminary Approval Order, Notice shall be provided on a website at an available settlement URL (such as, for example, xxx.XXxxxxxxxxxxxxxxxxxx.xxx) which shall be obtained, administered and maintained by the Settlement Administrator and shall include the ability to file Claim Forms on- line, provided that such Claim Forms, if signed electronically, will be binding for purposes of applicable law and contain a statement to that effect. The Notice provided on the Settlement Website shall be substantially in the form of Exhibit D hereto.

  • Settlement Class The “Rule 23(b)(3) Settlement Class Releasing Parties” are the Class Plaintiffs, each and every member of the Rule 23(b)

  • Contract Closure Contracting Officer shall give appropriate written notice to Purchaser when Purchaser has complied with the terms of this contract. Purchaser shall be paid refunds due from Timber Sale Account un- der B4.24 and excess cooperative deposits under B4.218.

  • Settlement Price For any Valuation Date, the per Share volume-weighted average price as displayed under the heading “Bloomberg VWAP” on Bloomberg page WMGI <equity> AQR (or any successor thereto) in respect of the period from the scheduled opening time of the Exchange to the Scheduled Closing Time on such Valuation Date (or if such volume-weighted average price is unavailable, the market value of one Share on such Valuation Date, as determined by the Calculation Agent). Notwithstanding the foregoing, if (i) any Expiration Date is a Disrupted Day and (ii) the Calculation Agent determines that such Expiration Date shall be an Expiration Date for fewer than the Daily Number of Warrants, as described above, then the Settlement Price for the relevant Valuation Date shall be the volume-weighted average price per Share on such Valuation Date on the Exchange, as determined by the Calculation Agent based on such sources as it deems appropriate using a volume-weighted methodology, for the portion of such Valuation Date for which the Calculation Agent determines there is no Market Disruption Event.