Examples of Accelerated Final Payment in a sentence
Notwithstanding any of the forgoing provisions of this Section IX, any Primary Plaintiff whose claims are selected by the Allocation Neutral for an audit pursuant to Section XI.M or XI.N of this Agreement shall not be entitled to an Accelerated Final Payment or an Interim Payment, if any, until completion of the audit as it pertains to that Primary Plaintiff.
Each Derivative Plaintiff who satisfies the eligibility requirements of Section VII.B of this Agreement shall receive an Accelerated Final Payment equal to three and one-half percent (3.5%) of the Accelerated Final Payment to the corresponding Primary Plaintiff on the date of the Accelerated Final Payment to the corresponding Primary Plaintiff.
Notwithstanding any of the forgoing provisions of this Section IX, any Primary Plaintiff who submits a Reconsideration Request, or a Reconsideration Request and subsequent Appeal, pursuant to Section XIV of this Agreement shall not be entitled to receive an Accelerated Final Payment or an Interim Payment, if any is otherwise due hereunder, until the Allocation Process is final and binding as respects that Primary Plaintiff as set forth in Section XIV of this Agreement.
Nothing in this Section IX.E shall prevent any Plaintiff from providing to the Allocation Neutral a signed waiver of his or her right to submit a Reconsideration Request in order to expedite his or her receipt of an Accelerated Final Payment or Interim Payment otherwise due under this Agreement.
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A Primary Plaintiff who participates in Tier 2 and who the Allocation Neutral determines satisfies the Tier 2 proof requirements set forth in this Section VIII.C shall be further entitled to the Tier 2 Accelerated Final Payment for the Primary Plaintiff’s Master Docket, as set forth in Section IX.B of this Agreement.
A Primary Plaintiff who submits a Tier 3 Claim Form and who the Allocation Neutral determines satisfies the Tier 3 proof requirements set forth in this SectionVIII.D shall be further entitled to the Tier 3 Accelerated Final Payment for the Primary Plaintiff’s Master Docket, as set forth in Section IX.B of this Agreement.
Ltd.Amount (Rs. in lakhs)BNP Paribas Medium Term Fund Note 4: BNP Paribas Trustee India Pvt.