Enhancement Payment definition

Enhancement Payment. With respect to any Distribution Date on or prior to the Distribution Date on which the Seller Loss Coverage Amount is reduced to zero, the amount of Realized Losses with respect to Mortgage Loans, provided, however, that with respect to the Distribution Date on which the amount of Realized Losses are greater than the Seller Loss Coverage Amount, the Enhancement Payment for such Distribution Date shall be the Seller Loss Coverage Amount.

Enhancement Payment means the amount approved by the Court to be paid to the Class

Enhancement Payment means the amount that the Court authorizes to be paid to Plaintiff, in addition to her Individual Settlement Payment, in recognition of her efforts and risks in assisting with the prosecution of the Lawsuit and in exchange for her executing a General Release of Defendant, paid from the Gross Settlement Amount.

Examples of Enhancement Payment in a sentence

• In exchange for a general release, and in recognition of 14 her efforts and work in prosecuting the Action on behalf of the Class Members and Xxxxxxxxx 15 Employees, Xxxxxxxxx agrees not to oppose or impede any application or motion for an 16 Enhancement Payment not to exceed Four Thousand Dollars and Zero Cents ($4,000.00) to 17 Plaintiff, to be approved by the Court.

• The Enhancement Payment will be paid from the Gross 18 Settlement Amount and will be in addition to Plaintiff’s Individual Settlement Payment and 19 Individual PAGA Payment.

• The Court’s decision to award less than the amounts requested for the Class Representative Enhancement Payment, FLSA Opt-In Plaintiffs Enhancement Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment and/or Administrator Expenses Payment shall not constitute a material modification to the Agreement within the meaning of this paragraph.

More Definitions of Enhancement Payment

Enhancement Payment. As to any Distribution Date and the immediately ------------------- preceding Collection Period, the amount by which the aggregate amount distributable to the Class A Certificateholders pursuant to Sections 5.02(a)(i) and (ii) exceeds the sum of (x) the aggregate Available Distribution Amount and (y) any Draw Amounts received by the Trustee two Business Days prior to such Distribution Date in respect of Section 5.01(a)(i) and (ii).

Enhancement Payment. As to any Distribution Date and the immediately ------------------- preceding Collection Period, the amount by which the aggregate amount distributable to the Class A Certificateholders pursuant to Sections 5.02(a)(i) and(ii) exceeds the aggregate Available Distribution Amount.

Enhancement Payment means the payment paid to Plaintiff in exchange for a 25 general release, and in recognition of her efforts and work in prosecuting the Action on behalf of 26 the Class Members.

Enhancement Payment means any additional monetary payment provided to the Named

Enhancement Payment means a payment approved by the Court for payment to a Class Representative or other specifically identified Class Members in recognition of such person’s special contribution to, and/or risks undertaken in support of, the

Enhancement Payment means such award as the Court may authorize to be paid to the Plaintiff in recognition for his services in having served as the Class Representative, of an amount not to exceed Ten Thousand Dollars and no cents ($10,000.00), payable from the MSA in exchange for a full release of claims, known or unknown, against the Released Parties.

Enhancement Payment means the amount to be paid to Plaintiff in recognition