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 to be paid to Plaintiff, in 19 recognition of his effort and work in prosecuting the Action on behalf of Class Members and PAGA 20 Employees, and general release of claims, as set forth in Plaintiff’s Released Claims and Paragraph 21 10.

Examples of Enhancement Payment in a sentence

• The Settlement Administrator will pay the Class Representative Enhancement Payment out of the Qualified Settlement Fund.

• Payroll tax withholdings and deductions will not be taken from the Class Representative Enhancement Payment.

• The Seller hereby agrees that, for the benefit of the Certificateholders, on the Business Day immediately preceding each Distribution Date it will remit to the Trustee for deposit into the Distribution Account the amount of any Enhancement Payment due for such Distribution Date as specified in the remittance report delivered by the Master Servicer.

• An IRS Form 1099 will be issued to Plaintiff with respect to his Class Representative Enhancement Payment.

• At least 5 Business Days prior to the applicable Record Date, the Company shall notify the Trustee in writing of the aggregate amount of the Yield Enhancement Payment, if any, to be paid on each Payment Date.

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 aggregate Available Distribution Amount.

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 the amount to be paid to Plaintiff in recognition

Enhancement Payment means any additional monetary payment provided to the Class

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 any additional monetary payment provided to the Named

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.