Entitlement Amount definition

Entitlement Amount means that portion of the Net Settlement Amount payable to an individual Class Member, as determined according to the procedures described in Article V herein.

Entitlement Amount means the amount of funds which a metropolitan city is entitled to receive under the Entitlement grant program, as determined by formula set forth in section 106 of the Act. Extent of growth lag shall have the meaning provided in section 102(a)(12) of the Act. Extent of housing overcrowding shall have the meaning provided in section 102(a)(10) of the Act. Extent of poverty means the number of persons whose incomes are below the poverty level based on data compiled and published by the United States Bureau of the Census available from the latest census referable to the same point or period in time and the latest reports from the Office of Management and Budget. For purposes of this part, the Secretary has determined that it is neither feasible nor appropriate to make adjustments at this time in the computations of “extent of poverty” for regional or area variations in income and cost of living. Family refers to the definition of “family” in 24 CFR 5.403.

Entitlement Amount means the amount of funds that a metropolitan city is entitled to receive under the Entitlement Grant Program as determined by formula set forth in Section 106 of the Act.

Examples of Entitlement Amount in a sentence

• Each Active Participant and each Inactive Participant shall be deemed 100% vested in their Entitlement Amount.

• Each Class Member’s share of the Net Settlement Fund shall be referred to as the “Entitlement Amount.” The Entitlement Amount is based on the quarterly values of each Class Member and the quarterly returns for both the WF TDF Fund vintage and the S&P TDF benchmark.

• The Plan’s recordkeeper shall thereafter within a reasonable time credit the individual Plan account of each Active Participant and Inactive Participant in an amount equal to that individual’s Entitlement Amount.

• Upon completing the calculation of each Class Member’s Entitlement Amount and no later than ninety (90) calendar days following the Effective Date, the Settlement Administrator shall issue a check from the Settlement Fund to each Non-Rollover-Electing Former Participant, in the amount of each Former Participant’s Entitlement Amount (less any withholdings), as long as the Entitlement Amount exceeds $10.00.

• If the Active Participant or Inactive Participant does not have an investment election on file, then such individual shall be deemed to have directed payment of his or her Entitlement Amount to be invested in the Plan’s qualified default investment alternative, as defined in 29 C.F.R. §2550.404c-5.

More Definitions of Entitlement Amount

Entitlement Amount means one Equity Linked Instrument.

Entitlement Amount means the amount of funds which a metropolitan city is entitled to receive under the Entitlement grant program, as determined by formula set forth in section 106 of the Act.

Entitlement Amount means, in relation to a Physical Delivery Security, the amount specified in the applicable Final Terms or determined by the Calculation Agent in accordance with the following: