Final Settlement definition

Final Settlement means permanent settlement of the Contractor’s actual allowable costs or expenditures as determined at the time of audit, which shall be completed within three years of the date the year-end cost settlement report was accepted for interim settlement by the State. If the audit is not completed within three years, the interim settlement shall be considered as the final settlement.
Final Settlement means payment of money from a third party liable for the injury, illness, or disease of a member whether by compromise, judgment, court order, or restitution, which payment is intended as the total compensation for the injury, illness, or disease caused by the liable third party.
Final Settlement means the amount that an insurer owes under a property insurance policy to the named insured and other interests named in the policy for loss to any insured building or other structure affixed to land that is caused by fire or explosion, excluding any amount payable for loss to contents or other per- sonal property, for loss of use or business interruption and any amount payable under liability coverage under the policy, and that is determined by any of the following means:

Examples of Final Settlement in a sentence

  • All payments are interim payments only, and 23 subject to Final Settlement in accordance with the Cost Report Paragraph of the Agreement for which 24 CONTRACTOR shall be reimbursed for the actual cost of providing the services hereunder; provided, 25 however, the total of such payments do not exceed the Maximum Obligation as specified in the 26 Referenced Contract Provisions of the Agreement, and provided further, CONTRACTOR’s costs are 27 reimbursable pursuant to COUNTY, state, and federal regulations.

  • The Trustees anticipate releasing a Draft Restoration Plan (DRP) for public review after: 1) the Final Settlement Agreement has been executed by EMPCo and the Trustees; the Trustees have received payment of the cash settlement dollar amount from EMPCo; and 3) the Trustees have identified a preferred compensatory alternative.

  • All payments are interim payments only, and subject to Final Settlement in accordance with the Cost Report Paragraph of the Agreement for which CONTRACTOR shall be reimbursed for the actual cost of providing the services hereunder; provided, however, the total of such payments do not exceed the Maximum Obligation as specified in the Referenced Contract Provisions of the Agreement, and provided further, CONTRACTOR’s costs are reimbursable pursuant to COUNTY, state, and federal regulations.

  • The Trustees will present this Final DAPRP to EMPCo as part of the Final Settlement Agreement, which will require payment of the Trustees’ past assessment costs (see Section IV of the Final Settlement Agreement) and future implementation costs (i.e. $2,014,500.00) related to the compensatory restoration alternative to be implemented in the future.

  • This Agreement will be binding upon and inure to the benefit of the Parties, the Final Settlement Class members, and their successors and assigns.


More Definitions of Final Settlement

Final Settlement means a determination of the amount due and owing to the insured for a loss to insured real property, but does not include contents damage, losses to personal property, or additional coverage not contained in the building coverage portion of the fire insurance policy, which determination is made by any of the following means:
Final Settlement means the settlement approved by the Court in the Final Order and Judgment as fair, reasonable, and adequate.
Final Settlement means final settlement under the Settlement System Code;
Final Settlement means the final calculation of settlement (S3) performed for the settlement Month, as described in the Natural Gas Settlement System Code;
Final Settlement means permanent settlement of the Contractor’s actual allowable costs or expenditures as determined at the time of audit, which shall be completed within three years of the date the year-end cost settlement report was accepted for interim settlement by DHCS. If the audit is not completed within three years, the interim settlement shall be considered as the final settlement.
Final Settlement has the meaning specified in Section 8.1(e)
Final Settlement means a determination of the amount due and owing to the insured, for a loss to insured real property, by any of the following means: