Financial Compensation definition

Financial Compensation means funds received by the Bank in accordance with Article 17 (2) of Regulation No. 2018/1229 supplementing the CSDR, with regard to regulatory technical standards on settlement discipline, as a result of the Transaction Settlement Failure and which, for this reason, belong to the Client.
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Financial Compensation means the amount that will be paid by the Contractor to the City for the right to operate Devices within the Service Area;
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Examples of Financial Compensation in a sentence

  • In the event that we, a depositor or a fund manager are unable to meet the liabilities to you in full, you may be entitled to redress from the Financial Compensation Scheme (FSCS).

  • This grant is made expressly subject to the Voya Financial Compensation Recoupment Policy (which is available on the Voya Intranet) and/or any similar policy(ies), as in effect from time to time (the “Compensation Recoupment Policies”).

  • In the event of such termination, Employee shall only be entitled to his unpaid Financial Compensation through the date of termination but shall not be entitled to any unpaid Stock Compensation unless required by law.

  • When a vacancy for a Specialist position has not been filled by the ▇▇▇▇▇▇ Center within a reasonable amount of time, the Parties agree to meet and may adjust the Schedule of Financial Compensation, Exhibit B, accordingly.

  • You agree when presenting the MWR Financial Compensation Plan to present it in its entirety as outlined in official MWR Financial materials, emphasizing that sales to end consumers are required to receive compensation in the form of bonuses on downline volume.

  • The concomitant financial obligations of each of the Municipalities for the Community Outreach Program are set out and incorporated into this Agreement in Attachment B, the Schedule of Financial Compensation.

  • Cheviot Financial has made available to MainSource true and correct copies of the Cheviot Financial Compensation and Benefit Plans.

  • Subject to the terms and conditions hereof, on the date hereof, the Sellers hereby sell and transfer to the Buyer, and the Buyer acquires from the Sellers, 100% of the Shares, jointly with all their rights and obligations, free and clear of all Encumbrances (except for any obligations of the Sellers arising out of the Financial Compensation Commitment Agreement (Instrumento Particular de Compromisso de Compensação Financeira) entered into on December 19, 2017).

  • MutualFirst Financial has made available to Northwest Bancshares true and correct copies of the MutualFirst Financial Compensation and Benefit Plans.

  • There is no material pending or, to the Knowledge of Colonial Financial, threatened, action, suit or claim relating to any of the Colonial Financial Compensation and Benefit Plans (other than routine claims for benefits).

Related to Financial Compensation

  • Special compensation means payment to an adult foster care facility to ensure the provision of a specialized program in addition to the basic payment for adult foster care. Special compensation does not include payment received directly from the Medicaid program for personal care services for a resident, or payment received under the supplemental security income program.

  • Final compensation of a member means:

  • Total Compensation means the cash and noncash dollar value earned by the executive during the Contractor’s preceding fiscal year and includes the following (for more information see 17 CFR 229.402(c)(2)):

  • Eligible Compensation means, with respect to each Participant for each pay period, the full salary and wages paid to such Participant by the Company or a Participating Subsidiary, including commissions, bonuses (to the extent not excluded below), overtime pay and shift differentials. Except as otherwise determined by the Committee, “Eligible Compensation” does not include

  • Mutual Compensation as defined in Appendix Reciprocal Compensation.