Initial Settlement Agreement definition

Initial Settlement Agreement means the agreement of even date herewith made between the Parties as at such date modifying and suspending the provisions of this Agreement for an initial period and setting out inter alia the rules and procedures for the operation of the electricity trading pool referred to in Recital (E) and for the operation of a settlement system and the procedures for the development of the phases and pool rules during such initial period, as amended, varied, supplemented, modified or suspended from time to time;
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Initial Settlement Agreement means the agreement dated February 24, 2000, providing for the settlement of the claims of the Lionaird Class and the North George Class against M.R.S. Trust Company, Stewart and Associates and Robert McGillen.
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Initial Settlement Agreement means the agreement of that title dated 30 March 1990 (as amended) which, for an initial period, modifies or suspends certain provisions of the Pooling and Settlement Agreement;
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Examples of Initial Settlement Agreement in a sentence

  • Under the Initial Settlement Agreement, the Lionaird Class was to receive $500,000 and the North George Class was to receive $100,000.McColl Turner sought leave to appeal the Court's order certifying the Action as a class proceeding.

  • This will result in the Initial Settlement Agreement being completed and the funds payable thereunder being distributed to the class members as described below under the heading "Proposed Use, Application and Distribution of Funds".

  • In addition, McColl Turner will abandon its appeal of the Initial Settlement Agreement and the funds payable under that agreement will also be available for distribution to the North George Class and the Lionaird Class.

  • No further or other appeals of this decision are available and, accordingly, the Action will proceed as a class action.McColl Turner also appealed the Court's decision to approve the Initial Settlement Agreement vis-à-vis North George.

  • The McColl Turner Settlement Agreement also provides that McColl Turner will abandon its appeal of the Initial Settlement Agreement.

  • Robert McGillen, a lawyer retained by some of the North George Partnerships.In April 2000, the Court approved an agreement (the "Initial Settlement Agreement") to settle all claims of the Lionaird Class and the North George Class as against M.R.S. Trust Company, Stewart and Associates and Robert McGillen.

  • A hearing before the Court of Appeal of Ontario was scheduled for December 11, 2000.Pending the hearing of this appeal, the defendants who were parties to the Initial Settlement Agreement took the position that the Agreement could not be completed and the settlement funds payable thereunder could not be distributed to the class members.The Lionaird Class did, however, receive a distribution of the funds recovered on their behalf by Kroll Lindquist Avey in their capacity as interim receiver for Lionaird.

  • Of this amount, $485,000 is payable under the McColl Turner Settlement Agreement and $100,000 is payable under the Initial Settlement Agreement.

  • An Initial Settlement Agreement was filed in26 Docket No. 4994 on July 3, 2020, for which KCWA was a signer.

  • On or about December 21, 2011, the District Court approved the proposed Initial Settlement Agreement and overruled all objections to the Initial Settlement.

Related to Initial Settlement Agreement

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.

  • Structured settlement agreement means the agreement, judgment, stipulation, or release embodying the terms of a structured settlement.

  • Settlement Agreements means any settlement reached in the U.S. Litigation with any of the Settling Defendants.

  • Final Settlement Date has the meaning set forth in Section 3.1(e).

  • Placement Agreement means the Placement Agreement relating to the offering and sale of Capital Securities in the form of Exhibit C.

  • Post-Closing Agreement shall have the meaning set forth in Section 8.9.

  • 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.

  • Viatical settlement broker means a person, including a life insurance producer as provided for in section 508E.3, who, working exclusively on behalf of a viator and for a fee, commission, or other valuable consideration, offers or attempts to negotiate viatical settlement contracts between a viator and one or more viatical settlement providers or one or more viatical settlement brokers. Notwithstanding the manner in which the viatical settlement broker is compensated, a viatical settlement broker is deemed to represent only the viator, and not the insurer or the viatical settlement provider, and owes a fiduciary duty to the viator to act according to the viator’s instructions and in the best interest of the viator. “Viatical settlement broker” does not include an attorney, certified public accountant, or a financial planner accredited by a nationally recognized accreditation agency who is retained to represent the viator and whose compensation is not paid directly or indirectly by the viatical settlement provider or purchaser.

  • Put Agreement means an agreement dated as of August 13, 2008, as amended, among the Company, OT LLC and Rio Tinto Alcan.

  • Payment Agreement means a written agreement which provides

  • Viatical settlement contract or “contract” means a written agreement entered into between a provider and a viator in which the provider will pay consideration that is less than the expected death benefit of the viator's policy in return for the viator's assignment, transfer, sale, devise, or bequest of the death benefit or ownership of the policy to the provider.

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Operating Agreement, section 3.3. PJM Tariff, Xxxxxx, O.A.T.T., OATT or PJM Open Access Transmission Tariff: “PJM Tariff,” “Tariff,” “O.A.T.T.,” “OATT,” or “PJM Open Access Transmission Tariff” shall mean that certain PJM Open Access Transmission Tariff, including any schedules, appendices or exhibits attached thereto, on file with FERC and as amended from time to time thereafter. Plan:

  • Final Settlement Statement has the meaning set forth in Section 2.6(b).

  • Netting agreement means a netting agreement, master netting agreement or other similar document having the same effect as a netting agreement or master netting agreement and, as applicable, any collateral annex, security agreement or other similar document related to any master netting agreement or Permitted Contract.

  • Put Option Agreement has the meaning set forth in the recitals.

  • Underwriting Agreement means the Underwriting Agreement, dated ______ __, 19__, among the Trust, the Depositor and the underwriters named therein.

  • Call Settlement Date means the fifth Business Day following the last Index Business Day in the Call Measurement Period.

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • Subscription Settlement Date means the second Valuation Date after the Subscription Trade Date, provided that such Valuation Date is not a Disrupted Day and that such Valuation Date is both a Currency Business Day and a Clearing System Business Day.

  • Placement Agent Agreement means that certain placement agent agreement dated as of the date hereof between the Company and the Placement Agent.

  • Private Placement Agreement has the meaning set forth in Annex A hereto.

  • Initial Purchase Agreement means the Purchase Agreement (including the related Blanket Endorsement, Initial Xxxx of Sale and any attachments thereto) substantially in the form of Attachment A hereto (of which these Master Terms form a part by reference), to be executed by VL Funding, the VL Funding Eligible Lender Trustee on behalf of VL Funding, Funding and the Interim Eligible Lender Trustee on behalf of Funding, which shall certify that the representations and warranties made by VL Funding as set forth in Sections 5(A) and (B) and by the Servicer as set forth in Section 5(C) of these Master Terms are true and correct as of the Closing Date.

  • Exchange Agreement has the meaning set forth in the Recitals.

  • Subsequent Transfer Agreement A Subsequent Transfer Agreement substantially in the form of Exhibit P hereto, executed and delivered by the Sellers, the Depositor and the Trustee as provided in Section 2.01(d).

  • Master Transaction Agreement has the meaning set forth in the recitals.

  • Exchange Agent Agreement has the meaning set forth in Section 2.5(a).