Initial Settlement Payment definition

Initial Settlement Payment has the meaning set forth in section 6.2(c)(i).
Sample 1Sample 2Sample 3
Initial Settlement Payment means an amount of money equal to fifty- five percent (55%) of all Post-Production Costs reflected as deductions from Gas Royalty payments made by Chesapeake to Settlement Class Members under the Pennsylvania Leases prior to September 1, 2013.
Sample 1
Initial Settlement Payment means the payment of a sum certain required to be made by Borrower to F-K in accordance with Paragraph 14 of the Settlement Agreement.
Sample 1

Examples of Initial Settlement Payment in a sentence

  • The adjusted Monthly Clean Coal Rates for the next Contract Year will be utilized to calculate the Initial Settlement Payment and Final Settlement Payment for each Contract Month in the next Contract Year as determined in section 6.2(c).

  • The Secretary shall accept the Pueblo’s determinations as reflected in this Agreement and the Tribal Resolution attached as Exhibit B, including that: (1) the Initial Settlement Payment, Additional Settlement Payment and any Adjusted FMV Settlement Payment are satisfactory, (2) valuation is waived, and (3) accepting such agreed-upon compensation and waiving valuation is in the Pueblo’s best interest.

  • If any Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuer to comply with the preceding paragraph, and interest, if any, shall be paid on the unpaid principal from the redemption date until such principal is paid, and to the extent lawful on any interest, if any, not paid on such unpaid principal, in each case, at the rate provided in the Notes and in Section 4.1.

  • Plaintiffs’ Counsel will be solely responsible for managing the investment of the Initial Settlement Payment while in escrow.

  • Upon receipt of the Initial Settlement Payment, notwithstanding any appeals of the Preliminary Approval Order, the Bar Order, or both, subject to the approval of the District Court in the SEC Action, the Receiver shall be permitted to use funds from the Initial Settlement Payment to make the payments delineated in Sections 3(d)(ii), 3(d)(iii) and 3(d)(iv) below.

  • If the Final Settlement Payment is less than the Initial Settlement Payment, then Seller shall pay Buyer the difference.

  • The County shall pay the Pueblo $1,750,000.00 (“Initial Settlement Payment”), which Initial Settlement Payment shall be deposited with the Escrow Agent in accordance with Section 2(C) below.

  • If you do nothing, your recovery will be limited to the Initial Settlement Payment.

  • To the extent that the Receiver uses any portion of the Vermont Settlement Funds to pay contractor claims or expenses pursuant to Section 3(d)(iii) below, upon receipt of the Initial Settlement Payment, the Receiver shall promptly replenish the Vermont Settlement Funds with the amount so used by the Receiver.

  • The Initial Settlement Payment shall be paid in three separate checks delivered to counsel for CEH at the address set forth in Section 8.1 below.


More Definitions of Initial Settlement Payment

Initial Settlement Payment. As defined in Section 1.3.
Sample 1
Initial Settlement Payment means the initial installment payment of $75,000.00
Sample 1
Initial Settlement Payment. As defined in Section 1.3. JUDGMENT: Any judgment, writ, order or decree of or by any court, judge, justice or magistrate, including any bankruptcy court or judge, and any order of or by any other Governmental Agency or Authority.
Sample 1
Initial Settlement Payment has the meaning set forth in Section 4(b) (Initial Settlement Payment).
Sample 1
Initial Settlement Payment means an initial settlement payment of $7,500,000 to be made by the Wellstat Parties to PDL.
Sample 1

Related to Initial Settlement Payment

  • Individual Settlement Payment means the amount payable from the Net

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Final Settlement Date has the meaning set forth in Section 2.4(c).

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

  • Physical Settlement Amount For any Settlement Date for which Physical Settlement is applicable, an amount in cash equal to the product of (a) the Forward Price in effect on the relevant Settlement Date multiplied by (b) the Settlement Shares for such Settlement Date.

  • Early Settlement Amount has the meaning specified in Section 5.9(a).

  • Gross Settlement Amount means $240,000 which is the total amount Standard agrees to pay under the Settlement, except as provided in Paragraph 8 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

  • 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.

  • Structured settlement payment rights means rights to receive periodic payments under a structured settlement, whether from the structured settlement obligor or the annuity issuer, where:

  • Cash Settlement Date means, for each Financially Settled Futures Transaction, the Business Day determined by Exchange from time to time in accordance with industry practice for such Transaction, as posted on Exchange’s Website not less than one month prior to the occurrence of such date, other than Invoices issued as a result of a Contracting Party’s Default or under the Close- out Procedure which amounts require payment immediately;

  • 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.

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • Physical Settlement Date means the date (which may occur after the Scheduled Maturity Date) specified as such in the Intended Physical Settlement Notice falling 10 Business Days after the date of the Intended Physical Settlement Notice.

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

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Section 3.3 of the Operating Agreement.

  • Termination Settlement Date means, for any Terminated Obligation, the date customary for settlement, substantially in accordance with the then-current market practice in the principal market for such Terminated Obligation (as determined by the Calculation Agent), of the sale of such Terminated Obligation with the trade date for such sale occurring on the related Termination Trade Date.

  • Maximum Settlement Amount means the maximum amount the Company may be required to pay pursuant to this Settlement, which is the sum of Three Hundred Thousand Dollars ($300,000), excluding any of the Company’s employer-side share of FICA, FUTA, and other similar, mandatory employer-side payroll taxes. In no event shall the Maximum Settlement Amount exceed the foregoing sum.

  • Net Share Settlement Amount For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Mandatory Settlement Date means the earliest of:

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

  • Early Settlement Date has the meaning specified in Section 5.9(a).

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist of:

  • Settlement Date means, with respect to the Called Principal of any Note, the date on which such Called Principal is to be prepaid pursuant to Section 8.2 or has become or is declared to be immediately due and payable pursuant to Section 12.1, as the context requires.

  • Monthly Settlement Date means the 25th day of each calendar month (or if such day is not a Business Day, the next occurring Business Day).