Monetary Terms. All references to "Dollars" or "$" shall mean US Dollars unless otherwise specified.
Monetary Terms. 1. The Foundation Parties, collectively, agree to pay the amount of $7,200,000 (seven million, two hundred thousand dollars) (the “settlement funds”) subject to the payment schedule and qualifying reductions set forth in this agreement. Payment of the settlement funds will be made payable to the Attorney General’s Office, and it may be done so via check, ACH, or other accepted electronic payment. The Attorney General will retain $400,000 (four hundred thousand dollars) from the first payment made by Foundation Parties for reimbursement of investigation costs. (Govt. Code, §§ 12586.2, 12598.) The Attorney General will forward all remaining settlement payments to the California Community Foundation. The California Community Foundation will set up a fund for the benefit of the people of Lithuania with the following two distinct purposes: (1) for the education of disadvantaged Lithuanian orphans and children in the Vilnius region; and (2) for the charitable purposes of Zelva village, for example the establishment of a trade school, teacher training or seminary, financial assistance for needy students with above average grades, and senior citizens. All Notices and evidence of payments of the settlement shall be forwarded to the Attorney General to the attention of Deputy Attorney General Xxxxxx X. Xxxxxxxxxx by both email and U.S. mail, at 000 X. Xxxxxx Xxxxxx, Xxx Xxxxxxx, XX 00000, (000) 000-0000; xxxxxx.xxxxxxxxxx@xxx.xx.xxx. The payments of the settlement funds will be made as follows: Payment #1: The amount of $1.3 million shall be payable within 90 days from the date this settlement agreement is signed by all parties. Remaining Payments: The remaining $5.9 million is due as follows:
Monetary Terms. All amounts expressed in dollars or "$" in this Agreement shall mean dollars of the United States of America.
Monetary Terms. All monetary terms set forth herein are expressed in U.S. dollars.
Monetary Terms. DPS may not be required to fund, staff, or provide any other resources to support this research proposal.
Monetary Terms. Within ninety (90) days of the execution of this Agreement, VDOC will pay $250,000 to Plaintiffs. This amount is inclusive of attorneys’ fees and costs. This sum will be provided by check addressed to the American Civil Liberties Union Foundation of Virginia.
Monetary Terms. All amounts expressed in pound sterling or "pounds sterling " in this Agreement shall mean pound sterling in the United Kingdom.
Monetary Terms. The City of Cincinnati, on behalf of the Defendants, shall pay six million dollars to the Plaintiffs as valuable consideration in full and final settlement of all claims and causes of action, as set forth below, including all claims for attorney fees and costs payable under any provision of law. Such payment is expressly conditioned on an appropriation of the $6 million, as well as the $250,000.00 for the Team, by Cincinnati City Council. The City shall pay the filing fee for the QSF petition. The Plaintiffs will pay all other costs associated with the QSF administrator. Within 30 days of the passage of such Ordinance, payment shall be made to the Xxxx Plush Qualified Settlement Fund established in the United States District Court as ordered by said Court. The Fund shall be paid in a manner that protects the Fund’s ability to fund the qualified settlement fund (QSF), special needs trusts, Medicaid payback pooled trust accounts, and/or fund structured settlement annuity contracts, or similar instruments. All payments are made on account of personal physical injury under Internal Revenue Code Section 104(a)(2). The source and origin of the claim and monetary payment is the physical injury to and death of Xxxx Xxxxx. No payments are made on account of punitive damages of any kind. Defendants make no representations as to the tax consequences of the settlement or of this Agreement. This Agreement is not contingent upon acceptance by the Internal Revenue Service of the characterization of the nature of payments as set forth in this Paragraph. This Agreement is contingent on the approval of the Probate Court of Hamilton County.
Monetary Terms. (a) Subject to the terms of this Settlement Agreement (including the Supplemental Agreement), and in settlement of the claims of the Class defined in Section 1(c) and of all claims in the Action, and in consideration of the release set forth in Section 5 hereof, CMS agrees that it shall pay a total of $6,975,000.00 (the “Settlement Amount”), within ten (10) business days after the preliminary approval of the Settlement by the Court, into an interest bearing, segregated In re Natural Gas Commodity Litigation escrow account (the “Settlement Fund”) which shall be maintained by Lead Counsel under supervision of the Court, and shall be distributed solely at such times, in such manner and to such Persons as shall be directed by subsequent orders of the Court. The parties intend that the Settlement Fund be treated as a “qualified settlement fund” within the meaning of Treasury Regulation § 1.468B. Lead Counsel shall ensure that the Settlement Fund at all times complies with Treasury Regulation § 1.468B in order to maintain its treatment as a qualified settlement fund. To this end, Lead Counsel shall ensure that the Settlement Fund is approved by the Court as a qualified settlement fund and that any escrow agent or other administrator of the Settlement Fund complies with all requirements of Treasury Regulation § 1.468B-2.
Monetary Terms. 3 Section 1.3 Hereof.....................................................3 Section 1.4 Plural and Singular........................................3 Section 1.5 Including..................................................3 ARTICLE II
