Plan Reimbursement definition

Plan Reimbursement means the agreement between the Debtors, the Official Committee, and Mr. Charles J. Chanaratsopon, pursuant to which (a) Mr. Chanaratsopon shall pay $1,000,000 to the Debtors on the Effective Date in settlement of all potential claims and causes of action between Mr. Chanaratsopon and the Debtors, the proceeds of which shall be used by the Debtors to fund the Key Go-Forward Creditor Program and(b) the Debtors, the Official Committee, and Mr. Chanaratsopon shall provide mutual releases of all claims and Causes of Action they may hold against each other, consistent with the terms of the Plan Support Agreement and this Plan, except for an Allowed General Unsecured Claim in the amount of $1.25 million to be granted to Mr. Chanaratsopon on account of severance claims that accrued under his employment agreement following his resignation as CEO of the Debtors on October 17, 2017.
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Plan Reimbursement means the agreement between the Debtors, the Official Committee, and Mr. Charles J. Chanaratsopon, pursuant to which (a) Mr. Chanaratsopon shall pay $1,000,000 to the Debtors on the Effective Date in settlement of all potential claims and causes of action between Mr. Chanaratsopon and the Debtors, the proceeds of which shall be used by the Debtors to fund the Key Go-Forward Creditor Program and
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Examples of Plan Reimbursement in a sentence

  • All Reimbursement Requests must be made using the Wake Transit Work Plan Reimbursement Request and Financial Report template agreed to by the Parties and must include a signed statement by the Implementing Party’s Finance Officer or designee stating that funds were spent in accordance with the Wake Transit Work Plan and with all applicable laws, rules, and regulations, and that the Reimbursement Request includes items due and payable.

  • Within ninety (90) days of City’s approval of this Agreement, City shall establish a financing plan reimbursement fee, as set forth in Chapter 5 of Volume 1 of the Infrastructure Financing Plan, for purposes of reimbursing the Participating Developers who advance-funded the costs to prepare the Infrastructure Financing Plan (“Financing Plan Reimbursement Fee”).

  • On the Effective Date, the Debtors shall fund the Key Go-Forward Creditor Program with the Plan Reimbursement and, as soon as reasonably practicable thereafter, apply such funds in accordance with the Key Go- Forward Creditor Agreements.

  • City hereby agrees to collect the Financing Plan Reimbursement Fee prior to accepting any small lot final map for property owned by a Non-Participating Landowner, and to distribute said proceeds to the Participating Developers based on their pro-rata share, on a per-acre basis, within thirty (30) days of receipt thereof.

  • In addition, Class A shares, Premier shares and Dreyfus Class shares of each Fund indicated on Schedule B hereto are subject to an annual service fee at a rate not to exceed the rate set forth next to the Class on Schedule B in respect of the provision of personal services to shareholders of such Class and/or the maintenance of shareholder accounts, pursuant to a separate Shareholder Services Plan ("Reimbursement Services Plan").

  • The Plan Reimbursement Account may be used by the Plan to pay direct and necessary expenses of the Plan; these fees are reflected as appreciation in investments.

  • It authorizes a Missouri Flat Master Circulation and Funding Plan Reimbursement Fee, as described in the Missouri Flat Master Circulation and Funding Plan (MC&FP).

  • The reimbursement amounts, if any, are paid to the Plan in a Plan Reimbursement Account.

  • Its purpose is to authorize a Bass Lake Hills Specific Plan Reimbursement Fee, as described in the Bass Lake Hills Specific Plan.

  • All Reimbursement Requests must be made using the Wake Transit Work Plan Reimbursement Request and Financial Report Template agreed to by the Parties and must include a signed statement by the Implementing Party’s Finance Officer or designee stating that funds were spent in accordance with the Wake Transit Work Plan and with all applicable laws, rules, and regulations, and that the Reimbursement Request includes items due and payable.

Related to Plan Reimbursement

  • Expense Reimbursement has the meaning set forth in Section 8.2(c).

  • Cost Reimbursement means a contract which provides for a fee other than a fee based on a percentage of cost and under which a contractor is reimbursed for costs which are allowable and allocable in accordance with the contract terms.

  • Medical Reimbursement Programs means a collective reference to the Medicare, Medicaid and TRICARE programs and any other health care program operated by or financed in whole or in part by any foreign or domestic federal, state or local government and any other non-government funded third party payor programs.

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • Reimbursement means that DOH will repay the Contractor for allowable costs incurred under the terms of this contract.

  • Workout-Delayed Reimbursement Amounts With respect to any Mortgage Loan or Serviced Loan Combination, the amount of any Advance made with respect to such Mortgage Loan or Serviced Loan Combination on or before the date such Mortgage Loan or Serviced Loan Combination becomes (or, but for the making of three monthly payments under its modified terms, would then constitute) a Corrected Loan, together with (to the extent accrued and unpaid) interest on such Advances, to the extent that (i) such Advance is not reimbursed to the Person who made such Advance on or before the date, if any, on which such Mortgage Loan or Serviced Loan Combination becomes a Corrected Loan and (ii) the amount of such Advance becomes a future obligation of the Mortgagor to pay under the terms of modified Loan Documents. That any amount constitutes all or a portion of any Workout-Delayed Reimbursement Amount shall not in any manner limit the right of any Person hereunder to determine in the future that such amount instead constitutes a Nonrecoverable Advance.

  • Special Reimbursement Date means, the special payment date established in connection with a Reimbursement under Special Circumstances as described hereunder “Extraordinary Events and Special Circumstances – Reimbursement Under Special Circumstances and Payment”.

  • Workout-Delayed Reimbursement Amount As defined in subsection (II)(i) of Section 3.05(a).

  • Borrower Delayed Reimbursements Any Additional Trust Fund Expenses and reimbursements of Advances that the related Mortgagor is required, pursuant to a written modification agreement, to pay in the future to the Trust in its capacity as owner of the related Mortgage Loan.

  • Basic Compensation means Salary and Benefits.

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • Reimbursement Amount As defined in Section 2.04.

  • Administrative Costs means all costs and expenses associated with providing notice of the Settlement to the Settlement Class and otherwise administering or carrying out the terms of the Settlement. Such costs may include, without limitation: escrow agent costs, the costs of publishing the summary notice, the costs of printing and mailing the Notice and Proof of Claim, as directed by the Court, and the costs of allocating and distributing the Net Settlement Fund to the Authorized Claimants. Such costs do not include legal fees.

  • Trust Reimbursement Amount As defined in Section 3.06A(a) of this Agreement.

  • Compensation Year means a period of 12 months expiring 31 March in any year;

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Reimbursement Amounts As defined in Section 3.22.

  • Tuition means the total amount of money charged for the cost of a qualifying student to attend an independent school including, but not limited to, fees for attending the school and school-related transportation.

  • Recoverable Incentive Compensation means Incentive Compensation received by a Covered Officer during the Lookback Period that exceeds the amount of Incentive Compensation that would have been received had such amount been determined based on the Accounting Restatement, computed without regard to any taxes paid (i.e., on a gross basis without regard to tax withholdings and other deductions). For any compensation plans or programs that take into account Incentive Compensation, the amount of Recoverable Incentive Compensation for purposes of this Policy shall include, without limitation, the amount contributed to any notional account based on Recoverable Incentive Compensation and any earnings to date on that notional amount. For any Incentive Compensation that is based on stock price or TSR, where the Recoverable Incentive Compensation is not subject to mathematical recalculation directly from the information in an Accounting Restatement, the Administrator will determine the amount of Recoverable Incentive Compensation based on a reasonable estimate of the effect of the Accounting Restatement on the stock price or TSR upon which the Incentive Compensation was received. The Company shall maintain documentation of the determination of that reasonable estimate and provide such documentation to the Exchange in accordance with the Listing Standards.

  • Administration Costs means (i) the costs and expenses associated with the production and dissemination of the Notice (as defined in Section 2.10); (ii) all reasonable costs incurred by the Settlement Administrator (as defined in Section 1.40) in administering and effectuating this Settlement, which costs and expenses are necessitated by performance and implementation of this Agreement and any Court orders relating thereto; (iii) all reasonable fees charged by the Settlement Administrator; and (iv) any other costs associated with the settlement, including but not limited to any amounts charged by TIAA or Vanguard.

  • disability living allowance means a disability living allowance under section 71 of the SSCBA;

  • Compensation Limit means the compensation limit of Section 401(a)(17) of the Code, as adjusted under Section 401(a)(17)(B) of the Code for increases in the cost of living.

  • Administration Fees The sum of (i) the Servicing Fee, (ii) the Master Servicing Fee and (iii) the Credit Risk Management Fee.

  • Retirement allowance means the retirement payments to which a member is entitled.

  • Severance Costs means the costs which the employers are legally obliged to pay to or in respect of the Crew as a result of the early termination of any employment contract for service on the Vessel.

  • Class Expenses means the expenses of registering a Class in any jurisdiction or with any stock exchange, regulated market or settlement system, and all other expenses arising from such registration and such further expenses howsoever arising as may be disclosed in the Prospectus. The cost of converting currency and the costs and gains/losses of the hedging transactions are borne solely by the relevant Class.