Plan Settlement Consideration definition

Plan Settlement Consideration means the following consideration: (a) $1,400,000 in Cash, (b) seventy-five percent (75%) interest in any portion of the Wink Sale Reserve Fund that is eventually released, (c) the Retained Causes of Action, and (d) any Distributions otherwise entitled to be paid to Class 1 after the Maximum Class 1 Distribution Threshold has been attained.

Examples of Plan Settlement Consideration in a sentence

  • As soon as practicable following the Effective Date, the Plan Settlement Fund shall be established by the Plan Administrator to hold the Plan Settlement Consideration less any amount necessary for the Plan Administrator Operating Reserve (the “Plan Settlement Fund”) which account shall be subject to the terms of the Plan and thisAgreement.

  • If the test reveals the presence of 8 I I 0.005 microcurie or more of removable contamination, the source shall be I | | removed from service and decontaminated, repaired, or disposed of in | | , accordance with Commission regulations.

Related to Plan Settlement Consideration

  • Individual Settlement Payment means the amount payable from the Net

  • 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:

  • 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.

  • 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.

  • Share Settlement means a number of shares of Class A Common Stock equal to the number of Redeemed Units.

  • Gross Settlement Fund means the Settlement Amount plus all interest earned thereon.

  • Contract Consideration has the meaning set forth in the definition of “Excess Cash Flow.”

  • Transaction Consideration has the meaning set forth in Section 11.7 hereof.

  • Net Share Settlement means the settlement method pursuant to which an exercising Warrantholder shall be entitled to receive from the Company, for each Warrant exercised, a number of shares of Common Stock equal to the Net Share Amount without any payment therefor.

  • Earn-Out Consideration has the meaning set forth in Section 2.08(a)(i).

  • Earnout Consideration has the meaning specified in Section 2.05(a).

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

  • Cash Merger Consideration has the meaning set forth in Section 2.9(a).

  • 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.

  • Closing Consideration shall have the meaning set forth in Section 2.1(b).

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

  • 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.

  • 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.

  • Option Consideration has the meaning set forth in Section 3.3(a).

  • 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.

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

  • Cash Payment has the meaning set forth in Section 2.02(a).

  • Net Consideration means “net consideration” as defined in Regulation Section 1.848-2(f));

  • Purchase Consideration means the aggregate net cash proceeds received by the Company or Specialty Foods Corporation ("SFC") (after deducting all fees and expenses incurred by the Company, SFC and/or their respective affiliates in connection with the Sale). By way of example, if the Purchase Consideration equaled $100,000,000, your Sale Bonus would be $100,000.00. The Sale Bonus shall be paid to you within three (3) months of the completion of the Sale.

  • Settlement Amount has the meaning specified in Section 14.02(a)(iv).

  • Settlement Funds means moneys allocated to this state from the environmental mitigation trust specified in par. (d) and received by the state from the trustee.