Settlement Charge definition

Settlement Charge means a charge of 1 c/kWh to be implemented by PREPA and included in its customer bills by July 1, 2019. (ci) “Settlement Motion” has the meaning given to such term in Section2(a). (cii) “Settlement Payments” means commencing August 30, 2019 andcontinuing through the earliest of (A) a Stipulated Treatment Termination, (B) a termination pursuant to Section 9(d)(vi) as to PREPA or AAFAF, (C) the Effective Date, or (D) dismissal of PREPA’s Title III Case, monthly settlement payments to be made by PREPA equal to (i) the number of kilowatt hours PREPA billed during the previous month, multiplied by (ii) 92% (representing the projected collection percentage and certain statutory exceptions), multiplied by (iii) the Settlement Charge. (ciii) “Solicitation” means the solicitation of votes for the Plan pursuant to, and in compliance with, PROMESA or any applicable nonbankruptcy law, rule, or regulation governing the adequacy of disclosure in connection with such solicitation. (civ) “SPV” or “Issuer” means a bankruptcy remote special purpose vehicle (which may be the Puerto Rico Electric Power Authority Revitalization Corporation, or another entity as agreed by the Required Parties, established by the Government of Puerto Rico, and used for the Restructuring).(cv) “Stay Motion” has the meaning given such term in Section 3(b). (cvi) “Stipulated Treatment” has the meaning given such term in
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Settlement Charge means the amount charged to Merchant for receiving settlement from RMS in relation to the use of the Payment Channels by the Merchant as indicated in the Appendices;
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Settlement Charge means, where included in the Order:
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Examples of Settlement Charge in a sentence

  • Descriptions and definitions for the billing determinants can be found on the ERCOT website in the Settlement Charge Matrix and in the relevant Protocol sections.

  • The supporting financial documents include an updated Settlement Charge Workbook.

  • The comparison period is CY 2021 since this is the common period for both Settlement Charge Workbooks.

  • Metis will recognize the non-refundable upfront Trust Settlement Charge after verifying the Contribution received.

  • The Trust Settlement Charge is for our obligations throughout ICP once the Trust Plan is in force and the respective Contribution within ICP is verified by Metis.

  • For Regular Contribution and Additional Regular Contribution only) The current Trust Settlement Charge is charged on the Regular Contribution and any Additional Regular Contribution in the Initial Account for the entire duration of the CPT.

  • The monthly Trust Settlement Charge is 0.5% of the Initial Account value at month end and is payable as at the first calendar date of the following month.

  • The revised supporting financial documents include an updated Settlement Charge Workbook, which was included in the Response of the United States Postal Service to Chairman’s Information Request No. 1, Docket No. CP2020-198, December 23, 2020.Respectfully submitted,UNITED STATES POSTAL SERVICEBy its attorneys:Anthony F.

  • Charge Code Matrix Reference listing of all Settlement Charge Codes that provides a brief description of the key billable quantity as well as the types of Business Associate or RC Customer categories to which each Charge Code would apply.

  • If a Participant submits a Voluntary Retirement Notice and subsequently receives a Settlement Charge Notice or the first Loss Allocation Notice in a round on or prior to the Voluntary Retirement Date, such Participant must timely submit a Termination Notice in order to benefit from its Settlement Charge Cap or Loss Allocation Cap, respectively.


More Definitions of Settlement Charge

Settlement Charge means the charges incurred by the Borrower in accordance with the Settlement of Shareholder Actions; provided, however, that those charges are in accordance with GAAP and that the aggregate amount of all of those charges shall not exceed Three Million Thirty-Seven Thousand Five Hundred Dollars ($3,037,500)."
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Settlement Charge means a charge of 1 c/kWh to be implemented by PREPA and included in its customer bills by July 1, 2019.
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Related to Settlement Charge

  • Management Charge means the sum paid by the Supplier to the Authority being an amount of half (0.5) percent of all Charges for the Services invoiced to the Contracting Bodies (net of VAT) in each Month throughout the Term and thereafter until the expiry or earlier termination of any Call-Off Contract;

  • Account Charge means, in relation to each of the Charged Accounts, the first priority fixed charge or pledge over all such accounts given or to be given by the relevant account holder thereof in favor of and in form and substance satisfactory to the Security Trustee.

  • Prepayment Charge With respect to any Mortgage Loan, the charges or premiums, if any, due in connection with a full or partial prepayment of such Mortgage Loan during a Prepayment Period in accordance with the terms thereof (other than any Servicer Prepayment Charge Payment Amount).

  • Late Payment Charge means the charge that is applied when either Party fails to remit payment for any charges by the Bill Due Date, or if payment for any portion of the charges is received after the Bill Due Date, or if payment for any portion of the charges is received in funds which are not immediately available or received by either Party as of the Bill Due Date, or if either Party does not submit the Remittance Information.

  • Prepayment Charge Schedule As of any date, the list of Prepayment Charges included in the Trust Fund on such date, attached hereto as Schedule 2 (including the prepayment charge summary attached thereto). The Prepayment Charge Schedule shall set forth the following information with respect to each Prepayment Charge:

  • Contract Charges means charges that accrue during a given month as defined in Article III. “Contract Term” is defined in Article IV.

  • development charge means a charge imposed pursuant to this By-law;

  • Prepayment Charges Any prepayment premium or charge payable by a Mortgagor in connection with any Principal Prepayment on a Mortgage Loan pursuant to the terms of the related Mortgage Note or Mortgage, as applicable.

  • Settlement Cycle means the period of Clearance System Business Days following a transaction on the Relevant Exchange in the Underlying, during which period settlement will customarily take place according to the rules of such Relevant Exchange.

  • Settlement Costs means all costs incurred by Plaintiff, the Settlement Class Members, and their attorneys, including but not limited to Plaintiff’s attorneys’ fees, costs of suit, Plaintiff’s expert or consultant fees, any incentive payments paid to the Class Representative, notice costs, costs of claims administration, and all other costs of administering the Settlement Agreement.

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located;

  • Development Charges or “DC” shall mean the amount charged by the Company from the Applicant(s) towards carrying out the developmental works inside or around the Project, including but not limited to the payment of the following:

  • Adviser Charge : means the fee agreed with your financial adviser in remuneration for the personal recommendation received prior to submission of an Application Form.

  • Monthly Charge shall have the meaning set forth in Article 5.

  • Penalty Charge means a penalty charge which is payable by virtue of paragraph 3(1) and (2) of Schedule 3 to this Act;

  • transaction charge means any amount charged to a client by a registered firm in respect of a purchase or sale of a security and includes any federal, provincial or territorial sales taxes paid on that amount;

  • Debt charges means the principal, including any mandatory sinking fund deposits and mandatory redemption payments, interest, and any redemption premium, payable on securities as those payments come due and are payable. The use of "debt charges" for this purpose does not imply that any particular securities constitute debt within the meaning of the Ohio Constitution or other laws.

  • Room charge means the charge imposed for the use or occupancy of a room, excluding charges for food, beverages, state use tax, telephone service, or like services paid in connection with the charge, and excluding reimbursement of the assessment imposed by this act.

  • Track Charges means the charges payable by or on behalf of the Train Operator to Network Rail, as set out in paragraph 1 of Part 2 of Schedule 7 or under the Traction Electricity Rules;

  • State premium tax liability means any liability

  • Prepayment Charge Period As to any Mortgage Loan, the period of time during which a Prepayment Charge may be imposed.

  • 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.

  • Adjustment Escrow Account has the meaning set forth in Section 2.4(a)(i).

  • Premium tax means a tax paid by insurance companies to provincial and territorial governments calculated as a percentage of gross premiums written.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.