Settlement Fees definition

Settlement Fees means the fees charged by a recognised bank for the processing and settlement of the merchant or any other funds.
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Settlement Fees means any fees, fines, penalties or sanctions paid by an Insured to a governmental authority pursuant to a Settlement Program for the actual or alleged inadvertent non-compliance by a Plan with any statute, rule or regulation. Settlement Fees does not include: (1) any costs to correct the non-compliance, or any other charges, expenses, taxes or damages; or (2) any fees, fines, penalties or sanctions relating to a Plan, which, as of the earlier of the Inception Date of this Policy stated in ITEM 2(a) of the Declarations or the inception of the first policy in an uninterrupted series of policies issued by the Underwriter of which this Coverage Section is a direct or indirect renewal or replacement, any Insured Person knew to be actually or allegedly non-compliant.
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Settlement Fees mean any fees, penalties or sanctions imposed by law under a Settlement Program that any Insured becomes legally obligated to pay as a result of a Wrongful Act. Settlement Fees shall not include any costs or expenses other than such fees, penalties or sanctions.
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Examples of Settlement Fees in a sentence

  • The Arbitrator, appointed by the Employer / Owner, shall be paid a gross Settlement Fees as agreed between the Arbitrator and the Employer subject to ceiling, if any, specified by Uttarakhand Government.

  • The third Arbitrator, who heads the Panel of Arbitrators, shall be paid gross Settlement Fees slightly higher (maximum upto 20%) than the fees of the Arbitrator appointed by the Employer / Owner, subject to ceiling, if any, specified by Uttarakhand Government.

  • The Remuneration Regulations provide for Settlement Fees which are payable for Finance cases which conclude under Family Help (Higher).

  • The gross Settlement Fees, or any part thereof, shall not be payable to such resigned / deceased / discontinued Adjudicator / Arbitrator.

  • The Arbitration shall be conducted and settled in accordance with the Indian Arbitration and Conciliation Act, 1996.The Arbitrator shall be paid a gross Settlement Fees as agreed between the Arbitrator and the parties of the Contract subject to ceiling, if any, specified by Uttarakhand Government.

  • Please note: This will mean that You may incur a Negative Balance Charge.Any Custodian Settlement Fees incurred will be charged against Your Bond Fund with effect from the Bond Fund Valuation Dates.

  • The Arbitrator shall be paid a gross Settlement Fees as agreed between the Arbitrator and the parties of the Contract subject to ceiling, if any, specified by Uttarakhand Government.

  • Transaction Settlement Fees: Payment of SAR 140.63 to the Custodian in return for the settlement of all the executed transactions on the shares of any company the Fund invested therein, either by sale or purchase at any single date.

  • Settlement Fees - Service fees shall be at the same rate as with the peso- denominated securities.

  • Settlement Fees will not include any costs or expenses other than such fees, penalties or sanctions.


More Definitions of Settlement Fees

Settlement Fees has the meaning assigned to such term in Section 8.2.
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Settlement Fees means any fees, fines, penalties or sanctions imposed by law under a Settlement Program that an Insured becomes legally obligated to pay as a result of a Wrongful Act. Settlement Fees also mean the reasonable and necessary legal fees and expenses incurred by the Insured in connection with a Settlement Program; provided that Settlement Fees do not include the wages, salaries, fees or any other compensation paid to an Insured.
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Settlement Fees means any fees, penalties or sanctions imposed by law under a "settlement program" that any "insured" becomes legally obligated to pay as a result of a "wrongful act". The "settlement fees" shall not include any costs or expenses other than such fees, penalties or sanctions.
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Settlement Fees means any:
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Settlement Fees means any fees, penalties or sanctions imposed by law under a Settlement Program that any Insureds become legally obligated to pay as a result of a Wrongful Act. SPECIMENSettlement Fees shall not include costs of corrections, other than fees or penalties.
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Related to Settlement Fees

  • 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.

  • 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.

  • Settlement Amount means, with respect to a party and any Early Termination Date, the sum of: --

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Management Fee has the meaning given in Section 4.1.

  • Gross Settlement Amount means $633,000.00 which is the total amount Defendant agrees to pay under the Settlement except as provided in Paragraph 9 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.

  • Settlement Price means the agreed upon price at which to purchase and sell a specified type and quantity of a commodity.

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.