Settlement Payment definition

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.

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Settlement Payment. ’ means a prelimi- nary settlement payment, a partial settlement payment, an interim settlement payment, a settlement payment on account, a final settle- ment payment, or any other similar payment commonly used in the securities trade; and

Settlement Payment means the payment to be made via mailed check and/or electronic payment to a Participating Settlement Class Member from the Settlement Administrator from the Settlement Fund.

Examples of Settlement Payment in a sentence

As consideration for performance of the Services, Client shall pay HaloMD an amount equal to twenty percent (20%) of the Net Settlement Payment Amount (as defined below) with respect to any Disputed Health Benefit Claim resulting from an informal settlement negotiation process between a health plan and/or a fiscal intermediary and HaloMD on behalf of Client (collectively, the “Settlement Service Fees”).
Cash Settlement Payment Date: The date one Settlement Cycle following the last day of the Buyer Settlement Valuation Period.
For purposes of this Agreement, the term “Net Settlement Payment Amount” shall mean the total amount agreed upon / settled /negotiated with respect to each Disputed Health Benefit Claim between a health plan and/or a fiscal intermediary and HaloMD on behalf of Client, minus the amount of the initial allowed amount rendered to Client by a health plan and/or a fiscal intermediary with respect to such Disputed Health Benefit Claim.
If Cash Settlement is applicable, then Buyer shall pay to Seller the absolute value of the Forward Cash Settlement Amount on the Cash Settlement Payment Date.

More Definitions of Settlement Payment

Settlement Payment or “Settlement Check” mean the payment to be made via mailed check to a Participating Settlement Class Member pursuant to Paragraph 40.

Settlement Payment means an Up-MACRO Settlement Payment or a Down-MACRO Settlement Payment, as applicable.

Settlement Payment means any payment to be made to any Class Member on Approved Claims pursuant to Section 3.2 herein.

Settlement Payment means a payment made pursuant to Section 2.1(c).

Settlement Payment means an Up Settlement Payment or a Down Settlement Payment, as applicable.

Settlement Payment means the amount to be paid to valid Claimants as detailed in Section 4.

Settlement Payment means the amount equal to the Net Settlement Fund divided by the number of Settlement Class Members.