Settlement Proceeds definition

Settlement Proceeds means the consideration being provided by the Prepetition Secured Lender in full and complete satisfaction of the Settled Causes of Action.

Settlement Proceeds shall have the meaning set forth in Section 3.1.

Settlement Proceeds means Cash in the amount of $15 million cash consideration payable on the Plan Effective Date, as set forth in the Investigation Settlement Term Sheet.

Examples of Settlement Proceeds in a sentence

• Such Services include, but are not limited to, the following: - Establishing Shareholder and Intermediary Accounts - Processing Purchase, Redemption and Exchange Orders - Receiving and Disbursing Settlement Proceeds - Processing Checkwriting Redemptions - Processing Fund Mergers and Reorganizations - Processing Transfer of Ownership Orders - Processing Maintenance Requests on Shareholder Accounts - Processing transactions unique to retail retirement accounts (RMDs, loan payments, etc).

• Such Services include, but are not limited to, the following: - Establishing Shareholder and Intermediary Accounts - Processing Purchase, Redemption and Exchange Orders - Receiving and Disbursing Settlement Proceeds - Processing Checkwriting Redemptions - Processing Fund Mergers and Reorganizations - Processing Transfer of Ownership Orders - Processing Maintenance Requests on Shareholder Accounts - Processing transactions unique to retail and small business retirement accounts (e.g., RMDs, etc).

• In valuing Cash Settlement Proceeds and Non-Cash Settlement Proceeds under Clauses (ii) and (iv) above, no value shall be assigned to any amount that is or may be payable by an insurance company whose rating at time of valuation by Best's Insurance Reports is lower than "A" for any reason, unless such payment is secured by an irrevocable letter of credit or comparable security arrangement acceptable to the Trust.

• The Trustee and any professional employed by the Trustee shall be paid from the Settlement Proceeds and any recovery from the Avoidance Actions.

• The Maximum Merger Consideration shall be reduced by the sum of any Pre-Closing Settlement Proceeds in calculating the Effective Time Merger Consideration under Section 2.1(b).

More Definitions of Settlement Proceeds

Settlement Proceeds means the amounts of Settlement Payments allocated ordistributed to the State or to a Subdivision under this Agreement.

Settlement Proceeds means the balance of the Settlement Fund after satisfaction of attorneys’ fees, costs, and expenses pursuant to Section 10.1 hereof, Case Contribution Award pursuant to Section 10.2 hereof, and any other Settlement Expenses pursuant to Section 8.1 hereof.

Settlement Proceeds means $5,094,000.00, of which $94,000.00 is to pay Administration Expenses. The Settlement Proceeds may be adjusted under the conditions and qualifications set forth in this Agreement, including reduction for the return to Defendants of any Monies Payable to Opt-Outs. It is expressly agreed that Defendants are agreeing to pay the Settlement Proceeds, as adjusted, but Defendants shall not pay any other monetary sums or consideration of any kind under the terms of this Agreement.

Settlement Proceeds means Cash in the amount of $15 million cash consideration payable

Settlement Proceeds means Cash in the amount of $15 million to be paid on the Plan Effective

Settlement Proceeds means the total cash sum of $420,000 to be paid by Navigators pursuant to Section IV of this Settlement Agreement. The Settlement Proceeds will be maintained in an escrow account managed by the Claims Administrator. The Claims Administrator will act in accordance with the terms of this Settlement Agreement and the orders of the Court.

Settlement Proceeds means $750,000 to be paid by the Redskins to 8 the University under the settlement agreement.