Settlement Sum means: (a) if the Claim relates to any period of time during which the Vehicle is not available for use during the Term in circumstances where we are liable for such unavailability: an amount equal to the Daily Hire Charge multiplied by the number of full days during the relevant period;
Settlement Sum means Thirty-Eight Million Two Hundred Twenty-Five Thousand Dollars ($38,225,000) as described in Section XI.A. of this Settlement Agreement.
Settlement Sum means the sum of: (1) the amount of a proposed compromise or settlement of an Indemnifiable Claim agreed to by all parties to such Indemnifiable Claim (other than the Indemnified Party); and (2) the amount of all other Indemnified Losses to which the Indemnified Party is entitled with respect to such Indemnifiable Claims outstanding at the expiration of the thirty day calendar period beginning on the date on which the last Compromise Notice relating to such indemnified claim has been received by the Indemnified Party;
Examples of Settlement Sum in a sentence
In light of the situation, the Company has agreed to pay Xx. Xxx the Xx. Xxx’x Settlement Sum, being an amount equivalent to the Assigned Debt multiplied by the rate of recovery to the Creditors, on a date within a reasonable period after the administrator of the Creditors’ Scheme completing the distribution of the assets of the Creditors’ Scheme after it taking effect.
More Definitions of Settlement Sum
Settlement Sum means three million five hundred thousand dollars ($3,500,000.00).
Settlement Sum means $7,200,000. The Settlement Sum represents the maximum possible payment by Defendant under this Agreement from which payments for all (a) Approved Claims to Class Members, (b) Settlement Administration Expenses, (c) CAFA Notice, and (d) any Fee Award, will be made.
Settlement Sum means the aggregate of: the Termination Sum; and the Total Loss Value of the Vehicle, less any monies actually received and retained by the Supplier as payment from the Customer's insurers for the Total Loss;
Settlement Sum means three hundred forty-four thousand six hundred dollars and zero cents ($344,600.00).
Settlement Sum means Seventy-Five Thousand and no/100ths Dollars ($75,000.00).
Settlement Sum means an amount equal to the accrued interest recorded in each Client’s Accrued Interest Capital and Income Ledger and Accrued Interest Income Ledger (if any) when business opens on each Settlement Date, less JTC’s fees and charges deducted in accordance with the Cash Management Service Parameters, Fees and Charges Schedule, and less any taxes, bank charges or other sums which JTC is obliged to deduct under applicable law or practice in accordance with Clause 18.28;
Settlement Sum means and refer to the "Settlement Sum" as defined in the Letter Agreement.