Examples of Settlements in a sentence
Settlements reached at any step of the grievance procedure in this Article, other than 7.13, shall be applied retroactively to the date of the occurrence of the action or situation which gave rise to the grievance, but not prior to the effective date of the Agreement in effect at the time of the occurrence or the date set by a board of arbitration.
If Seller defaults and this Agreement is terminated pursuant to Article 12 (Events of Default; Remedies), Buyer may disclose the terms of this Agreement and any Transaction Confirmation to all other non-defaulting wholesale suppliers providing service to Buyer pursuant to the Maryland PSC Orders and Settlements.
As set forth in the Maryland PSC Orders and Settlements, Xxxxx is obligated to share certain information with a consultant (“PSC Consultant”) chosen and supervised by the Maryland PSC and its Staff.
This means that the Settlements net of the Fees and any applicable deductions as per the Agreement (the "Merchant Payout"), are converted in units of Electronic Money at par value and credited to Merchant’s Wallet within one (1) Business Day from receipt of the Settlement from the Card Schemes.
When the Buyer is the Non-Defaulting Party and replaces Seller’s full requirements obligation under this Agreement through mechanisms specified in the Maryland PSC Orders and Settlements, the result of that procedure will be deemed to be commercially reasonable for purposes of calculating the Settlement Amount.