Tort Settlement Amounts definition

Tort Settlement Amounts means the aggregate amount of settlement payments made by the Debtors and/or Reorganized Debtors on account of Tort Claims pursuant to the Plan.
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Examples of Tort Settlement Amounts in a sentence

  • Upon payment of the amounts set forth in this Stipulation, the Debtors and/or Reorganized Debtors shall be authorized in their sole discretion to use the funds held in the Self-Insured Trust, which the Debtors maintain was terminated, in an amount equal to 100% of those funds exceeding the Tort Settlement Amounts and Settlement Reserves.It is accordingly ORDERED that the above-mentioned terms and conditions of the settlement are approved.

  • Upon payment of the amounts set forth in this Stipulation, the Debtors and/or Reorganized Debtors shall be authorized in their sole discretion to use the funds held in the Self-Insured Trust, which the Debtors maintain was terminated, in an amount equal to 100% of those funds exceeding the Tort Settlement Amounts and Settlement Reserves.

  • Upon payment of the amounts set forth in this Stipulation, the Debtors and/or Reorganized Debtors shall be authorized in their sole discretion to use the funds held in the Self- Insured Trust, which the Debtors maintain was terminated, in an amount equal to 100% of those funds exceeding the Tort Settlement Amounts and Settlement Reserves.Dated: August, 2020 SEEN AND AGREED:Michael L.

  • Upon payment of the amounts set forth in this Stipulation, the Debtors and/or Reorganized Debtors shall be authorized in their sole discretion to use the funds held in the Self- Insured Trust, which the Debtors maintain was terminated, in an amount equal to 100% of those funds exceeding the Tort Settlement Amounts and Settlement Reserves.SEEN AND AGREED: /s/ Brandy M.

Related to Tort Settlement Amounts

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • 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.

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist of:

  • Purchase Contract Settlement Date means ________________________, ____.]

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

  • Net Settlement Fund means the Settlement Fund less: (i) Court-awarded attorneys’ fees and expenses; (ii) Notice and Administration Expenses; (iii) Taxes; and (iv) any other fees or expenses approved by the Court.

  • First Settlement Date means the date set forth in footnote 3 under "Summary of Essential Financial Information" in the Prospectus Part I for a Trust.

  • Cash Settlement Date means, for each Financially Settled Futures Transaction, the Business Day determined by Exchange from time to time in accordance with industry practice for such Transaction, as posted on Exchange’s Website not less than one month prior to the occurrence of such date, other than Invoices issued as a result of a Contracting Party’s Default or under the Close- out Procedure which amounts require payment immediately;

  • Maximum Settlement Amount means $500,000,000 as amended or modified in accordance with Appendix E.

  • TARGET Settlement Day means any day on which TARGET2 is open for the settlement of payments in euro;

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • Scheduled Settlement Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • Purchase Contract Settlement Fund has the meaning specified in Section 5.5.

  • Cash Settlement Averaging Period means, with respect to a Security that is tendered for conversion in accordance with this Article X, the twenty (20) consecutive Trading-Day period that begins on, and includes, the third (3rd) Trading Day after the Conversion Date for such Security; provided, however, that if such Conversion Date is on or after the twenty third (23rd) scheduled Trading Day prior to the Maturity Date, then the Cash Settlement Averaging Period with respect to such conversion shall be the twenty (20) consecutive Trading-Day period that begins on and includes the twentieth (20th) scheduled Trading Day prior to the Maturity Date.

  • Early Settlement Amount has the meaning specified in Section 5.9(a).

  • CCASS Settlement Day means the term “Settlement Day” as defined in the General Rules of CCASS.

  • Default Settlement Method means Combination Settlement with a Specified Dollar Amount of $1,000 per $1,000 principal amount of Notes; provided, however, that the Company may, from time to time, change the Default Settlement Method by sending notice of the new Default Settlement Method to the Holders, the Trustee and the Conversion Agent.

  • Call Settlement Date means the fifth Business Day following the last Index Business Day in the Call Measurement Period.

  • Mandatory Settlement Date means the earliest of:

  • Net Share Settlement Amount For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Gross Settlement Fund means the Settlement Amount plus all interest earned thereon.

  • Day-ahead Settlement Interval means the interval used by settlements, which shall be every one clock hour. Day-ahead System Energy Price:

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Operating Agreement, section 3.3. PJM Tariff, Xxxxxx, O.A.T.T., OATT or PJM Open Access Transmission Tariff: “PJM Tariff,” “Tariff,” “O.A.T.T.,” “OATT,” or “PJM Open Access Transmission Tariff” shall mean that certain PJM Open Access Transmission Tariff, including any schedules, appendices or exhibits attached thereto, on file with FERC and as amended from time to time thereafter. Plan:

  • Monthly Settlement Date means the 25th day of each calendar month (or if such day is not a Business Day, the next occurring Business Day).

  • Disruption Cash Settlement Price means in respect of each Security, an amount in the Settlement Currency equal to the fair market value of the Share Amount (taking into account, where the Settlement Disruption Event affected some but not all of the Shares comprising the Share Amount and such non-affected Shares have been duly delivered as provided above, the value of such Shares), less the cost to the Issuer of unwinding any underlying related hedging arrangements, all as determined by the Issuer.