Examples of Settlement Amount in a sentence
If the Claims Administrator does not receive a Claim Form from a Claimant by the deadline, then the Claimant shall not be eligible for any compensation whatsoever from the Net Settlement Amount.
The goal is to distribute the Net Settlement Amount among Authorized Claimants who submit valid and timely claims for Securities.
The Original Trustee acknowledges receipt of the Settlement Amount and agrees to hold and stand possessed of the Trust Assets in trust for the benefit of the Crown in accordance with the terms of this Indenture.
If the Escrow Account is in a positive balance (whether by reason of tax refunds, un-cashed cheques or otherwise) after one hundred and eighty (180) days from the date of distribution of the Net Settlement Amount to Claimants, the Claims Administrator shall, if feasible, allocate the remaining funds on a pro rata basis among the Claimants, and shall cause any remaining funds to be distributed cy près to the Osgoode Investor Protection Clinic.
Should the Indemnification Claim be for an actual loss of Settlement Amount payments already sustained by an Indemnitee, Respondent shall reimburse the amount of the lost funds by wire transfer in the manner provided by the Signatory Attorney General within thirty (30) days of the Signatory Attorney General’s notice to do so.