Monetary Terms. All references to "Dollars" or "$" shall mean U.S. Dollars unless otherwise specified.
Monetary Terms. 1. The Foundation Parties, collectively, agree to pay the amount of $7,200,000 (seven million, two hundred thousand dollars) (the “settlement funds”) subject to the payment schedule and qualifying reductions set forth in this agreement. Payment of the settlement funds will be made payable to the Attorney General’s Office, and it may be done so via check, ACH, or other accepted electronic payment. The Attorney General will retain $400,000 (four hundred thousand dollars) from the first payment made by Foundation Parties for reimbursement of investigation costs. (Govt. Code, §§ 12586.2, 12598.) The Attorney General will forward all remaining settlement payments to the California Community Foundation. The California Community Foundation will set up a fund for the benefit of the people of Lithuania with the following two distinct purposes: (1) for the education of disadvantaged Lithuanian orphans and children in the Vilnius region; and (2) for the charitable purposes of Zelva village, for example the establishment of a trade school, teacher training or seminary, financial assistance for needy students with above average grades, and senior citizens. All Notices and evidence of payments of the settlement shall be forwarded to the Attorney General to the attention of Deputy Attorney General Xxxxxx X. Xxxxxxxxxx by both email and U.S. mail, at 000 X. Xxxxxx Xxxxxx, Xxx Xxxxxxx, XX 00000, (000) 000-0000; email@example.com. The payments of the settlement funds will be made as follows: Payment #1: The amount of $1.3 million shall be payable within 90 days from the date this settlement agreement is signed by all parties. Remaining Payments: The remaining $5.9 million is due as follows:
Monetary Terms. The Settling Defendants shall deliver a check via Fed Ex delivery to 0000 Xxxxxxxxx Xxxxx Xxxx, Xxxx Xxx, XX 00000, made payable to the Attorney-Client Trust Account of Brancart & Brancart in the amount of $ 262,500.00 no later than April 1, 2022, or within 7 days of receiving Plaintiffs’ signatures on this Agreement via email, whichever is later. This amount is inclusive of, and intended to satisfy, all of Plaintiffs’ claims for damages, attorneys’ fees, and costs relating to this Action and/or investigation predating the Action. Plaintiffs will provide W-9 forms and any other required tax documentation to Defendants’ counsel and confirm receipt of the check when delivered. Within 7 days of receipt of the monetary amount set forth herein, Plaintiffs shall file a request for dismissal of all claims against the Settling Defendants, with prejudice, subject to the terms and conditions set forth in the consent decree and final order entered by the District Court. Plaintiffs’ claims against Defendant Xxxxx New shall also remain pending until and unless the Court enters a dismissal against her.
Monetary Terms. The City agrees to pay a total amount of $49,500.00, in full and final settlement, which includes $9,500 for any and all claims for damages to be paid to Petitioner, Xxxxxx Xxxxxx, and $40,000 for any and all attorneys’ fees and costs to be paid to Petitioner’s counsel, Legal Aid Foundation of Los Angeles (“Settlement Sum”). Within 30 days of receipt of the following: (a) an executed copy of this Agreement, and (b) a completed IRS W-9 form from both Petitioner and the Legal Aid Foundation of Los Angeles, the City will obtain any required approvals as set forth in paragraph 7 and pay the Settlement Sum. The City will pay the Settlement Sum in the form of two checks made payable to Xxxxxx Xxxxxx and the Legal Aid Foundation of Los Angeles, for their respective distributions, and will mail the checks to the Legal Aid Foundation of Los Angeles, 0000 X. 0xx Xx., Xxx Xxxxxxx, XX 00000. The Settlement Sum checks may also be made available for pick-up at the Office of the City Attorney, 000 X. Xxxx Xx., Xx. 000, Xxx Xxxxxxx, XX 00000, on request of Legal Aid Foundation of Los Angeles.