APOL Settlement Agreement definition

APOL Settlement Agreement means that certain Settlement Agreement dated as of July 13, 2012, and entered into by and among the Debtor, the Equity Committee, APOL, Nicola Chu Ming Nga, and Anthony Ip.
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Examples of APOL Settlement Agreement in a sentence

  • Distributions to which APOL would otherwise be entitled on account of its Allowed Equity Interests in accordance with Section 5.3(b) of the Plan shall be withheld pursuant to the APOL Settlement Agreement up to $9,000,000.00, and such distributions shall be distributed to other holders of Allowed Equity Interests in Class 3A.

  • Confirmation of the Plan shall not affect the APOL Settlement Agreement, which to the extent approved by Final Order will be enforceable pursuant to its terms after confirmation of the Plan.

  • The Liquidation Trustee intends to withhold from the next distribution attributable to APOL’s Beneficial Interests the balance of $1,349,427.72 owing under the APOL Settlement Agreement as proposed in the Second Distribution Motion.claim filed by Rajan Vaz, Claim No. 27 (the “ Vaz Claim”); and a reserve in the amount of $5,576.00 for the claim filed by AON Consulting, Claim No. 7 (the “AON Consulting Claim”).

  • The Liquidation Trustee intends to withhold from the next distribution attributable to APOL’s Beneficial Interests the balance of $1,349,427.72 owing under the APOL Settlement Agreement.

  • Under the Initial Distribution Order, a Disputed Claims Reserve in the amount of$10,005,576.00 was established as follows: a reserve in the amount of $10,000,000.00 for the3In connection with the first distribution from the CDC Liquidation Trust, $7,650,572.28 of the $9,000,000.00 owed under the APOL Settlement Agreement was withheld by the Liquidation Trustee from the distribution attributable to APOL’s Beneficial Interests.

  • As indicated above, pursuant to the Reserve Order, no distribution can be made from the CDC Liquidation Trust to Beneficiaries without prior approval of the Bankruptcy 2In connection with the first distribution from the CDC Liquidation Trust, $7,650,572.28 of the $9,000,000.00 owed under the APOL Settlement Agreement was withheld by the Liquidation Trustee from the distribution attributable to APOL’s Beneficial Interests.

Related to APOL Settlement Agreement

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.

  • Structured settlement agreement means the agreement, judgment, stipulation, or release embodying the terms of a structured settlement.

  • Settlement Agreements means any settlement reached in the U.S. Litigation with any of the Settling Defendants.

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

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Section 3.3 of the Operating Agreement.

  • Viatical settlement contract or “contract” means a written agreement entered into between a provider and a viator in which the provider will pay consideration that is less than the expected death benefit of the viator's policy in return for the viator's assignment, transfer, sale, devise, or bequest of the death benefit or ownership of the policy to the provider.

  • Final Settlement means permanent settlement of the Contractor’s actual allowable costs or expenditures as determined at the time of audit, which shall be completed within three years of the date the year-end cost settlement report was accepted for interim settlement by the State. If the audit is not completed within three years, the interim settlement shall be considered as the final settlement.

  • Put Agreement means an agreement dated as of August 13, 2008, as amended, among the Company, OT LLC and Rio Tinto Alcan.

  • Structured settlement payment rights means rights to receive periodic payments under a structured settlement, whether from the structured settlement obligor or the annuity issuer, where:

  • Viatical settlement broker means a person, including a life insurance producer as provided for in section 508E.3, who, working exclusively on behalf of a viator and for a fee, commission, or other valuable consideration, offers or attempts to negotiate viatical settlement contracts between a viator and one or more viatical settlement providers or one or more viatical settlement brokers. Notwithstanding the manner in which the viatical settlement broker is compensated, a viatical settlement broker is deemed to represent only the viator, and not the insurer or the viatical settlement provider, and owes a fiduciary duty to the viator to act according to the viator’s instructions and in the best interest of the viator. “Viatical settlement broker” does not include an attorney, certified public accountant, or a financial planner accredited by a nationally recognized accreditation agency who is retained to represent the viator and whose compensation is not paid directly or indirectly by the viatical settlement provider or purchaser.

  • Viatical settlement provider means a person, other than a viator, who enters into or effectuates a viatical settlement contract. Viatical settlement provider does not include:

  • Payment Agreement means a written agreement which provides

  • Final Settlement Date has the meaning set forth in Section 2.4(c).

  • Put Option Agreement has the meaning set forth in the recitals.

  • Gross Settlement Amount means Two Hundred Forty Thousand Dollars and Zero Cents ($240,000.00) which is the total amount Defendant agrees to pay under the Settlement. The Gross Settlement Amount will be used to pay Individual Settlement Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, Class Representative Service Payment, and the Administration Expenses.

  • Energy Settlement Area means the bus or distribution of busses that represents the physical location of Network Load and by which the obligations of the Network Customer to PJM are settled. Energy Storage Resource:

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

  • Share Settlement means a number of shares of Class A Common Stock (together with any Corresponding Rights) equal to the number of Redeemed Units.

  • 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.

  • Individual Settlement Payment means the amount payable from the Net

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

  • Post-Closing Agreement shall have the meaning set forth in Section 8.9.

  • Redemption Agreement has the meaning set forth in the Recitals.

  • 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.

  • Final Settlement Statement has the meaning set forth in Section 2.6(b).

  • 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.