BDO Settlement definition

BDO Settlement means the settlement agreement by and among the Receiver, OSIC, Philip Wilkinson, Pam Reed, BDO USA, LLP, BDO International Ltd. (“BDO International”), BDO Global Coordination, B.V. (“BDO Global”), and Brussels Worldwide Services BVBA (“Brussels Worldwide”) that was approved by the Court on September 23, 2015. [See Docs. 2138-1, 2247.] Receiver’s Additional Schedules of Distribution Paymentsto Be Made Pursuant to the 1st through 9th Interim Plans 3 Court for ten (10) days. This 10th Schedule shows that the Receiver intends to make payments totaling $63,045.80 to the owners of the referenced claim numbers. This 10th Schedule will be followed by others, each of which will be submitted by the Receiver on a rolling basis.IV. 8th Schedule of Payments to Be Made to Eligible Receivership Investor CD Claimants Pursuant to the 4th Interim Plan. On May 16, 2017, the Court granted the Receiver’s Motion for Approval of Fourth Interim Distribution Plan (the “4th Interim Plan”). [See Doc. 2520.] Funds distributed under the 4th Interim Plan include funds from the Kroll Settlement4, the Chadbourne Settlement5, and other Receivership assets. [See Doc. 2520 at 3, 5-6.] The Court’s Order approving the 4th Interim Plan instructed the Receiver as follows:All payments under the Fourth Interim Distribution Plan shall be made on a rolling basis. Prior to making a group of payments pursuant to the Fourth Interim Distribution Plan, the Receiver shall file a schedule of the payments to be made. Each such schedule shall be filed at least ten (10) days prior to the subject payments being made. The schedules shall include claim ID numbers and the amount of the associated payments but shall not contain information from which the individual Investor CD Claimants can be identified.[Id. at 5.] The Receiver is filing the 8th Schedule of Payments to Be Made to Eligible Receivership Investor CD Claimants Pursuant to the 4th Interim Plan (which schedule is attached hereto as Exhibit 4) in accordance with the above instructions and expects to begin the process of sending the payments listed therein once the 8th Schedule has been on file with the Court for ten (10) days. This 8th Schedule shows that the Receiver intends to make payments totaling
BDO Settlement means the settlement agreement by and among the Receiver, OSIC, Philip Wilkinson, Pam Reed, BDO USA, LLP, BDO International Ltd. (“BDO International”), BDO Global Coordination, B.V. (“BDO Global”), and Brussels Worldwide Services BVBA (“Brussels Worldwide”) that was approved by the Court on September 23, 2015. [See Docs. 2138-1, 2247.] RECEIVER’S ADDITIONAL SCHEDULES OF PAYMENTSTO BE MADE PURSUANT TO THE 1ST, 2ND, 3RD, AND 4TH INTERIM PLANS 3
BDO Settlement means the settlement agreement by and among the Receiver, OSIC, Philip Wilkinson, Pam Reed, BDO USA, LLP, BDO International Ltd. (“BDO International”), BDO Global Coordination, B.V. (“BDO Global”), and Brussels Worldwide Services BVBA (“Brussels Worldwide”) that was approved by the Court on September 23, 2015. [See Docs. 2138-1, 2247.]

Examples of BDO Settlement in a sentence

  • Proposed Settlement with BDO (the "BDO Settlement") The Plaintiffs have entered into a proposed settlement with BDO.

  • The Committee Litigation and the Investor Litigation are hereby stayed except to the extent necessary to give effect to the BDO Settlement.

  • See Paragraph 19 of the Settlement Agreement for a complete definition of Settled Claim.PLEASE TAKE FURTHER NOTICE that the BDO Settlement Amount is Forty Million US Dollars ($40,000,000.00).

  • The Receiver will disseminate notice of the BDO Settlement ( i.e. this Notice) to Interested Parties, through one or more of the following: mail, email, international delivery, CM/ECF notification, facsimile transmission, and/or publication on the Examiner (www.lpf-law.com/examiner-stanford-financial-group/) and Receiver (http://www.

  • PLEASE TAKE FURTHER NOTICE that Plaintiffs have requested that the Court approve the BDO Settlement and enter bar orders permanently enjoining Interested Parties,1 including Stanford Investors2 and Claimants,3 from pursuing Settled Claims,4 including claims you may possess, against the BDO Entities.

  • At the Ontario Approval Motion, the court will be asked to determine whether the Distribution Protocol(s) for the BDO Settlement, the Horsley Settlement, and the Independent Directors Settlement are fair and reasonable.

  • After reviewing the terms of the BDO Settlement and considering the arguments presented in the Motion, the Court preliminarily approves the BDO Settlement as adequate, fair, reasonable, and equitable.

  • Twenty-five percent of the net recovery form the BDO Settlement is$9,956,265.48.Copies of the Settlement Agreement; the Expedited Request for Entry of Scheduling Order and Motion to Approve Proposed Settlement with BDO USA, LLP, to Approve the Proposed Notice of Settlement with BDO USA, LLP, to Enter the Bar Order, to Enter the Final Judgment and Bar Order, and for Plaintiffs’ Attorneys’ Fees (the “Motion”); and other supporting papers may be obtained from the Court’s docket in the SEC Action ( ECF Nos.

  • The exact courtroom number will be available on a notice board on the 8th Floor.At the Ontario Approval Motion, the court will determine whether the BDO Settlement is fair, reasonable, and in the best interests of the class members.

  • Who is Entitled to Make a Claim in the BDO Settlement and the Directors Settlement Unlike previous settlements in the Ontario Proceeding, only claims on behalf of members in the Expanded Ontario Class will be considered for compensation in the BDO Settlement and the Directors Settlement.


More Definitions of BDO Settlement

BDO Settlement means the settlement agreement by and among the Receiver, OSIC, Philip Wilkinson, Pam Reed, BDO USA, LLP, BDO International Ltd. (“BDO International”), BDO Global Coordination, B.V. (“BDO Global”), and Brussels Worldwide Services BVBA (“Brussels Worldwide”) that was approved by the Court on September 23, 2015. [See Docs. 2138-1, 2247.] RECEIVER’S 1ST SCHEDULE OF PAYMENTSTO BE MADE PURSUANT TO THE 3RD INTERIM PLAN 1being made. The schedules shall include claim ID numbers and the amount of the associated payments but shall not contain information from which the individual Investor CD Claimants can be identified.[Id. at 5.]The Receiver is filing the 1st Schedule of Payments to be Made Pursuant to the 3rd Interim Plan (see Exhibit 1, attached hereto) in accordance with the above instructions and expects to begin the process of sending the payments listed therein once the Schedule has been on file with the Court for ten (10) days. This 1st Schedule shows that the Receiver intends to make payments totaling $37,181,940.64 to the owners of the referenced claim numbers. This Schedule will be followed by others, each of which will be submitted by the Receiver on a rolling basis. RECEIVER’S 1ST SCHEDULE OF PAYMENTSTO BE MADE PURSUANT TO THE 3RD INTERIM PLAN 2 Dated: September 16, 2016 Respectfully submitted, BAKER BOTTS L.L.P. By: /s/ Kevin M. Sadler Kevin M. SadlerTexas Bar No. 17512450 kevin.sadler@bakerbotts.com Scott D. PowersTexas Bar No. 24027746 scott.powers@bakerbotts.com David T. ArlingtonTexas Bar No. 00790238 david.arlington@bakerbotts.com 1500 San Jacinto Center98 San Jacinto Blvd. Austin, Texas 78701-4039(512) 322-2500(512) 322-2501 (Facsimile) Timothy S. DurstTexas Bar No. 00786924 tim.durst@bakerbotts.com 2001 Ross AvenueDallas, Texas 75201(214) 953-6500(214) 953-6503 (Facsimile) ATTORNEYS FOR RECEIVER RALPH S. JANVEY RECEIVER’S 1ST SCHEDULE OF PAYMENTSTO BE MADE PURSUANT TO THE 3RD INTERIM PLAN 3 CERTIFICATE OF SERVICE
BDO Settlement means the settlement agreement by and among the Receiver, OSIC, Philip Wilkinson, Pam Reed, BDO USA, LLP and other BDO entities2 that was approved by the Court on September 23, 2015. [See Docs. 2138-1, 2247.]
BDO Settlement means the settlement agreement by and among the Receiver, OSIC, Philip Wilkinson, Pam Reed, BDO USA, LLP, BDO International Ltd. (“BDO International”), BDO Global Coordination, B.V. (“BDO Global”), and Brussels Worldwide Services BVBA (“Brussels Worldwide”) that was approved by the Court on September 23, 2015. [See Docs. 2138-1, 2247.]Receiver’s 16th Schedule of Payments to Be Made Pursuant to the 1st Interim Plan; 7th Schedule of Payments to Be Made Pursuant to the 2nd Interim Plan; and 3rd Schedule of Payments to Be MadePursuant to the 3rd Interim Plan 3 Dated: April 27, 2017 Respectfully submitted, Baker Botts L.L.P. By: /s/ Kevin M. Sadler Kevin M. SadlerTexas Bar No. 17512450 kevin.sadler@bakerbotts.com Scott D. PowersTexas Bar No. 24027746 scott.powers@bakerbotts.com David T. ArlingtonTexas Bar No. 00790238 david.arlington@bakerbotts.com 1500 San Jacinto Center98 San Jacinto Blvd. Austin, Texas 78701-4039(512) 322-2500(512) 322-2501 (Facsimile) Timothy S. DurstTexas Bar No. 00786924 tim.durst@bakerbotts.com 2001 Ross AvenueDallas, Texas 75201(214) 953-6500(214) 953-6503 (Facsimile) Attorneys for Receiver Ralph S. Janvey Receiver’s 16th Schedule of Payments to Be Made Pursuant to the 1st Interim Plan; 7th Schedule of Payments to Be Made Pursuant to the 2nd Interim Plan; and 3rd Schedule of Payments to Be MadePursuant to the 3rd Interim Plan 4 CERTIFICATE OF SERVICE

Related to BDO Settlement

  • 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.

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

  • 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.

  • 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.

  • 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.

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

  • Ontario Settlement Class means the settlement class in respect of the Ontario Action as defined in Schedule A.

  • Remarketing Settlement Date means the date of the settlement of any Successful Remarketing, which will be three Business Days after such Remarketing.

  • 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.

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

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

  • 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.

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

  • 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.

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

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

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

  • 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;

  • TARGET2 Settlement Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System is open.

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

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

  • Net Settlement Fund means the Settlement Fund less: (i) any Taxes;

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

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

  • Physical Settlement Amount For any Settlement Date for which Physical Settlement is applicable, an amount in cash equal to the product of (a) the Forward Price in effect on the relevant Settlement Date multiplied by (b) the Settlement Shares for such Settlement Date.