Common Experience Payment definition

Common Experience Payment means a lump sum payment made to an Eligible CEP Recipient in the manner set out in Article Five (5) of the Agreement;
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Common Experience Payment and/or “CEP” means a lump sum payment made to an Eligible Recipient in the manner set out in Article Five (5) of the Indian Residential Schools Settlement Agreement.
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Examples of Common Experience Payment in a sentence

  • In the event that a review under Section 5.05(1) determines that the Designated Amount Fund is insufficient to pay all Eligible CEP Recipients who have applied, as of the date of the review, to receive the Common Experience Payment to which they are entitled, Canada will add an amount sufficient to remedy any deficiency in this respect within 90 days of being notified of the deficiency by the Trustee.

  • No lawyer or law firm that has signed this Settlement Agreement or who accepts a payment for legal fees from Canada, pursuant to Sections 13.06 or 13.08, will charge an Eligible CEP Recipient any fees or disbursements in respect of the Common Experience Payment.

  • Canada agrees that it will also make those services available to Common Experience Payment recipients and those participating in truth and reconciliation or commemorative initiatives.

  • The Indian Residential Schools Settlement Agreement came into effect on September 19, 2007 and pursuant to its provisions, Canada placed $1.9 billion into a trust fund referred to as the Designated Amount Fund intended to be allocated among eligible claimants for the Common Experience Payment or CEP.

  • You can apply for a Common Experience Payment and receive payment by attesting that you experienced Racial Discrimination and/or Racial Harassment and describe your racial identity, without having to share your experiences.

  • Canada will make a Common Experience Payment to every Eligible CEP Recipient who was alive on May 30, 2005.

  • The Company shall indemnify and hold harmless the Purchasers, their employees, officers, directors, agents, and partners, and their respective Affiliates, from and against all Losses and expenses suffered in respect of any such claimed or existing fees, as such fees and expenses are incurred.

  • The Trustee shall pay to each Beneficiary from the capital of the Trust Fund an amount, representing his or her Common Experience Payment, calculated in accordance with Section 5.02 of the Settlement Agreement.

  • The Assembly of First Nations (AFN) pressed for a deadline extension in response to the serious administrative concerns expressed by Common Experience Payment (CEP) recipients and family members.

  • The IRSSA, which came into effect in September 2007, has five main components: the Common Experience Payment, Independent Assessment Process, the Truth and Reconciliation Commission, Commemoration, and Health and Healing Services.