Individual Payment definition

Individual Payment means the amount payable or discount to be made available to a particular Class Member determined using the methodology set forth in Paragraph 39 of this Agreement.
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Individual Payment means the monetary payment made to an eligible Class Member in accordance with the provisions of this Settlement Agreement;
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Individual Payment means the payment assessed as owing to an Eligible Class Member in accordance with the provisions of this Settlement Agreement;
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Examples of Individual Payment in a sentence

  • The term “Claim Form” means the document, which will be appended to the Settlement Notice, that Class Members must complete, sign, and timely submit pursuant to Paragraph 38.g of this Agreement in order to receive an Individual Payment.

  • If the Effective Date has not occurred at the time of the determination of all Individual Payment Amounts pursuant to Paragraph 39 of this Agreement, the Settlement Administrator shall pay the Individual Payments to all Settlement Class Members within 14 days after the Effective Date occurs.

  • The Claimant shall receive the Individual Payment to which he or she is entitled pursuant to Paragraph 39 of this Agreement.

  • A Form 1099 for the payment of any Incentive Award and Individual Payment will be filed.

  • Individual Payment terms can be set up e.g. where funding is limited or restricted to a period of time, please contact us with any specific requirements or requests.

  • Within 60 days after the deadline for the submission of Claim Forms, GE shall, applying the requirements set forth in Paragraph 39 of this Agreement, make an initial determination regarding the validity of each claim and the amount of the Individual Payment to which each person making a Valid Claim is entitled.

  • Subject to the provisions hereof, and in full, complete and final settlement of all Released Claims as provided herein, within 30 days following the determination of all Individual Payment Amounts pursuant to Paragraph 39 of this Agreement, GE shall provide funds to the Settlement Administrator sufficient to pay the Individual Payments, which funds shall be held by the Settlement Administrator in a Qualified Settlement Fund.

  • In the event that the amount of an Individual Payment changes as a result of resolution of a dispute under Paragraphs 40.d and 40.e of this Agreement, within 30 days of the final resolution of that dispute, GE shall pay, directly to the Settlement Class Member, any additional amount determined to be owed.

  • Class Members who are customers of Defendant at the time of the distribution of the Net Settlement Fund, their linked checking accounts shall be credited by Defendant in the amount of the Individual Payment they are entitled to receive.

  • The Settlement Class Representatives may submit a Claim Form and receive an Individual Payment in accordance with Paragraph 39 of this Agreement.


More Definitions of Individual Payment

Individual Payment means the payment of a Class Member’s pro rata share(s) of the Net Settlement Fund as calculated in paragraphs 27-28 of this Settlement Agreement;
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Related to Individual Payment

  • Individual PAGA Payment means the Aggrieved Employee’s pro rata share of 25% of the PAGA Penalties calculated according to the number of Workweeks worked during the PAGA Period.

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.

  • Individual plan or "individual service plan" means the written description of services, supports, and activities to be provided to an individual.

  • Final Payment is a payment (in addition to and not a substitution for the regular monthly payments of principal plus accrued interest) due on the earliest to occur of (a) the Maturity Date, or (b) the acceleration of any Term Loan, or (c) the prepayment of a Term Loan pursuant to Section 2.2(c) or (d), equal to the original principal amount of such Term Loan multiplied by the Final Payment Percentage, payable to Lenders in accordance with their respective Pro Rata Shares.

  • Release Amount means, for a Property, the following applicable amount together with any other amounts specified in Section 2.4.4: