Minimum Settlement Amount definition

Minimum Settlement Amount is defined in Paragraph 24.5.
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Minimum Settlement Amount means eleven million one hundred thirty seven thousand five hundred Canadian dollars ($11,137,500).
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Minimum Settlement Amount means the minimum total payment of ten million dollars ($10,000,000.00) that Xxxxxxxx-Xxxxx agrees to pay to satisfy valid Claims and Litigation Costs and Expenses. The Minimum Settlement Amount includes four million dollars ($4,000,000.00) in credit that is attributable to the amount of claims Xxxxxxxx-Xxxxx previously paid through activated refund cards issued through the Recall and Refund Program. Thus, this Parties agree that the “Minimum Settlement Amount” of ten million dollars ($10,000,000.00) is comprised of: (1) the four million dollar ($4,000,000.00) credit, and (2) an additional six million dollars ($6,000,000.00) to be paid toward the satisfaction of the Minimum Settlement Amount. If the Amount Payable for Approved Claims exceeds the Minimum Settlement Amount, Xxxxxxxx- Xxxxx will pay any additional Approved Claims in an amount not to exceed the Maximum Settlement Amount, consistent with Paragraphs 2.17 and 6.4.
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Examples of Minimum Settlement Amount in a sentence

  • If the Gross Settlement Amount is less than the Minimum Settlement Amount, then the Administrator will pay the difference between the two amounts to Legal Services of New Jersey and Legal Aid of North Carolina, the charitable organizations agreed to by the Parties, subject to Court approval.

  • In the event that the Settlement amount does not reach the Minimum Settlement Amount as set out in the MAF, DIMOCO is entitled to delay the Settlement to the Merchant until such Minimum Settlement Amount is reached.

  • Der „Abrechnungsbetrag“ entspricht, vorbehaltlich der Zahlung des Minimum- Abrechnungsbetrags, dem Differenzbetrag, um den der Abrechnungskurs des Basiswerts den Basispreis überschreitet, kaufmännisch auf zwei Dezimalstellen gerundet.The “Settlement Amount” equals, subject to the payment of the Minimum Settlement Amount, the difference amount by which the Settlement Price of the Underlying exceeds the Strike, commercially rounded to two decimal places.

  • The Administrator will then remit to Xxxxx Fargo the difference between the Maximum Settlement Amount and the Minimum Settlement Amount resulting from uncashed checks and the tax refunds on the uncashed checks.

  • The Payment Amount per unit will not be less than the Minimum Settlement Amount.

  • The Administrator will then remit to Xxxxx Fargo the difference between the Maximum Settlement Amount and the Minimum Settlement Amount resulting from uncashed checks and tax refunds on the uncashed checks.

  • The Minimum Settlement Amount is inclusive of a contribution of CAD $250,000.00 towards disbursements and administration expenses for costs of notice and claims administration.

  • Pursuant to the terms of the Settlement Agreement, the Defendants have agreed to pay a Minimum Settlement Amount of CAD $4,116,666.67 and up to a Maximum Settlement Amount of CAD $6,750,000.00 to resolve the within action.

  • If the cumulative amount to be settled does not reach the Minimum Settlement Amount for consecutive six months, HONOR shall make Settlement every six months.

  • Based on the above available information, it is reasonable to anticipate that, if the Settlement Agreement is approved, the awards to Approved Claimants will not need to be subject to pro rata reductions: the Minimum Settlement Amount includes compensation for up to 200 Settling Claimants meeting the criteria for MI/CABG/Stenting claim, and compensation for up to 60 Settling Claimants meeting the criteria for a CHF claim, as outlined in s.


More Definitions of Minimum Settlement Amount

Minimum Settlement Amount means the minimum total payment of ten million dollars ($10,000,000.00) that Kimberly-Clark agrees to pay to satisfy valid Claims and Litigation Costs and Expenses. The Minimum Settlement Amount includes four million dollars ($4,000,000.00) in credit that is attributable to the amount of claims Kimberly-Clark previously paid through activated refund cards issued through the Recall and Refund Program. Thus, this Parties agree that the “Minimum Settlement Amount” of ten million dollars ($10,000,000.00) is comprised of: (1) the four million dollar ($4,000,000.00) credit, and (2) an additional six million dollars ($6,000,000.00) to be paid toward the satisfaction of the Minimum Settlement Amount. If the Amount Payable for Approved Claims exceeds the Minimum Settlement Amount, Kimberly- Clark will pay any additional Approved Claims in an amount not to exceed the Maximum Settlement Amount, consistent with Paragraphs 2.17 and 6.4.
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Minimum Settlement Amount means 65% of the Net Aggregate
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Minimum Settlement Amount means a fund of CAD$4,116,666.67.
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Related to Minimum Settlement Amount

  • Maximum Settlement Amount means $500,000,000 as amended or modified in accordance with Appendix E.

  • Gross Settlement Amount means $633,000.00 which is the total amount Defendant agrees to pay under the Settlement except as provided in Paragraph 9 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

  • 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.

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

  • Settlement Amount means, with respect to a party and any Early Termination Date, the sum of: --

  • 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.

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

  • Cash Settlement Averaging Period means, with respect to a Security that is tendered for conversion in accordance with this Article X, the twenty (20) consecutive Trading-Day period that begins on, and includes, the third (3rd) Trading Day after the Conversion Date for such Security; provided, however, that if such Conversion Date is on or after the twenty third (23rd) scheduled Trading Day prior to the Maturity Date, then the Cash Settlement Averaging Period with respect to such conversion shall be the twenty (20) consecutive Trading-Day period that begins on and includes the twentieth (20th) scheduled Trading Day prior to the Maturity Date.

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • 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;

  • Post-Closing Adjustment Amount has the meaning set forth in Section 2.04(c).

  • Disruption Cash Settlement Price means in respect of each Security, an amount in the Settlement Currency equal to the fair market value of the Share Amount (taking into account, where the Settlement Disruption Event affected some but not all of the Shares comprising the Share Amount and such non-affected Shares have been duly delivered as provided above, the value of such Shares), less the cost to the Issuer of unwinding any underlying related hedging arrangements, all as determined by the Issuer.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

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

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

  • Individual Settlement Payment means the amount payable from the Net

  • Scheduled Settlement Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).

  • Final Settlement Date has the meaning set forth in Section 3.1(e).

  • Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Operating Agreement, section 3.3. PJM Tariff, Xxxxxx, O.A.T.T., OATT or PJM Open Access Transmission Tariff: “PJM Tariff,” “Tariff,” “O.A.T.T.,” “OATT,” or “PJM Open Access Transmission Tariff” shall mean that certain PJM Open Access Transmission Tariff, including any schedules, appendices or exhibits attached thereto, on file with FERC and as amended from time to time thereafter. Plan:

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.