Monetary Benefit definition

Monetary Benefit means the payment available to a Claimant who files a valid Claim under this Agreement. The specific Benefit received is subject to review, validation, and adjustments by the Settlement Administrator based upon the terms and conditions of this Agreement.
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Monetary Benefit means the monetary settlement benefits provided under this Agreement as determined pursuant to the methodology described in section 4(c) below.
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Monetary Benefit as used herein means $750,000.00 to be made available by Defendant pursuant to this Settlement to resolve the Action, which represents Defendant’s total monetary liability under this Agreement.
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Examples of Monetary Benefit in a sentence

  • To be eligible for a Monetary Benefit, a Class Member must timely submit a completed Proof of Claim Form and all required documentation by the Claim Deadline.

  • The Settlement Administrator shall determine the Monetary Benefit to be awarded to each Qualified Class Member pursuant to the Settlement Program described herein and the Allocation Matrix attached hereto as Exhibit F.

  • In effect, Class Counsel is requesting that the Court impute a 1/3 attorney’s fee award for any Monetary Benefit paid to Unrepresented Claimants; however, that the value of said fee award be deposited back into the Settlement Fund for the common benefit of all Claimants.

  • Subject to the rights and limitations set forth in this Agreement, every Settlement Class Member shall have the right to submit a Claim for a Monetary Benefit.

  • If a Class Member is not represented by counsel and does not have an attorney lien resulting from previous representation relating to the Crumbles, then any Monetary Benefit awarded to said Unrepresented Claimant shall be reduced by one-third (1/3) under the terms of the Settlement Agreement.

  • The formula is the Forward Flat-Block Price Forecast established in the same BPA power rate case as that which established the RL Rate during the relevant rate period, multiplied by the RL Rate calculated at 100 percent annual load factor, multiplied by the Monetary Benefit amount in annual aMW, multiplied by 8,760 hours; divided by 12 months.

  • Monetary Benefit Sharing (a) In return for a fellowship and, in the event of commercialisation, the payment of royalties, the University agrees to carry out a research project with the Company dealing with the selection of 120 plant extracts (2 g per extract) per year, with a view to their possible future utilisation in agribusiness (crop protection and animal health).

  • For clarity, all costs of the QSF, as described in Paragraphs 9.1 through 9.8 of this Agreement, shall be paid from said Monetary Benefit.

  • Second, BPA will provide, beginning October 1, 2001, and continuing through September 30, 2006, cash payments under the Financial Settlement Agreement in lieu of firm power deliveries under the Settlement Agreement, plus Monetary Benefit payments under the Settlement Agreement.

  • The $750,000 Monetary Benefit as described above shall be the total amount owed by Defendant in settlement.


More Definitions of Monetary Benefit

Monetary Benefit means payment made or benefit accrued from utilisation of genetic resources or associated traditional knowledge;
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Related to Monetary Benefit

  • Pecuniary benefit means benefit in the form of money, property, commercial interests or anything else the primary significance of which is economic gain. Expenses associated with social occasions afforded public servants shall not be deemed a pecuniary benefit.

  • Monthly Benefit means the monthly amount payable by Lincoln to you if you are Disabled or Partially Disabled.

  • primary beneficiary means the individual for whose primary benefit the trust is then held.

  • Termination Benefit means the benefit set forth in Article 7.

  • Accrued Benefit have the meanings specified in ERISA.