Examples of Monetary Settlement in a sentence
Effective April 1, 2019, DOB no longer classifies or distinctly identifies any settlement of less than $25 million as an Extraordinary Monetary Settlement.
Monetary Settlement System Cash settlements at the Bank include:1/ cash deposits and withdrawals by means of cash desk documents, 2/ cash withdrawals by means of payment cards.
The State used $850 million in Extraordinary Monetary Settlement payments, previously set aside for financial risks, to finance the initial repayment amount in FY 2016.
Any Fee and Expense Award shall be paid solely out of the Monetary Settlement Amount.
The Legislature codified the settlement agreement in a three-piece package:Aircraft Valuation Methodology and Monetary Settlement.
In the event that the amount of any Fee and Expense Award is reduced as a result of further judicial review or appeal and the Monetary Settlement Amount has already been paid, Co-Lead Counsel shall remit to Boeing the amount of such reduction no later than twenty (20) Business Days following the date that the order reducing the amount of the Fee and Expense Award becomes final and no longer subject to further appeal or review.
Neither Named Defendants, Boeing, nor any Person other than the Insurers shall have any obligation to pay the Monetary Settlement Amount, in whole or in part.
In the event that the amount of any Fee and Expense Award is increased as a result of further judicial review or appeal of the Fee and Expense Award and the Monetary Settlement Amount has already been paid, Boeing shall remit to Co-Lead Counsel the amount of such increase no later than twenty (20) Business Days of the date that the order increasing the amount of any Fee and Expense Award becomes final and no longer subject to further appeal or review.
Defendants shall file any brief opposing the Fee and Expense Application not later than twenty (20) calendar days prior to the Settlement Hearing, but have agreed that they will not object to or otherwise take any position on the Fee and Expense Application, so long as the Fee and Expense Application seeks an award no greater than 12.5% of the Monetary Settlement Amount (i.e., $29,687,500).
Co-Lead Plaintiffs intend to petition the Court for an award of attorneys’ fees and expenses, on behalf of themselves and Plaintiffs’ Counsel as full and final compensation for any of the benefits provided to Boeing and Boeing’s stockholders from the Settlement, which petition shall be for an amount no greater than 12.5% of the Monetary Settlement Amount ( i.e., $29,687,500) (“Fee and Expense Application”).