Notice Payment definition

Notice Payment means the amount to be determined by the Notice and Claims Administrator to effectuate the Notice Plan.
Notice Payment means the sum of two hundred thousand
Notice Payment means $300,000 of the Settlement Payment to be paid into the Account to cover Notice Costs.

Examples of Notice Payment in a sentence

  • If the Company shall decide not to make a Notice Payment, the Executive shall not be entitled to enforce that payment as a contractual debt nor as liquidated damages.

  • If the Executive fails to comply with this obligation, then from the date the Executive commences alternative employment, the Executive shall have no further entitlement to any payment of Notice Payment.

  • The Executive agrees to waive, release and discharge any and all such rights and claims and acknowledges that it is a condition of the payment of the Notice Payment that he will execute a settlement agreement (and any other documents reasonably required by the Company) in a form reasonably acceptable to the Company in order to give effect to the release and waiver in this Clause 3.3.

  • The Executive agrees to waive, release and discharge any and all such rights and claims and acknowledges that it is a condition of the payment of the Notice Payment that she will execute a settlement agreement (and any other documents reasonably required by the Company) in a form reasonably acceptable to the Company in order to give effect to the release and waiver in this Clause 3.3.

  • In these circumstances, subject to the terms of Clause 3.3.2, the Company will subsequently make a payment to the Executive in lieu of notice, calculated in accordance with the provisions of Clauses 3.3.3 and 3.3.4 (the payment being referred to as a "Notice Payment").

  • Door Hanger Notification (Disconnect Notice, Payment Returns, etc.): For processing each collection.

  • The Notice Payment shall be paid within 10 business days following the termination date.

  • The Notice Payment shall be credited against the total Settlement Fund required to be paid into the Qualified Settlement Fund.

  • Except for the accrued salary, vacation time and benefits and the Notice Payment, the Company shall have no further obligation to pay any compensation of any kind, any severance payment of any kind and/or any additional notice payment of any kind.

  • No amounts may be withdrawn from the Qualified Settlement Fund prior to the Effective Date unless: (i) expressly authorized by this Agreement; or (ii) approved by the Court, except that the Notice Payment may be used to provide notice to Settlement Class Members under the Notice Plan as approved by the Court.


More Definitions of Notice Payment

Notice Payment means an amount equal to 50% of the cost of mailing the Settlement Approval Notice, which for greater certainly shall be limited to the reasonable costs of printing the Settlement Approval Notice, enveloping the Settlement Approval Notice, and postage;
Notice Payment means [$53,250.15] of the Settlement Payment to be paid into the Account to cover Notice Costs.
Notice Payment means three hundred thousand dollars ($300,000) of the Settlement Payment to be paid into the Account to cover Notice Costs.
Notice Payment means Two Hundred Thousand Dollars ($200,000.00) of the Settlement Payment to be paid into the Account to cover Notice Costs.
Notice Payment means the sum of seventy-five thousand dollars and no cents ($75,000.00), which is intended to be an amount sufficient to pay for the cost of providing notice to Class Members as required by the Court.
Notice Payment means the sum of One Thousand Dollars ($1,000) in cash to be deposited by or on behalf of Defendant into the Escrow Account to be applied to the payment of Notice Costs.