Payment without prejudice definition

Payment without prejudice means the payment of benefits claimed to be due and payable under the provisions of Vermont’s Workers’ Compensation Act that are made by an employer or insurance carrier prior to its acceptance of the claim and without waiving its right to contest compensability of the claimed benefit(s). See Rule 3.2300.
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Payment without prejudice means a discretionary payment made without accepting a Workers’ Compensation claim, usually recommended by a Workers’ Compensation Commissioner and granted by either the Third Party Administrator (Insurance Company/TPA) Hearing Representative or an Assistant Attorney General representing the Agency at a Workers’ Compensation Hearing.
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Examples of Payment without prejudice in a sentence

  • Payment without prejudice to Buyer’s right to damages under terms of the Agreement, payment shall be effected through an irrevocable and non-transferable letter of credit (as per proforma given at Annexure-XIV) through a prime bank of international repute.

  • PAYMENT: (A) For Non-Iranian Origin cargo Payment without prejudice to Buyer’s right to damages under terms of the contract, payment shall be made through an irrevocable and non-transferable letter of credit.

  • Payment without prejudice to Buyer’s right to damages under terms of the Agreement, payment shall be made through an irrevocable and non-transferable letter of credit (as per proforma given at Annexure-XIV) through a prime bank of international repute.

  • Payment without prejudice to Buyer’s right to damages under terms of the contract, payment shall be made through an irrevocable and non-transferable letter of credit.

  • PAYMENT: Payment without prejudice to Buyer’s right to damages under terms of the contract, payment shall be made through an irrevocable and non-transferable letter of credit.

  • If the Borrower fails to repay the Moneys Owed on or before the 14th day following the Date of Final Payment, without prejudice to any other rights and remedies available to the Lender, the Borrower shall pay to the Lender an additional sum equivalent to 2% of the Moneys Owed.

  • The Surviving Corporation shall have the option of recouping all or any part of any Indemnified Losses it may suffer by notifying the Sellers that the Surviving Corporation is setting-off the amount that may be payable to Sellers pursuant to any Earnout Payment, without prejudice to any other rights the Surviving Corporation may have.

  • PAYMENT: (A) For Non-Iranian Origin cargo Payment without prejudice to Buyer’s right to damages under terms of the Agreement, payment shall be made through an irrevocable and non-transferable letter of credit (as per proforma given at Annexure-XIV) through a prime bank of international repute.

  • Payment without prejudice should be incorporated in the mandatory instrument by means of a model Receipt and Release and the inclusion of text to prevent the abuse of crew members or their dependants in unequal bargaining positions with shipowners and their insurers.

  • To the extent Sellers have not paid the Surviving Corporation any Shortfall pursuant to PARAGRAPH 3.2(F) or any Indemnified Losses pursuant to PARAGRAPH 11.1, the Surviving Corporation may deduct such unpaid amounts from any Earnout Payment without prejudice to any other rights the Surviving Corporation may have against the Sellers with respect to the Shortfall or the Indemnified Losses.

Related to Payment without prejudice

  • Obligations means any principal, interest, penalties, fees, indemnifications, reimbursements, damages and other liabilities payable under the documentation governing any Indebtedness.

  • Rights means, with respect to any Person, warrants, options, rights, convertible securities and other arrangements or commitments which obligate the Person to issue or dispose of any of its capital stock or other ownership interests.

  • Credit Support Provider has the meaning specified in the Schedule.

  • AHYDO Catch-Up Payment means any payment with respect to any obligations of the Borrower or any Restricted Subsidiary, in each case to avoid the application of Section 163(e)(5) of the Code thereto.

  • Relevant Provisions means, in respect of the Determination Agent, the provisions of the Determination Agency Agreement, the Trust Deed, and the Conditions.