Restitution Payment definition

Restitution Payment or “Restitution Payments” means the Owner Restitution,
View Source
Restitution Payment means any depositor restitution ordered or requested by the Federal Reserve to be paid, and actually paid, pursuant to the Consent Order by: (i) ▇▇▇▇ ▇▇▇▇▇▇ Bank at or prior to the Effective Time; or (ii) Acquiror Bank, as successor to ▇▇▇▇ ▇▇▇▇▇▇ Bank, at any time following the Effective Time.
View Source
Restitution Payment means the amount equal to:
View Source

Examples of Restitution Payment in a sentence

  • Upon receipt of the Restitution Payment in full without set-off or deduction and a release of Investor and Parent from any obligations, liabilities and claims with respect to ICP Israel and/or to the Developers (the "Release"), the Investor shall transfer its limited partnership interests and shares in the General Partner as per the instructions of the General Partner.

  • The Parties acknowledge that those adjusted refuse rates, in conjunction with the Restitution Payment, cure the Omission Error and will remain in effect until a new Rate Order is issued, and that the adjusted rates remain subject to any permissible cost of living increases provided for in the 2017 Rate Order.

  • If the City determines that all of the Restitution Payments have been made or that SF Recology Companies have done all they can reasonably do to find previous active Ratepayers, any remaining portions of the Restitution Payment shall be allocated as outlined below.

  • SF Recology Companies are jointly and severally liable to make the Restitution Payment.

  • By January 31, 2022, SF Recology Companies shall prepare a report for the City detailing the efforts they have made to disburse the Restitution Payment to active and inactive Ratepayers.

  • Concurrently with the Closing, each Principal Stockholder shall deposit an amount equal to such Principal Stockholder’s Individual Escrow Obligation into the Escrow Account, which will, in the aggregate, with the amounts deposited by all Principal Stockholders, secure the payment of any Restitution Payment.

  • The Lyft Restitution Payment will go to a fund for the benefit of Drivers who completed at least one trip using the Lyft App between July 14, 2020 and the Effective Date (“Lyft Eligible Drivers”), which shall be administered by the Settlement Administrator that will make disbursements to Eligible Drivers (“Lyft Driver Payments”).

  • From the Effective Date of this Agreement to December 31, 2021, SF Recology Companies shall use robust and diligent efforts to locate Ratepayers who are entitled to a Restitution Payment but who no longer have active refuse collection accounts.

  • Any Expenses owed by Endocare for the Limited Payment Period, pursuant to paragraph 4 above, shall be paid within 10 days of Endocare’s receipt and deposit of the Endocare Restitution Payment.

  • Except for failure by the SF Recology Companies to make any payment of the Restitution Payment or Settlement Payment required under this Agreement in accordance with Section 2.2 (which is subject to a 10-day cure period as provided in subsection b above), in the event of an alleged Default by either Party, the allegedly defaulting Party shall be given a forty-five-day period from the date of receipt of the Notice of Default in which to correct or cure the breach.


More Definitions of Restitution Payment

Restitution Payment means an amount equal to:
View Source
Restitution Payment shall have the meaning set forth in Section 2.2.1(a).
View Source

Related to Restitution Payment

  • Indemnity Payment shall have the meaning set forth in Section 4.4(a).

  • Production Payment means a production payment obligation (whether volumetric or dollar denominated) of the Borrower or any of its Restricted Subsidiaries which are payable from a specified share of proceeds received from production from specified Oil and Gas Properties, together with all undertakings and obligations in connection therewith.

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Completion Payment means the payment for the 20% of the Charges for each Apprenticeship that under the ESFA Rules is only paid once an Apprentice takes their end point assessment, including as the case may be Apprenticeships funded by Transferred Levy Funds;

  • Exception Payments means payments to deposit accounts or brokerage accounts, payments to settle securities transactions (including, without limitation, stocks, bonds, securities, futures (forex), options, or an investment interest in any entity or property).