Settled Amount definition
Examples of Settled Amount in a sentence
The Settlor hereby pays the Settled Amount to the Trustee for the purpose of creating and settling the Trust; and the Settlor is hereby issued one initial Trust Unit in the Trust.
The representations, warranties and agreements of the Parties shall survive the execution and delivery of this Agreement by the Parties, and the payment of the Settled Amount.
The Settlor has paid the Settled Amount to the Initial Trustee and the Initial Trustee has accepted the Settled Amount for the purpose of creating and settling the Trust and the Settlor has been issued one hundred initial Trust Units in the Trust to the Initial Trustee which have been transferred to the Trustee.
The Settlor hereby pays the Settled Amount to the Trustee and the Trustee hereby accepts the Settled Amount for the purpose of creating and settling the Trust and the Settlor is hereby issued ten initial Trust Units in the Trust .
The Creditor hereby agrees to accept the Settled Amount as payment in full, and, upon payment of the Settled Amount to the Creditor, the Creditor agrees that any and all obligations of the Company shall be satisfied in full and the Company shall have no further obligations to the Creditor thereunder.