Settlement Charge definition

Settlement Charge means a charge of 1 c/kWh to be implemented by PREPA and included in its customer bills by July 1, 2019.
Settlement Charge means, where included in the Order:
Settlement Charge means the amount charged to Merchant for receiving settlement from Wavpay Technology Partner in relation to the use of the Payment Channels by the Merchant as indicated in the Appendices;

Examples of Settlement Charge in a sentence

  • The Bank shall have the right to charge an Early Settlement Charge to the Customer upon Early Settlement during Lock-in Period made by the Customer and the Early Settlement Charges shall be calculated in the manner as determined by the Bank at its sole discretion.

  • If Worldspan fails to so implement an Interim Cure Arrangement or to maintain it for so long as Worldspan is in Default under this AMO Agreement, then IBM Credit may immediately request in writing that Worldspan pay a Settlement Charge, as described herein.

  • If Worldspan fails to pay the Settlement Charge in a timely manner, then Worldspan agrees, upon IBM Credit’s written demand, without any court order or other process of law and without liability for any damages occasioned by such action, to cease using and surrender to IBM Credit for return to licensor all licensed program materials for which IBM Credit has financed the charges, and to destroy any and all copies thereof.

  • If Worldspan fails to implement or maintain the Interim Cure Arrangement as described above, then, if Worldspan is still in Default under this AMO Agreement, upon IBM Credit’s written request, Worldspan shall pay the Settlement Charge, as described below.

  • Disputes regarding the Settlement Charge shall be considered under the Arbitration Act (1999:116), subject to the following deviations.

  • The first paragraph of Subsection B(2) of Section 20 of the AMO Agreement is replaced in its entirety with the following: “Upon receipt of a written request therefor from IBM Credit, as described above, Worldspan will pay an amount equal to the Settlement Charge, as defined below, and such amount will be due and payable on the date (the “Default Date”) that is thirty (30) days after Worldspan’s receipt of such written request.

  • The Settlement Charge covers the cost of, in accordance with the Contract, dispo- ▇▇▇ of the products that the Affiliated Undertaking has up to the date of Final Settlement put into the market, which have not yet been dealt with.

  • The Affiliated Undertaking shall pay to El-Kretsen a Settlement Charge.

  • Upon receipt of a written request therefor from IBM Credit, as described above, Worldspan will pay an amount equal to the Settlement Charge, as defined below, and such amount will be due and payable on the date (the “Default Date”) that is thirty (30) days after Worldspan’s receipt of such written request.

  • This also applies if the dispute is instituted about the Settlement Charge according to Clause 12.


More Definitions of Settlement Charge

Settlement Charge means the charges incurred by the Borrower in accordance with the Settlement of Shareholder Actions; provided, however, that those charges are in accordance with GAAP and that the aggregate amount of all of those charges shall not exceed Three Million Thirty-Seven Thousand Five Hundred Dollars ($3,037,500)."

Related to Settlement Charge

  • Management Charge means the sum paid by the Supplier to the Authority being an amount of half (0.5) percent of all Charges for the Services invoiced to the Contracting Bodies (net of VAT) in each Month throughout the Term and thereafter until the expiry or earlier termination of any Call-Off Contract;

  • Account Charge means, in relation to each of the Charged Accounts, the first priority fixed charge or pledge over all such accounts given or to be given by the relevant account holder thereof in favor of and in form and substance satisfactory to the Security Trustee.

  • Prepayment Charge With respect to any Mortgage Loan, the charges or premiums, if any, due in connection with a full or partial prepayment of such Mortgage Loan during a Prepayment Period in accordance with the terms thereof (other than any Servicer Prepayment Charge Payment Amount).

  • Late Payment Charge means the charge that is applied when either Party fails to remit payment for any charges by the Bill Due Date, or if payment for any portion of the charges is received after the Bill Due Date, or if payment for any portion of the charges is received in funds which are not immediately available or received by either Party as of the Bill Due Date, or if either Party does not submit the Remittance Information.

  • Default Management Charge has the meaning given to it in paragraph 6.2 of Framework Schedule 9 (Management Information);