Settlement Payment definition

Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.
Settlement Payment. ’ means a prelimi- nary settlement payment, a partial settlement payment, an interim settlement payment, a settlement payment on account, a final settle- ment payment, or any other similar payment commonly used in the securities trade; and
Settlement Payment means an Up-MACRO Settlement Payment or a Down-MACRO Settlement Payment, as applicable.

Examples of Settlement Payment in a sentence

  • It is understood and agreed that Claimant is responsible for the payment of any taxes, liens, attachments and/or any charges associated with, against, and/or related to the Settlement Payment.

  • Each Party irrevocably consents to the exclusive jurisdiction and the exclusive venue of the United States District Court for the Southern District of New York to enforce the terms of this Settlement Agreement and to resolve all disputes hereunder, including without limitation a breach of contract dispute based on Respondents failure to timely and fully pay the Settlement Payment.

  • As a part of the consideration for the Settlement Payment, the Parties agree to keep the terms of this Settlement Agreement, the Arbitration, the Arbitration Award, and the Action strictly confidential, except to the extent already publicly known and except as provided herein, and not to communicate same unless compelled to do so pursuant to a valid court order, or 5 otherwise required by law, including in response to a valid subpoena or other lawful process, or regulatory or licensing authority.

  • The Settlement Payment is a gross payment that may be subject to applicable taxes and tax withholdings.

More Definitions of Settlement Payment

Settlement Payment means an Up Settlement Payment or a Down Settlement Payment, as applicable.
Settlement Payment means a pro rata portion of the Settlement Fund less any Fee Award, incentive award to the Class Representative, and Settlement Administration Expenses.
Settlement Payment means a payment made pursuant to Section 2.1(c).
Settlement Payment means the amount to be paid to valid Claimants as detailed in Section 4.
Settlement Payment means the same as “Settlement Payment” or “Settlement Consideration and Payment” as those terms are defined in Section 3.01 of the Settlement Agreement.
Settlement Payment means the amount to be paid to Authorized Claimants as described in Section F.
Settlement Payment means any MI Settlement Payment or IS Settlement Payment.