Settlement Payment Amount definition

Settlement Payment Amount means the Forty-Three Million and 00/100 Dollars ($43,000,000.00) that TD Bank agrees to pay, without admission of liability, as the monetary component of this Settlement, as more specifically described in paragraph 137 of this Agreement.

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Settlement Payment Amount means the amount of four million two hundred and forty-five thousand dollars ($4,245,000.00 (USD)) that Defendant agrees to pay, without admission of liability, under the terms of this Settlement, as more specifically described in Section IV hereof.

Settlement Payment Amount means Nine Hundred Fifty Thousand Dollars ($950,000.00).

Examples of Settlement Payment Amount in a sentence

• This Settlement Payment Amount includes all monetary 3 TD Bank expressly reserves, and does not waive, the right to take the position in other litigation that the release in the Final Judgment foreclosed certain claims of members of the MDL 2036 settlement class beyond September 20, 2012.

• The amount of the Net Settlement Fund available for distribution to each Settlement Class shall equal the Net Settlement Fund multiplied by the percentage of the total Settlement Payment Amount allocated to that Class, as set forth in paragraph 137 of this Agreement.

• In exchange for the mutual promises and covenants in this Agreement, including, without limitation, the Releases as set forth in Section XIV hereof and the dismissal of the action with prejudice upon Final Approval, within fourteen calendar days of Preliminary Approval, TD Bank shall deposit the Settlement Payment Amount of $43,000,000.00, into the Escrow Account to create the Settlement Fund as set forth herein.

• None of the Credit Parties other than Borrowers shall engage in any trade or business, or own any assets (other than Stock of their Subsidiaries) or incur any Debt or Guaranteed Debt (other than the Obligations).

• Said Settlement Payment Amount in the form of a check made payable to “Radiant Technologies, Inc.” shall be forwarded to Radiant upon the execution of this Agreement.

• In exchange for the mutual promises and covenants in this Agreement, including, without limitation, the Releases as set forth in Section XI and dismissal of the Action with prejudice upon Final Approval, within 14 calendar days of the date of Preliminary Approval by the Court, Defendant shall deposit the Settlement Payment Amount with the Settlement Administrator to create the Settlement Fund for the benefit of the Settlement Class.

• Within one Business Day after Sellers give any such notice and direction to Buyer, Buyer will pay to the recipient named in such notice and direction (in the manner stated above and in such notice and direction) the applicable Settlement Payment Amount on behalf of the applicable Seller or such an Affiliate.

• This Settlement Payment Amount includes all monetary disbursements incurred in connection with the Settlement, including but not limited to (a) all monetary payments to the Settlement Class; (b) all Administrative Costs; (c) all attorneys’ fees, costs, and expenses awarded by the Court to Class Counsel; and (d) all Service Awards to be paid to Plaintiffs.

• Defendant’s payment of the Settlement Payment Amount is subject to Court approval, without admission of liability, and subject to the refund provisions of Section XII below, in the event that this Agreement is terminated or the Effective Date otherwise does not occur.

• All Administrative Costs, including all costs associated with Notice and administration of the Settlement shall be paid out of the Settlement Payment Amount.

More Definitions of Settlement Payment Amount

Settlement Payment Amount is defined in Section 5.30.

Settlement Payment Amount means the amount that RHI agrees to pay, without admission of liability, as the monetary component of this Settlement, as more specifically described in Section XII of this Agreement.

Settlement Payment Amount means the amount of money that Berkshire will be required to deposit into the Settlement Fund for purposes of making payments to Settlement Class Members, pursuant to paragraphs 48 and 52 of this Agreement. The Settlement Payment Amount will be calculated by multiplying the number of Covered Transactions times $30.00. Based on Berkshire’s review of available data, the Settlement Payment Amount will total $304,290.00 (10,143 Covered Transactions times $30.00).

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