Settlement Payment Schedule definition

Settlement Payment Schedule means the schedule of payments attached to this Agreement as Exhibit M. Actual payment amounts are subject to adjustments consistent with this Agreement.
Settlement Payment Schedule. The schedule attached to this Agreement as Exhibit M.
Settlement Payment Schedule means the schedule for the Settlement Administrator to distribute the Total Settlement Payments and otherwise distribute the entire Settlement Fund. Within five (5) days of the Effective Date, Defendant shall fully fund the Settlement Fund by paying $1,534,500.00 (or such adjusted amount per Paragraph 1.28) into the Escrow Account. Within ten (10) days of the Effective Date, the Settlement Administrator shall pay: (1) the Settlement Payments to Class Members, by mailing a settlement check to each Settlement Class Member who submitted a timely and valid Claim Form; (2) the Fee Award to Class Counsel, if any; (3) the Incentive Award to Plaintiff, if any; (4) the Settlement Administrator Fees (providing an invoice for same to Class Counsel and Defendant’s Counsel for review and approval prior to issuing such payment); and (5) all funds, if any, remaining in the Settlement Fund after payment of items (1) – (4) above, to Defendant.

Examples of Settlement Payment Schedule in a sentence

  • The Base Payments will be paid in accordance with the Settlement Payment Schedule specified by Exhibit M, subject to potential offsets for Non-Settling States as provided in Section VII.C.1.

  • The Base Payments will be paid in accordance with the Settlement Payment Schedule specified by Exhibit M-1, subject to potential offsets for Non-Settling States as provided in subsection VII.C.1.

  • K-1 Exhibit L Settlement Fund Administrator .............................................................................L-1 Exhibit M Settlement Payment Schedule .............................................................................

  • Group shall make weekly wire transfer payments of all amounts due to BCBSM within one business day of the payment day set forth in the Quarterly Settlement Payment Schedule.

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  • If HNS does not receive a scheduled wire transfer and/or Skycasters fails to initiate a wire transfer in accordance with the Settlement Payment Schedule, HNS agrees to immediately provide written notice to Skycasters and, upon receiving said written notice, Skycasters shall have three (3) business days to cure any late payment by effectuating said wire transfer to HNS.

  • Within fifteen (15) days after receiving a Parent Federal Tax Settlement Payment Schedule or a Final Parent Federal Tax Settlement Payment Schedule, Company will notify Parent of any disagreement with the Tax benefit calculation reflected thereon.

  • As security for, among other things, the timely payment by Akorn of the Settlement Payment in accordance with the Settlement Payment Schedule, Akorn or its designee shall deliver to MBL on or before the Effective Date the letter of credit described in the Letter Agreement (including draw, reduction and expiration terms, as may be extended or replaced from time to time, the “Letter of Credit”).

  • BFC will pay OGC principal sums equal to $2,149,501 (plus or minus interest, credits and other payments provided in this Settlement Agreement or the Notes) according to the payment schedule set out in Exhibit A hereto (the "Settlement Payment Schedule"), which is incorporated herein.

  • The Settlement Administrator shall open the Escrow Account and make all Settlement Payments to Class Members by check and send them via First Class U.S. Mail, or via other means as agreed between the Settlement Administrator and the Settlement Class Members in accordance with the Settlement Payment Schedule.


More Definitions of Settlement Payment Schedule

Settlement Payment Schedule means the payment schedule for issuing Class Member Settlement Payments. Within thirty (30) days of the Effective Date, Defendant will deposit the Settlement Payment into the accounts of Settlement Class Members who are current account holders of Defendant and for whom Defendant is able to deposit the Settlement Payment into their accounts. If, for any reason, Defendant’s effort to deposit a Settlement Payment as described in this paragraph is unsuccessful, Defendant will provide funds to cover those payments to the Settlement Administrator within ten (10) days of the unsuccessful deposit. Within forty five

Related to Settlement Payment Schedule

  • 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.

  • Payment Schedule ’ means a schedule which sets out—

  • Structured settlement payment rights means rights to receive periodic payments under a structured settlement, whether from the structured settlement obligor or the annuity issuer, where:

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

  • Settlement Cycle means the period of Clearance System Business Days following a transaction on the Relevant Exchange in the Underlying, during which period settlement will customarily take place according to the rules of such Relevant Exchange.