Settlement Sum definition

Settlement Sum means: (a) if the Claim relates to any period of time during which the Vehicle is not available for use during the Term in circumstances where we are liable for such unavailability: an amount equal to the Daily Hire Charge multiplied by the number of full days during the relevant period;

Settlement Sum means three million five hundred thousand dollars ($3,500,000.00).

Settlement Sum means the sum of: (1) the amount of a proposed compromise or settlement of an Indemnifiable Claim agreed to by all parties to such Indemnifiable Claim (other than the Indemnified Party); and (2) the amount of all other Indemnified Losses to which the Indemnified Party is entitled with respect to such Indemnifiable Claims outstanding at the expiration of the thirty day calendar period beginning on the date on which the last Compromise Notice relating to such indemnified claim has been received by the Indemnified Party;

Examples of Settlement Sum in a sentence

• The Settling Parties agree and understand that a breach of the obligations set forth in this Paragraph 9 is deemed by the Settling Parties to be a material breach of this Agreement for which the City is entitled to a refund of fifty percent (50%) of the Settlement Sum ($31,500.00) from the Releasing Party.

• Such kind of studies clearly demonstrate that the weak-motion based ground-motion predictive equations successfully predict the ground motions induced by larger events, once the source term is adequately calibrated (D’Amico et al.

• Further, in exchange for the payment of the Settlement Sum by the Released Parties and because the allegations of the Occurrence and Litigation are disputed, the Settling Parties agree that the Releasing Party and his or her agents, representatives and attorneys, shall limit their public comments regarding the Litigation and the Occurrence to the fact that a satisfactory settlement occurred involving the Parties.

• All Residual Liens which are not the responsibility of the Respondents under clause8.2 will be the responsibility of the respective Group Members affected by any such Residual Liens and (subject to the other requirements of this clause 8) will be paid from the Settlement Sum.

• The payment of the Fast Track Resolution does not affect the Group Member’s rights to have their Residual Liens paid from the Settlement Sum in accordance with clause 8, in addition to the Fast Track Resolution.

More Definitions of Settlement Sum

Settlement Sum means $7,200,000. The Settlement Sum represents the maximum possible payment by Defendant under this Agreement from which payments for all (a) Approved Claims to Class Members, (b) Settlement Administration Expenses, (c) CAFA Notice, and (d) any Fee Award, will be made.

Settlement Sum means the aggregate of: the Termination Sum; and the Total Loss Value of the Vehicle, less any monies actually received and retained by the Supplier as payment from the Customer's insurers for the Total Loss;

Settlement Sum or “Settlement Fund” means the Maximum Gross Settlement Amount of One Million Five Hundred Thousand Dollars and Zero Cents ($1,500,000.00) to be paid by Defendant as provided by this Settlement Agreement to fully and finally settle, resolve and conclude the Settled Lawsuits as provided under this Agreement, without any admission of fault or liability.

Settlement Sum means the amount equal to the difference between the amounts calculated in accordance with the following formulae: 36500 x A (D x Is) + 36500 and 36500 x A (D x Ic) + 36500 where: A = Contract Amount Is = Interest Settlement Rate on the Settlement Date for the Designated Maturity (expressed as a number and not a percentage eg 8.1875 not 8.1875%) Ic = Contract Rate (expressed as a number and not a percentage) D = Settlement Period

Settlement Sum means Thirty-Eight Million Two Hundred Twenty-Five Thousand Dollars ($38,225,000) as described in Section XI.A. of this Settlement Agreement.

Settlement Sum means the aggregate of:

Settlement Sum means the Maximum Settlement Amount described in paragraph 2, below.