Total Settlement Payment definition

Total Settlement Payment means the cash sum of $54,500,000.00, comprising the Class Action Settlement Payment and the Fraudulent Transfer Settlement Payment.

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Total Settlement Payment means the total payment that the Defendants collectively are to make in accordance with Section 2(a) of this Agreement.

Total Settlement Payment means the sum of the COUNSEL SETTLEMENT AMOUNT, “PLAINTIFF SETTLEMENT AMOUNT,” and any other amounts that may be payable by NPS under separate agreement related to this ACTION.

Examples of Total Settlement Payment in a sentence

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).
The Total Settlement Payment shall not be used, in whole or in part, to fund or create any medical monitoring program for Class Members.
The sole source of any payment of attorneys’ fees and the Service Awards shall be the Total Settlement Payment.
No portion of the Total Settlement Payment constitutes a fine, penalty, punitive damages, disgorgement of profits, reimbursement for investigation or litigation costs, or an amount paid in settlement of any claim for any of the foregoing; and if a determination were made to the contrary, the amounts paid would qualify under the exceptions in Subsections 162(f)(2) and (3).
The Total Settlement Payment (all Settlement Costs, plus all Cash Awards and Membership Awards) must be at least $10,000,000 and no more than $15,000,000.

More Definitions of Total Settlement Payment

Total Settlement Payment means the total amount Life Time will pay to settle the action, including all Settlement Costs, Cash Awards, and Membership Awards, as described in Section 4.02.

Total Settlement Payment means Thirty Million Five Hundred Thousand Dollars ($30,500,000.00), i.e., the sum of the First Settlement Payment and Second Settlement Payment.

Total Settlement Payment means the sum of the First Settlement Payment and Second Settlement Payment.

Total Settlement Payment means the sum of the Total DST Settlement Payment; the Total Goldfarb Settlement Payment; and the Total RCG Settlement Payment.

Total Settlement Payment means Twenty One Million Five Hundred Thousand Dollars ($21,500,000.00), i.e., the sum of the First Settlement Payment and Second Settlement Payment.

Total Settlement Payment means the $1,725,000 total cash payment that the Settling Defendants collectively are obligated to make under the terms of this Settlement in accordance with Section 2 of this Agreement.

Total Settlement Payment means the amount of One Hundred and Ninety Thousand Dollars and No Cents ($190,000.00). This amount shall be the maximum that Comcast will pay pursuant to the Agreement and is inclusive of all payments necessary to implement the Agreement and dismiss the Litigation, including all attorneys’ fees and costs, and the Plaintiff Payments. Notwithstanding the foregoing, the Company shall pay the employer’s portion of payroll taxes outside the Total Settlement Payment, as provided in Section 4.2.