Unsettled definition

Unsettled means, with respect to any judgment, that such judgment is not subject to a Qualifying Settlement.
Unsettled means a liability that still has the potential to impose costs on the responsible firm. That is the case when the liability is undiscovered but still within statutes of limitations or it has been discovered and the outcome is still contingent, such as when there is an active investigation or a settlement that has outstanding obligations. “Settled” liabilities, on the other hand, have been fully discharged or the statute of limitations has expired. Cf. Mihailis Diamantis, Invisible Victims, 2022 WIS. L. REV. 1, 15 (“Many criminals can become unpunishable if they are patient enough. The vast majority of criminals are never caught. Once the statute of limitations runs, they become immune from punishment.”).
Unsettled shares on the Custodian's records for the Fund. The Custodian may at any time or times in its discretion appoint (and may at any time remove) agents (other than Subcustodians) to carry out some or all of the administrative provisions of this Agreement (AGENTS), provided, however, that the appointment of such agent shall not relieve the Custodian of its administrative obligations under this Agreement.

Examples of Unsettled in a sentence

  • Subsequent to the original issuance of the Purchase Contracts, the Agent shall, subject to the conditions set forth in this Article and Article Two, countersign and execute on behalf of the Holder Purchase Contracts issued in exchange or substitution for or upon transfer of Unit Certificates evidencing one or more previously countersigned and executed Unsettled Purchase Contracts evidenced by the Unit Certificates to be exchanged, substituted for or transferred.

  • Each daily statement will provide the total Ounce weight held as the case may be, for each respective type of Bullion and its Prescribed Form in addition to an account activity statement detailing its Cash Balance, Credit Line, Unsettled Funds and Reserved Funds, all orders, deposits and withdrawals executed on the statement issue date.

  • In any case where judicial proceedings are instituted, AXP shall be entitled to select the forum for such judicial proceedings, unless AXP determines, in good faith, that such proceedings involve only Ameriprise Unsettled Issues and has chosen option (ii) described in Section 9.04 above in respect of such issues.

  • If, for any Affiliation Year, the aggregate liability for Article IX Taxes with respect to the remaining Ameriprise Unsettled Issues exceeds $1,000,000, AXP may select one of two options: (i) retain complete control over and liability for the remaining Ameriprise Unsettled Issues, or (ii) cede complete control to Ameriprise for the remaining Ameriprise Unsettled Issues.

  • In so doing, Ameriprise may, upon ten (10) business days written notice to AXP, fund the prepayment of any remaining Ameriprise Unsettled Issue if the effect of such prepayment is to toll an interest charge for such issue and AXP does not otherwise determine in good faith that such action would adversely affect the U.S. federal income Tax liability of a member of the AXP Group (other than a member of the Ameriprise Group).

  • If the aggregate liability for Article IX Taxes with respect to the remaining Ameriprise Unsettled Issues does not exceed $1,000,000, Ameriprise also shall be obligated to settle all such issues at its own cost and expense within a reasonable period of time after receipt of the Evaluation.

  • Exhibit "A-1" - Unsettled Policies Purchased by Dow Corning A-1 -- 1 Exhibit "A-2" - Insolvent Carriers - Policy Level Detail ...........................................A-2 1 Exhibit "A-3" - Cash Settlements...............................................................................A-3 1 Exhibit "B" - Assignment of Indemnification Agreement.........................................

  • If SNI Unsettled Issues or issues that could affect any Tax liability for which the SNI Group may be responsible are involved, SNI shall be entitled to participate in the selection of the forum for judicial proceedings.

  • A classified employee who would qualify for a higher salary bracket shall submit verification by September 15 of any contract year.

  • The evaluation shall state, for the SNI Unsettled Issues on an issue by issue basis, whether, in the opinion of the attorney (which in the case of a listed transaction or reportable transaction for U.S. federal income Tax purposes does not constitute a disqualified Tax opinion as defined in Section 6664(d) of the Code) the filing position will more likely than not be sustained.


More Definitions of Unsettled

Unsettled means that no final agreement has been reached in writing with the Inland Revenue of the corporation tax computation to which the Listed Claim relates; and "unaccepted" means that no final agreement has been reached with the Inland Revenue of the corporation tax computation to which the Listed Relief relates as to the amount (if any) of the Listed Relief which will give rise to a reduction in the amount of Taxation payable by the company making the claim or reducing the amount of Taxation payable by another UK group company to be acquired by the Purchaser by way of the surrender of the Relief. PROVIDED, however, that for these purposes final agreement in writing shall be deemed to have been reached where the period during which the Inland Revenue may question the relevant computation has expired without any such question being raised. In addition, in determining whether final agreement has been reached, the rights of the Inland Revenue under Section 29 of the Taxes Management Act ▇▇▇▇ ▇▇▇ under paragraph 41 of Schedule 18 of the Finance Act ▇▇▇▇ ▇▇▇ll be ignored. For such purpose, the "Relevant Percentage" shall be calculated as follows: Residual Amounts Relevant Percentage ---------------- ------------------- (pound sterling) 0 -(pound sterling) 100,000 100% (pound sterling) 100,000 -(pound sterling) 810,000 X (pound sterling) 810,000 86% where x = 86 + ( 810,000 - Residual Claims x 14 ) ------------------------- ( 710,000 ) Within five Business Days of each Settlement Date, the Purchaser shall pay to the Vendor a sum equal to the difference between the original Tax Retention of (pound sterling) 700,000 and the Tax Retention as adjusted pursuant to this clause less the aggregate of:

Related to Unsettled

  • Settled as used referring to a collective bargaining agreement means that the agreement has been ratified by the exclusive bargaining unit and approved by the governing board.

  • Underlying means the Underlying as specified in § 1 of the Product and Underlying Data.

  • Disputed means, with respect to any Claim or Interest, any Claim or Interest that is not yet Allowed.

  • Disputed Item has the meaning set forth in Section 2.05(b).

  • Unresolved Claims has the meaning set forth in Section 7.6(c).