Enhancement Payment Sample Clauses

Enhancement Payment. In recognition of her efforts and work in prosecuting the 13 Actions, Xxxxxxxxx agrees not to oppose or impede any application or motion for an Enhancement 14 Payment in an amount up to Twelve Thousand Five Hundred Dollars ($12,500.00). The Enhancement 15 Payment, which will be paid from the Total Settlement Amount, subject to Court approval, will be in 16 addition to her Individual Settlement Payment as a Settlement Class Member and Individual PAGA 17 Payment as a PAGA Employee. The Settlement Administrator will issue an IRS Form 1099 to Plaintiff 18 for the Enhancement Payment, and Plaintiff shall be solely and legally responsible for correctly 19 characterizing this compensation for tax purposes and for paying any taxes on the amounts received. 20 Plaintiff agrees to indemnify and hold Defendant harmless from any claim or liability for taxes, 21 penalties, or interest arising as a result of the Enhancement Payment. Should the Court approve the 22 Enhancement Payment to Plaintiff in an amount that is less than that set forth above, the difference 23 between the lesser amount approved by the Court and the amount allocated toward the Enhancement 24 Payment will be part of the Net Settlement Amount for the benefit of Settlement Class Members. The 25 Court’s ruling on the request for the Enhancement Payment shall not affect the enforceability of this 26 Agreement or the terms contained herein. 27 /// 28 ///
Sample 1
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Enhancement Payment. The Class Representative will receive an additional $5,000 in recognition of his efforts in bringing this claim and the assistance he provided counsel in bringing this matter to resolution. This amount is in addition to any amount allocated to him as unpaid overtime wages or liquidated
Sample 1
Enhancement Payment. At the close of each calendar year, fifty percent (50%) of all unused sick leave credits shall be paid to the employees who have such unused sick leave credits. Such payment shall be paid on the last pay period prior to Christmas.
Sample 1
Enhancement Payment. As to any Distribution Date and the immediately ------------------- preceding Collection Period, the amount by which the aggregate amount distributable to the Class A Certificateholders pursuant to Sections 5.02(a)(i) and (ii) exceeds the sum of (x) the aggregate Available Distribution Amount and (y) any Draw Amounts received by the Trustee two Business Days prior to such Distribution Date in respect of Section 5.01(a)(i) and (ii).
Sample 1
Enhancement Payment. The Class Representative will receive an additional $15,000 in recognition of her efforts in bringing this claim and the assistance she provided counsel in bringing this matter to resolution. Participating Plaintiffs, who have been deposed, responded to written discovery, and provided evidentiary support during this litigation, Xxxxxxx Xxxxxxx, Xxxxxx Xxxxxxx and XxXxxx Xxxxxx, shall each receive $5,000 in recognition of their efforts. These amounts are in addition to any amount allocated to them in section 5 below.
Sample 1
Enhancement Payment. 9 Gross Settlement Amount, for which Plaintiff shall apply to the Court as an award for her services 10 to the Class Members and in exchange for agreeing to a general release of all claims arising out of 11 her employment with Defendant.
Sample 1

Related to Enhancement Payment

  • Payment Processing; Allocation; Priority of Payments (i) The Servicer shall post all payments received to Customer accounts as promptly as practicable, and, in any event, substantially all payments shall be posted no later than three (3) Business Days after receipt.

  • Adjustment Payment If the Closing Net Working Capital exceeds $690,000,000 (the “Target Net Working Capital”), the Purchase Price shall be increased by the amount by which Closing Net Working Capital exceeds the Target Net Working Capital, and if the Closing Net Working Capital is less than the Target Net Working Capital, the Purchase Price shall be decreased by the amount by which Closing Net Working Capital is less than the Target Net Working Capital. If the Closing Eligible Capital Expenditures exceeds the applicable Target Eligible Capital Expenditures, the Purchase Price shall be increased by the amount by which Closing Eligible Capital Expenditures exceeds such applicable Target Eligible Capital Expenditures, and if the Closing Eligible Capital Expenditures is less than the applicable Target Eligible Capital Expenditures, the Purchase Price shall be decreased by the amount by which Closing Eligible Capital Expenditures is less than such applicable Target Eligible Capital Expenditures. The Purchase Price as so increased or decreased under this Section 2.03(c) shall hereinafter be referred to as the “Adjusted Purchase Price”. If the Closing Date Payment is less than the Adjusted Purchase Price, Purchaser shall, and if the Closing Date Payment is more than the Adjusted Purchase Price, Seller shall, in each case within 10 Business Days after the Closing Date Statement becomes final and binding on the parties, make payment by wire transfer in immediately available funds to one or more accounts designated in writing at least two Business Days prior to such payment by the party entitled to receive such payment, plus interest thereon at a rate of interest equal to 6% per annum, calculated on the basis of the actual number of days elapsed divided by 365, from the Closing Date to the date of payment.

  • Reimbursement Payments The Department shall, to the extent funds are available, reimburse the Grantee for eligible claims presented for payment if the Department determines the requirements for reimbursement have been met. Claims under this Contract can only be made for the period this Contract is in effect. Reimbursement programs include the following:

  • Payment Amount Payment for the Services shall be as follows: (choose one) ☐ - $______________________ for the Services (“Payment”). ☐ - At an hourly rate of $____ per hour (“Payment”). ☐ - Other. ______________________________________________ (“Payment”) If the Subcontractor asserts a claim which involves, in whole or in part, acts or omissions which are the responsibility of the Client or another person for whom a claim may be submitted, including but not limited to, claims for failure to pay, an extension of time, impacts, delay damages, or extra work, the Contractor shall present the Subcontractor's claim to the Client or other responsible party provided the Subcontractor presents to Contractor competent supporting evidence and in sufficient time for the Contractor to do so. The Subcontractor shall cooperate fully with the Contractor in any and all steps the Contractor takes in connection with prosecuting such a claim and shall hold harmless and reimburse the Contractor for all expenses, including legal expenses, incurred by the Contractor which arise out of the Contractor's submission of the Subcontractor's claims to the Client or other responsible party(ies). The Subcontractor shall be bound by any adjudication or award in any action or proceeding resolving such a claim.

  • Settlement Payment If the resulting net amount is positive, it shall be payable by the Defaulting Party to the Non-Defaulting Party, and if it is negative, then the absolute value of such amount shall be payable by the Non-Defaulting Party to the Defaulting Party.

  • Adjustment Payments At least annually, and more frequently throughout the year if mutually agreed to by the parties, an adjustment payment shall be made by the appropriate party in order that the payments remitted by LIA to each Fund with respect to the previous fiscal year shall equal the Excess Amount for that Fund.

  • Treatment of Installment Payments Each payment of termination benefits under this Agreement shall be considered a separate payment, as described in Treas. Reg. Section 1.409A‑2(b)(2), for purposes of Section 409A of the Code.

  • Upfront Payment Upon the execution of this Agreement, the Lessee shall pay to the Lessor the following: (check one) ☐ - First Month’s Rent of: _ Dollars ($ _) ☐ - Last Month’s Rent of: ___ _ Dollars ($ _) ☐ - Security Deposit of: _ _ Dollars ($ _)

  • Payment Frequency As of the Cutoff Date and as shown on the books of CNHCA: (A) Receivables having an aggregate Statistical Contract Value equal to 76.88% of the Aggregate Statistical Contract Value had annual scheduled payments, (B) Receivables having an aggregate Statistical Contract Value equal to 2.70% of the Aggregate Statistical Contract Value had semi-annual scheduled payments, (C) Receivables having an aggregate Statistical Contract Value equal to 0.79% of the Aggregate Statistical Contract Value had quarterly scheduled payments, (D) Receivables having an aggregate Statistical Contract Value equal to 17.19% of the Aggregate Statistical Contract Value had monthly scheduled payments, and (E) Receivables having an aggregate Statistical Contract Value equal to 2.45% of the Aggregate Statistical Contract Value had irregularly scheduled payments.

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