Terms of Settlement Agreement. 1. The principle amount still owing on the New Loan is now CDN $2,070,140(Two million, seventy thousand, one hundred and forty) as of September 30, 2009;
Terms of Settlement Agreement. Collective Counsel represents that through the filing of their opt-in forms in this Action, Collective Members have consented to Collective Counsel settling the released claims on their behalf. Collective Counsel has the authority to settlement the claims described in this Agreement. Within fourteen (14) days of the last to occur of approval of this settlement by the Court in the Civil Action, or receipt by BHSET from the Settlement Administrator of the total amount of the Gross Settlement Amount (One Hundred Six Thousand Two Hundred and Fifty Dollars ($106,250.00) plus applicable employer payroll taxes), BHSET shall send the Gross Settlement Amount to the Settlement Administrator and the agreed Attorneys Fees and Costs (Three Hundred Eighteen Thousand Seven Hundred Fifty dollars ($318,750.00)) to the Collective Members’ Counsel, Xxxxxxxxx Xxxxxxx Xxxxxxxx Xxxxxxx LLP. Appointment of Settlement Administrator. Collective Counsel has contracted with a Settlement Administrator to distribute Settlement Shares and other payments due to Collective Members under the Settlement; and otherwise administer the Settlement. The Settlement Administrator, as a condition of appointment, will agree to be bound by this Agreement with respect to the performance of its duties and its compensation. The Settlement Administrator’s duties will include preparing, printing, and mailing checks to all Collective Members; calculating Settlement Shares; issuing the checks to effectuate the payments due under the Settlement; issuing the tax reports required under this Settlement; printing and providing Collective Members and Plaintiffs W-2s and IRS 1099 forms as required under this Agreement and applicable law; and otherwise administering the Settlement pursuant to this Agreement. The Settlement Administrator will have the authority to resolve all disputes concerning the calculation of a Participating Collective Member’s Settlement Share, subject to the dollar limitations and calculations set forth in this Agreement. The Settlement Administrator shall have its own Employer Identification Number under Internal Revenue Service Form W-9 and shall use its own Employer Identification Number in calculating payroll withholdings for taxes and shall transmit the required employers’ and employees’ share of the withholdings to the appropriate state and federal tax authorities. The Settlement Administrator shall establish a settlement fund that meets the requirements of a Qualified Settlement Fund ...
Terms of Settlement Agreement. 3.1. KCP&L/GMO agree to revise the transmission cost-of-service formula rate templates (“Formula Rate Templates”) and formula rate implementation protocols (“Formula Rate Protocols”) that were accepted, subject to refund, in the Hearing Order to comply with the Settlement Term Sheet set forth in Attachment 1 to this Settlement Agreement. The Settlement Term Sheet is incorporated in and made part of this Settlement Agreement.
Terms of Settlement Agreement. 1. The Amended Note between Dejour and HEC is hereby cancelled;
Terms of Settlement Agreement. 1. As payment for purchasing 5% Working Interest in Drake / Woodrush from DEAL under the P&S Agreement, Dejour shall reduce the Note balance by the balance due by HEC pursuant to the P&S Agreement on the purchase after taxes and adjustments of $911,722.64. The inter-company loan balance due from DEAL to Dejour is reduced by $911,722.64 accordingly.
Terms of Settlement Agreement. The following points, Numbers 1 through 8, will be included in a revised ordinance which will be approved by the Douglas County Board of Commissioners (“Board”) in a Commission meeting held not later than April 7, 2022. A red line copy of the revised ordinance, which incorporates the changes agreed to by the Parties and contemplated by this Agreement, and will be jointly submitted to the Board for consideration and approval by the County Commissioners, is attached as Exhibit “A” to this Agreement and is incorporated herein.
Terms of Settlement Agreement
