Settlement Option Rate definition

Settlement Option Rate means each rate set out in Part 1 of the Rate Option Annex.

Examples of Settlement Option Rate in a sentence

  • The first annuity installment is determined from the Policy Value and the Settlement Option Rate.

Related to Settlement Option Rate

  • Settlement Method means, with respect to any conversion of Notes, Physical Settlement, Cash Settlement or Combination Settlement, as elected (or deemed to have been elected) by the Company.

  • Settlement Rate has the meaning specified in Section 5.1.

  • Settlement Amount means, with respect to a party and any Early Termination Date, the sum of: --

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Settlement Fund means the Settlement Amount plus any and all interest earned thereon.

  • Net Settlement Fund means the Settlement Fund less: (i) Court-awarded attorneys’ fees and expenses; (ii) Notice and Administration Expenses; (iii) Taxes; and (iv) any other fees or expenses approved by the Court.

  • Gross Settlement Amount means $633,000.00 which is the total amount Defendant agrees to pay under the Settlement except as provided in Paragraph 9 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Settlement Price Date means the Valuation Date. "Valuation Date" means the Redemption Valuation Date.