Common use of Monetary Consideration Clause in Contracts

Monetary Consideration. In addition to the business practice changes set forth in Section 4.01, (1) Capital One will pay a non-reversionary cash sum in the amount of $73,000,000 into the Settlement Fund; (2) Leading Edge will pay a non-reversionary cash sum in the amount of $996,205.71 into the Settlement Fund; (3) Capital Management will pay a non- reversionary cash sum in the amount of $24,220.08 into the Settlement Fund; and (4) AllianceOne will pay a non-reversionary cash sum in the amount of $1,434,672.95 into the Settlement Fund. These amounts will be paid by Defendants to the Claims Administrator on the Funding Date.

Appears in 3 contracts

Sources: Settlement Agreement, Settlement Agreement, Settlement Agreement