Monetary Settlement Sample Clauses

Monetary Settlement. The Board shall implement the salary schedules attached hereto and designated Exhibits "A-1" effective September 1, 2022, and “A-2” effective September 1, 20.

Monetary Settlement. 13 In consideration of the Release set forth in section III.G. of this Stipulation and the 14 entry of Judgment on the claims of all Class Members, the Defendants will jointly pay the 15 sum of $1,025,000, within fifteen (15) days of the Effective Date of this settlement. Said 16 payment shall include all attorney’s fees and costs and shall be made payable to ▇▇▇▇▇▇ 17 ▇▇▇▇▇▇▇▇, Attorney Client Trust Account, to be distributed to the Class Representatives, 18 Claimants and Class Counsel by that office as follows: 19 The four Class Representatives shall each receive $9,000; 20 Those Claimants who have submitted Approved Claims shall each receive an equal 21 part of $639,000; 22 Class Counsel shall receive $350,000 for attorneys’ fees and costs, including all 23 costs associated with the administration of the Class Settlement Fund, transmittal and 24 publication of the Class Notice of Settlement Agreement and Claim Forms, review and 25 approval of Claim Forms and payment of Approved Claims.

Monetary Settlement. The Company agrees to pay any monetary settlements, as the outcome of a grievance, by separate cheque if the amount of the settlement is greater than one (1) day’s regular pay.

Monetary Settlement. 60. Subject to approval by the Court, the total monetary consideration to be provided by Farmers pursuant to the Settlement shall be $15,000,000, inclusive of the amount paid to Settlement Class Members, any and all attorneys’ fees, costs and expenses awarded to Class Counsel, any Service Awards to the Class Representatives, all costs and expenses incurred by the Settlement Administrator and any cy pres payment. 61. Within 10 days of Preliminary Approval of the Settlement, Farmers shall deliver to the Settlement Administrator $500,000 from the Settlement Amount to be deposited in a Qualified Settlement Fund account for this matter at the Depository Bank. This amount is estimated to be necessary to pay for the Notice Program and administration of the Settlement by the Settlement Administrator. 62. Within 10 days of the Effective ▇▇▇▇ ▇▇▇▇▇▇▇ shall deliver to the Settlement Administrator that portion of the Settlement Amount necessary to pay the Settlement Class Member Payments due to the Past Policy Holders and the attorneys’ fees and costs payable to Class Counsel, which amount shall be deposited in the Qualified Settlement Fund account for this matter at the Depository Bank maintained by the Settlement Administrator. The Settlement Administrator shall deliver such Settlement Class Member Payments to the Past Policy Holders in accordance with the Court’s Final Approval Order. 63. In order to reduce the costs of administration of the Settlement, Farmers shall retain that portion of the Settlement Amount that is allocated to Settlement Class Members who are Renewing Current Policy Holders, who will beginning on the Payment Date, at its own cost and expense, directly credit the Policies of those Renewing Current Policy Holder Settlement Class Members at the time of renewal of their Policies. At the conclusion of the renewal cycle, Farmers shall deliver to the Settlement Administrator that portion of the Settlement Amount necessary to satisfy the Settlement Class Member Payments due to the Non– Renewing Current Policyholders, whose payments will be then be delivered by the Settlement Administrator by paper check. Farmers shall report to the Court as to the status of all Settlement Class Member Payments made to Renewing Current Policy Holders on a semi-annual basis following the Payment Date.

Monetary Settlement. The Employer agrees to pay any monetary settlement, at the outcome of a Grievance, by separate cheque if the amount of the settlement is greater than one

Monetary Settlement. Effective May the employer will assign a wage increase of to all wage rates as reflected in Appendix “A” wage grid.

Monetary Settlement. MBI shall pay Shionogi a total of eight million, five hundred thousand U.S. dollars ($8,500,000.00), payable via wire transfer of immediately available federal funds to an account specified by Shionogi, as follows: a. Three million U.S. dollars ($3,000,000.00) before the close of the third business day following the complete execution of this Agreement by the Settlement Agreement and Mutual Release between Shionogi & Co., Ltd. and Molecular Biosystems, Inc. Parties and their counsel. b. Two million U.S. dollars ($2,000,000.00) on or before September 10, 1997; c. Two million U.S. dollars ($2,000,000.00) on or before September 10, 1998; and d. One million five-hundred thousand U.S. dollars ($1,500,000.00) on or before September 10, 1999.

Monetary Settlement. The customer must maintain collected funds on deposit for the amount of debits initiated against its account. Funds for incoming electronic transfers will be credited to the customer's account on the transmission date. Funds for outgoing electronic transfers will be held until the settlement date of the transaction for the deposit at the Receiving Depository Financial Institution.

Monetary Settlement. The Employer agrees to pay any monetary settlement, at the outcomeof a Grievance, by separatecheque if the amount of the settlementis greater than one (1) days regular No adjustment affected under the Grievance or arbitration procedure shall be made retroactive prior to the date of the occurrencewhich resulted in the Grievance being filed.