Monetary Terms Sample Clauses

Monetary Terms. All references to "Dollars" or "$" shall mean US Dollars unless otherwise specified.

Monetary Terms. 1. The Foundation Parties, collectively, agree to pay the amount of $7,200,000 (seven million, two hundred thousand dollars) (the “settlement funds”) subject to the payment schedule and qualifying reductions set forth in this agreement. Payment of the settlement funds will be made payable to the Attorney General’s Office, and it may be done so via check, ACH, or other accepted electronic payment. The Attorney General will retain $400,000 (four hundred thousand dollars) from the first payment made by Foundation Parties for reimbursement of investigation costs. (Govt. Code, §§ 12586.2, 12598.) The Attorney General will forward all remaining settlement payments to the California Community Foundation. The California Community Foundation will set up a fund for the benefit of the people of Lithuania with the following two distinct purposes: (1) for the education of disadvantaged Lithuanian orphans and children in the Vilnius region; and (2) for the charitable purposes of Zelva village, for example the establishment of a trade school, teacher training or seminary, financial assistance for needy students with above average grades, and senior citizens. All Notices and evidence of payments of the settlement shall be forwarded to the Attorney General to the attention of Deputy Attorney General ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ by both email and U.S. mail, at ▇▇▇ ▇. ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇, (▇▇▇) ▇▇▇-▇▇▇▇; ▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇▇@▇▇▇.▇▇.▇▇▇. The payments of the settlement funds will be made as follows: Payment #1: The amount of $1.3 million shall be payable within 90 days from the date this settlement agreement is signed by all parties. Remaining Payments: The remaining $5.9 million is due as follows: i. Payment #2: $1.0 million due no later than 18 months after the first payment; payment; payment; payment;1 ii. Payment #3: $1.0 million due no later than 30 months after the first iii. Payment #4: $1.9 million due no later than 42 months after the first iv. Payment #5: $2.0 million due no later than 54 months after the first 2. Notwithstanding the payments set for in Section III(B)(1), Foundation Parties will receive a credit of $12,500 for each of the above payments made on a timely basis. Any credit accrued will be deducted from the final payment in the event such final payment is made on or before the deadline set forth in Section III(B)(1)(iv). Any credits will be forfeited if Foundation Parties fail to make timely payments (miss any payment deadline). All deadlines for ...

Monetary Terms. All amounts expressed in dollars or "$" in this Agreement shall mean dollars of the United States of America.

Monetary Terms. Within ninety (90) days of the execution of this Agreement, VDOC will pay $250,000 to Plaintiffs. This amount is inclusive of attorneys’ fees and costs. This sum will be provided by check addressed to the American Civil Liberties Union Foundation of Virginia.

Monetary Terms. All monetary terms set forth herein are expressed in U.S. dollars.

Monetary Terms. SignalShare Hospitality shall pay to TIG the total sum of One Million Nine Hundred Eighteen Thousand Four Hundred Sixteen Dollars ($1,918,416.00 - the “Settlement Amount”) as follows: a. Six Hundred Thousand Dollars ($600,000.00) on the closing date of the Merger Transaction. Upon Payment of the Six Hundred Thousand Dollars ($600,000) to TIG, TIG will fully release Roomlinx, ▇▇▇▇▇ and ▇▇▇▇▇▇▇ as set forth in paragraph 9 of this Settlement Agreement, file the Dismissals and Stipulations described in paragraph 6(b) of this Settlement Agreement, consent to the transfer of the rights and obligations described in this Settlement Agreement to SignalShare Hospitality with no recourse against SSI F/K/A Roomlinx (Parent), and release to SignalShare Hospitality the items of the Remaining Stored Equipment described in Exhibit “C” hereto. b. Three Hundred Thousand Dollars ($300,000.00) in consecutive monthly installments of Forty Four Thousand Four Hundred Forty-Four Dollars ($44,444.00) each for the first six (6) months and Thirty Three Thousand Three Hundred Thirty-Six Dollars ($33,336.00) in the seventh (7th) month, which payments shall commence on or before the 30th day after the closing of the Merger Transaction and on the same day of each month thereafter until fully paid. c. One Million Eighteen Thousand Four Hundred Sixteen Dollars ($1,018,416.00), reduced by amounts credited pursuant to paragraph 3 of this Settlement Agreement, within one (1) year of closing of the Merger Transaction, and as TIG releases to SignalShare Hospitality and/or sells to third parties the Remaining Purchased Equipment and the Remaining Stored Equipment, as follows: i. Upon closing of the Merger Transaction, SignalShare Hospitality shall issue and forward to TIG a non-cancellable Purchase Order for all of the Remaining Purchased Equipment and all of the Remaining Stored Equipment not released to SignalShare Hospitality pursuant to paragraph 2(a) of this Settlement Agreement and described in Exhibit “C.” Thereafter, SignalShare Hospitality shall pay for and take delivery of all of the Remaining Purchased Equipment and the Remaining Stored Equipment (except for the Remaining Stored Equipment already released to SignalShare Hospitality pursuant to paragraph 2(a) of this Settlement Agreement, and described in Exhibit “C,” and except for any of the Remaining Purchased Equipment sold to a third party pursuant to paragraph 3 of this Settlement Agreement) within one (1) year. ii. Subject to t...

Monetary Terms. All amounts expressed in pounds sterling or “pounds sterling” in this Agreement shall mean pound sterling in the United Kingdom.

Monetary Terms. The City of Cincinnati, on behalf of the Defendants, shall pay six million dollars to the Plaintiffs as valuable consideration in full and final settlement of all claims and causes of action, as set forth below, including all claims for attorney fees and costs payable under any provision of law. Such payment is expressly conditioned on an appropriation of the $6 million, as well as the $250,000.00 for the Team, by Cincinnati City Council. The City shall pay the filing fee for the QSF petition. The Plaintiffs will pay all other costs associated with the QSF administrator. Within 30 days of the passage of such Ordinance, payment shall be made to the ▇▇▇▇ Plush Qualified Settlement Fund established in the United States District Court as ordered by said Court. The Fund shall be paid in a manner that protects the Fund’s ability to fund the qualified settlement fund (QSF), special needs trusts, Medicaid payback pooled trust accounts, and/or fund structured settlement annuity contracts, or similar instruments. All payments are made on account of personal physical injury under Internal Revenue Code Section 104(a)(2). The source and origin of the claim and monetary payment is the physical injury to and death of ▇▇▇▇ ▇▇▇▇▇. No payments are made on account of punitive damages of any kind. Defendants make no representations as to the tax consequences of the settlement or of this Agreement. This Agreement is not contingent upon acceptance by the Internal Revenue Service of the characterization of the nature of payments as set forth in this Paragraph. This Agreement is contingent on the approval of the Probate Court of Hamilton County.

Monetary Terms. Who pays whom Amount Example: _______ agrees to pay ___________ a total of $___. Final? (if so, indicate type of dispute, eg, “contract,” “neighbor”, “partnership”) Example: “_______________ agrees to accept $ ____________ in full settlement of this _________ dispute.” Type of payment (eg, cash, check, money order)(If cash, will there be a receipt?) Example: “…by check made payable to ____” Delivery form; place (eg, in person, by mail) Example: “____ will mail this to Attorney ___’s office (list address)” Date due Example: “… so that _____ receives it no later than (date) ” Form of payment (lump sum or installments; if installments, specify dates/amounts) Example: “… which _______ will bring the 1st of each month to _______” What if payment is not timely? Example: “If _______ is unable to make a payment, _______will contact _______” Paid in full today? Example: “___ paid _____ a check in the amount of $____ today as payment in full for all the claims _____ had against _____ in this matter.”