Sentences with phrase «act as settlement»

As a result, it can not be said that «Layer 2» will act as a settlement layer to anything beyond the cryptocurrency itself, especially since the network it attaches to can at most by design only guarantee probabilistic finality.

In some areas attorneys act as settlement / closing agents or as escrow agents to handle the settlement.

The ICO solves the problem of initial coin distribution and acts as a settlement between both sides through smart contracts.

connection with its entry into arrangements with the Russian Central Bank and its newly created subsidiary JSC National Payment Cards System (NSPK) to migrate the processing of transactions made on Visa cards in Russia to NSPK, with the Central Bank acting as the settlement agent.

The ICO solves the problem of initial coin distribution and acts as a settlement between both sides through smart contracts.

Not exact matches

Most states have a version of a model law known as the Unfair Claims Settlement Practices Act, which sets standards for handling claims and prohibits policies that, for example, require you to sue to collect.

As part of Verizon's settlement it is also paying about $ 355,000 to the U.S. Treasury and withdrawing a challenge to the FCC - New York City agreement while the Justice Department will end a False Claims Act investigation.

As discussed in note (c), results of operations for the first quarter of 2018 were impacted by an $ 897 million pre-tax charge related to settlement of a previously disclosed lawsuit with the State of Minnesota and a $ 217 million measurement period adjustment relative to the accounting for the 2017 enactment of the Tax Cuts and Jobs Act.

in the case of our directors, officers, and security holders, (i) the receipt by the locked - up party from us of shares of Class A common stock or Class B common stock upon (A) the exercise or settlement of stock options or RSUs granted under a stock incentive plan or other equity award plan described in this prospectus or (B) the exercise of warrants outstanding and which are described in this prospectus, or (ii) the transfer of shares of Class A common stock, Class B common stock, or any securities convertible into Class A common stock or Class B common stock upon a vesting or settlement event of our securities or upon the exercise of options or warrants to purchase our securities on a «cashless» or «net exercise» basis to the extent permitted by the instruments representing such options or warrants (and any transfer to us necessary to generate such amount of cash needed for the payment of taxes, including estimated taxes, due as a result of such vesting or exercise whether by means of a «net settlement» or otherwise) so long as such «cashless exercise» or «net exercise» is effected solely by the surrender of outstanding stock options or warrants (or the Class A common stock or Class B common stock issuable upon the exercise thereof) to us and our cancellation of all or a portion thereof to pay the exercise price or withholding tax and remittance obligations, provided that in the case of (i), the shares received upon such exercise or settlement are subject to the restrictions set forth above, and provided further that in the case of (ii), any filings under Section 16 (a) of the Exchange Act, or any other public filing or disclosure of such transfer by or on behalf of the locked - up party, shall clearly indicate in the footnotes thereto that such transfer of shares or securities was solely to us pursuant to the circumstances described in this bullet point;

the disposition of shares of common stock to us, or the withholding of shares of common stock by us, in a transaction exempt from Section 16 (b) of the Exchange Act solely in connection with the payment of taxes due with respect to the vesting or settlement of RSUs granted under our equity incentive plans or pursuant to a contractual employment arrangement described elsewhere in this prospectus, insofar as such RSU is outstanding as of the date of this prospectus; provided, that, if required, any public report or filing under Section 16 of the Exchange Act will clearly indicate in the footnotes thereto that such disposition to us or withholding by us of shares or securities was solely to us pursuant to the circumstances described in this clause;

Following the cabinet approval of the revised Settlement Act on March 4, 2016, the Japanese government expects a further increase in the use of digital currency and already has plans to regulate bitcoin as a currency.

Bitcoin acts as both a more efficient clearing and settlement mechanism.

California passed a law last year that prohibited the use of confidentiality clauses in civil settlements if the «factual foundation» for the allegations involve acts that could be prosecuted as felony sexual offenses.

The «Art of Supremacy» and the «Act of Uniformity» together form what is known as the «Elizabethan Settlement».

However, due to the confidentiality of the Settlement Agreements, Chuck Evans» MONTEZUMA ® Brand, is not at liberty to disclose the names of the many companies and individuals that value and uphold their ethical, civic, corporate, and legal obligations to voluntarily comply with federal law, i.e., Title 15 of the United States Code, commonly known as the Lanham Act.

In a statement this week the authority said that as a result of the settlement the two companies» dairies «both gave undertakings in the High Court last Friday - 25 July - that they would comply with the terms of the Competition Act 2002 and not enter into any agreement, or engage in any concerted practice, to fix the retail price of liquid milk».

The meeting was referenced in the settlement between Global and the AG in which the firm agreed to pay $ 2 million for acting as an unlicensed placement agent.

Parties, such as the Lib Dems or the SNP, that wish to abolish Catholic schools need not imagine that noisily seeking to repeal the Act of Settlement somehow makes their position any better.

In a settlement deal, he admitted to acting as an unlicensed placement agent, agreed to the AG's Public Pension Fund Reform Code of Conduct and returned $ 52,000 he received in fees plus a $ 26,000 fine.

Schneiderman, who once represented financial firms in private practice, has used the Martin Act to pursue his «Insider Trading 2.0» initiative, obtaining multimillion - dollar settlements from financial institutions such as Deutsche Bank, BlackRock, and Barclays, as well as settlements with banks such as Morgan Stanley and Goldman Sachs over deceptive practices leading up to the financial crisis.

Despite his comments about representing «little people,» Silver was hired as of counsel at the firm Weitz & Luxenberg to bring «prestige» — as one of the name partners put it in testimony during the trial — and he acted primarily as a so - called rainmaker, bringing in lucrative referrals for mesothelioma cases, which paid him a portion of the proceeds from any judgment or settlement.

Counsel for the EFCC, Mr. Nnaemeka Omenwa, told the court that as the settlement terms proposed by the defendants did not comply with the provisions of the Administration of Criminal Justice Act on plea bargain, the anti-graft agency was opting for a full trial.

For Sangji's sister, Naveen Sangji, who for 3 - and - a-half years has acted as both her family's spokesperson and as an unrelenting advocate for the prosecution of UCLA and Harran, the settlement offers some satisfaction.

The act also designated 8 million acres of ANWR as wilderness and thus off - limits to human settlement, and directed that the 1002 area — the 1.5 million acres of coastal land between the Brooks Range and the Beaufort Sea — could be surveyed for possible oil and gas resources.

As the result of our settlement, in 2013, the Service proposed Endangered Species Act protection for the Mono Basin sage grouse, along with a proposed designation of 1,868,017 acres of critical habitat (at a point at which the population had declined by up to 70 percent).

Steenburgen, perhaps at her insistence, is infused with a little character — a short bio and a few decent lines — never less than likeable, but her real function, as she's canny enough to realise in - movie, is to act as a bevaginated settlement for an long standing debt.

That is, until the company loses all signal from the far - off settlement, and offer Ripley full reinstatement if she will act as advisor to a squad of Marines sent to investigate the affair.

«Seven decades after the 1944 Education Act, we believe that the time is overdue for reform as the old settlement no longer works as well as it needs to for the benefit of schools, religion and society.»

APPS sent several emails to the Commissioners, reminding them that they agreed to post resolutions at least two weeks before every Action Meeting as part of the court - ordered settlement to our 2016 Sunshine Act violation suit.

-- For purposes of paragraph (2)(C), in determining whether a first or subsequent violation has occurred, a determination in a single action, by judgment or settlement, that the covered entity has engaged in more than one discriminatory act shall be counted as a single violation.

The outcome, which included settlements from most of the publishers seeking to avoid lengthy and costly court battles as well as a guilty verdict for Apple that is currently in appeals, has yet to be finalized, but Judge Denise Cote is expected to seek the maximum amount of damages against Apple for its violation of Section One of the Sherman Act.

I'm tired of authors acting as sock puppets for their publishers, especially with regard to the DoJ law suit and the proposed settlement.

Cote has granted Barnes & Noble, the American Booksellers Association, the Authors Guild and attorney and music industry executive Bob Kohn, all of whom oppose the settlement, permission to act as «friends of the court» and weigh in on the settlement in amici curiae briefs.

Urban parks act as simple but socially vital safety valves for ordinary men and women to release some of the pressures of daily life in the city - especially for those who find themselves living in treeless informal settlements or featureless tower blocks.

The debt settlement firm, amongst other things, will act as a middleman between you and your creditors, help you accumulate the money for your settlements and negotiate and pay the settlements when the time comes.

Debt collectors are subject to PIPEDA (unless regulated by a similar legislation based on province, including Quebec, Alberta and British Columbia) as well as provincial laws such as Ontario's Collection and Debt Settlement Services Act.

Under the Real Estate Settlement Procedures Act (RESPA), lenders are required by law to provide this estimate, also known as a good faith estimate, within three days of the lender taking a borrower's loan application.

Since liability coverage extends to your children as well as yourself, and the acts of children under thirteen are presumed to be negligent (and therefore covered) even if they were intentional, you don't have to pay for the defense costs or for the settlement — your policy would take care of both in a situation like that.

You may not need a license if you act as an affiliate of a back - end provider, but you probably will if you decide to become an independent debt settlement practitioner.

There are thousands of companies who focus on acting as an intermediary between consumers and creditors and assisting them with negotiating favorable debt settlement arrangements.

In the US, settlement takes 3 working days to process, and technically ownership does not transfer until the 3rd day after the trade is made, though things like margin accounts will allow you to effectively act as if you own the shares immediately after a buy / sell order is filled.

If an advertised lender / broker solicits you for a loan application, that lender / broker must make certain disclosures to you as required by the Federal Truth In Lending Act (TILA), the Real Estate Settlement Procedures Act (RESPA) and other federal and state laws.

While debt settlement providers have never come together as a unified voice to slam the debt management side, the nonprofit DMP providers have frequently come together (and acted individually), to vilify the concept of debt settlement itself, and later, to call out what they see as bad business practices found throughout the debt settlement side of the industry.

Each complaint asks the court to enter a permanent injunction barring the defendants from engaging in debt settlement in Illinois and order the defendants to pay restitution for aggrieved consumers, civil penalties of $ 50,000 for violating the Consumer Fraud Act, an additional $ 50,000 penalty for each violation committed with the intent to defraud, as well as a $ 10,000 penalty per violation committed against a person 65 years or older.

In most of these cases the impending court action acts as a catalyst the speed a debt settlement; in some cases the pressure even produces higher debt settlement figures for the creditor.

Lenders and brokers are required by Federal law, known as the Real Estate Settlement Procedures Act (RESPA) to give you a booklet called «Shopping for your home loan - HUD's Settlement Costs Booklet» when applying for a mortgage loan.

The inside of the mailer talks about being eligible for debt settlement as a result of the Governmental Economic Stimulus Act of 2008.

So, as of January 1st 2015, so this is already in the past, the Collection Agency's Act was re-named the Collection and Debt Settlement Services Act.

Attorney General Lisa Madigan and Acting Secretary of the Illinois Department of Financial and Professional Regulation (IDFPR) Michael T. McRaith warned consumers facing significant credit card debt about the risks of debt settlement offers as she announced two lawsuits filed against debt settlement firms.

The authors of the study point to other regulatory and legislative acts, including the «order precedence rule,» commonly known as the «Manning Rule» after a legal case against Charles Schwab, the Gramm - Leach - Bliley Act, which saw the end of the Glass - Steagall Act of 1933 and formally allowed the combination of commercial banks, securities firms and insurance companies, Regulation Fair Disclosure, which devalued stock research, and the Global Settlement ruling, which has made research coverage tougher for issuers to secure.