Benefit Distribution Sample Clauses

Benefit Distribution. A “Benefit Distribution” for the purposes of this Section “
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Benefit Distribution. (a) Within 10 days of Final Approval, the Settlement Administrator shall provide to Target: (1) a list of the Settlement Class Members who are entitled to receive Settlement Class Member Cash Payments, along with the unique identifier associated with and the amount of the Settlement Class Member Cash Payment due each such Settlement Class Member; and (2) a list of the Settlement Class Members who are entitled to receive Debt Reduction Payments, along with the unique identifier associated with and the amount of debt to be forgiven for each such Settlement Class Member. The information provided by the Settlement Administrator shall be considered conclusive as to which individuals are entitled to receive Settlement Class Member Cash Payments or Debt Reduction Payments and as to the amounts.
Benefit Distribution. (a) Within ten (10) days of Final Approval, the Settlement Administrator shall provide to Capital One a list of the Settlement Class Members who are entitled to receive Settlement Class Member Payments, along with the unique identifier associated with and the amount of the Settlement Class Member Payment due each such Settlement Class Member. The information provided by the Settlement Administrator shall be considered conclusive as to which individuals are entitled to receive Settlement Class Member Payments and as to the amounts.
Benefit Distribution. (a) Within ten (10) days of Final Approval, the Administrator shall provide to BANA: (1) for accounts entitled to receive Class Member Awards, a list of the Class Members who are entitled to receive Class Member Awards, along with the bank account numbers for each account entitled to receive a Class Member Award and the amount of each Class Member Award due to each eligible bank account, and (2) for accounts entitled to receive a Debt Reduction Payment, a list of such accounts, along with the bank account numbers for each account entitled to receive a Debt Reduction Payment, and the amount of the Debt Reduction Payment due to each eligible bank account. The information provided by the Administrator shall be considered conclusive as to which individuals are entitled to receive a Class Member Award or Debt Reduction Payment and as to the amount of the Class Member Award and/or Debt Reduction Payment to which each Class Member is entitled.
Benefit Distribution. (a) Within ten (10) days of Final Approval, the Administrator shall provide to BANA: (1) for accounts entitled to receive Class Member Awards, a list of the Class Members who are entitled to receive Class Member Awards, along with the bank account numbers for each account entitled to receive a Class Member Award and the amount of each Class Member Award due to each eligible bank account, and (2) for accounts entitled to receive a Debt Reduction Payment, a list of such accounts, along with the bank account numbers for each account entitled to receive a Debt Reduction Payment, and the amount of the Debt Reduction Payment due to each eligible bank account. The information provided by the Administrator shall be considered conclusive as to which individuals are entitled to receive a Class Member Award or Debt Reduction Payment and as to the amount of the Class Member Award and/or Debt Reduction Payment to which each Class Member is entitled. Case 3:16-cv-00492-L-WVG Document 69-2 Filed 10/31/17 PageID.585 Page 12 of 73 (b) Distribution of Class Member Awards. In the event that the accounts from which Class Members paid the EOBCs and that make the Class Members eligible for Class Member Awards remain open, the Class Member Awards will be credited via direct deposit by BANA to Class Members’ BANA accounts (“Direct Deposit Payments”). The Direct Deposit Payments will be accompanied by a description on bank statements to be determined by BANA after consulting with Class Counsel. BANA shall make Direct Deposit Payments to Class Members within thirty (30) calendar days of the Effective Date. Within forty-five (45) calendar days of the Effective Date, BANA shall provide to the Administrator a list of Class Members, and corresponding account numbers, to whom BANA distributed Direct Deposit Payments and the amount of each Direct Deposit Payment.
Benefit Distribution. Employee, or Employee's designated beneficiary shall commence a distribution of benefits under the terms of the Plan upon the Employee's Retirement Date or earlier Termination of Employment. Employee agrees that payments of the Employee's Deferred Compensation Account balance shall be made as follows:
Benefit Distribution. 1. Both parties will settle out the financial accounts of income and expenditure of the Oral Department before the 5th – 10th day the following month. Party A will pay the benefit due to Party B against effective bills of Party B, and shall not delay for whatever reasons; otherwise, Party B may collect a late fee of 5 percent of the benefit due each day. The profit after deduction of all costs and expenditures of the Oral Department will be shared by Party A and Party B in the proportion of 40:60, i.e., Party A accounts for 40 percent of the profit, and Party B, 60 percent. Party B will ensure that the profit of Party A in the first year: not less than six thousand yuan each month for the first 6 months, and not less than eight thousand yuan each month for the last 6 months; in the second year, not less than ten thousand yuan each month; in the third year, not less than eleven thousand yuan each month; in the forth and fifth year, not less than twelve thousand yuan each month; in the sixth, seventh and eighth year, not less than thirteen thousand yuan each month. The insufficient amount each month each year will be paid by Party B.
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Benefit Distribution. A "Benefit Distribution" for the purposes of this Section 5.
Benefit Distribution. The term "Benefit Distribution" means payments with respect to a Participant under the terms of the Employer Plan as distributions therefrom in any of the following circumstances:
Benefit Distribution. A Loan will automatically become due and payable in full upon the effective date of a distribution which will reduce the value of the Participant’s Total Account to less than 133% of the aggregate balance of all outstanding Loans to the Participant.
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