Breast Implant Claimants Sample Clauses

Breast Implant Claimants. Settling Breast Implant Claimants may select up to three compensation options. All Settling Breast Implant Claimants are eligible to receive (subject to the qualification criteria): (a) a one-time Explantation Payment, (b) a one-time Rupture Payment, and (c) either (i) a payment for an eligible Covered Condition (under the Disease Payment Option) OR (ii) an Expedited Release Payment. Breast Implant Claimants with Allowed Claims who receive payment under the Disease Payment Option shall be entitled to apply for an additional payment under the applicable Disease Compensation Schedule as defined in the Claims Resolution Procedures. Allowed Claims for Rupture and Disease may also receive a Premium Payment if the District Court determines that sufficient funds are available to make such payment consistent with the terms of this Agreement.
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Breast Implant Claimants. With respect to the Breast Implant Claims (i.e., Claimants with Dow Corning Breast Implants), the Global Settlement and Revised Settlement Program data provide reasonable bases on which to evaluate the potential Claims experience under the Plan. The Plan adopts, for Breast Implant Claims, the qualifying criteria and claims-processing protocols of the Revised Settlement Program and also provides payments that are equal to or greater than the Revised Settlement Program. Because the Plan follows the Revised Settlement Program with respect to Breast Implant Claims, and in certain cases provides previously unavailable options and higher payment levels, the Proponents believe that it is reasonable to expect that the percentage of Breast Implant Claimants electing settlement will be similar to or greater than the percentage electing to settle under the Revised Settlement Program and that the percent of Breast Implant Claimants who will elect and qualify for each Settlement Payment Option will generally be similar to the experience in the Revised Settlement Program. Application of these data to the Claimant population in the Case indicates that the funds provided for Settling Personal Injury Claimants will be sufficient to provide full payment for all Settlement Payment Options under the Plan's compensation schedule. Both the Proof of Claim data and the experience under the Original Global Settlement Agreement and the Revised Settlement Program represent concrete and highly relevant data from which to analyze the likely Claims experience under the Plan. While it is impossible to predict the exact number of individuals Page 95

Related to Breast Implant Claimants

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