Common use of Class Mail Clause in Contracts

Class Mail. On the 90th day of the Initial Check Cashing Period, the Administrator shall send by postcard and by email (if the Administrator has a personal email address for the payee) to all Settlement Collective Members and Participating Class Members who have not yet cashed their checks a reminder, in the form attached hereto as Exhibit “E,” of the 180-day deadline for cashing their Settlement Payment check. At any point in the Initial Check Cashing Period, the Administrator shall have the authority to stop payment on a lost Settlement Payment check and issue a new one to a requesting Settlement Collective Member or Participating Class Member, and the Parties agree that all costs associated with doing so shall be paid from the Net Settlement Amount. At the end of the Initial Check Cashing Period, all uncashed Settlement Payment checks will be void.