Distribution of the Net Settlement Fund. 8.1. At the discretion of Bondholder Plaintiffs’ Counsel, in consultation with the Claims Administrator, the Net Settlement Fund in this Settlement may be held for future distribu- tion with net settlement funds from other settlements either already entered into or to be entered into in the future.
Distribution of the Net Settlement Fund. 1. The Distribution from the respective share of the Net Settlement Fund, as described immediately above in Sections VI(A) and (B), shall be determined as follows: Each Authorized Claimant shall be allocated a pro rata share of the Net Settlement Fund based on his, her or its Recognized Claim compared to the Total Recognized Claims of all Authorized Claimants. The pro rata shares shall be determined by multiplying each Authorized Claimant’s “Recognized Claim” by a fraction, the numerator of which shall be the amount of the Net Settlement Fund and the denominator of which shall be the Total Recognized Claims of all Authorized Claimants. Settlement Class Members who do not submit acceptable Proof of Claim forms will not share in the proceeds of the Net Settlement Funds, but will nevertheless be bound by the Settlement and the Court’s Final Judgment and Order of Dismissal dismissing this Action.
Distribution of the Net Settlement Fund. This is a non-reversionary common fund settlement, whose net proceeds are to be distributed by the Settlement Administrator and UPS to Class Members. The Net Settlement Fund shall be distributed on a per claim point basis according to the formula in Sections 3.2.1-3.2.3 of this Agreement. Claims forms are not required; however, Class Members may be required reasonably to (1) attest to the number of Covered Packages they sent between January 1, 2011 and June 30, 2013, or (2) verify their identity and payment information at the request of the Settlement Administrator if UPS’s records are not sufficient to verify same.
Distribution of the Net Settlement Fund. 8.1. At a time and in a manner determined by the Court, Bondholder Plaintiffs’ Counsel shall submit for Court approval a Distribution Plan for the Bondholder Class that will provide for the distribution of the Net Settlement Fund in accordance with the following:
Distribution of the Net Settlement Fund. 27. For purposes of determining the extent, if any, to which an Eligible Stockholder shall be entitled to be treated as an Authorized Claimant, the following conditions shall apply:
Distribution of the Net Settlement Fund. The Settlement Administrator will use reasonable efforts to distribute Settlement Payments from the Net Settlement Fund to Authorized Claimants within thirty (30) calendar days after the Effective Date, but in no event before twenty-one (21) days after the Effective Date. Such disbursements shall be made by check via first-class mail. For those Settlement Payments for which the Settlement Administrator attempts payment by check but such check is returned as undeliverable, the Settlement Administrator shall make a diligent effort to obtain updated mailing addresses and attempt a second disbursement. The Settlement Administrator shall send with each Settlement Payment disbursement an explanation of how the Authorized Claimant’s Settlement Payment was calculated; an explanation of the fact that, if the Authorized Claimant endorses the Settlement Payment disbursement check, the Authorized Claimant is releasing all claims released under this Agreement; and instructions for how the Authorized Claimant may challenge that calculation (as set forth in Section III(8)(f)). Additionally, each Settlement Payment check shall carry a legend that states: “By endorsing this check, I consent to join the Settlement Class in Xxxxx et al. v. Lyft Inc. and agree to release all of my California wage and hour claims that are covered by the Settlement, in addition to the other claims I have released as a Settlement Class Member.” Regardless of whether a Settlement Class Member submits a Claim or endorses a Settlement Payment check, the Settlement Class Member’s FLSA claims will be released by operation of law.
Distribution of the Net Settlement Fund. 1. The Distribution to each Settlement Class Member from the Net Settlement Fund, as described immediately above in Sections VI(A) and (B), shall be determined as follows:
Distribution of the Net Settlement Fund. The Net Settlement Fund shall be
Distribution of the Net Settlement Fund. A. Each Participating Class Member shall be entitled to a payment from the settlement in the amount of his/her Pro Rata Share.
Distribution of the Net Settlement Fund. (a) The Net Settlement Fund shall be distributed to the Final Class Members pursuant to a plan of allocation proposed by Class Counsel and approved by the Court, or such other plan of allocation as approved by the Court. AXA Equitable shall not oppose any such proposed plan of allocation.
