Common use of Interpretation of Criteria/Consent of Parties Clause in Contracts

Interpretation of Criteria/Consent of Parties. The Claims Administrator shall obtain the consent of the Debtor’s Representatives and Claimants’ Advisory Committee regarding the interpretation of substantive eligibility criteria and the designation of categories of deficiencies in Claim submissions (to the extent such interpretations and designations have not previously been addressed as of February 2003 by the Initial MDL 926 Claims Administrator in connection with the Revised Settlement Program). The Claims Administrator shall consult with and obtain the advice and consent of the Claimants’ Advisory Committee and the Debtor’s Representatives regarding any additions or modifications to guidelines for the submission of Claims. The Debtor’s Representatives and Claimants’ Advisory Committee are authorized to provide joint written interpretations and clarifications to the Claims Administrator and the Claims Administrator is authorized to rely on those joint written statements. In the event of a dispute between the Debtor’s Representatives and the Claimants’ Advisory Committee, the Claims Administrator may determine the issue or apply to the District Court for consideration of the matter. There shall be no modification of any substantive eligibility criteria specified herein or in Annex A through the appeals process or otherwise, except as expressly provided in this Section 5.05 and in Section 10.06 herein.

Appears in 3 contracts

Samples: And Fund Distribution Agreement, And Fund Distribution Agreement, And Fund Distribution Agreement

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Interpretation of Criteria/Consent of Parties. The Claims Administrator shall obtain the consent of the Debtor’s Representatives and Claimants’ Advisory Committee regarding the interpretation of substantive eligibility criteria and the designation of categories of deficiencies in Claim submissions (to the extent such interpretations and designations have not previously been addressed as of February 2003 by the Initial MDL 926 Claims Administrator in connection with the Revised Settlement Program). The Claims Administrator shall consult with and obtain the advice and consent of the Claimants’ Advisory Committee and the Debtor’s Representatives regarding any additions or modifications to guidelines for the submission of Claims. The Debtor’s Representatives and Claimants’ Advisory Committee are authorized to provide joint written interpretations and clarifications to the Claims Administrator and the Claims Administrator is authorized to rely on those joint written statements. In the event of a dispute between the Debtor’s Representatives and the Claimants’ Advisory Committee, the Claims Administrator may determine the issue or apply to the District MDL 926 Court for consideration of the matter. There shall be no modification of any substantive eligibility criteria specified herein or in Annex A through the appeals process or otherwise, except as expressly provided in this Section 5.05 and in Section 10.06 herein.

Appears in 1 contract

Samples: Fund Distribution Agreement

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