Monetary Settlement Benefits Sample Clauses
The Monetary Settlement Benefits clause defines the financial compensation or benefits that parties will receive as part of resolving a dispute or claim. Typically, this clause outlines the specific amounts to be paid, the payment schedule, and any conditions that must be met for the settlement to be effective. For example, it may specify lump-sum payments or structured installments to affected parties. Its core practical function is to ensure clarity and certainty regarding the financial terms of a settlement, thereby preventing future disagreements over payment obligations.
Monetary Settlement Benefits. In addition to Credit Monitoring (and not in lieu of) Settlement Class Members may make a Settlement Claim for reimbursement of documented ordinary losses, including lost time, and/or reimbursement for extraordinary losses, as further described below. As an alternative to filing a Settlement Claim for reimbursement of ordinary losses or extraordinary losses, Settlement Class Members may submit a claim to receive an Alternative Cash Payment, as explained in ¶ 2.3.2(d).
Monetary Settlement Benefits. Settlement Class Members may make a Settlement Claim for reimbursement of documented ordinary losses, lost time, and/or reimbursement for extraordinary losses, as further described below.