Common use of Payments to Settlement Class Members Clause in Contracts

Payments to Settlement Class Members. (a) As soon as practicable, but no later than thirty days after the Effective Date, the Settlement Administrator shall pay to each Settlement Class Member who filed a valid claim, a pro rata share of the Settlement Fund, after deducting the amount of the Fee Award, any Incentive Awards to the Class Representatives, Settlement Administration Expenses, and such other expenditures as may be authorized by the Court. Such payments shall be mailed to Settlement Class Members via first class mail.

Appears in 1 contract

Samples: Class Action Settlement Agreement

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Payments to Settlement Class Members. (a) a. As soon as practicable, but no later than thirty sixty days after the Effective Date, the Settlement Administrator shall pay to each Settlement Class Member who filed submits a valid claim, Claim Form a pro rata share of the Settlement Fund, after deducting the amount of the Fee Award, any Incentive Awards Payment to the Class RepresentativesRepresentative, Settlement Administration Expenses, and such other expenditures as may be authorized by the Court. Such payments shall be mailed to Settlement Class Members via first class mail.

Appears in 1 contract

Samples: Settlement Agreement

Payments to Settlement Class Members. Within thirty (a30) As soon as practicable, but no later than thirty days after the Effective Date, the Settlement Administrator shall pay will send settlement payments to each Settlement Class Member Members who filed a valid claim, a pro rata share of the Settlement Fund, after deducting the amount of the Fee Award, any Incentive Awards to the Class Representatives, Settlement Administration Expenses, and such other expenditures as may be authorized by the Courtsubmit Approved Claims. Such payments shall be mailed to Settlement Class Members sent in the form of a check via first class mail, with the following phrase appearing prominently thereon: “Settlement Payment Pursuant to Class Action Settlement Approved by the Court.

Appears in 1 contract

Samples: Class Action Settlement Agreement

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Payments to Settlement Class Members. Within thirty (a30) As soon as practicable, but no later than thirty days after the Effective Date, the Settlement Administrator shall pay will send settlement payments to each Settlement Class Member Members who filed a valid claim, a pro rata share of the submit Approved Claims (“Settlement Fund, after deducting the amount of the Fee Award, any Incentive Awards to the Class Representatives, Settlement Administration Expenses, and such other expenditures as may be authorized by the Court. Payments”).. Such payments shall be mailed to Settlement Class Members sent in the form of a check via first class mail, with the following phrase appearing prominently thereon: “Settlement Payment Pursuant to Class Action Settlement Approved by the Court.

Appears in 1 contract

Samples: Class Action Settlement Agreement

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