Second Eligible Payment Sample Clauses
Second Eligible Payment. Prior to the Cy Pres payment, Settlement Class Members who received an eligible payment pursuant to the Agreement will receive a second pro rata payment to the extent such a payment is economically feasible (e.g., more than $5.00) (the “Second Eligible Payment”).
Second Eligible Payment. Prior to any distribution to the Cy Pres Recipient, Authorized Claimants who successfully received their Individual Allocated Payment Amounts (i.e., who either cashed a settlement check or whose electronic transmission was successful) will receive a second pro rata payment to the extent such a payment is economically feasible (e.g., more than $5.00). The amount of the Second Eligible Payments will be calculated by dividing the amount remaining in the Settlement Fund after distribution of Individual Allocated Payment Amounts by the number of Authorized Claimants who successfully received an Individual Allocated Payment Amount. Second Eligible Payments will be transmitted via the same method that was used to distribute the Individual Allocated Payment Amounts.
Second Eligible Payment. Prior to the Cy Pres payment, if the amount of settlement checks that are uncashed more than 180 days after distribution can be distributed economically, Settlement Class Members that cashed their check from the first distribution payment pursuant to the Agreement will receive a second pro rata payment of the Net Settlement Fund to the extent such a payment is economically feasible (e.g., more than $5.00) (the “Second Eligible Payment”).