Common use of Settlement Payments to Settlement Class Members Clause in Contracts

Settlement Payments to Settlement Class Members. a. Within twenty-eight (28) days of the Effective Date, or such other date as the Court may set, the Settlement Administrator shall send Settlement Payments from the Settlement Fund by check or electronic deposit, as elected by the Class Member. No claims procedure will be required.

Settlement Payments to Settlement Class Members. a. 2.1.1 Within twenty-eight (28) days of receiving Notice of this Settlement Agreement, each eligible Settlement Class Member who wishes to participate in the Effective Date, or such other date as the Court may set, the financial benefit afforded by this settlement shall submit a Settlement Claim. The Settlement Administrator shall send each Settlement Payments Class Member who submits such a valid Settlement Claim a Settlement Payment by check from the Settlement Fund by check or electronic depositFund, as elected by the Class Member. No claims procedure will be requiredspecified herein.

Settlement Payments to Settlement Class Members. a. Within twenty-eight (28) days of the Effective Date, or such other date as the Court may set, the Settlement Administrator shall send Settlement Payments from the Settlement Fund by check or electronic deposit, as elected by the Class Member, along with an accompanying Form 1099 if necessary. No claims procedure will be required.

Settlement Payments to Settlement Class Members. a. Within twenty-eight (28) days of the Effective Date, or such other date as the Court may set, the Settlement Administrator shall send Settlement Payments from the Settlement Fund by check or electronic deposit, as elected by the Class Member, along with an accompanying Form 1099 identifying any tax withholdings. No claims procedure will be required.