Examples of Check Cashing Period in a sentence
Any funds remaining after the expiration of the Check Cashing Period in the Admin Allocation portion of the Distribution Pool shall be deemed property of the Debtors.
At any point in the Initial Check Cashing Period, the Administrator shall have the authority to stop payment on a lost Settlement Payment check and issue a new one to a requesting Settlement Collective Member or Participating Class Member, and the Parties agree that all costs associated with doing so shall be paid from the Net Settlement Amount.
On the 90th day of the Initial Check Cashing Period, the Administrator shall send by postcard and by email (if the Administrator has a personal email address for the payee) to all Settlement Collective Members and Participating Class Members who have not yet cashed their checks a reminder, in the form attached hereto as Exhibit “E,” of the 180-day deadline for cashing their Settlement Payment check.
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Any funds remaining after the expiration of the Check Cashing Period in the USW Allocation shall be released by the Debtors to counsel for the USW for further distributions to creditors.
At the end of the Initial Check Cashing Period, all uncashed Settlement Payment checks will be void.
If any Participating Class Members do not cash their checks within the 90-day Check Cashing Period, any amounts associated with those Class Members’ uncashed checks will be sent by the Settlement Administrator to the State of Washington with the associated name of the Class Member pursuant to Washington’s Unclaimed Property Act (RCW 63.29, et seq.).
Additional Settlement Checks not cashed within the Additional Check Cashing Period will be void, and any amounts attributable to those Settlement Checks shall revert to Defendants, and shall be returned to Defendants within fifteen (15) calendar days following the end of the Additional Check Cashing Period.
The amounts in the QSF attributable to the void and uncashed Settlement Checks shall revert to Defendants, and shall be returned to Defendants within 90 days following the end of the Check Cashing Period.
A Notice setting forth the Check Cashing Period and the consequences for failure to comply shall accompany distribution check(s) and shall also be published by the Debtors prior to the commencement of distributions in either USA Today (National Edition) or The New York Times (National Edition).