Examples of Distribution Check in a sentence
Any Class Member who receives a Distribution Check that he/she/it is not legally entitled to receive is hereby ordered to either (a) pay the appropriate portion(s) of the Distribution Check to the person(s) legally entitled to receive such portion(s) or (b) return the Distribution Check uncashed to the Settlement Administrator.
If a Distribution Check is deemed void in accordance with this Section 7.5(b), the funds represented by the Distribution Check will be considered abandoned and deemed Trust Assets not subject to any escheat laws and the holder of the Equity Interest or Claim giving rise to the Distribution Check shall have no further claim to such funds or to any subsequent or further distributions under the Plan, with such holder’s Claim or Beneficial Interest, as applicable, being deemed canceled, void and satisfied.
If a Settlement Class Member’s distribution amount is less than $5.00, the Settlement Administrator will not issue or mail a Distribution Check to such Settlement Class Member.
Distribution of such small amounts would result in unnecessary Administration Expenses to the Settlement Class, exceeding the value of the Distribution Check.
Additionally, some localities permit women to buy land under customary law (MFSN, 2009).
My withdrawal should be:Gross Distribution (Check amount equals specified amount less required taxes)Net of Taxes (Check amount equals amount specified)The requested withdrawal amount will be prorated from all applicable contribution types and investments in your account unless instructed other wise on a separate sheet of paper that must accompany this withdrawal form.
If the second Distribution Check is returned and the Class Member cannot be located through commercially reasonable efforts, the portion of the Net Settlement Fund attributable to them will remain in the Escrow Account for one calendar year after the date the Second Distribution Check was returned and, thereafter, will be considered Residual Unclaimed Funds that shall be distributed to the appropriate state agencies as unclaimed property.
This Section F shall apply to the members of the Settlement Class, their successors, heirs, and assigns, regardless of whether or not any individual member of the Settlement Class receives notice of the settlement or receives, cashes, or deposits a Distribution Check.
Con-way shall upon the execution of this Agreement deliver a limited power of attorney to Central States substantially in the form of Exhibit 3, authorizing Central States to negotiate, as applicable, any Claim Distribution made in the form of a check (a "Distribution Check") for Central States' own account.
Each Distribution Check shall be accompanied by a transmittal notice as more fully set forth in the Settlement Agreement.