Extraordinary Loss definition
Examples of Extraordinary Loss in a sentence
In the event that the aggregate amount of all Settlement Payments exceeds the total amount of the Net Settlement Fund after payment of Court-approved attorneys’ fees and Litigation Costs and Expenses, then all valid Ordinary and Extraordinary Loss Claims and each valid Lost Time Claim shall be paid in full, all Credit Monitoring shall be awarded, and then Alternative Cash Payment Claim shall be proportionately determined on a pro rata basis.
To receive reimbursement for any Documented Extraordinary Loss, Settlement Class Members must submit supporting documentation of the loss and a description of how the loss is fairly traceable to the Data Breach, if not readily apparent from the documentation.
In the event that the aggregate amount of all Settlement Payments does not exceed the Net Settlement Fund, then each Settlement Class Member who is entitled to receive payment for Ordinary and Extraordinary Loss Claim, a Lost Time Claim and/or an Alternative Cash Payment Claim shall receive additional funds increased on a pro rata basis (in other words, the same additional amount is added to each claimant’s payment) so that the Net Settlement Fund is depleted.
To receive reimbursement for any Documented Extraordinary Loss, Settlement Class Members must submit supporting documentation of the loss and a description of how the loss is fairly traceable to the Incident, if not readily apparent from the documentation.
Settlement Class Members can enroll in 2 years of credit monitoring services; or (5) In the alternative to claiming Extraordinary Loss, Out-of-Pocket Loss, Lost Time, or Credit Monitoring, Settlement Class Members can make a claim for a $50 Alternative Cash Payment.