Opt-Out definition
Examples of Opt-Out in a sentence
As an example, for the avoidance of doubt, if the Total Opt-Out Percentage for the Bearings Settlement Class were twenty-five percent (25%), NSK would be paid fifteen percent (15%) of the Settlement Fund allocated to the Bearings Settlement Class.
The Total Opt-Out Percentage is a fraction, the numerator of which is the Total Number of Damages Class Members for each Settlement Class that have validly and timely requested to be excluded from the Settlement Class, and the denominator of which is the Total Number of Damages Class Members for each Settlement Class.
The alternative health coverage must meet all requirements of the Affordable Care Act (ACA) and related regulations for an eligible Opt-Out Arrangement.
Illinois Power Marketing Company, LLC d/b/a Homefield Energy (Homefield Energy) agrees to sell, and you, as a participant in the Village of Lerna Opt-Out Aggregation Program, agree to buy, all your residential power and energy service (Retail Power) at the price and on the terms and conditions specified in this Agreement.
Should the Total Opt-Out Percentage for either Settlement Class be more than ten percent (10%), NSK shall be paid out of the Settlement Fund for that Settlement Class an amount equal to the Settlement Fund multiplied by the difference between ten percent (10%) and the Total Opt-Out Percentage within ten (10) business days of the parties’ agreement or the Court’s determination of the Total Opt-Out Percentage calculation for each Settlement Class.