Opt-Out Statement definition
Examples of Opt-Out Statement in a sentence
To be effective, this Opt-Out Statement must be postmarked by no later than [DATE].
For Opt-Ins, the final version of the (1) Opt-In Notice, and (2) an Opt-Out Statement to Opt-Ins.
The proposed plan for distributing both the Subclass Member Notice (along with the Opt-Out Statement to Subclass Members who are not Opt-Ins or Plaintiffs, and the Claim Form and Individual Release, which will accompany the Subclass Member Notice), as well as the Opt-In Notice (along with the Opt-Out Statement to Opt-Ins) likewise appears to be a reasonable method calculated to reach all members of the Subclasses who would be bound by the settlement.
Within 3 business days of its receipt thereof, the Claims Administrator shall send to Class Counsel and Defendants’ Counsel copies of each such Opt-Out Statement.
If a Settlement Class Member submits both an Opt-Out Statement and a Notice of Objection, then the Opt-Out Statement will control and will invalidate the Notice of Objection.