Payment Obligation and Class Release Date definition

Payment Obligation and Class Release Date means (a) if no Class Member files
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Payment Obligation and Class Release Date means after all of the following events
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Payment Obligation and Class Release Date means when the Final Approval of the Settlement can no longer be appealed by an objector in the event of an objection, or in the absence of an objection by an objector, five (5) days after entry of Judgment. If objections are heard by the Court and overruled, and no appeal is taken of the Judgment by an objector, then the Payment Obligation and Class Release Date will be sixty-five (65) days after the entry of Judgment. If any appeal is taken from the Court’s overruling of any objections to the Settlement, then the Payment Obligation and Class Release Date will be ten (10) days after all appeals are withdrawn or after an appellate decision affirming the Final Approval Order and Judgment becomes final. Defendant shall not be required to fund any portion of the Maximum Settlement Amount and the Settlement Administrator shall not distribute or pay any monies, unless and until all such appeals have been finally resolved or dismissed with prejudice. All payments required by this Settlement shall be made within fifteen (15) days of the Payment Obligation and Class Release Date.
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Examples of Payment Obligation and Class Release Date in a sentence

  • A profile is established by various combinations of levels of each attribute.

  • Upon the Payment Obligation and Class Release Date, all Class Members (other than those who submit a timely and valid Exclusion Letter) will fully release the Class Released Claims against the Released Parties, regardless of whether they submit a Claim Form.

  • Upon the Payment Obligation and Class Release Date, the California Class Members (other than those who submit an Exclusion Letter) will fully release the California Class Released Claims and agree not to xxx or otherwise make a claim against any of the Released Parties for the California Class Released Claims.

  • The “Release of Claims Period” shall be February 1, 2012 until June 30, 2016.Each Settlement Class Member, upon the Payment Obligation and Class Release Date, shall be deemed to have and by operation of the Final Approval Order and Judgment shall have, fully, finally, and forever settled and released any and all Class Released Claims based on the First Amended Complaint for the Release of Claims Period, other than, Class Members’ FLSA Claims.

  • You may contact the Financial Ombudsman Service at:The Financial Ombudsman Service South Quay Plaza183 Marsh Wall London E14 9SRTelephone: 0800 023 4567The above complaints procedure is in addition to your statutory rights as a consumer.

  • Upon the Payment Obligation and Class Release Date, the Class Members (other than those who submit a timely and valid Exclusion Letter), will fully release the Class Released Claims.

  • Upon the Payment Obligation and Class Release Date, the California FLSA Class Members who submit (and who previously submitted) a timely and valid California FLSA Opt In Form will fully release the California FLSA Class Released Claims and agree not to xxx or otherwise make a claim against any of the Released Parties for the California FLSA Class Released Claims.

  • In the event an appeal is filed from the Final Approval Order and Judgment, or any other appellate review is sought prior to the Payment Obligation and Class Release Date, administration of the Settlement shall be stayed pending final resolution of the appeal or other appellate review.


More Definitions of Payment Obligation and Class Release Date

Payment Obligation and Class Release Date means (a) the date when the Final Approval Order is signed, if there are no objectors, or (b) in the event there are objectors, thirty-two days after service of notice of entry of the Final Approval Order and Judgment on the Parties and all objectors to the Settlement without any appeals or requests for review being taken, or (c) orders affirming said Final Approval Order and Judgment or denying review after exhaustion of all appellate remedies, if appeals or requests for review have been taken.
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Payment Obligation and Class Release Date means the date which is
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Payment Obligation and Class Release Date means after all of the
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Related to Payment Obligation and Class Release Date

  • Discount Obligation means (a) in the case of any Collateral Debt Obligation which is a High Yield Bond, any such Collateral Debt Obligation acquired by, or on behalf of, the Issuer for a purchase price (excluding accrued interest thereon) of less than 80 per cent. of the principal amount of such Collateral Debt Obligation, provided that such Collateral Debt Obligation shall cease to be a Discount Obligation where the Market Value thereof for a period of 30 consecutive Business Days equals or exceeds 85 per cent. of the principal amount of such Collateral Debt Obligation (as certified by the Collateral Manager to the Issuer, Trustee and Collateral Administrator), and (b) in the case of any Collateral Debt Obligation other than a High Yield Bond, any such Collateral Debt Obligation acquired by, or on behalf of, the Issuer for a purchase price (excluding accrued interest thereon) of less than 85 per cent. of the principal amount of such Collateral Debt Obligation, provided that such Collateral Debt Obligation shall cease to be a Discount Obligation where the Market Value thereof for any period of 30 consecutive Business Days equals or exceeds 90 per cent. of the principal amount of such Collateral Debt Obligation (as certified by the Collateral Manager to the Issuer, Trustee and Collateral Administrator).

  • Investment Obligations means and include, except as otherwise provided in the Supplemental Indenture providing for the authorization of Bonds, any of the following securities, if and to the extent that such securities are legal investments for funds of the Issuer;

  • Collateral Enhancement Obligation means any warrant or equity security, excluding Exchanged Equity Securities, but including without limitation, warrants relating to Mezzanine Obligations and any equity security received upon conversion or exchange of, or exercise of an option under, or otherwise in respect of a Collateral Debt Obligation; or any warrant or equity security purchased as part of a unit with a Collateral Debt Obligation (but in all cases, excluding, for the avoidance of doubt, the Collateral Debt Obligation), in each case, the acquisition of which will not result in the imposition of any present or future, actual or contingent liabilities or obligations on the Issuer other than those which may arise at its option; provided that no Collateral Enhancement Obligation may be a Dutch Ineligible Security.

  • Obligation Acceleration means one or more Obligations in an aggregate amount of not less than the Default Requirement have become due and payable before they would otherwise have been due and payable as a result of, or on the basis of, the occurrence of a default, event of default or other similar condition or event (however described), other than a failure to make any required payment, in respect of a Reference Entity under one or more Obligations.

  • Credit Agreement Obligations means the “Obligations” as defined in the Credit Agreement.

  • Liquidity Obligations “Loan Trustee”, “Non-Extended Facility”, “Note Purchase Agreement”, “Operative Agreements”, “Participation Agreement”, “Performing Equipment Note”, “Person”, “Pool Balance”, “Rating Agencies”, “Regular Distribution Date”, “Replacement Liquidity Facility”, “Responsible Officer”, “Scheduled Payment”, “Special Payment”, “Stated Interest Rate”, “Subordination Agent”, “Taxes”, “Threshold Rating”, “Transfer”, “Trust Agreement”, “Trustee”, “Underwriters”, and “Underwriting Agreement”.

  • Class A-3 Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • L/C Obligations means, as at any date of determination, the aggregate amount available to be drawn under all outstanding Letters of Credit plus the aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn.

  • Relevant Obligations means the Obligations constituting Bonds and Loans of the Reference Entity outstanding immediately prior to the effective date of the Succession Event, excluding any debt obligations outstanding between the Reference Entity and any of its Affiliates, as determined by the Calculation Agent. The Calculation Agent will determine the entity which succeeds to such Relevant Obligations on the basis of the Best Available Information. If the date on which the Best Available Information becomes available or is filed precedes the legally effective date of the relevant Succession Event, any assumptions as to the allocation of obligations between or among entities contained in the Best Available Information will be deemed to have been fulfilled as of the legally effective date of the Succession Event, whether or not this is in fact the case.