Stale Date definition

Stale Date means the date one hundred eighty (180) days after the mailing date of any Distribution Check issued with respect to any distribution to the holder of an Allowed Equity Interest or Allowed Claim pursuant to the Plan.
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Stale Date means the 70th day after the date a refund check is sent to a Deficiency Balance Refund Subclass Member.
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Examples of Stale Date in a sentence

  • Within 15 business days of the First Distribution Stale Date, EWS shall transfer to the Settlement Administrator, by draft or by wire, an amount sufficient to ensure that the remaining balance in the Settlement Fund allows a pro rata distribution to Actual Damages Class Members of not less than $3,500 for each Actual Damages Class Member; provided, however, that after this funding, the remaining balance in the Settlement Fund shall be not less than $35,000 and not more than $80,500.

  • There are several tips to quickly correct an irregular check: • Stale Date - place an asterisk (*) next to the incorrect item and type “see over”.

  • Administration of the Settlement shall be completed on or 19 before the date approximately ninety (90) days after the Check Stale Date.

  • Settlement Payment checks issued to Settlement Class Members from the Distribution Fund shall remain valid and negotiable for one hundred eighty (180) days from the date of their issuance and will thereafter automatically be canceled if not cashed by the Check Stale Date.

  • In the event any Class Member whose check remained uncashed after the Stale Date makes a claim for said funds with their respective state’s unclaimed property fund and receives payment therefrom, the Class Member will be deemed to have released Pepperidge Farm from claims under the Fair Labor Standards Act, and, if the Class Member is a current distributor at the time, to have accepted the amendments to their Consignment Agreement.

  • Settlement checks sent to Qualified Class Members that remain uncashed after the Stale Date shall be cancelled.

  • If there is a second distribution of settlement payments, referenced above, the distribution of Unclaimed Settlement Payments to NovelPay shall occur no later than 10 days after the Final Stale Date.

  • The Settlement Administrator shall maintain the Settlement Website, with appropriate updates, until the earlier of: (1) the termination or cancellation of this Agreement; or (2) the Final Stale Date.

  • Any checks paid to Class Members shall remain valid and negotiable for one 2 hundred twenty (120) calendar days from the date of their issuance ("Check Stale Date").

  • Should the Administration Costs ultimately not exceed $25,000, then the Settlement Administrator shall refund NovelPay any balance remaining on the $25,000 within fourteen (14) days of the Final Stale Date.