distribute Benefit Payments for payment of Valid Claims Sample Clauses

distribute Benefit Payments for payment of Valid Claims. Defendant is obligated to pay Valid Claims only. To the extent that a Benefit Payment is made by check, as opposed to other forms of payment that may be available to Settlement Class Members, such checks shall bear in the legend that they expire if not negotiated within 150 days of their date of issue. Benefit Payment checks issued to a Settlement Class Member not cashed within 150 days after the date of issue shall be void. Any undistributed or unclaimed monies from the Settlement Sum and any monies remaining as a result of uncashed checks shall remain with (and, for uncashed checks, promptly revert to) Defendant; and
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Related to distribute Benefit Payments for payment of Valid Claims

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