Settlement Payments to Settlement Class Members a. Within twenty-eight (28) days of the Effective Date, or such other date as the Court may set, the Settlement Administrator shall send Settlement Payments from the Settlement Fund by check or electronic deposit, as elected by the Class Member. No claims procedure will be required.
Settlement Payments to Settlement Class Members a. Settlement Class Members shall have until the Claims Deadline to submit Claim Forms. Each Settlement Class Member who submits an Approved Claim shall be entitled to a Settlement Payment.
Settlement Payments to Settlement Class Members a. The Settlement Administrator shall send each Settlement Class Member a Settlement Payment by check from the Settlement Fund within twenty-eight (28) days of the Effective Date via First Class U.S. Mail to their last known mailing address, as updated through the National Change of Address database if necessary by the Settlement Administrator. No claims procedure will be required.
Settlement Payments to Settlement Class Members. After the Effective Date, Settlement Payments shall be made from the Net Settlement Fund to Settlement Class Members who submit Valid Claims in accordance with the Plan of Allocation.
Settlement Payments to Settlement Class Members. Except as provided in Scenario 1 (defined below), the entire Net Settlement Fund will be distributed as Settlement Payments to Settlement Class Members who submit Valid Claims.
Settlement Payments to Settlement Class Members. The entire Net Settlement Fund will initially be distributed to Settlement Class Members who submit Valid Claims and have not submitted a valid and timely request for exclusion (in accordance with § 5.2 below), as follows.
Settlement Payments to Settlement Class Members. Each Settlement Class Member who made payments to Counter-Defendants that were allocated to amounts other than principal (“interest payments”) shall receive the amount of that payment. All other Settlement Class Members shall receive an equal share of the amount remaining in the Settlement Fund after interest payments, any service award, and administration costs are deducted. The parties shall cooperate to ensure that the Class Counsel has the data needed to calculate the Settlement Payment amounts. Class Counsel shall mail Settlement Payment checks by first class mail within 30 days after the Effective Date. Settlement Class Members will not be required to submit claims in order to receive a Settlement Payment. Checks will be valid for 120 days from the date on the check.
Settlement Payments to Settlement Class Members a. UKG will agree to make the following compensation available to Settlement Class Members who submit an Approved Claim. Each Settlement Class Member shall be entitled to submit no more than one Claim for compensation as described in Paragraphs 53-56. Claims based on attestation may be made using a check-box on an online form or mailed form if requested. Settlement Payments exceeding $600.00 may be treated as reportable/taxable income requiring the processing of W-9 forms by the Settlement Administrator.
Settlement Payments to Settlement Class Members a. Within twenty (20) calendar days of the entry of the Preliminary Approval Order, Defendants, their insurer(s), or any other party on behalf of Defendants, shall transmit the Settlement Fund to the Escrow Account established by the Settlement Administrator. The Settlement Fund shall satisfy all monetary obligations of Defendants (or any other Released Party) under this Settlement Agreement, including the Settlement Payments, Settlement Administration Expenses, the Individual Settlement Amount for Non-FMWA Claims, the Fee Award, and other payments or other monetary obligations contemplated by this Agreement or the Settlement. Under no circumstances shall Defendants be required to pay anything more than the Settlement Fund.
Settlement Payments to Settlement Class Members. Within 30 days after the Effective Date, Settlement Payments shall be made pro rata from the Net Settlement Fund to Settlement Class Members who submit valid, Approved Claim Forms (see § 7).
