Cy Pres or “Cy Pres Recipients” means the non-profit organizations that, subject 15 to Court approval, may receive monies pursuant to this Agreement.
Cy Pres means Privacy Rights Clearinghouse, a 501(c)(3) nonprofit organization.
Cy Pres or “Cy Pres Designee” shall mean the National Volunteer Fire Council, which entity meets the requirements of California Code of Civil Procedure section 384’s requirement, and which shall receive those funds remaining of the Net Settlement Fund after payment of the Settlement Benefit to all Class Members submitting Claim Forms.
Examples of Cy Pres in a sentence
Redish et al., Cy Pres Relief and the Pathologies of the Modern Class Action: A Normative and Empirical Analysis, 62 Fla.
See Plaintiffs’ Unopposed Motion to Modify the Settlement Agreement Cy Pres Provisions, Keepseagle v.
Redish, Peter Julian, & Samantha Zyontz, Cy Pres Relief and the Pathologies of the Modern Class Action: A Normative and Empirical Analysis, 62 Fla.
FT-IR spectra were recorded on a 6700 FT-IR Nicolet spectrophotometer, using diamond ATR technique.
The Cy Pres Fund was to be distributed in equal shares to cy-près beneficiaries designated by class counsel.
More Definitions of Cy Pres
Cy Pres is a legal doctrine that means “as near as possible.” Under ICAPA, if the Attorney General cannot return recovered charitable assets to the charitable organization that previously held them, the Attorney General may ask the district court to approve transferring the charitable assets to another charitable organization with a similar charitable purpose. This ensures that charitable assets are not diverted from their original charitable purpose.
Cy Pres means the “next best” alternative. “Typically, the court employs cy pres where class members cannot be located or where individual recoveries would be so small as to make distribution economically impossible.” In re Matzo Food Products Litigation , 156 F.R.D. 600, 605 (D.N.J. 1994); In re “Agent Orange” Product Liability Litigation , 818 F.2d 179, 185 (2d Cir. 1987) (“[a] district court may, in order to maximize ‘the beneficial impact of the settlement fund on the needs of the class,’ set aside a portion of the settlement proceeds for programs designed to assist the class”).
Cy Pres or “Cy Pres Designee” shall mean the Eviction Defense Network, which entity meets the requirements of California Code of Civil Procedure section 384, and which shall receive those funds remaining of the Net Settlement Fund after payment of the Settlement Benefit to all Class Members submitting Claim Forms.
Cy Pres means Bet Tzedek.
Cy Pres means a gift of all Unclaimed Funds to be paid to the Southeastern Ohio Legal Services (SEOLS), Portsmouth Office.
Cy Pres is a means of distributing unclaimed, non-distributable class settlement funds to the “next best” class of beneficiaries
Cy Pres literally means ‘near to’.