Distribution Protocol definition

Distribution Protocol means the plan for distributing the Settlement Amount and accrued interest, in whole or in part, as approved by the Courts.

Distribution Protocol means the plan for distributing the Settlement Fund to Settlement Class Members as approved by the Courts, which may, if directed by the Courts, require the Settlement Fund to be held in trust until the resolution of the Actions in whole or in part.

Distribution Protocol means the protocol developed by Class Counsel for the distribution of amounts from the Settlement Amount to the Class Members and agreed to by the Defendants or directed by William Kaplan, in accordance with Section 23;

Examples of Distribution Protocol in a sentence

• The proposed Distribution Protocol provides that in order to determine the individual entitlements of Class Members who make claims, the losses of each claimant will be calculated in accordance with a formula based on the statutory damages provisions contained in the securities legislation of British Columbia.

• The motions can be brought before the Effective Date, but the orders approving the Distribution Protocol shall be conditional on the Effective Date occurring.

• The Administrator will, among other things: (i) receive and process the Claim Forms; (ii) determine Class Members’ eligibility for and entitlement to compensation pursuant to the Distribution Protocol; (iii) communicate with Class Members regarding claims for compensation; and (iv) manage and distribute the Settlement Amount in accordance with the Settlement Agreement and the orders of the Court.

• The Distribution Protocol, Settlement Agreement, and other pertinent documents can be found at: [website] or by contacting Class Counsel at the address below.

• This Distribution Protocol should be read in conjunction with the Settlement Agreement dated August 30, 2023 (“Settlement Agreement”).

More Definitions of Distribution Protocol

Distribution Protocol means the document attached as Schedule “I” stipulating the proposed distribution of the Net Settlement Amount or such other plan of distribution as may be approved by the Court.

Distribution Protocol means the protocol for the distribution of the Net Settlement Funds approved by the Courts. The Parties’ proposed form of Distribution Protocol is attached hereto as Schedule “1”.

Distribution Protocol means the protocol attached as Schedule A;

Distribution Protocol means the plans as set out in Part 9 of this Settlement Agreement for distribution of the Settlement Funds, including: (i) payment of the Unconditional Individual Amount to each member of the Settlement Class; (ii) payments from the Reversionary Funds to Qualifying Members; (iii) payment of Claims Administration Costs and/or any honorarium to the Representative Plaintiff from the Non-Reversionary Amounts; and (iv) payment of Class Counsel Fees.

Distribution Protocol means the rules and plan for distributing the Net Proceeds as developed by Class Counsel and approved by the Courts.

Distribution Protocol. “Eligible Securities”, “Net Settlement Amount”, “Settlement Amount”, and “SNC”, as used herein, are defined in the Settlement Agreement, which definitions apply to and are incorporated herein. In addition, the following definitions apply to this Distribution Protocol:

Distribution Protocol means the plan for distributing the Settlement Fund to the Class as approved by the Court, in the form of Schedule D hereto.