Examples of Eligible Class Member in a sentence
Within fifteen (15) business days after Court approval of this Joint Stipulation, the Notice in the form attached hereto as Exhibit 1, Claim Form in the form attached hereto as Exhibit 2,2 and the Questionnaire in the form attached hereto as Exhibit 3 shall be forwarded, via first class mail, by the Settlement Administrator to each Eligible Class Member contained in the database furnished to the Settlement Administrator by Ryan's, which database shall include at least 263,844 Eligible Class Members.
If an Eligible Class Member or Sub-Class Member timely submits a Valid Claim (“the Claimant,” for purposes of this Section III), the Claimant shall receive a payment based on a calculation made by Class Counsel (the “Payment Calculation(s)”).
Classes 3 and 5 shall have accepted this Plan if the Allowed Holders (other than any Holder designated under Section 1126(e) of the Bankruptcy Code) of at least two-thirds of (a) with respect to Class 3, Eligible Class Member Claims that have accepted or rejected this Plan and (b) with respect to Class 5, Allowed Interests that have accepted or rejected this Plan, have voted to accept this Plan.
The Settlement Administrator will run the Eligible Class Member contact/address list through the National Change of Address Data Base maintained by the U.S.P.S. prior to the mailing of the Notices and Claim Forms.
Constangy, Brooks & Smith, LLC Attorneys for the Defendant _______________________________ 1 The amount paid as costs/attorneys' fees to Class Counsel will be determined based upon the level of Eligible Class Member participation and in accordance with the Parties' settlement confirmation letter dated February 7, 2006, attached hereto as Exhibit 5.