Settlement Check definition

Settlement Check means the negotiable checks to be sent to those Settlement Class Members who submit Valid Claim Forms.

Settlement Check means the check issued to each Participating Settlement Class Member for their proportionate share of the Net Settlement Fund calculated in accordance with this Agreement.

Settlement Check or “Settlement Checks” means the check(s) containing the sum that such Settlement Class Member(s) is (are) entitled to receive as payment under this Agreement, in accordance with the procedures set forth in Sections 6 and 7 below, after submitting a timely, accurate, and complete Claim Form.

Examples of Settlement Check in a sentence

• For any Settlement Check returned to the Settlement Administrator as undeliverable (including, but not limited to, when the intended recipient is no longer located at the address), the Settlement Administrator shall make reasonable efforts to locate a valid address and resend the Settlement Payment within thirty (30) days after the check is returned to the Settlement Administrator as undeliverable.

• If the Settlement Administrator is notified that a Participating Settlement Class Member is deceased, the Settlement Administrator is authorized to reissue the Settlement Check to the Participating Settlement Class Member’s estate upon receiving proof the Participating Settlement Class Member is deceased and after consultation with Class Counsel.

• Within seven days of receiving a Closing Letter from the Commission, Respondents agree to send a copy of the Settlement Check to the Commission.

• If a Settlement Check is not cashed within sixty (60) days after the date of issue, the Settlement Administrator is authorized to send an e-mail and/or place a telephone call to that Participating Settlement Class Member reminding him/her of the deadline to cash such check.

• If the end of the Acceptance Period falls on a Sunday or holiday, the deadline to sign and cash a Settlement Check will be the next business day that is not a Sunday or holiday.

More Definitions of Settlement Check

Settlement Check means the payment to be made to a Participating Settlement Class Member pursuant to Section IV.

Settlement Check means the payment to be made electronically via Zelle, Venmo, or PayPal, or mailed in the form of a MasterCard pre-paid debit card or check to a Participating Settlement Class Member pursuant to Paragraphs 57–61.

Settlement Check or “Settlement Checks” shall mean and refer to the checks issued to each Authorized Claimant for his or her share of the Net Allocation Fund calculated in accordance with this Agreement, as well as the Service Award to Xxxxxx.

Settlement Check means the payment of the Claim mailed by the Claims Administrator to the Settlement Class Member.

Settlement Check mean the payment to be made via mailed check or via electronic means to a Participating Settlement Class Member pursuant to Paragraph 62.

Settlement Check means the checks to be sent to Class Members pursuant to paragraph 12.4 below.

Settlement Check means the checks prepared by the Settlement