Settlement Class Member Payment means the cash distribution that will be made from the Net Settlement Fund to each Settlement Class Member, pursuant to the allocation terms of the Settlement.
Settlement Class Member Payment means the cash distribution that will be made from the Settlement Fund to each Settlement Class Member, pursuant to the terms of the Settlement.
Settlement Class Member Payment means the monetary compensation that the Defendants shall pay eligible Settlement Class Members who submit a Valid Claim, on the conditions set forth in Sections 5-6. The Settlement Class Member Payment includes the Owner/Lessee Payment, Post-Announcement Owner/Lessee Payment, Former Owner/Lessee Payment and the contingency payments described in Sections 5.9, 5.10, 5.11, 5.12, 5.15 and 5.16.
Examples of Settlement Class Member Payment in a sentence
Within one year after the date the Settlement Administrator mails the first Settlement Class Member Payment, any remaining amounts resulting from uncashed checks shall be distributed to an appropriate cy pres recipient agreed to by the Parties and approved by the Court.
Class Members who are Current Account Holders at the time of the distribution of the Settlement Fund, a credit in the amount of the Settlement Class Member Payment they are entitled to receive shall be applied to any account they are maintaining individually at the time of the credit.
More Definitions of Settlement Class Member Payment
Settlement Class Member Payment means the portion of the “Net Distributable Settlement Fund” shown on Schedule A to be paid to the respective Settlement Class Members under the Settlement. Schedule A shall be prepared by Class Counsel and furnished to the Court and Defendant’s Counsel within 10 business days after the information being furnished to Class Counsel under Paragraph 3.b.
Settlement Class Member Payment means the payment that each Settlement Class Member who submits a Qualified Claim, as determined and coordinated by the Settlement Administrator, will receive under the Settlement.
Settlement Class Member Payment means the equal distribution that will be made from the Net Settlement Amount to each Settlement Class Member as described in Paragraph 36.
Settlement Class Member Payment means the equal distribution that will be made from the Net Settlement Amount to each Settlement Class Member (or jointly to Settlement Class Members who jointly hold an ownership interest in a Policy or Policies), as described in Paragraph 31.
Settlement Class Member Payment means the cash distribution provided in Paragraph 148 that will be made by GEICO and/or the Settlement Administrator to each Settlement Class Member who submits a valid and timely claim that is approved by the Settlement Administrator.
Settlement Class Member Payment means the settlement payment amount
Settlement Class Member Payment means the pro rata distribution that will be made from the Net Settlement Amount to each Settlement Class Member.