Examples of Settlement Participant in a sentence
Each Settlement Participant further acknowledges that the Released Claims are intended to include all Released Claims regardless of whether the Settlement Participant knows, is aware of, or suspects the claims or potential claims being released.
Under the terms of the Agreement, a portion of these attorneys’ fees and costs are attributable on a pro rata basis to each Settlement Participant who cashes a Settlement Payment check.
In the event that there are fewer than 300,000 Settlement Participants, the One Million Five Hundred Thousand Dollars ($1,500,000.00) worth of Settlement Phone Cards will be distributed evenly amongst the Settlement Participants (i.e., each Settlement Participant will receive a pro rata share of the One Million Five Hundred Thousand Dollars ($1,500,000.00) worth of Settlement Phone Cards as opposed to a single Phone Card with a face value of $5.00).
However, in any circumstance, the Phone Cards will be evenly distributed among all Settlement Participants and each Settlement Participant will receive Phone Card(s) worth the same dollar amount.
For the avoidance of doubt, a Listing Market Participant who is not a Settlement Participant may obtain indirect access to the Settlement Facilitation Service in respect of the Approved Financial Products by entering into a settlement agreement with the Listing Market Operator or another party that is a Settlement Participant under which the Listing Market Operator or other party will act as settlement agent for the Listing Market Participant.
Defendants agree to provide each Settlement Participant with a Settlement Phone Card with a face value of $5.00; provided, however, that Defendants agree to distribute a minimum of One Million Five Hundred Thousand Dollars ($1,500,000.00) worth of Settlement Phone Cards.
A Class Member who desires to object but who fails to comply with the time and objection procedure set forth herein shall be deemed to have not objected, which means they will be bound by the release of Released Claims, will be deemed to participate in the Settlement and shall become a Settlement Participant.
As described above, notice packages distributed to eligible Settlement Class Members will be accompanied by a “Computation of Your Settlement Share” form, in the form set forth in Exhibit 5, which will state the gross amount each individual is eligible to receive from the proceeds of the Pool A fund if he/she becomes a Settlement Participant.
As described above, notice packages distributed to eligible Settlement Class Members will be accompanied by a “Computation of Your Settlement Share” form, in the form set forth in Exhibit 5, which will state the gross amount each individual is eligible to receive from the proceeds of the Pool B fund if he/she becomes a Settlement Participant.
Checks issued to Settlement Participants will be made payable to the Settlement Participant.