Balance of Settlement Funds after Payment of Claims. At such time as all valid Claims properly payable pursuant to the provisions of this Agreement are paid in full from the Settlement Fund by the Claims Administrator, if there is any balance remaining in the Settlement Fund after 180 days after the last check is issued, the Claims Administrator shall, if feasible, distribute such balance by way of pro rata payments to Settlement Class Members who submitted valid claims and who cashed their checks in an equitable and economical fashion. Thereafter, if any balance remains, the Claims Administrator shall remit that balance in equal amounts to the following charitable or non-profit organizations: UC Xxxxx School of Veterinary Medicine and North Shore Animal League. In no event shall any balance revert to Defendants. No Settlement Class Member shall have any claim of any kind against the Settlement Fund, the Parties or their respective counsel, or the Claims Administrator for distributions of the net Settlement Fund consistent with this paragraph.
Balance of Settlement Funds after Payment of Claims. At such time as all valid Claims properly payable pursuant to the provisions of this Settlement Agreement, are paid in full from the Settlement Fund by the Claims Administrator, the Claims Administrator shall remit the balance, if any, of the Settlement Fund the charities specified on Schedule 1, subject to the fact that the Claims Administrator must ensure compliance with the Fonds d’aide aux recours collectifs of the Province of Quebec, Canada in accordance with Quebec law and more particularly, the Regulation respecting the percentage withheld by the Fonds d’aide aux recours collectifs. The balance of Settlement Fund, if any, after payment of Claims will be divided between the U.S. Charities listed in Schedule 1 on the one hand, and the Canadian Charities listed below on the other, on a pro rata basis based on the number of claims paid to residents of each country. Any amount paid from the Settlement Fund paid to the Canadian charities will be divided among those Canadian charities on a pro rata basis by number of claims paid to residents of each province, with a reduction of the amount allocated to the Province of Quebec for any required payment to the Fonds d’aide aux recours collectifs of the Province of Quebec.
