Common use of Base Payment Amounts Clause in Contracts

Base Payment Amounts. 6 Base Payment Amounts will be calculated by applying an escalating marginal recovery 7 formula to the Settlement Class Member’s Lifetime Spending Amount through and including 8 [the date of the execution of the Settlement Agreement], with the portion of the Settlement Class 9 Member’s spending attributable to Platform Provider fees (fixed for settlement purposes as 30% 10 of each Settlement Class Member’s lifetime spending) discounted by 75%.

Appears in 2 contracts

Samples: Class Action Settlement Agreement, Class Action Settlement Agreement

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Base Payment Amounts. 6 Base Payment Amounts will be calculated by applying an escalating marginal recovery 7 formula to the Settlement Class Member’s 's Lifetime Spending Amount through and including 8 [the date of the execution of the Settlement Agreement], with the portion of the Settlement Class 9 Member’s 's spending attributable to Platform Provider fees (fixed for settlement purposes as 30% 10 of each Settlement Class Member’s 's lifetime spending) discounted by 75%.

Appears in 1 contract

Samples: Class Action Settlement Agreement

Base Payment Amounts. 6 7 Base Payment Amounts will be calculated by applying an escalating marginal recovery 7 8 formula to the Settlement Class Member’s Lifetime Spending Amount through and including 8 9 [the date of the execution of the Settlement AgreementPreliminary Approval], with the portion of the Settlement Class 9 Member’s spending 10 attributable to Platform Provider fees (fixed for settlement purposes as 30% 10 of each Settlement 11 Class Member’s lifetime spending) discounted by 75%.

Appears in 1 contract

Samples: Class Action Settlement Agreement

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Base Payment Amounts. 6 Base Payment Amounts will be calculated by applying an escalating marginal recovery 7 formula to the Settlement Class Member’s Lifetime Spending Amount through and including 8 [the date of the execution of the Settlement AgreementPreliminary Approval], with the portion of the Settlement Class 9 Member’s spending 9 attributable to Platform Provider fees (fixed for settlement purposes as 30% 10 of each Settlement 10 Class Member’s lifetime spending) discounted by 75%.

Appears in 1 contract

Samples: Class Action Settlement Agreement

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