Common use of Class 13 Claimants Clause in Contracts

Class 13 Claimants. (i) As soon as possible after the deadline for Personal Injury Claimants to elect to settle or litigate, the Claims Administrator shall provide to the Class 13 Claimants (“Health Care Providers”) a list of Non-Settling Personal Injury Claimants along with an election form setting forth the process by which Health Care Providers may elect to settle or litigate their Claims. The election form shall permit the Health Care Providers to elect to settle conditionally, subject to right of revocation defined at (ii) below, or to litigate. To be timely the election form must be received by the Claims Administrator or postmarked — by certified mail or by an overnight delivery service — on the date that is not more than forty-five (45) calendar days after the Claims Administrator serves the list of Non-Settling Personal Injury Claimants. Health Care Providers who fail timely to return the form shall be deemed to have elected to settle conditionally.

Appears in 3 contracts

Samples: And Fund Distribution Agreement, And Fund Distribution Agreement, And Fund Distribution Agreement

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Class 13 Claimants. (i) As soon as possible after the deadline for Personal Injury Claimants to elect to settle or litigate, the Claims Administrator shall provide to the Class 13 Claimants (“Health Care Providers”) a list of Non-Settling Personal Injury Claimants along with an election form setting forth the process by which Health Care Providers may elect to settle or litigate their Claims. The election form shall permit the Health Care Providers to elect to settle conditionally, subject to right of revocation defined at (ii) below, or to litigate. To be timely the election form must be received by the Claims Administrator or postmarked — by certified mail or by an overnight delivery service — on the date that is not more than forty-forty- five (45) calendar days after the Claims Administrator serves the list of Non-Settling Personal Injury Claimants. Health Care Providers who fail timely to return the form shall be deemed to have elected to settle conditionally.

Appears in 1 contract

Samples: Fund Distribution Agreement

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