Disclosure and Treatment of Historic Payments Sample Clauses

Disclosure and Treatment of Historic Payments. (a) Certain Defendants, Released Entities and/or their insurance carriers established claims handling facilities and procedures, which were in place prior to the execution of this Settlement Agreement. Through these claims handling facilities and procedures, and through other settlements, certain Settlement Class Members received Historic Payments from certain Defendants or their insurers. (b) Defendants will provide to the Claims Administrator on a confidential basis the name(s) of each person to whom they provided a Historic Payment and the amount of such Historic Payment. The Claims Administrator will use this information to ensure that no individuals are compensated twice for the same claimed economic damages. Information provided to the Claims Administrator regarding Historic Payments will be maintained in strict confidence by the Claims Administrator and will not be provided to any other Settlement Class Member, Plaintiffs’ Lead Counsel, Counsel for Canadian Plaintiffs or counsel for any other Defendant or Released Entity. Anything to the contrary in this paragraph notwithstanding, Plaintiff’s Lead Counsel may have access to information relating to a Historic Payment made to Settlement Class Member who initiates an inquiry to Plaintiff’s Lead Counsel with respect to the processing of the Settlement Class Member’s claim. Plaintiffs’ Lead Counsel agree that they will not use information received from the Claims Administrator and/or a Settlement Class Member related to a Historic Payment for any purpose other to respond to the inquiry initiated by the Claims Administrator or Settlement Class Member, and that they will keep such information strictly confidential. (c) If a Settlement Class Member seeks additional amounts above the amount (s)he was paid in a Historic Payment as a result of this Settlement Agreement, the Settlement Class Member must file a Claim Form and shall submit it together with the documentation required, by regular First Class mail, to the Claims Administrator. The Claims Administrator shall provide a copy to counsel for the Defendant(s) from whom the Settlement Class Member previously received a Historic Payment. (d) If a Settlement Class Member who has been reimbursed previously by a Defendant, Released Entity and/or its insurance company for expenses associated with the Recall submits a Claim Form, then the reimbursement previously received will be deducted from the total reimbursement due to that Settlement Class Member under thi...
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Related to Disclosure and Treatment of Historic Payments

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