Common use of Distribution of Residual Funds Clause in Contracts

Distribution of Residual Funds. If, after the process outlined in §§ 2.5-2.6 above is completed, additional funds remain in the Net Settlement Fund, these funds, together with any funds from failed Electronic Payments and uncleared physical checks, shall be distributed as follows:

Appears in 2 contracts

Samples: Settlement Agreement, Class Action Settlement Agreement

AutoNDA by SimpleDocs

Distribution of Residual Funds. If, after the process outlined in §§ 2.5-2.6 2.4 above is completed, additional funds remain in the Net Settlement Fund, these funds, together with any funds from failed Electronic Payments ACH Transfers and uncleared physical checks, shall be distributed as Residual Settlement Payments, as follows:

Appears in 2 contracts

Samples: Class Action Settlement Agreement, Class Action Settlement Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.