Excess or Insufficient Funds in the Settlement Fund Sample Clauses

Excess or Insufficient Funds in the Settlement Fund. (a) The Settlement Administrator shall determine each authorized Claimant’s payment based upon each Claimant’s Claim Form and the total number of valid Claims in accordance with this Section.
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Excess or Insufficient Funds in the Settlement Fund. (a) The Settlement Administrator shall determine each authorized Settlement Class Member’s pro rata share based upon each Settlement Class Member’s Claim Form and the total number of valid Claims for that type of claim in accordance with this Section. Accordingly, the actual cash award or Voucher amount received by each Settlement Class Member will not be determined until after the Claim Period has ended and all Claims have been calculated.
Sample 1
Excess or Insufficient Funds in the Settlement Fund 
Sample 1

Related to Excess or Insufficient Funds in the Settlement Fund

  • Insufficient Funds If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, L/C Borrowings, interest and fees then due hereunder, such funds shall be applied (i) first, toward payment of interest and fees then due hereunder, ratably among the parties entitled thereto in accordance with the amounts of interest and fees then due to such parties, and (ii) second, toward payment of principal and L/C Borrowings then due hereunder, ratably among the parties entitled thereto in accordance with the amounts of principal and L/C Borrowings then due to such parties.

  • Settlement Fund All payments under this Section IV shall be made into the Settlement Fund, except that, where specified, they shall be made into the Settlement Fund Escrow. The Settlement Fund shall be allocated and used only as specified in Section V.

  • RETURNED CHECKS (NON-SUFFICIENT FUNDS) If the Tenant pays the Rent with a check that bounces due to insufficient funds: (check one)

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