Common use of First Distribution Clause in Contracts

First Distribution. Settlement Awards shall be paid by electronic deposit or check. Within forty-five (45) days after the Effective Date, the Claims Administrator shall send payment to each claiming Settlement Class Member eligible to receive payment. The amount of each payment shall be the amount of the funds available for distribution divided by the number of Settlement Class Members to whom payments are being directed. The payment shall be made, at the option of the class member, either by electronic deposit or by check sent by first-class mail. The Claims Administrator will perform skip tracing and re-mailing as reasonably necessary. Checks will be valid for 120 days from the date on the check. The amounts of any checks that are returned as undeliverable or that remain uncashed more than 120 days after the date on the check will be included as part of the Second Distribution (as defined below).

First Distribution. Settlement Awards shall be paid by electronic deposit or by check. Within forty-five (45) 45 days after the Effective Date, the Claims Administrator shall send payment to each claiming Settlement Class Member eligible to receive payment. The amount of each payment shall be the amount of the funds available for distribution divided by the number of Settlement Class Members to whom payments are being directed. The payment shall be made, at the option of the class memberSettlement Class Member, either by electronic deposit or by check sent by first-first- class mail. The Claims Administrator will perform skip tracing and re-mailing as reasonably necessary. Checks will be valid for 120 days from the date on the check. The amounts of any checks that are returned as undeliverable or that remain uncashed more than 120 days after the date on the check will be included as part of the Second Distribution (as defined below).

First Distribution. Settlement Awards shall be paid by electronic deposit or check. Within forty-five (45) 45 days after the Effective Date, the Claims Administrator shall send payment to each claiming Settlement Class Member eligible to receive payment. The amount of each payment shall be the amount of the funds available for distribution divided by the number of Settlement Class Members to whom payments are being directed. The payment shall be made, at the option of the class member, either by electronic deposit or by check sent by first-class mail. The Claims Administrator will perform skip tracing and re-mailing as reasonably necessary. Checks will be valid for 120 days from the date FILED DATE: 11/13/2020 4:25 PM 2020CH05480 on the check. The amounts of any checks that are returned as undeliverable or that remain uncashed more than 120 days after the date on the check will be included as part of the Second Distribution (as defined below).