For those Settlement. Class Members who are Current Account Holders at the time of the distribution of the Settlement Fund, a credit in the amount of the Settlement Class Member Payment they are entitled to receive shall be applied to any account they are maintaining individually at the time of the credit. If by the deadline for Defendant to apply credits of Settlement Class Member Payments to accounts Defendant is unable to complete certain credit(s), Defendant shall deliver the total amount of such unsuccessful Settlement Class Member Payment credits to the Settlement Administrator to be paid by check in accordance with subsection 2 below.
For those Settlement. Class Members who are Current Account Holders, and have agreed, or Past Account Holders who had agreed, to receive Account statements from Defendant electronically, Defendant shall provide the Settlement Administrator with the most recent email addresses it has for these customers. The Settlement Administrator shall send the Email Notice to each such customer’s last known email address, in a manner that is calculated to avoid being caught and excluded by spam filters or other devices intended to block mass email. For any emails that are returned undeliverable, the Settlement Administrator shall send a Postcard Notice in the manner described below. The Email Notice shall inform Settlement Class members how they may request a copy of the Long Form Notice.
For those Settlement. Class Members who are customers of Defendant at the time of the distribution of the Net Settlement Fund, their linked checking accounts shall be credited by Defendant in the amount of the Individual Payment they are entitled to receive.
For those Settlement. Class Members who are not customers of Defendant at the time of the distribution of the Net Settlement Fund, they shall be sent an email by the Settlement Administrator allowing for the electronic transmission of Individual Payments by electronic money transmission services such as Square Cash, Zelle, Venmo, Paypal or ACH.
For those Settlement. Class Members who submit Valid Claims, Cash Payments shall be paid by check sent via first-class mail to the mailing address provided on the Claim Form or at the election of the Settlement Class Member on the Claim Form, by direct deposit into the Settlement Class Member’s bank account, or another form of electronic transfer (such as PayPal, Venmo, ACH). All Valid Claims shall be paid by the Settlement Administrator by the Distribution Date.
For those Settlement. Class Members who are not customers of Defendant at the time of the distribution of the Net Settlement Fund or for those Settlement Class Members for whom crediting their account(s) is not possible, they shall be sent a check by the Settlement Administrator at the address used to provide the Notice, or at such other address as designated by the Settlement Class Member. The Settlement Class Member shall have one hundred eighty (180) days to negotiate the check. Any checks uncashed after one hundred eighty (180) days shall be distributed pursuant to Section 10.
For those Settlement. Class Members who are Current Accountholders of BANA and have agreed to receive electronic account statements from BANA, the Settlement Administrator shall send the Email Notice to each such Settlement Class Member’s last known email address, in a manner that is calculated to avoid being caught and excluded by spam filters or other devices intended to block mass email. For any emails that are returned undeliverable, the Settlement Administrator shall send a Postcard Notice in the manner described below. The Email Notice shall inform Settlement Class Members how they may request a copy of the Long Form Notice.
For those Settlement. Class Members who submit a timely, valid and verified Claim Form, substantially in the form of Exhibit B, attached, by the Claim Deadline in the manner required by this Settlement Agreement, making the required affirmations and representations as set forth in Section 7 below, Shellpoint shall (subject to its own audit as set forth in 7.3.1):
