Common use of For those Settlement Clause in Contracts

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.

Appears in 3 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

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For those Settlement. Class Members who are Current Account Holders at the time of the distribution of the Net 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.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

For those Settlement. Class Members who are Current Account Holders at the time of the distribution of the Net 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 with Defendant at the time of the credit. If by Defendant shall provide the deadline for Defendant to apply credits Settlement Administrator with the names of Settlement Class Member Payments to accounts Defendant is unable to complete certain credit(s), Defendant Members who cannot receive credits and shall deliver the total amount of such unsuccessful Settlement Class Member Payment credits to pay the Settlement Administrator the aggregate amount of the credits that were not given so the Settlement Administrator can make payments to be paid the applicable Settlement Class Members by check in accordance with subsection 2 2, below.

Appears in 1 contract

Samples: Settlement Agreement

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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 Settlemetn Class Member Payment credits to the Settlement Administrator to be paid by check in accordance with subsection 2 below.

Appears in 1 contract

Samples: Settlement Agreement

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