Common use of Option to Change Payment Method Clause in Contracts

Option to Change Payment Method. Claimants may elect to change the Default Payment Method by which they receive their Settlement Payment and instead receive a physical check mailed to their address; Claimants may make this change when they submit the Claim Form. The Claim Form will request any additional payment information necessary for the Settlement Administrator to provide the Settlement Payment through the method the Claimant elects. Settlement Class Members who elect to receive a physical check shall have 90 days from its date to cash that check.

Option to Change Payment Method. Claimants may elect to change the Default Payment Method by which they receive their Settlement Payment and instead receive a physical check mailed to their address; Claimants may make this change when they submit complete the Claim FormForm on the Settlement Website. The Claim Form will request any additional payment information necessary for the Settlement Administrator to provide the Settlement Payment through the method the Claimant elects. Settlement Class Members who elect to receive a physical check shall have 90 days from its date to cash that check.