Order of Priority for Approved Claims, Pro Rata Reductions, and Roll Over of Unclaimed Funds Sample Clauses

Order of Priority for Approved Claims, Pro Rata Reductions, and Roll Over of Unclaimed Funds. The Settlement Administrator will determine final payable amounts for Approved Claims using the following procedures. After the Claims Deadline, the Settlement Administrator will determine the validity of submitted claims. If the aggregate value of all Approved Claims is less than amount of the Documented Fraud Fund, then the Settlement Administrator will pay all the Approved Claims in full. Any funds remaining in the Documented Fraud Fund will then roll over into the Unclaimed Distributions Fund to be used for Unclaimed Distributions. If the aggregate value of all Approved Claims exceeds the amount of the Documented Fraud Fund, the Settlement Administrator will give priority to Documented Out-of-Pocket Fraud Loss Claims and determine whether those claims can be paid in full by making pro rata, proportional reductions of Documented Fraud-Related Inconvenience Claims, while preserving a minimum payment amount of $25 for Documented Fraud-Related Inconvenience Claims. If the Documented Fraud Fund is insufficient to pay both all Document Out-of- Pocket Fraud Loss Claims in full and a minimum of $25 per Documented Fraud- Related Inconvenience Claim, then no Documented Fraud-Related Inconvenience Claims will be paid at all. Instead, the Documented Out-of-Pocket Fraud Loss Claims will be paid in full and any remaining amounts in the Documented Fraud Fund will roll over to the Unclaimed Distributions Fund, or the Documented Out- of-Pocket Fraud Loss Claims will be paid as fully as possible after making proportional pro rata reductions to those claims. In other words, the payment of any Documented Fraud-Related Inconvenience Claims is conditioned on the availability of sufficient funds in the Documented Fraud Fund to pay a minimum of $25 per Documented Fraud-Related Inconvenience Claim.