Common use of Payments to Beneficiaries and Alternate Payees Clause in Contracts

Payments to Beneficiaries and Alternate Payees. (a) Beneficiaries of Participant Class Members that are entitled to receive all or a portion of a Participant Class Member’s Entitlement Allocation under this Article shall receive such settlement payments in the form of a check issued by the Settlement Administrator. Beneficiaries of Former Participant Class Members that are entitled to receive all or a portion of a Former Participant Class Member’s Entitlement Allocation under this Article will receive such settlement payments under the methods described in Section 5.3

Payments to Beneficiaries and Alternate Payees. (a) Beneficiaries of Participant Class Members that who are entitled to receive all or a portion of a Participant Class Member’s Entitlement Allocation Amount under this Article shall receive such settlement payments in pursuant to the form terms of a check issued by the Settlement AdministratorPlan. Beneficiaries of Former Participant Class Members that who are entitled to receive all or a portion of a Former Participant Class Member’s Entitlement Allocation Amount under this Article will receive such settlement payments under the methods described in Section 5.3