Common use of Payments to Settlement Class Members Clause in Contracts

Payments to Settlement Class Members. Within thirty (30) days after the Effective Date, the Settlement Administrator will send settlement payments to Settlement Class Members who submit Approved Claims. Such payments shall be sent in the form of a check via first class mail, with the following phrase appearing prominently thereon: “Settlement Payment Pursuant to Class Action Settlement Approved by the Court.”

Appears in 1 contract

Samples: Class Action Settlement Agreement

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Payments to Settlement Class Members. Within thirty (30) days after the Effective Date, the Settlement Administrator will send settlement payments to Settlement Class Members who submit Approved Claims. Claims (“Settlement Payments”).. Such payments shall be sent in the form of a check via first class mail, with the following phrase appearing prominently thereon: “Settlement Payment Pursuant to Class Action Settlement Approved by the Court.”

Appears in 1 contract

Samples: Class Action Settlement Agreement

Payments to Settlement Class Members. Within thirty (30) a. As soon as practicable, but no later than sixty days after the Effective Date, the Settlement Administrator will send settlement payments shall pay to each Settlement Class Members Member who submit Approved Claimssubmits a valid Claim Form a pro rata share of the Settlement Fund, after deducting the amount of the Fee Award, any Incentive Payment to the Class Representative, Settlement Administration Expenses, and such other expenditures as may be authorized by the Court. Such payments shall be sent in the form of a check mailed to Settlement Class Members via first class mail, with the following phrase appearing prominently thereon: “Settlement Payment Pursuant to Class Action Settlement Approved by the Court.

Appears in 1 contract

Samples: Settlement Agreement

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Payments to Settlement Class Members. Within (a) As soon as practicable, but no later than thirty (30) days after the Effective Date, the Settlement Administrator will send settlement payments shall pay to each Settlement Class Members Member who submit Approved Claimsfiled a valid claim, a pro rata share of the Settlement Fund, after deducting the amount of the Fee Award, any Incentive Awards to the Class Representatives, Settlement Administration Expenses, and such other expenditures as may be authorized by the Court. Such payments shall be sent in the form of a check mailed to Settlement Class Members via first class mail, with the following phrase appearing prominently thereon: “Settlement Payment Pursuant to Class Action Settlement Approved by the Court.

Appears in 1 contract

Samples: Class Action Settlement Agreement

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