Pro Rata Adjustment. If the total value of all Approved Claims exceeds the Net Settlement Amount, then the amount paid on an Approved Claim will be reduced pro rata as necessary.
Appears in 3 contracts
Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement
Pro Rata Adjustment. If the total value of all Approved Verified Claims exceeds the Net Settlement Amount, then the amount paid on an Approved each Verified Claim will be reduced pro equally for all Settlement Class Members on a pro-rata as necessarybasis.
Appears in 1 contract
Samples: Class Action Settlement Agreement
