Pro Rata Cash Payment Sample Clauses

Pro Rata Cash Payment. If the Settlement Fund is insufficient to cover all Out-of- Pocket Losses and Lost Time, such claims shall be reduced pro rata to account for the amount of remaining funds, and no money shall be paid to any claimants for Pro Rata Cash Payments. If there are sufficient funds to pay for all claimed Out-of- Pocket Losses, but insufficient funds to pay for all claimed Lost Time, then claimants shall receive full value for their Out-of-Pocket Losses, but Lost Time reimbursements shall be reduced pro rata to account for the amount of remaining funds. Any remaining money in the Settlement Fund (to the extent any exists) after the payment of Out-of-Pocket Losses and Reimbursement of Lost Time shall be disbursed in a pro rata amount to all valid claimants, with such pro rata payments capped at $850 per valid claimant.
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Pro Rata Cash Payment. After the calculation of attorneys’ fees, litigation expenses, Administrative Fees and Service Awards, the Settlement Administrator will calculate the amount of the Valid Claims and will make pro rata payments on the Cash Payments to each Class Member who submits a claim. This pro rata calculation may increase or decrease the amount of the Cash Payment.
Pro Rata Cash Payment. All Settlement Class members may file a claim for a pro rata portion of the Settlement Fund. The amount of this benefit shall be based on the number of claims received and the amount of funds remaining in the Settlement Fund following the payment of any Attorneys’ Fees and Expenses Award, any Service Awards, the Costs of Claims Administration, claims for Out-of-Pocket Losses, and claims for CCPA Payments, as described above in Section H.3.
Pro Rata Cash Payment. After the distribution of attorneys’ fees, Class Counsel’s litigation expenses, Administration Fees, Service Awards, Out-of- Pocket-Expense Claims, and Lost-Time Claims (each of which is defined below in this Section), the Settlement Administrator will make pro rata payments of the remaining Settlement Fund to each Class Member who submits a Claim. This payment is estimated to be around $50, but may pro rata increase or decrease from the $50 cash payment. No documentation or attestation is required to receive the Pro Rata Cash Payment (the “$50 Pro Rata Cash Payment” or “Pro Rata Cash Payment”).
Pro Rata Cash Payment. Any Valid Claim may be combined with any other Valid Claim. The priority for payment of claimed benefits will be as follows: (1) Out-of-Pocket Losses; (2) CCPA Payment; and (3)
Pro Rata Cash Payment. All Settlement Class Members may file a claim for $100.00. The amount of this benefit shall be increased or decreased based on the funds remaining in the Settlement Fund following the payment of Attorneys’ Fees and Expenses Award, any Service Awards, the Costs of Claims Administration, claims for Out-of-Pocket Losses, and the CCPA Payments. Any increase will be done pro rata based on the amount of the claims. Any decrease will be done pursuant to Paragraph 2.3 above.
Pro Rata Cash Payment. Check this box if you wish to receive a cash payment of $100. This amount may increase or decrease on a pro rata basis, depending upon the number of claims filed and approved. IF YOU SELECT THIS CASH BENEFIT, YOU MAY NOT CLAIM ANY OF THE OTHER CASH SETTLEMENT BENEFITS. YOU MAY STILL CLAIM CREDIT MONITORING.
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Pro Rata Cash Payment. After the distribution of Attorneys’ Fees, Expenses, Administration and Notice Costs, Service Awards, Documented Ordinary Expense Reimbursement, Documented Extraordinary Expense Reimbursement, Lost-Time Reimbursement, and Credit Monitoring, the Settlement Administrator will make pro rata settlement payments of the remaining Settlement Fund to each Settlement Class Member who submits a valid claim for a Pro-Rata Cash Payment. The payment amount is estimated to be $50 and may increase or decrease pro rata based on the amount remaining in the Settlement Fund after the above distributions have been made. No documentation or attestation is required. Settlement Class Members cannot submit a Pro- Rata Cash Payment claim in conjunction with any other claim. The Pro-Rata Cash Payment claim may only be submitted in the alternative to all other claims.
Pro Rata Cash Payment. 1. Do you wish to submit a claim for a Pro-Rata Cash Payment? The amount of this payment is estimated to be $50.00. The amount actually paid will vary and could be higher or lower. The amount actually paid will depend on, among other things, the amount of valid claims submitted, attorneys’ fees and expenses awarded by the Court, service awards awarded by the Court, and the cost of providing notice of the Settlement and administering it. If you select this option you may not select any of the Out-of-Pocket Expense and Time Reimbursement and Credit Monitoring Benefits. Yes ☐ (Skip Section III and fill out the Attestation and Signature below) No ☐ (Proceed to Section III)
Pro Rata Cash Payment. All Settlement Class Members who submit a valid claim using the Claim Form to this Settlement Agreement, may request a pro rata cash payment estimated to be $50.00 (the “Cash Payment”) by submitting a Claim Form to the Settlement Administrator no later than 90 days after the Notice Date, or other deadline approved by the Court (the “Claims Deadline”). The Cash Payment will be calculated in accordance with ¶ 3.3 below. The Cash Payment amount per valid claim will be determined by the amount remaining in the Qualified Settlement Fund after deductions for Service Awards, Costs of Settlement Administration, and Fee Award and Costs.
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