Settlement Award Payments. Cash award payments shall be mailed by the Settlement Administrator within 45 days after the Effective Date, which will occur five days after the last of the following dates: (i) the entry of the Final Approval Order; and (ii) the final disposition of any related appeals, or, in the case of no appeal or review being filed, expiration of the applicable appellate period. The Settlement Administrator may mail, by first class mail, a check to each eligible Settlement Class Member who submitted a Claim Form. The Settlement Administrator will perform skip tracing and re-mailing, as necessary; all costs of such work will be considered Settlement Costs and deducted from the Settlement Fund. Checks will be valid for 120 days from the date on the check.
Settlement Award Payments. Class Members who submit claims will have the option to select Settlement Awards by either check or secure electronic payment. If no option is selected or the secure electronic payment cannot be completed, the Settlement Award shall be paid by check. The Claims Administrator shall send each Class Member who submitted an Approved Claim their Settlement Award in accordance with the schedule set forth in section 2.33. The Claims Administrator will perform skip tracing and re- mailing, as necessary; all costs of such work will be considered Settlement Costs. Checks will be valid for one-hundred twenty (120) days from the date on the check. The amounts of any checks that are returned as undeliverable or that remain uncashed more than one- hundred twenty (120) days after the date on the check may be eligible for the Second Distribution (as defined below).
Settlement Award Payments. Settlement Award payments shall be mailed by the Settlement Administrator within thirty (30) days after the Effective Date. The Settlement Administrator will mail, by first class mail, a check to each eligible Settlement Class Member who submitted a Claim Form. The Settlement Administrator will perform skip tracing and re-mailing, as necessary; all costs of such work will be considered Settlement Costs and deducted from the Fund. Checks will be valid for one hundred twenty (120) days from the date on the check.
Settlement Award Payments. Class Members who submit a valid, timely claim form signed “under oath” that the information provided on that form is “true and correct to the best of [his/her] knowledge and belief” within 60 days of the sending of the notice will have the option to select Settlement Awards by either check or secure electronic payment. If no option is selected or the secure electronic payment cannot be completed, the Settlement Award shall be paid by check. The Claims Administrator shall send each Settlement Class Member who submits a timely and valid claim form their Settlement Award within forty-five (45) days after the Effective Date. The Claims Administrator will perform skip tracing and re-mailing, as necessary; all costs of such work will be considered Settlement Costs. Checks will be valid for ninety (90) days from the date on the check. The amounts of any checks that are returned as undeliverable or that remain uncashed more than ninety (90) days after the date on the check will be included as part of the Second Distribution (as defined below).
Settlement Award Payments. If the Settlement Class Member is eligible to receive a cash payment after Fifth Third exercises its discretion to issue Account Credits as described above, such cash payments shall be paid out of the Fund remaining after payment of all Settlement Costs. The Settlement Administrator shall mail, by first class mail, a check to each eligible Settlement Class Member entitled to a cash payment, to the address on file with Fifth Third Bank (as updated by the Settlement Administrator pursuant to Section III.E.1.a hereof). If there are multiple Settlement Class Members associated with a single account, only one check will be issued relative to the account, and the check will be made payable jointly to all Settlement Class Members associated with the account and mailed to the primary Fifth Third Bank borrower associated with the account, based on Fifth Third Bank records. If the address for the primary borrower associated with an account cannot be confirmed by the Settlement Administrator, the check shall be mailed to any other Settlement Class Member associated with the account whose address can be so confirmed. If no borrower associated with an account can be located, the amount of the check they would have received will be allocated to the cy pres award. The Settlement Administrator will perform skip tracing and re-mailing, as reasonably necessary to effectuate delivery of checks; all costs of such work will be considered Settlement Costs and paid from the Fund. Checks will be valid for ninety (90) days after the date on the check. Any Settlement Class Member who fails to negotiate the check within the ninety (90) day period forever waives and releases his or her claims for payment of the amount represented by the settlement check, which shall be returned to the Fund and allocated to the cy pres award.
Settlement Award Payments. Settlement Awards shall be paid by check or electronic deposit at the election of the class member. If no method is elected, the Claims Administrator shall make an electronic payment (PayPal or Amazon) to the e-mail that was sent the notice. If electronic payment was not successful, a check will be mailed to the Settlement Class Member if an address was obtained and not returned as undeliverable. Within forty-five (45) days after the Settlement Effective Date, the Claims Administrator shall send the Settlement Award to each eligible Settlement Class Member. The Claims Administrator shall undertake reasonable means to locate current addresses for all returned checks. Checks will be valid for one-hundred twenty (120) days from the date on the check. The amounts of any checks that remain uncashed more than one-hundred twenty (120) days after the date on the check will be included as part of the Subsequent Distribution (as defined below). In no event shall a Class Member (other than the Class Representative) receive a Settlement Award greater than $500 in total.
Settlement Award Payments. Settlement Awards shall be paid by check or electronic deposit at the election of the class member. Within forty-five (45) days after the Settlement Effective Date, the Claims Administrator shall send the Settlement Award to each eligible Settlement Class Member who timely submits a completed Claim Form. The Claims Administrator shall undertake reasonable means to locate current addresses for all returned checks. Checks will be valid for one-hundred twenty (120) days from the date on the check. The amounts of any checks that remain uncashed more than one-hundred twenty (120) days after the date on the check will be included as part of the Second Distribution (as defined below).
Settlement Award Payments. Settlement Awards shall be paid by check sent by first-class mail a check to each eligible Class Member who timely submits a completed Claim Form within forty-five (45) days after the Effective Date. Checks will be valid for one-hundred twenty (120) days from the date on the check.
Settlement Award Payments. Within fourteen (14) days after the Opt-Out Deadline, the Settlement Administrator shall notify both Class Counsel and Defendants in writing of the amount necessary to fund payments to the Class Members that have not requested exclusion from the Class. The Settlement Administrator shall also provide both Class Counsel and Defendants with a list of all of the submitted Opt-Out Requests that are received. The validity of the Opt- Out Requests will be determined as set forth in the Preliminary Approval Order. The Settlement Award shall be paid by check. The Settlement Administrator shall send by first-class mail a check to each eligible Class Member (Class Members who have not submitted a valid and timely Opt-Out Request) within forty-five (45) days of the Effective Date. The Settlement Administrator will perform skip tracing and re-mailing, as necessary. Checks will be valid for one- hundred twenty (120) days from the date on the check. The amounts of any checks that are returned as undeliverable or that remain uncashed more than one- hundred twenty (120) days after the date on the check will be distributed as directed in Section 11.2.
Settlement Award Payments. Settlement Awards shall be paid by check. Within fourteen (14) days after the Settlement Administrator receives the Settlement Fund, as described above, the Settlement Administrator shall send the Settlement Award Payments to each eligible Claimant. The Settlement Administrator shall undertake reasonable means to locate current addresses for all returned checks. Checks will be valid for one hundred and eighty (180) days from the date on the check. Any checks disbursed to Settlement Class Members from the Settlement Fund that are uncashed for any reason within one hundred and eighty (180) days after their date of issuance will be paid to a mutually agreeable cy pres recipient, subject to Court approval.
