Common use of Settlement Payments to Participating Class Members Clause in Contracts

Settlement Payments to Participating Class Members. If the Settlement is granted final approval, after deduction of any Court-approved attorneys’ fees, litigation expenses, service payments to the Class Representatives, and expenses of settlement administration, the remaining amount (“Net Settlement Amount”) will be divided equally between the Participating Class Members. As soon as practicable after the Effective Date of the Settlement, the Settlement Administrator will mail to each Participating Class Member a check representing that person’s settlement payment.

Settlement Payments to Participating Class Members. If the Settlement is granted final approval, after deduction of any Court-approved attorneys’ fees, litigation expenses, service payments payment to the Class RepresentativesRepresentative, and expenses of settlement administration, the remaining amount (“Net Settlement Amount”) will be divided equally between the Participating Class Members. As soon as practicable after the Effective Date of the Settlement, the Settlement Administrator will mail to each Participating Class Member a check representing that person’s settlement payment.

Settlement Payments to Participating Class Members. If the Settlement is granted final approval, unless the Court orders otherwise, after deduction of any Court-approved attorneys’ fees, litigation expenses, service payments to the Class RepresentativesRepresentatives and/or other Class Members who assisted Class Counsel, and expenses of settlement administration, the remaining amount (“Net Settlement Amount”) will be divided equally between the Participating Class Members. As soon as practicable after the Effective Date of the Settlement, the Settlement Administrator will mail transmit to each Participating Class Member a check representing that person’s settlement payment.