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

Settlement Payments to Settlement Class Members. a. The Settlement Administrator shall send each Settlement Class Member a Settlement Payment by check from the Settlement Fund within twenty-eight (28) days of the Effective Date via First Class U.S. Mail to their last known mailing address, as updated through the National Change of Address database if necessary by the Settlement Administrator. No claims procedure will be required.

Settlement Payments to Settlement Class Members. a. The Settlement Administrator shall send each Settlement Class Member a Settlement Payment by check from the Settlement Fund within twenty-eight (28) days of the Effective Date via First Class U.S. Mail to their last known mailing address, as updated through the National Change of Address NCOA database if necessary by the Settlement Administrator. No claims procedure will be required.