Those Settlement Sample Clauses

The "Those Settlement" clause defines the terms and procedures for resolving outstanding obligations or disputes between parties, typically at the conclusion of a contract or transaction. In practice, this clause outlines how payments, deliverables, or other responsibilities are to be finalized, specifying timelines, methods of settlement, and any conditions that must be met before the settlement is considered complete. Its core function is to ensure that all parties have a clear understanding of how and when their remaining duties will be fulfilled, thereby preventing future disagreements and facilitating a smooth conclusion to the contractual relationship.
Those Settlement. Class Members whose responses meet the agreed-upon criteria will be eligible for a Medical Evaluation.
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Those Settlement. Class Members who make a payment selection by the Response Deadline and those for whom valid, current payment information can be confirmed will receive either $20 for each Covered Device or, if necessary, a pro rata portion of the Net Settlement Fund less than $20. If, following the Response Deadline for Settlement Class Members to make a payment selection and provide payment information, it appears that the Net Settlement Fund minus the sum of all Class Payments will exceed $50,000, then each Settlement Class Member who has made a payment selection by the Response Deadline and those for whom valid, current payment information can be confirmed will receive an equal, total payment of up to a maximum of $50 for each Covered Device. There can be only one Class Payment per Covered Device. This allocation is subject to modification by agreement of the Parties without further notice to members of the Settlement Class, provided any such modification is approved by the Court.
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Those Settlement. Class Members who submit a Claim Form (“Claimants”) will be asked to provide identifying information. The Claimant will have the
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Those Settlement. Class Members who would have had a valid claim for automobile policy coverage with KFB but for KFB’s use of the “Dual Purpose Notice” resulting in purported cancellation of their automobile policy for failure to pay the premium by the date stated on the “Dual Purpose Notice” when the claim for coverage arose within ten (10) days of the purported policy cancellation and there was no similar coverage with another carrier, can timely submit a Claim Form (attached as Ex. E) requesting that KFB review the claim as if the policy had not been cancelled provided that the Settlement Class Member cooperates with gathering the necessary information to evaluate the claim. All available defenses, other than policy cancellation for failure to pay premium, that KFB might have with respect to determining whether any such claim should be paid and in what amount will be applicable, including but not limited to prior resolution of the claim through a Court proceeding, settlement and release, payment, accord and satisfaction, and all applicable statutory or contractual limitations. The only relief available to Settlement Class Members who file Claim Forms pursuant to this provision is for actual contractual damages. No extra-contractual damages or derivative extra-contractual claims of any kind will be available through this process. No attorneys’ fees or costs other than those described herein are to be awarded through this process. KFB will process the Claim Form and provide written notification of the resolution of the Claim to the Settlement Class Member within 90 days of receipt of the Claim. The Settlement Class Member has 14 days after the date that KFB mails written notification to the Settlement Class Member at the address provided on their Claim Form of resolution of the Claim to contact KFB to contest the resolution of the Claim. The Settlement Class Member will have thirty (30) days after the date that KFB mails written notification to the Settlement Class Member at the address provided on their Claim Form of resolution of the Claim to submit the Claim to binding arbitration to be held in Jefferson County, Kentucky in accordance with the provisions of the American Arbitration Association and its Consumer Arbitration Rules or Commercial Arbitration Rules with each party to bear their own costs, attorneys’ fees, and expenses related to the arbitration proceeding. The written notification by KFB shall clearly provide to the Settlement Class Member the deadline to con...
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Related to Those Settlement

  • The Settlement Following mediation with a neutral party, a Settlement has been reached. As part of the Settlement, a Qualified Settlement Fund of $39,500,000 will be established to resolve the Class Action. The Net Settlement Amount is $39,500,000 minus any Administrative Expenses (including taxes and tax expenses), Court-approved Attorneys’ Fees and Costs, and Class Representative Compensation. The Net Settlement Amount will be allocated to Class Members according to a Plan of Allocation to be approved by the Court.

  • Cashless Settlement Notwithstanding anything to the contrary contained in this Agreement, any Lender may exchange, continue or rollover all or a portion of its Loans in connection with any refinancing, extension, loan modification or similar transaction permitted by the terms of this Agreement, pursuant to a cashless settlement mechanism approved by the Borrower, the Administrative Agent and such Lender.

  • Trade Settlement Transactions will be settled using practices customary in the jurisdiction or market where the transaction occurs. The Fund understands that when the Custodian is instructed to deliver Securities against payment, delivery of such Securities and receipt of payment therefor may not be completed simultaneously. The Fund assumes full responsibility for all risks involved in connection with the Custodian’s delivery of Securities pursuant to Authorized Instructions in accordance with local market practice.

  • Time of Settlement RSUs shall be settled promptly upon expiration of the Restricted Period without forfeiture of the RSUs (i.e., upon vesting), but in any event within 60 days after expiration of the Restricted Period, by delivery of one share of Common Stock for each RSU being settled, or, at the discretion of the Company, the cash equivalent thereof; provided, however, that settlement of an RSU shall be subject to Plan Section 11(k), including if applicable the six-month delay rule in Plan Sections 11(k)(i)(C)(2) and 11(k)(i)(G); provided further, that no dividend or dividend equivalents will be paid, accrued or accumulated in respect of the period during which settlement was delayed. (Note: This rule may apply to any portion of the RSUs that vest after the time you become Retirement eligible under the Plan, and could apply in other cases as well). Settlement of RSUs which directly or indirectly result from adjustments to RSUs shall occur at the time of settlement of, and subject to the restrictions and conditions that apply to, the granted RSUs. Settlement of cash amounts which directly or indirectly result from adjustments to RSUs shall be included as part of your regular payroll payment as soon as administratively practicable after the settlement date for the underlying RSUs, and subject to the restrictions and conditions that apply to, the granted RSUs. Until shares are delivered to you in settlement of RSUs, you shall have none of the rights of a stockholder of the Company with respect to the shares issuable in settlement of the RSUs, including the right to vote the shares and receive actual dividends and other distributions on the underlying shares of Common Stock. Shares of stock issuable in settlement of RSUs shall be delivered to you upon settlement in certificated form or in such other manner as the Company may reasonably determine. At that time, you will have all of the rights of a stockholder of the Company.

  • Loss Settlement In this Condition D., the terms "cost to repair or replace" and "replacement cost" do not include the increased costs incurred to comply with the enforcement of any ordinance or law, except to the extent that coverage for these increased costs is provided in E.11. Ordinance Or Law under Section I – Property Coverages. Covered property losses are settled as follows: 1. Property of the following types: a. Personal property; b. Awnings, carpeting, household appliances, outdoor antennas and outdoor equipment, whether or not attached to buildings; c. Structures that are not buildings; and d. Grave markers, including mausoleums; 2. Buildings covered under Coverage A or B at replacement cost without deduction for depreciation, subject to the following: a. If, at the time of loss, the amount of insurance in this policy on the damaged building is 80% or more of the full replacement cost of the building immediately before the loss, we will pay the cost to repair or replace, without deduction for depreciation, but not more than the least of the following amounts: (1) The limit of liability under this policy that applies to the building; (2) The replacement cost of that part of the building damaged with material of like kind and quality and for like use; or (3) The necessary amount actually spent to repair or replace the damaged building. b. If, at the time of loss, the amount of insurance in this policy on the damaged building is less than 80% of the full replacement cost of the building immediately before the loss, we will pay the greater of the following amounts, but not more than the limit of liability under this policy that applies to the building: (1) The actual cash value of that part of the building damaged; or (2) That proportion of the cost to repair or replace, without deduction for depreciation, that part of the building damaged, which the total amount of insurance in this policy on the damaged building bears to 80% of the replacement cost of the building. c. To determine the amount of insurance required to equal 80% of the full replacement cost of the building immediately before the loss, do not include the value of: (1) Excavations, footings, foundations, piers, or any other structures or devices that support all or part of the building, which are below the undersurface of the lowest basement floor; (2) Those supports described in (1) above which are below the surface of the ground inside the foundation walls, if there is no basement; and (3) Underground flues, pipes, wiring and drains. d. We will pay no more than the actual cash value of the damage until actual repair or replacement is complete. Once actual repair or replacement is complete, we will settle the loss as noted in 2.a. and b. above. However, if the cost to repair or replace the damage is both: (1) Less than 5% of the amount of insurance in this policy on the building; and (2) Less than $2,500;