to Settlement Class Members Sample Clauses

to Settlement Class Members. 59. The IPEX Funding Entities shall fund a settlement of US $125,000,000.00 to be held in escrow and trust and thereafter distributed in a manner created by Class Counsel and approved by the Courts that grant the Preliminary Approval Orders and the Final Orders and Judgments as part of the Claims Process, including payments of claims to be determined by an independent Claims Administrator to be appointed by the Courts as contemplated in paragraph 67. Consistent with the terms of this Agreement, the IPEX Funding Entities shall deposit the US $125,000,000.00 into a Settlement Fund to be held in escrow and trust, up to US $100,000,000.00 of which may be used to compensate the Settlement Classes, the cost of administration and notice, and up to US $25,000,000.00 of which may be used to pay any award of attorneys' fees and costs, as ordered by the Courts. Accordingly, within 15 business days from entry of the last of the Preliminary Approval Orders, the IPEX Funding Entities shall pay into the settlement account established by this Agreement the sum of US $125,000,000.00.
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to Settlement Class Members. The Settlement Administrator will pay Settlement Class Members pursuant to the Claims Process and Distribution Plan set forth below in Paragraph 3.4. All payments to Settlement Class Members shall be made from the Settlement Fund.
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to Settlement Class Members whose Settlement Claims the Settlement Administrator preliminary determines meet the eligibility criteria of the Agreement, the Settlement Administrator will, after the Effective Date, send a Notice of Approved Claim in the form attached hereto as Exhibit H. The Notice of Approved Claim will direct the Settlement Class Member to contact Pella’s Customer Service Department at (000) 000-0000 for information regarding possible benefits under the product warranty and the ProLine Service Enhancement Program, and any cash benefits, if applicable. Pella will administer its product warranty and the PSEP in their normal course, including the ability to reject claims for damages not covered by the Warranty or the PSEP. Cash benefits, if any, will be determined under the terms of this Agreement. After all such claims have been processed and paid, if applicable, Pella Corporation, through its counsel, will provide Lead Class Counsel a report of claims applied for and claims paid under this provision.
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to Settlement Class Members. All checks issued to the Settlement Class member claimants in accordance with this Paragraph shall indicate on their face that they are void after one hundred and eighty (180) days from the date issued (“Void Date”). Any monies received as a result of the Assigned Claims, net of attorneys’ fees and costs and claims administration costs, as specified in Paragraphs 29 and 33, will be distributed pro rata as an additional payment to the Settlement Class Members who submitted valid Claim Forms and to whom payment awards were issued pursuant to paragraph 44.
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Related to to Settlement Class Members

  • Settlement Class Members “Settlement Class Members” shall mean all persons in the Settlement Class who do not exclude themselves pursuant to Section V herein.

  • Notice to Settlement Class Members 5.1 The Parties agree that the following Notice Program provides reasonable notice to the Settlement Class.

  • Payments to Settlement Class Members (a) Defendant shall pay into the Escrow Account the amount of the Settlement Fund ($1,650,000.00 USD), specified in Section 1.31 of this Agreement, within thirty-five (35) days after Preliminary Approval.

  • Settlement Class 2. Pursuant to Rule 23(e)(1)(B)(ii) of the Federal Rules of Civil Procedure, the Court preliminarily finds that the Court will likely find that the requirements of Federal Rules of Civil Procedure 23(a) and 23(b)(3) have been satisfied for settlement and judgment purposes only. As to the requirements of Rule 23(a) for settlement purposes only, (i) the Settlement Class provisionally certified herein likely exceeds 100,000 individuals, and joinder of all would be impracticable; (ii) there are questions of law and fact common to the Settlement Class; (iii) Class Representatives’ claims are typical of the claims of the Settlement Class they seek to represent for purposes of settlement; and (iv) Class Representatives are adequate representatives of the Settlement Class. As to the requirements of Rule 23(b)(3) for settlement purposes only, questions of law and fact common to the Settlement Class predominate over any questions affecting any individual Settlement Class Member, and a class action on behalf of the Settlement Class is superior to other available means of settling and disposing of this dispute.

  • Notice to Class Members 8.4.1 No later than three (3) business days after receipt of the Class Data, the Administrator shall notify Class Counsel that the list has been received and state the number of Class Members, PAGA Members, Workweeks, and Pay Periods in the Class Data.

  • Certification of Settlement Class Promptly after execution of the Settlement Agreement, Class Counsel will ask the Court to issue an order certifying the Settlement Class for settlement purposes only. Xxxxx agrees not to object to this request without waiver of its right to contest certification or the merits of the Lawsuit if the settlement does not receive final approval or the Effective Date (defined in paragraph 14 below) does not occur.

  • Settlement Class Certification The Settling Parties agree, for purposes of this settlement only, to the certification of the Settlement Class. If the settlement set forth in this Settlement Agreement is not approved by the Court, or if the Settlement Agreement is terminated or cancelled pursuant to the terms of this Settlement Agreement, this Settlement Agreement, and the certification of the Settlement Class provided for herein, will be vacated and the Litigation shall proceed as though the Settlement Class had never been certified, without prejudice to any Person’s or Settling Party’s position on the issue of class certification or any other issue. The Settling Parties’ agreement to the certification of the Settlement Class is also without prejudice to any position asserted by the Settling Parties in any other proceeding, case or action, as to which all of their rights are specifically preserved.

  • Rollovers of Exxon Xxxxxx Settlement Payments If you receive a qualified settlement payment from Exxon Xxxxxx litigation, you may roll over the amount of the settlement, up to $100,000, reduced by the amount of any qualified Exxon Xxxxxx settlement income previously contributed to a Traditional or Xxxx XXX or eligible retirement plan in prior taxable years. You will have until your tax return due date (not including extensions) for the year in which the qualified settlement income is received to make the rollover contribution. To obtain more information on this type of rollover, you may wish to visit the IRS website at xxx.xxx.xxx.

  • Rollovers of Settlement Payments From Bankrupt Airlines If you are a qualified airline employee who has received a qualified airline settlement payment from a commercial airline carrier under the approval of an order of a federal bankruptcy court in a case filed after September 11, 2001, and before January 1, 2007, you are allowed to roll over any portion of the proceeds into your Xxxx XXX within 180 days after receipt of such amount, or by a later date if extended by federal law. For further detailed information and effective dates you may obtain IRS Publication 590-A, Contributions to Individual Retirement Arrangements (IRAs), from the IRS or refer to the IRS website at xxx.xxx.xxx.

  • Participating Class Members The Administrator will send, by U.S. mail, a single check to every Participating Class Member (i.e., every Class Member who doesn’t opt-out) including those who also qualify as Aggrieved Employees. The single check will combine the Individual Class Payment and the Individual PAGA Payment.

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