Common use of Uncashed Settlement Checks Clause in Contracts

Uncashed Settlement Checks. Any checks issued under this Settlement shall be negotiable for 120 calendar days. Individual checks that have not been negotiated within 120 calendar days after issuance, if any, shall be void, and the underlying funds shall returned to the Net Payment Fund.

Appears in 2 contracts

Samples: Class Action Settlement Agreement, Class Action Settlement Agreement

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Uncashed Settlement Checks. Any checks issued under this Settlement settlement shall be negotiable for 120 at least ninety (90) calendar days. Individual checks that have not been negotiated within 120 ninety (90) calendar days after issuance, if any, shall be void, and the underlying funds shall returned be paid by the Settlement Administrator to the Net Payment FundCy Pres Recipients.

Appears in 1 contract

Samples: Settlement Agreement

Uncashed Settlement Checks. Any checks issued under this Settlement settlement shall be negotiable for 120 at least ninety (90) calendar days. Individual checks that have not been negotiated within 120 ninety (90) calendar days after issuance, if any, shall be voidvoid and a second distribution shall be made. Following that second distribution, and the underlying funds shall returned to the Net Payment Fund.checks that have not been negotiated within ninety

Appears in 1 contract

Samples: Settlement Agreement

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Uncashed Settlement Checks. Any checks issued under this Settlement settlement shall be negotiable for 120 at least ninety (90) calendar days. Individual checks that have not been negotiated within 120 ninety (90) calendar days after issuance, if any, shall be void, and the underlying funds shall returned be paid by the Settlement Administrator to the Net Payment FundCy Pres Recipient.

Appears in 1 contract

Samples: Settlement Agreement

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