Uncashed Settlement Payment Checks. All checks issued by the Settlement Administrator to Eligible Claimants shall remain valid for 180 days. Any check sent to an Eligible Claimant during the Claim Period that is not cashed within 180 days shall be void but a new check shall be reissued to the applicable Eligible Claimant upon request during the Claim Period. After 180 days following the expiration of the Claim Period, any uncashed check shall be eligible for escheatment to the applicable state governmental body pursuant to state law without the need to wait for the conclusion of any state dormancy period. Any and all escheatment obligations are those of the Settlement Administrator and not the Parties. The Settlement Administrator may send check-cashing reminders to Eligible Claimants who have not yet cashed their check and may call Eligible Claimants to remind them to cash their checks.
Uncashed Settlement Payment Checks. Ninety (90) days in advance of the 180-day checking cashing deadline, the Settlement Administrator shall send a check-cashing reminder by email and/or postcard (if email is unavailable) to Settlement Class Members who were sent but have not yet cashed their check.
Uncashed Settlement Payment Checks. All Settlement Payment checks issued by the Settlement Administrator to Eligible Claimants shall remain valid for 180 days. Any Settlement Payment check that is not cashed within 180 days shall be void. Any residual funds from uncashed checks shall be applied toward paying the Settlement Administration Costs.
Uncashed Settlement Payment Checks. Pursuant to the Settlement Agreement, any residual funds from uncashed Settlement Payment checks shall be applied toward paying the Settlement Administration Costs.
Uncashed Settlement Payment Checks. All checks issued by the Settlement Administrator to Eligible Claimants shall remain valid for one hundred eighty (180) days. Any check sent to an Eligible Claimant during the Claim Period that is not cashed within one hundred eighty (180) days shall be void, but a new check shall be reissued to the applicable Eligible Claimant upon request during the Claim Period. After one hundred eighty (180) days following the expiration of the Claim Period, any uncashed check shall be eligible for escheatment to the applicable state governmental body pursuant to state law without the need to wait for the conclusion of any state dormancy period. Any and all escheatment obligations are those of the Settlement Administrator and not the Parties. The Settlement Administrator may send check- cashing reminders to Eligible Claimants who have not yet cashed their check and may call Eligible Claimants to remind them to cash their checks.
Uncashed Settlement Payment Checks. All checks issued by the Settlement Administrator to Eligible Claimants shall remain valid for 180 days. Any check sent to an Eligible Claimant that is not cashed within 180 days shall be void. Both ninety (90) days and thirty (30) days in advance of this 180-day deadline, the Settlement Administrator shall send check-cashing reminders by email to Eligible Claimants who were sent but who have not yet cashed their check, and may also call and/or mail Eligible Claimants to remind them to cash their checks.
