Alternative Cash Payment definition

Alternative Cash Payment means a pro rata cash payment of One Hundred Dollars and Zero Cents ($100.00), which a Class Member may claim in lieu of any other benefits under this Settlement Agreement, as set forth in Paragraph 63(iv).
Alternative Cash Payment means the $50 cash payment that can be claimed by Settlement Class members in the alternative to claims for Unreimbursed Losses, Lost Time, and Credit Monitoring.
Alternative Cash Payment means a cash payment provided in accordance with clause 14.5.

Examples of Alternative Cash Payment in a sentence

  • Class Members may combine a claim for Credit Monitoring and Identity Protection Services with either a claim for Alternative Cash Payment or with claims for reimbursement of Documented Out-of-Pocket Losses and/or compensation for Lost Time.

  • These services will be made available to all Settlement Class Members who choose to enroll regardless of whether they submit a claim for Out-of-Pocket Losses, Lost Time, or Alternative Cash Payment under the settlement.

  • You do NOT need to submit documentation to make a claim for an Alternative Cash Payment.

  • Payments for Approved Claims for reimbursement for Documented Out-of-Pocket Losses, Lost Time, and/or Alternative Cash Payment shall be issued in the form of a check mailed as soon as practicable after the allocation and distribution of funds are determined by the Settlement Administrator following the Effective Date.

  • No documentation is required for claiming an Alternative Cash Payment or the Credit Monitoring and Identity Theft Protection Services.

  • To receive the Alternative Cash Payment, Settlement Class Members must submit a valid Claim Form indicating the selection of an Alternative Cash Payment.

  • The election to receive an Alternative Cash Payment does not preclude Class Representatives from receiving a Court approved Service Award Payment or Credit Monitoring and Identity Theft Protection Services.

  • If you choose an Alternative Cash Payment, you may not select reimbursement of Out-of-Pocket Losses or Lost Time.

  • In such an event, no Net Settlement Funds will be distributed for Approved Claims for Credit Monitoring and Identity Theft Protection Services or Approved Claims for Alternative Cash Payment.

  • For purposes of clarity, if a Settlement Class Member submits a claim for Out-of-Pocket Losses or Lost Time (or both), they shall not be entitled to submit a claim for Alternative Cash Payment.


More Definitions of Alternative Cash Payment

Alternative Cash Payment means a payment (estimated to be $60) to each Settlement Class Member who elects to receive this payment in lieu of the other Settlement benefits, to be calculated as provided in Paragraph 63. Any Settlement Class Member who elects to receive the Alternative Cash Payment will not be eligible to receive reimbursement for Out of Pocket Losses, Lost Time , or Credit Monitoring and Identity Theft Protection Servicesdescribed herein.
Alternative Cash Payment means a pro rata cash payment to each Settlement Class Member who elects to receive this payment in lieu of other benefits available under this Agreement (excluding Court-approved Service Award Payments), as described more fully in Paragraph 61.
Alternative Cash Payment means the $50.00 in compensation for each eligible Claim filed that does not seek compensation for Out-of-Pocket Losses, as that term is defined in Paragraph 29.
Alternative Cash Payment means, collectively: (a) the Series 1997A Alternative Cash Payment and (b) the Series 2002A Alternative Cash Payment.

Related to Alternative Cash Payment

  • Unrestricted Cash Amount means, as to any Person on any date of determination, the amount of (a) unrestricted Cash and Cash Equivalents of such Person whether or not held in an account pledged to the Collateral Agent and (b) Cash and Cash Equivalents of such Person restricted in favor of the Facilities (which may also include Cash and Cash Equivalents securing other Indebtedness secured by a Lien on any Collateral along with the Facilities), in each case as determined in accordance with GAAP; it being understood and agreed that proceeds subject to Escrow shall be deemed to constitute “restricted cash” for purposes of the Unrestricted Cash Amount.

  • Daily Cash Amount means, with respect to any VWAP Trading Day, the lesser of (A) the applicable Daily Maximum Cash Amount; and (B) the Daily Conversion Value for such VWAP Trading Day.