Alternative Cash Payment definition

Alternative Cash Payment means a 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 70(iv).

Alternative Cash Payment means a cash payment provided in accordance with clause 14.5.

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.

Examples of Alternative Cash Payment in a sentence

• A Settlement Class Member shall not be required to submit any documentation or additional information in support of their claim for an Alternative Cash Payment.

• In the event of any ambiguities in the Claim Form, the Settlement Administrator must contact the Settlement Class Member prior to making a determination as to its validity and, specifically, to determine whether the Settlement Class Member wishes to file a claim for an Alternative Cash Payment or any other benefits made available under this Settlement Agreement.

• Settlement Class Members who are eligible for both the Tier 1 Alternative Cash Payment and the Tier 2 Alternative Cash Payment may only elect one of these Settlement benefits.

• The amount of each Alternative Cash Payment shall be calculated by dividing the Post-Loss Net Settlement Fund by the number of valid claims for Alternative Cash Payments.

• If a Participating Settlement Class Member attempts to claim both Credit Monitoring Services and Alternative Cash Payment under the Settlement, the Settlement Administrator is authorized to contact the Settlement Class Member (by e-mail, telephone, or U.S. mail) to seek clarification regarding which benefit he or she would like to select.

• In lieu of making a monetary claim under Sections 3.2(a) or 3.2(b) above, Settlement Class Members may submit a claim to receive a flat-fee Alternative Cash Payment.

• If you claim the Alternative Cash Payment, you give up the right to receive reimbursement for Unreimbursed Losses, Lost Time, and Credit Monitoring.

• On the Effective Date, any and all funds in the Indemnity Account and the Segregated Proceeds Account shall be released to the Master Trustee for the benefit of the Holders of the Bonds, and used, in accordance with the True-Up Agreement, for debt service reduction, including pursuant to the Alternative Cash Payment Option.

• If not, your claim will be considered a Tier 2 Alternative Cash Payment.

• Primary data were collected through questionnaires while secondary data were collected by theuse of text books, journals, newspapers, daily newspapers, internet sources, and other relevant publications.

More Definitions of Alternative Cash Payment

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 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 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.