Examples of Cash Payment in a sentence
On or before the Class Notice Date, the Claims Administrator shall mail (and, where possible, email) the Short Form Notice, with an attached “tear off” claim form with prepaid postage for those who wish to make claims that do not require documentation, e.g., Claims for a Residual Cash Payment and/or Credit Monitoring Services, substantially in the form of Exhibit B hereto.
The amount of the payment will be calculated by dividing the funds remaining in the Settlement Fund after payment of Claims for Ordinary Out-of-Pocket Losses, Claims for Extraordinary Losses and Attested Time, costs of Credit Monitoring Services, notice and administration costs, service award payments approved by the Court, and attorneys’ fees and expenses awarded by the Court by the number of Residual Cash Payment claimants, and thus could be less than $550.
These services will be made available to all Settlement Class Members who choose to enroll regardless of whether they submit a Claim for Ordinary Out-of-Pocket Losses, a Claim for Extraordinary Losses and Attested Time, and/or a Claim for a Residual Cash Payment under the settlement.
Plaintiffs’ counsel may select the font, size, and emphasis for the $550 cap on the Residual Cash Payment and their placement within the notice and claim forms, subject to approval from Defendant’s counsel, which shall not be unreasonably withheld.
Option 1 - Submit a Claim Form Online to Be Eligible for a Cash Payment If you submit a valid claim form online by [DATE], you may receive a payment.