Examples of Check Cashing Period in a sentence
At the end of the Initial Check Cashing Period, all uncashed Settlement Payment checks will be void.
Motion THAT: Shuswap Watershed Council Service Amendment Bylaw No. 5817, 2020 be adopted, this 17th day of September, 2020.
At any point in the Initial Check Cashing Period, the Administrator shall have the authority to stop payment on a lost Settlement Payment check and issue a new one to a requesting Settlement Collective Member or Participating Class Member, and the Parties agree that all costs associated with doing so shall be paid from the Net Settlement Amount.
Additional Settlement Checks not cashed within the Additional Check Cashing Period will be void, and any amounts attributable to those Settlement Checks shall revert to Defendants, and shall be returned to Defendants within fifteen (15) calendar days following the end of the Additional Check Cashing Period.
If any Participating Class Members do not cash their checks within the 90-day Check Cashing Period, any amounts associated with those Class Members’ uncashed checks will be sent by the Settlement Administrator to the State of Washington with the associated name of the Class Member pursuant to Washington’s Unclaimed Property Act (RCW 63.29, et seq.).
On the 90th day of the Initial Check Cashing Period, the Administrator shall send by postcard and by email (if the Administrator has a personal email address for the payee) to all Settlement Collective Members and Participating Class Members who have not yet cashed their checks a reminder, in the form attached hereto as Exhibit “E,” of the 180-day deadline for cashing their Settlement Payment check.
Any individual who is accepted as a Participating Claimant in accordance with this Section after the date that is fourteen (14) days prior to the distribution of the Settlement Checks but no later than 180 days after the end of the Check Cashing Period, shall be paid from the Reserve Fund.
Within ten days of the conclusion of the Check Cashing Period, Defendant’s Counsel shall inform Class Counsel regarding the status of any uncashed checks, including the amount and identity of the corresponding Settlement Class Member.
The amounts in the QSF attributable to the void and uncashed Settlement Checks shall revert to Defendant, and shall be returned to Defendant within thirty (30) Days following the end of the Check Cashing Period.
Any checks issued to Settlement Class Members shall remain valid and negotiable during the Check Cashing Period.