Claim Settlement Payment definition

Claim Settlement Payment means the sole payment to which a Class Member filing a valid and timely Claim Form may be entitled, as described in Section 6.

Claim Settlement Payment means the payment to be made to Settlement Class Members who submit properly completed and timely Claim Forms to the Administrator, and who qualify for such relief under this Agreement.

Claim Settlement Payment means the sole payment to which a Claimant may be entitled, as described in Sections 6 and 7.

Examples of Claim Settlement Payment in a sentence

• If the Settlement Check is not timely returned, or if the Settlement Check is negotiated prior to final and binding resolution by the Neutral Evaluator, then the dispute resolution process will be automatically terminated and the Class Member is not entitled to any further Claim Settlement Payment.

• In order to dispute a Claim Settlement Payment or denial of a claim and invoke the neutral resolution process, a Class Member must return any uncashed Settlement Check to the Administrator and explain in writing the reason for their dispute, as well as provide any supporting documentation, postmarked within thirty (30) days of the date shown on the notice sent to that Class Member.

• Any Settlement Class Claimant’s failure to provide any of the required affirmations or information shall result in the Claim being deemed invalid, and Defendant shall not have any further obligation to process or make any Claim Settlement Payment on such invalid Claim.

• In order to dispute a Claim Settlement Payment or denial of a claim and invoke arbitration, a Class Member must return any uncashed settlement check to the Administrator and explain in writing the reason for their dispute, as well as provide any supporting documentation, within thirty (30) days of the date of the notice.

• In addition, the Administrator shall send a notice to all Class Members who submitted a Claim Form, regardless of whether a Claim Settlement Payment was issued, explaining that Class Members may dispute the amount of the Claim Settlement Payment or denial of their claim by requesting in writing final and binding arbitration by the Neutral Evaluator.

• Settlement Class Members shall be permitted to make a Claim for a Claim Settlement Payment by submitting a claim on the Settlement Website on a date no later than the Claim Deadline.

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• Claim Form” means the pre-addressed form that will be appended to the Class Notice, which a potential Class Member must complete and timely submit, subject to the provisions of this Agreement, to be eligible for a Claim Settlement Payment.

• Within ten (10) days of receipt of funds, the Administrator shall mail to each Class Member who timely submitted an eligible Claim Form, as determined above, a settlement check for the Claim Settlement Payment to which each Class Member is entitled.

• Within ten (10) days of receipt of funds from Defendant, the Administrator shall mail to each Class Member who timely submitted a completed Claim Form check for the Claim Settlement Payment to which each Class Member is entitled, if any.

More Definitions of Claim Settlement Payment

Claim Settlement Payment means the sole payment to which a Class Member

Claim Settlement Payment means the payment in the gross amount of $1,321.00 (with an estimated net payment amount of $700.00-$800.00) to be made to each Settlement Class Member who does not timely opt-out of the Agreement.

Claim Settlement Payment means the sole payment to which a Class Member filing a valid and timely Claim Form may be entitled, as described in Section 6 and 7.