Claim Settlement Payment definition

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

  • 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.

  • 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 consideration for the Releases set forth in Section V of this Agreement, Defendant shall provide the following relief: Settlement Class Members must submit a timely, valid, and verified Claim Form, by the Claim Deadline in the manner required by this Agreement, to receive a Claim Settlement Payment from the Settlement Fund.

  • The Administrator shall mail, by first class mail, a check to each eligible Settlement Class Member receiving a Claim Settlement Payment.

  • Settlement Class Members must submit a timely, valid, and verified Claim Form, by the Claim Deadline in the manner required by this Agreement, to receive a Claim Settlement Payment from the Settlement Fund.

  • Within ten (10) days of receipt of funds, the Administrator shall mail to each Claimant, as determined above, a Settlement Check for the Claim Settlement Payment to which each Claimant is entitled.

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

  • Settlement Class Members shall be permitted to make a Claim for a Claim Settlement Payment by sending by U.S. mail a written and fully and accurately completed Claim Form, or by submitting a claim on the Settlement Website, on a date no later than the Claim Deadline.

  • Each Settlement Class Member who submits an Approved Claim shall receive a Claim Settlement Payment from the Settlement Fund.

  • Any Settlement Class Member who fails to submit a timely, accurate and fully completed, valid Claim Form, shall not be entitled to receive a Claim Settlement Payment, but shall otherwise be bound by all of the terms in this Agreement, including the terms of the Final Approval Order and the Releases in this Agreement, and shall be permanently barred and enjoined from bringing any action, claim, or other proceeding of any kind against any Released Parties concerning any Released Claims.


More Definitions of Claim Settlement Payment

Claim Settlement Payment means the sole payment to which a Class Member
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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.
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Claim Settlement Payment means the payment to be made to Settlement Class
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Related to Claim Settlement Payment

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Individual Settlement Payment means the amount payable from the Net

  • Structured settlement payment rights means rights to receive periodic payments under a structured settlement, whether from the structured settlement obligor or the annuity issuer, where:

  • Settlement Claim means a claim for settlement benefits made under the terms of this Settlement Agreement.

  • Gross Settlement Amount means $950,000.00 which is the total amount Defendant agrees to pay under the Settlement except as provided in Paragraph 9 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.