Claimants definition

Claimants means any Persons who have submitted a Claim to the Receiver or to the Joint Liquidators. Where a Claim has been transferred to a third party and such transfer has been acknowledged by the Receiver or the Joint Liquidators, the transferee is a Claimant, and the transferor is not a Claimant unless the transferor has retained a Claim that has not been transferred. Where the Receiver or the Joint Liquidators have disallowed a Claim and the disallowance has become Final, then the submission of the disallowed Claim does not make the Person who submitted it a Claimant.
Claimants means any owners, beneficiaries, assignees, certificate holders, or third-party
Claimants means any Persons who have submitted a Claim to the Receiver or to the Joint Liquidators.

Examples of Claimants in a sentence

  • Eligible Claimants shall receive an initial payment of 70% of the Re-Plumb Calculation, and at the end of the Claim Period, the Eligible Claimants shall receive a second pro rata payment which, depending on the claim rate, shall make the total payment up to 80% of their Re-Plumb Calculation.

  • In the event that there are multiple Eligible Claimants who file a Claim Form relating to the same Qualifying Leak(s), the Settlement Administrator will determine the proportionate share of recovery based on the total amount allowed for such Claim based upon what each Eligible Claimant documented they paid out-of-pocket and for which they were not reimbursed.

  • All checks issued by the Settlement Administrator to Eligible Claimants shall remain valid for one hundred eighty (180) days.

  • Interest earned on monies in the Settlement Escrow Account shall accrue to the benefit of the Settlement Class and shall be available to pay Eligible Claimants; shall be credited toward the balance Bow is required to maintain in the Settlement Escrow Account; and shall revert to Bow in the event the settlement fund is not exhausted following the close of the Claim Period, and after all timely Claims have been determined and paid as set forth herein.

  • The Settlement Administrator may send check- cashing reminders to Eligible Claimants who have not yet cashed their check and may call Eligible Claimants to remind them to cash their checks.


More Definitions of Claimants

Claimants shall have the meaning given in Paragraph 33.
Claimants means KPIC or Health Plan. “Respondent(s)” means the member or member’s family or representative.
Claimants. Counsel” means Joseph F. Rice, Esquire and Perry Weitz, Esquire, collectively, in their capacity under the Claimant Agreement as the representatives of certain holders of Asbestos Personal Injury Claims.
Claimants means any owners, beneficiaries, assignees, certificate holders, or third-party beneficiaries of any insurance benefit or right arising out of and within the coverage of an insurance policy, annuity contract, benefit contract, or subscription contract.
Claimants mean those Settlement Class Members who submit a timely and Valid Claim Form.
Claimants. Advisory Committee” means those persons selected pursuant to the terms of the Settlement Facility Agreement to represent the interests of Personal Injury Claimants after the Effective Date.
Claimants means any Party which, either separately or together with any other Party or Parties, initiates an arbitration under this Arbitration Agreement.