Claiming Settlement Class Member definition

Claiming Settlement Class Member means a Settlement Class Member who submits a valid and timely Claim Form.

Examples of Claiming Settlement Class Member in a sentence

  • Within fourteen (14) days after the Funding Date, the Settlement Administrator shall mail equal payments to each Settlement Class Member in the Automatic Payment Category and each Claiming Settlement Class Member to the last known address reflected in the Class List or the updated address previously used during the Settlement Class Notice Plan.

  • The Claims Administrator shall report the taxes withheld from the wages of each Claiming Settlement Class Member as required by law via a W-2 form, and shall immediately pay over all such withheld funds, plus the employer’s contribution, to the appropriate State and Federal taxing authorities.

  • The Claims Administrator shall provide each Claiming Settlement Class Member with appropriate documentation setting forth the amount of any tax or other payment withheld, and employer contribution made, in accordance with State and Federal tax requirements.

  • Should a Settlement Class Member Who Disputed submit a Claim anyway, thereby becoming a Claiming Settlement Class Member, such individual shall receive the same payment as if they were only a member of one of those categories.

  • Any Settlement Class Member who does not make a claim (i.e., become a Claiming Settlement Class Member) shall not receive any Individual Settlement Award.

  • The total Individual Settlement Awards claimed by Claiming Settlement Class Members shall be the “Claimed Settlement Amount.” If each and every individual Settlement Class Member is a Claiming Settlement Class Member, then the Claimed Settlement Amount, plus the PAGA Allocation, shall equal the Potential Gross Settlement Proceeds.

  • After appropriate tax withholding, the net payment to be received by each Claiming Settlement Class Member shall be designated as the “Net Payment,” and said sum shall be paid as provided in this Settlement Agreement.

  • Moreover, Irish citizens living in the UK do not need to apply to the EU Set- tlement Scheme or to do anything to safeguard their status within the country, before or after Brexit114.

Related to Claiming Settlement Class Member

  • Settlement Class Member means each person and entity who or which is a member of the Settlement Class.

  • Settlement Class Members means any member of the Settlement Class.

  • Settlement Class means, in respect of each Proceeding, the settlement class defined in Schedule A.

  • Settlement Classes means the Ontario Settlement Class and the Quebec Settlement Class.

  • Settlement Class Counsel means the law firm of Xxxxxx Xxxxxx Xxxxx Xxxxxxx LLP.

  • Individual Settlement Payment means the amount payable from the Net

  • Settlement Class Period means the period from March 3, 2018 through February 10, 2022.

  • Class Member means a member of the Class.

  • Class Prepayment Distribution Trigger For a Class of Subordinate Certificates for any Distribution Date, the Class Prepayment Distribution Trigger is satisfied if the fraction (expressed as a percentage), the numerator of which is the aggregate Current Principal Amount of such Class and each Class of Subordinate Certificates subordinate thereto, if any, and the denominator of which is the Scheduled Principal Balance of all of the Mortgage Loans as of the related Due Date, equals or exceeds such percentage calculated as of the Closing Date.

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

  • Participating Class Member means a Class Member who does not submit a valid and timely Request for Exclusion from the Settlement.

  • Prepayment Distribution Trigger With respect to any Distribution Date and any Class of Subordinate Certificates (other than the Class M-1 Certificates), a test that shall be satisfied if the fraction (expressed as a percentage) equal to the sum of the Certificate Principal Balances of such Class and each Class of Subordinate Certificates with a Lower Priority than such Class immediately prior to such Distribution Date divided by the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) immediately prior to such Distribution Date is greater than or equal to the sum of the related Initial Subordinate Class Percentages of such Classes of Subordinate Certificates.

  • Qualified Settlement Fund or “Settlement Fund” means the interest-bearing, settlement fund account to be established and maintained by the Escrow Agent in accordance with Article 5 herein and referred to as the Qualified Settlement Fund (within the meaning of Treas. Reg. § 1.468B-1).

  • Participating Class Members means all Class Members who do not submit valid

  • Class Members means all individuals in the Settlement Class, including the Class Representatives.

  • Structured settlement annuity means an annuity purchased in order to fund periodic payments for a plaintiff or other claimant in payment for or with respect to personal injury suffered by the plaintiff or other claimant.

  • Payment Claim means the claim for payment made by the Contractor in accordance with this Contract.

  • Disallowed Claim means (a) a Claim, or any portion thereof, that has been disallowed by a Final Order or a settlement, (b) a Claim or any portion thereof that is Scheduled at zero or as contingent, disputed, or unliquidated and as to which a proof of claim bar date has been established but no proof of claim has been timely filed or deemed timely filed with the Bankruptcy Court pursuant to either the Bankruptcy Code or any Final Order of the Bankruptcy Court or otherwise deemed timely filed under applicable law, or (c) a Claim or any portion thereof that is not Scheduled and as to which a proof of claim bar date has been established but no proof of claim has been timely filed or deemed timely filed with the Bankruptcy Court pursuant to either the Bankruptcy Code or any Final Order of the Bankruptcy Court or otherwise deemed timely filed under applicable law.

  • Non-Participating Class Member means any Class Member who opts out of the Settlement by sending the Administrator a valid and timely Request for Exclusion.

  • Physical Settlement Amount For any Settlement Date for which Physical Settlement is applicable, an amount in cash equal to the product of (a) the Forward Price in effect on the relevant Settlement Date multiplied by (b) the Settlement Shares for such Settlement Date.

  • Gross Settlement Fund means the Settlement Amount plus all interest earned thereon.

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • Final Settlement means permanent settlement of the Contractor’s actual allowable costs or expenditures as determined at the time of audit, which shall be completed within three years of the date the year-end cost settlement report was accepted for interim settlement by the State. If the audit is not completed within three years, the interim settlement shall be considered as the final settlement.

  • Final Settlement Statement has the meaning set forth in Section 2.6(b).

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Section 3.3 of the Operating Agreement.

  • 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.