Class Benefit definition

Class Benefit means the monetary payment described in Section II, available to Settlement Class Members who meet eligibility requirements and submit a timely and valid Claim Form.
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Class Benefit means the one-time payment representing Settlement Class Member’s share of the Common Fund.
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Class Benefit shall have the meaning set forth in Article 3.1.
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Examples of Class Benefit in a sentence

  • Insured Policy Effective Date Owner at Issue [XXXX XXX] [July 2, 2016] [The Insured] [00C9999990][35] [Non-Smoker] Policy Number Issue Age Risk Class Termination Date [July 2, 2048] [4A] Occupation Class Benefit Waiting Period [90 days] [Male] Gender Our underwriting experts use risk and occupation class as factors in determining terms of coverage and premium rates.

  • However, the Class Benefit will not automatically renew at the end of the free upgrade month as it would have under the terms of the Original Settlement Agreement.

  • If the cost of total Class Benefit, Administration Costs, Attorneys’ Fee and Expense Payment, and service awards exceeds the amount of the All-In Non-Reversionary Monetary Fund, Knix shall pay a Replenishment Amount not to exceed $600,000 to cover the cost of valid claims that would not otherwise be paid.

  • To be entitled to receive the Class Benefit, Settlement Class Members must accurately and timely submit the Claim Form and any required documentation within 90 days following the Notice Date.

  • Calculation of the Fee Class Benefit Attorneys’ fees are based on a straight lodestar calculation, using the billing rates that I previously determined were reasonable.2 Settlement Agreement Attorneys’ Fees Order, ECF No. 10019, at 7 n.4 (listing rates); id.

  • Netflix is not responsible for providing the Class Benefit to any Class Member who does not receive the redemption email or Class Benefit due to changed account information that has not been provided to Netflix in a timely manner.

  • The Recovery Act also appropriates $2.5 billion to RUS for broadband grants and loans.

  • Any funds remaining of the Distributed Amount following payment of the Total Administration Costs and the Incentive Award shall constitute the “Class Benefit Payment Fund”, which shall be divided equally among the Class Benefit Payees (the “Individual Class Benefit Amounts”).

  • The Special Master shall file with the Court his proposed Class Benefit Formula at least five (5) days prior to the Fairness Hearing.

  • If you opt-out, however, you will also not be entitled to receive the Class Benefit.


More Definitions of Class Benefit

Class Benefit means the benefit provided to Class Members that is set forth in Sections 4.1 and 4.2 of this Amended Agreement.
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Class Benefit means the total amount payable for payments to Settlement Class Members, settlement administration, attorneys’ fees, costs, and expenses and incentive awards.
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Class Benefit has the meaning set forth in Section IV below.
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Related to Class Benefit

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Supplemental Benefit means the monthly benefit payable to the Executive under this Agreement.

  • SERP Benefit means the benefit described in Section 5.1.

  • Retirement Benefit means the benefit set forth in Article 5.

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Public benefit means making capital available, or facilitating the availability of capital, to businesses in this state that have 750 or fewer employees, the intent of which is to create or retain employment opportunities for residents of this state, stabilize or increase the tax base of this state, or support the redevelopment of facilities for use by small businesses.

  • Accrued Benefit have the meanings specified in ERISA.

  • Early Retirement Benefit means the retirement benefit payable to a member following early

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • Monthly Benefit means the monthly amount payable by Liberty to you if you are Disabled or Partially Disabled.

  • Net Benefit means the present value of the Covered Payments net of all federal, state, local, foreign income, employment and excise taxes.

  • Normal Retirement Benefit means the benefit described in Section 2.1.

  • Termination Benefit means the benefit set forth in Article 7.

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • Net death benefit means the amount of the life insurance policy or certificate to be settled less any outstanding debts or liens.

  • relevant benefit means any benefit specified in paragraph 21(2); and

  • Actuarial equivalent means a benefit of equal value when

  • Last Monthly Benefit means the gross Monthly Benefit payable to the Insured Employee immediately prior to death. Any reductions for Other Income Benefits, or for earnings the Insured Employee received for Partial Disability Employment, will not apply.

  • Special benefit means, for purposes of a property-based district, a particular and distinct benefit over and above general benefits conferred on real property located in a district or to the public at large. Special benefit includes incidental or collateral effects that arise from the improvements, maintenance, or activities of property-based districts even if those incidental or collateral effects benefit property or persons not assessed. Special benefit excludes general enhancement of property value.

  • Regular benefits ’ means benefits payable to an individual under this act or under any other state law, including benefits payable to federal civilian employees and to ex-servicemen pursuant to 5 U.S.C. chapter 85, other than extended benefits.

  • SERP has the meaning assigned thereto in Section 5(c) hereof.

  • Change in Control Benefit means the benefit set forth in Section 4.1 below.

  • Maximum Benefit means the maximum benefit amount of each of the benefits covered under this Policy as stated in the Schedule of Benefits.

  • Disability Benefit means the benefit set forth in Article 8.

  • Annuity Benefit means a benefit payable by us as described in Part VII.