Cy Pres Designee definition

Cy Pres Designee means an entity mutually agreed upon by the Parties and submitted to the Court in a subsequent filing who may receive unclaimed residual funds, as set forth in Paragraph 8.6, subject to approval by the Court.
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Cy Pres Designee means the National Cybersecurity Alliance, a not-for- profit entity mutually agreed upon by the Parties that will be submitted to the Court in a subsequent filing, who may receive unclaimed residual funds as set forth in Paragraph 41, subject to approval by the Court.
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Cy Pres Designee means the Association of African American Financial Advisors or other third-party organization to be mutually agreed upon by the Parties.
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Examples of Cy Pres Designee in a sentence

  • Any amount remaining in the Net Settlement Fund after said extension is accomplished (the “Unclaimed Fund”), if any, shall be distributed to the Cy Pres Designee.


More Definitions of Cy Pres Designee

Cy Pres Designee means the Eviction Defense Network, which entity meets the requirements of California Code of Civil Procedure section 384, and which shall receive those funds remaining of the Net Settlement Fund after payment of the Settlement Benefit to all Class Members submitting Claim Forms.
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Cy Pres Designee means the National Volunteer Fire Council, which entity meets the requirements of California Code of Civil Procedure section 384’s requirement, and which shall receive those funds remaining of the Net Settlement Fund after payment of the Settlement Benefit to all Class Members submitting Claim Forms.
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Cy Pres Designee shall receive those funds represented by the Cash Award and/or the Supplemental Cash Award, if applicable, that are returned as undeliverable or remaining un-cashed for more than ninety (90) calendar days after the issuance, less the Settlement Administrator’s costs for administering the Supplemental Cash Award. The identity of the Cy Pres Designee shall be mutually agreed upon by the Parties and submitted to the Court in a subsequent filing. The Settlement Administrator shall pay any such funds to the Cy Pres Designee within one-hundred eighty (180) days after the issuance of the Supplemental Cash Awards, if Supplemental Cash Awards are issued.
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Related to Cy Pres Designee

  • Nomination means a request by a Shipper to Carrier to transport a stated quantity of Crude Petroleum on the Pipeline for the account of such Shipper in any month.

  • Type designation means a combination of letters and numerals assigned by the Government to a major end item, assembly or subassembly, as appropriate, to provide a convenient means of differentiating between items having the same basic name and to indicate modifications and changes thereto.

  • shadow director means, in relation to a company, any person in accordance with whose directions or instructions the directors of the company are accustomed to act, but the person is not deemed to be a shadow director by reason only that the directors act on advice given by that person in a professional capacity; and