Documented Loss definition

Documented Loss refers to monetary losses incurred by a Settlement Class Member and supported by Reasonable Documentation for attempting to remedy or remedying issues that are more likely than not traceable to the Ransomware Attack, and that are not otherwise recoverable through insurance. Documented Loss must be supported by Reasonable Documentation that a Settlement Class Member actually incurred unreimbursed losses and consequential expenses that are more likely than not traceable to the Ransomware Attack and incurred on or after May 28, 2021.
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Documented Loss refers to monetary losses incurred by a Settlement Class 8 Member and supported by Reasonable Documentation for attempting to remedy or remedying 9 issues that are more likely than not traceable to the FTA Data Breach (rather than any other data 10 breach), and that are not otherwise recoverable through insurance. Given Kroger's recovery of the 11 Settlement Class Members' data implicated in the FTA Data Breach, Documented Loss must be 12 supported by Reasonable Documentation that a Settlement Class Member actually incurred 13 unreimbursed losses and consequential expenses that are more likely than not traceable to the FTA 14 Data Breach and incurred on or after December 16, 2020.
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Examples of Documented Loss in a sentence

  • Class Members who wish to elect Documented Loss Payments must go to the Settlement Website to complete the Claim Form electronically or print and mail a copy of the completed Claim Form along with supporting documentation.

  • In addition, Class Members may file a claim for either a Documented Loss Payment or a Cash Fund Payment (not both).

  • Class Members with Approved Claims who receive a Documented Loss Payment or a Cash Fund Payment, by physical check, shall have 120 days following distribution to deposit or cash their benefit check.

  • The amount of the Net Settlement Fund remaining after all Documented Loss Payments are applied and the payments for the CMIS are made shall be referred to as the “Post CMIS/DL Net Settlement Fund.” The Settlement Administrator shall then utilize the Post CMIS/DL Net Settlement Fund to make all Cash Fund Payments pursuant to Section 3.3(c) herein.

  • In addition to CMIS, and as an alternative to the Documented Loss Payment (defined in subsection (b) above), Class Members may submit a claim to receive a pro rata Settlement Payment in cash (“Cash Fund Payment”).

  • In such an event, no Net Settlement Funds will be distributed to Claimants for Approved Claims for Documented Loss Payments or for Cash Fund Payments.

  • To submit a valid Claim for a Documented Loss Payment, a Class Member must submit the following: (i) a valid Claim Form to the Settlement Administrator electing to receive the Documented Loss payment benefit; (ii) an attestation regarding any actual and unreimbursed Documented Loss made under penalty of perjury; and (iii) Reasonable Documentation that demonstrates to the satisfaction of the Settlement Administrator the Documented Loss to be reimbursed pursuant to the terms of the Settlement.

  • Funds remaining after paying for CMIS will be used by the Settlement Administrator to pay valid claims for approved Documented Loss Payments.

  • If a Class Member does not submit Reasonable Documentation supporting a Documented Loss Payment claim, or if a Class Member’s claim for a Documented Loss Payment is rejected by the Settlement Administrator for any reason, and the Class Member fails to cure his or her claim, the claim will be rejected and the Class Member’s claim will instead be automatically placed into the Cash Fund Payment category below.

  • In the event that the aggregate amount of all Documented Loss Payments and payments for the CMIS exceeds the total amount of the Net Settlement Fund, then the value of the Documented Loss Payment to be paid to each Class Member shall be reduced, on a pro rata basis, such that the aggregate value of all Documented Loss Payments and payments due for CMIS does not exceed the Net Settlement Fund.

Related to Documented Loss

  • Final Shared-Loss Month means the calendar month in which the tenth anniversary of the Commencement Date occurs.

  • Allocated Loss Adjustment Expenses or “ALAE” means all court costs and court expenses; pre- and post-judgement interest; fees for service of process; attorneys’ fees; cost of undercover operative and detective services, costs of employing experts; costs for legal transcripts; costs for copies of any public records; costs of depositions and court-reported or recorded statements; costs and expenses of subrogation; and any similar fee, cost or expense reasonably chargeable to the investigation, negotiation, settlement or defense of a loss or a claim or suit against you, or to the protection and perfection of your or our subrogation rights.

  • Shared-Loss Month means each calendar month between the Commencement Date and the last day of the month in which the tenth anniversary of the Commencement Date occurs, provided that, the first Shared-Loss Month shall begin on the Commencement Date and end on the last day of that month.

  • Shared Loss Loan means a Single Family Shared-Loss Loan, Investor-Owned Residential Loan, Restructured Loan or Home Equity Loan, and any Commitment with respect to those loans.

  • Commercial Shared-Loss Agreement means the Commercial Shared-Loss Agreement attached to the Purchase and Assumption Agreement as Exhibit 4.15B.