Examples of Eligible Class Member in a sentence
For purposes of making this determination, a Settlement Allocation Score shall be calculated for each quarter during the Class Period, which shall be the sum of 15 points (if the Eligible Class Member had an Active Account at the end of the quarter) plus 0.0020 points for every dollar invested by the Eligible Participant in MIO Funds at the end of the quarter (up to a maximum of 300 points).
The distribution of unclaimed settlement amounts will be equal to the same proportionate percentage of the Net Settlement Fund to which he was entitled as an Eligible Class Member.
The Claims Administrator will calculate the award for each Eligible Class Member who properly applied.
Third, the Past Overcharge Amount shall be reduced by any amount due and owing to the landlord (“Non-Payment Deductions”) by the Eligible Class Member.
Within 60 days, the Special Master will recommend, based on the documentary evidence presented, whether the Prior Owner has shown by a preponderance of the evidence that he or she is an Eligible Class Member entitled to a payment from the Net Settlement Amount and, if so, the amount of such payment.