Favorable Notice definition

Favorable Notice means the notice issued by the Claims Administrator pursuant to Paragraph 3.33 to a Claimant who has timely submitted all proper, complete, and fully executed Claims Materials.
Sample 1Sample 2Sample 3

Examples of Favorable Notice in a sentence

  • Within forty-five (45) days of receipt of a Claimant’s Claims Materials, the Claims Administrator will either issue a Favorable Notice or Adverse Notice informing the Claimant whether or not the Claimant has met the requirements necessary to participate in the Settlement Program.

  • Any Claimant or Next Friend who receives an Adverse Notice or disagrees with the Settlement Category assigned by the Claims Administrator in a Favorable Notice may request that the Claims Administrator reconsider its determination(s) with respect to such Claimant or Next Friend.

  • This means that individuals less than eighteen years of age on the date they first ingested Flint water (if ingested between April 25, 2014 and November 16, 2020), who failed to register or did not receive a Favorable Notice, can still participate in the settlement later on, before they turn nineteen years old, subject to available funds.

  • It will be designed to allow the Next Friends, in their representative capacities, to proceed in the most equitable manner on behalf of the Minors and LIIs.Once a Favorable Notice is issued (unless a Next Friend elects a Structured Settlement or the Claimant receives a single or annual payment of less than $5,000 during minority), the claim is randomly assigned to a court-appointed Panel GAL.

  • After the Claims Administrator has determined that a Minor or LII is eligible to participate in the settlement and before a Monetary Award is issued, the Claims Administrator is required to certify in a Favorable Notice that the Minor or LII is assigned a Settlement Category that results in the highest Monetary Award based on the Claims Materials submitted.

  • The MSA extends its benefits to Future Minor Claimants, defined as those individuals who were younger than 18 years old at first exposure and met the MSA exposure criteria, but for any reason did not receive a Favorable Notice or did not register for the settlement prior to the MSA deadlines that otherwise apply.

  • If the Favorable Notice is not timely accepted or is rejected, the Claims Administrator is required to send a second notice, which upon receipt by the Next Friend commences a second14 day period in which to accept or reject.

  • This reminder second notice is intended to assist Next Friends who plausibly may be unfamiliar with case deadlines and their consequences.A Next Friend is required to sign an additional release if a Favorable Notice is accepted.

  • This procedure constitutes a fair and consistent approach for similarly situated Claimants.A Next Friend may accept or reject the Favorable Notice within 15 days of receipt.

Related to Favorable Notice

  • Reasonable notice means, at a minimum:]

  • Superior Offer Superior Offer" shall mean an unsolicited, bona fide written offer made by a third party to purchase more than 50% of the outstanding shares of Company Common Stock on terms that the board of directors of the Company determines, in its reasonable judgment, based upon the written advice of its financial advisor, to be more favorable to the Company's shareholders than the terms of the Merger; provided, however, that any such offer shall not be deemed to be a "Superior Offer" if any financing required to consummate the transaction contemplated by such offer is not committed and is not likely to be obtained by such third party on a timely basis.

  • Offering Notice has the meaning set forth in Section 4.3(b).

  • CAFA Notice refers to the notice requirements imposed by 28 U.S.C. § 1715(b).

  • PAGA Notice means Plaintiff’s October 27, 2022, letter to Ansible and the LWDA providing notice pursuant to Labor Code section 2699.3, subd.(a).

  • Termination Warning Notice means a notice sent by the Secretary of State to the Academy Trust, stating his intention to terminate this Agreement.

  • Determination Notice is defined in Section 6.1(b)(i) of the Agreement.

  • Superior Proposal Notice has the meaning specified in Section 5.4(1)(c).

  • Shelf Offering Notice has the meaning set forth in Section 1(d)(i).

  • Co-Sale Notice has the meaning set forth in Section 5.3.

  • Tax Notice has the meaning set forth in Section 2.06(a).

  • Closing Notice Has the meaning specified in the NPA. Company: Has the meaning specified in the first paragraph of this Trust Supplement.

  • Nomination Notice means all information and documents that a Nominating Stockholder is required to submit to the Secretary of the Corporation pursuant to Section 2.6(f).

  • Subsequent Financing Notice shall have the meaning ascribed to such term in Section 4.12(b).

  • Change Notice is defined in Section 3.5(a) of this Agreement.

  • Sale Notice has the meaning set forth in Section 3.04(b).

  • Disagreement Notice has the meaning set forth in Section 2.2.3.1(b).

  • Pre-Notice shall have the meaning ascribed to such term in Section 4.13.

  • Term SOFR Notice means a notification by the Administrative Agent to the Lenders and the Borrower of the occurrence of a Term SOFR Transition Event.

  • FOIA Notice means a decision notice, enforcement notice and/or an information notice;

  • Investor Notice means written notice from an Investor notifying the Company and the selling Key Holder that such Investor intends to exercise its Secondary Refusal Right as to a portion of the Transfer Stock with respect to any Proposed Key Holder Transfer.

  • Prescribed Notice means 28 days or any shorter period of notice for a meeting of members of the Company allowed under the Corporations Act.

  • Demand Registration Notice has the meaning set forth in Section 2.1.

  • Drag-Along Notice has the meaning set forth in Section 3.03(b).

  • Offer Notice shall have the meaning set forth in Section 4.1.

  • Piggyback Notice has the meaning specified in Section 2.02(a).