Final Individual Dollar Recovery definition

Final Individual Dollar Recovery means the amount calculated pursuant to Parts III.F-III.G below.
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Final Individual Dollar Recovery means the portion of the Net Settlement Fund payable to an individual Settlement Class member, as determined by the Settlement Administrator according to the procedures described in the Plan of Allocation.
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Final Individual Dollar Recovery means the amount calculated pursuant
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Examples of Final Individual Dollar Recovery in a sentence

  • As promptly as possible after deposit of the Net Settlement Fund into the Plan, the Trustee shall be directed to allocate to Participants With Active Plan Accounts their Final Individual Dollar Recovery, as calculated by the Settlement Administrator based upon the formula below.

  • Participants With Active Plan Accounts may reallocate their Final Individual Dollar Recovery as then permitted by the Plan.

  • The Final Individual Dollar Recovery shall be subject to the Plan provisions governing the applicable sub-accounts.

  • The Final Individual Dollar Recovery to each Participant With Active Plan Account shall be allocated pro-rata among the sub- accounts in each such individual’s account(s) and allocated among each such individual’s investment options in accordance with the existing investment elections then in effect or, if no investment elections are in effect, to the Plan’s default fund.

  • The Settlement Administrator will notify Participants Without Active Plan Accounts of the amount of their Final Individual Dollar Recovery and will provide each such individual with documents necessary to elect to receive the Final Individual Dollar Recovery in cash or in the form of a direct rollover to an eligible retirement plan as defined in Internal Revenue Code § 402(c).

  • Each remaining Settlement Class Member’s Final Individual Dollar Recovery equals the product of his or her Net Loss Percentage and the Net Settlement Fund.

  • The Final Individual Dollar Recovery to each Participant With Active Plan Account shall be allocated pro-rata among the sub-accounts in each such individual’s account(s) and allocated among each such individual’s investment options in accordance with the existing investment elections then in effect or, if no investment elections are in effect, to the Plan’s default fund.


More Definitions of Final Individual Dollar Recovery

Final Individual Dollar Recovery means the amount calculated pursuant to Parts III.G through III.H below.
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Related to Final Individual Dollar Recovery

  • Series Allocation Percentage means, with respect to any Monthly Period, the percentage equivalent of a fraction, the numerator of which is the numerator used in determining the Allocation Percentage for Finance Charge Collections for that Monthly Period and the denominator of which is the sum of the numerators used in determining the Allocation Percentage for Finance Charge Collections for all outstanding Series on such date of determination; provided that if one or more Reset Dates occur in a Monthly Period, the Series Allocation Percentage for the portion of the Monthly Period falling on and after each such Reset Date and prior to any subsequent Reset Date will be determined using a denominator which is equal to the sum of the numerators used in determining the Allocation Percentage for Finance Charge Collections for all outstanding Series as of the close of business on the subject Reset Date.