Nationwide PI Subclass definition

Nationwide PI Subclass means all Settlement Class Members residing in the United States at the time of the Incident to whom VWGoA and/or Audi sent notice that their PI may have been exposed as a result of the Incident and who are not members of the California SPI or Nationwide SPI Subclasses.
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Examples of Nationwide PI Subclass in a sentence

  • And Nationwide PI Subclass members are eligible for a cash payment of $20.

  • If the total dollar amount of Valid Settlement Claims for Nationwide PI Subclass Cash Payments does not exceed the amount available to pay said claims, the payment amount shall be increased pro rata to a maximum of $35.

  • Nationwide PI Subclass Members may only file Settlement Claims for cash payments.

  • If the total dollar amount of Valid Settlement Claims for Nationwide PI Subclass Cash Payments exceeds the amount available to pay said claims, the payment amount will be reduced pro rata.

  • Specifically, $2,000,000 of the Settlement Sum will be initially allocated to Tier 1 of the Settlement Fund and will be available to pay Settlement Awards to the California SPI Subclass members; $800,000 of the Settlement Sum will be allocated to Tier 2 and will be available to pay Settlement Awards to Nationwide SPI Subclass members; and $700,000 will be allocated to Tier 3 and will be available to pay Settlement Awards to Nationwide PI Subclass members.

  • Nationwide PI Subclass members may submit Settlement Claims for cash payments of $20 (“Nationwide PI Subclass Cash Payments”).

  • Any funds remaining in Tier 3 after the allocation of funds for Nationwide PI Subclass Cash Payments (the “Tier 3 Remainder”) will be first used to increase any Settlement Awards for reimbursement for Out-of-Pocket Losses up to 100% (if they were otherwise decreased pro rata).