Ontario Class Members definition

Ontario Class Members means Persons residing in Canada, except persons residing in the provinces of British Columbia and Québec, who: (i) were or are mortgagors under mortgages issued by the Defendant as mortgagee from 2005 onward on residential properties located in Canada; (ii) prepaid part or all of the principal amounts secured by those mortgages; (iii) in so doing paid a Prepayment Charge based on an interest rate differential; and (iv) have not opted out in accordance with the Opt-Out Procedure;
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Ontario Class Members means persons in Canada who held shares in Bre- X as of March 26, 1997 and suffered a loss as a consequence of dealing in shares of Bre-X and any other person, except a person who was resident in the United States of America when purchasing shares in Bre-X on the NASDAQ stock exchange, who suffered a loss as a consequence of dealing in shares of Bre-X in the period May 6, 1993 to May 2, 1997, excluding the defendants in the Ontario Class Action, members of the immediate family of any such defendants, any subsidiary, affiliate or employee of such defendant, any entity in which any excluded person has or had a controlling interest and the legal representatives, heirs, successors and assigns of any excluded person;
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Ontario Class Members means a member of the Ontario Class.
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Examples of Ontario Class Members in a sentence

  • On September 19, 2012, the Ontario Superior Court of Justice (“Ontario Court”) certified the Ontario Action as a class action on behalf of the Ontario Class Members.

  • Distributions to Ontario Class Members will be subject to a ten (10) percent deduction for the Class Proceedings Fund.

  • Distributions to the Ontario Class Members will be subject to a ten (10) percent deduction for the Class Proceedings Fund.

  • Pursuant to this order, Ontario Class Members were afforded the right to exclude themselves or “opt out” of the Ontario Class no later than ⚫.

  • On February 21, 2019, the Ontario Court certified the Ontario Action as a class proceeding on behalf of the Ontario Class Members.

  • Class Members means the class, to be certified by the BC Court for the purpose of implementing the Settlement, consisting of all Class Members resident in British Columbia and specifically excluding the Excluded Persons, Ontario Class Members and Québec Class Members.