Opt-Outs definition

Opt-Outs means all persons who timely and validly request exclusion from the Class
Opt-Outs when used as a noun, means those Retired NFL Football Players, Representative Claimants and Derivative Claimants who would otherwise have been included in the Settlement Class and who have timely and properly exercised their rights to Opt Out and therefore, after the Final Approval Date, are not Settlement Class Members.
Opt-Outs means all Persons within the definition of the Class who have submitted timely requests for exclusion in conformity with the procedural and substantive requirements of this Agreement, and all applicable orders of the MDL Court prior to the Opt-Out Deadline, and who thereafter do not revoke such request for exclusion prior to entry of the Final Judgment.

Examples of Opt-Outs in a sentence

  • Class Counsel shall provide MOE’s counsel with a final list of timely Opt-Outs received within five (5) judicial days after the Opt-Out Deadline Date.

  • Settlement Class Opt-Outs are not entitled to receive a payment from the Net Settlement Fund or Overdraft Forgiveness under this Settlement.

  • Defendant also shall have the right, in its sole discretion, to terminate the Settlement if the number of Settlement Class Opt-Outs exceeds 2% of the number of all Settlement Class Members (the “Termination Option”).


More Definitions of Opt-Outs

Opt-Outs means members of the Settlement Class who have timely exercised their rights to be excluded from the Settlement Class or have otherwise obtained Court approval to exercise such rights.
Opt-Outs means those natural persons (or, in the case of minority, death or incapacity, their legal guardians or representatives) included in the Class definition, but who have timely and properly exercised their right to exclude themselves from the Class under the Opt Out Procedure, and therefore are no longer Class Members.
Opt-Outs means any Class Member who timely submits an Opt-Out Request.
Opt-Outs means those individuals who met the definition of the Class but who validly opted out of the Action by the Opt-Out Deadline;
Opt-Outs when used as a noun, means any Unit Owner, Invitee, Resident, Representative Claimant, Derivative Claimant, or any other person or entity who would otherwise have been included in the Settlement Class, who timely and properly exercised his, her, its, or their right to Opt Out and therefore, after the Final Approval Date, is not a Settlement Class Member.
Opt-Outs means putative Settlement Class Members who validly exclude themselves from the Settlement Class by timely filing a request for exclusion in accordance with the requirements set forth in the Notice, as contemplated by paragraph44 herein.
Opt-Outs means all Persons who fall within the scope of the Settlement Class, and who have timely and properly exercised their right to exclude themselves from the Class pursuant to the procedure set forth in the Notice Plan.