Pro Rata Cash Payment definition

Pro Rata Cash Payment means a pro rata cash payment of the Net Settlement Fund after payment of valid claims for Unreimbursed Losses.
Sample 1Sample 2
Pro Rata Cash Payment means the equal pro rata distribution from the Net Settlement Fund to all Settlement Class Members who file a valid claim. The amount of this benefit shall be based on the number of claims received and the amount of funds remaining in the Settlement Fund following the payment of any attorneys’ fees and expenses award, any Service Awards to Plaintiffs, the costs of Settlement Administration, the Notice, and claims for Out-of- Pocket Costs and Attested Time.
Sample 1
Pro Rata Cash Payment. The remainder amount of the Settlement Fund allocated for Settlement Class Member benefits will be distributed to Settlement Class Members on a pro rata basis, except that each California Settlement Subclass Member shall be allocated three shares of the Settlement Remainder. No claim needs to be filed to receive this payment.
Sample 1

Examples of Pro Rata Cash Payment in a sentence

  • It is expected that the GIPA Cash Payment amount for each valid claim will exceed the amount of the Pro Rata Cash Payment.

  • If you do not select an option, you will be deemed to have selected the Pro Rata Cash Payment.

  • All Settlement Class Members who have suffered a proven monetary loss and who submit a Valid Claim using the Claim Form are eligible for up to $7,500, incurred as a result of the Data Incident; ❖ Pro Rata Cash Payment: The remainder amount of the Settlement Fund allocated for Settlement Class Member benefits will be distributed to Settlement Class Members on a pro rata basis, except that each California Settlement Subclass Member shall be allocated three shares of the Settlement Remainder.

  • Xxxxx Xxxxx, Xxxxxx Xxxxxx, and Xxxxxxx Xxxxxxx (“GIPA Payment”) or a Pro Rata Cash Payment.

  • Any funds that remain after paying all claims up to the $1,000 cap, will be allocated to the Pro Rata Cash Payment in section 3.1(b).

  • In addition to the Pro Rata Cash Payment options in ¶ 3.1(a)&(b), Settlement Class Members may submit Claim Forms selecting the Out-of-Pocket Loss Option.


More Definitions of Pro Rata Cash Payment

Pro Rata Cash Payment or “Cash Payment” means a pro rata cash payment up to a maximum of Seventy Dollars and Zero Cents ($70.00), which a Settlement Class Member may claim under this Settlement Agreement, as set forth in Paragraph 49.
Sample 1

Related to Pro Rata Cash Payment

  • Performing Cash Pay High Yield Securities means High Yield Securities (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semiannual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Designated Non-Cash Consideration means the fair market value of non-cash consideration received by the Company or a Restricted Subsidiary in connection with an Asset Sale that is so designated as Designated Non-cash Consideration pursuant to an Officer’s Certificate, setting forth the basis of such valuation, executed by the principal financial officer of the Company, less the amount of cash or Cash Equivalents received in connection with a subsequent sale of or collection on such Designated Non-cash Consideration.

  • Performing Cash Pay Mezzanine Investments means Mezzanine Investments (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semi-annual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Issuer described in the definition of “Contribution Indebtedness.”

  • Cash Percentage shall have the meaning specified in Section 14.02(a)(iii).