Examples of Purchase Claims in a sentence
After payment in full of all Unclassified Claims and Claims in Classes 1 through 6, the Litigation Trust shall distribute remaining Litigation Trust Assets to holders of Class 7 Securities Purchase Claims, on a pari passu basis with holders of Class 8 Securities Class Action Claims and holders of Class 9 Equity Interests.
After payment in full of all Unclassified Claims and Claims in Classes 1 through 6, the Litigation Trust shall distribute remaining Litigation Trust Assets to holders of Class 9 Equity Interests, on a pari passu basis with holders of Class 7 Securities Purchase Claims and Class 8 Securities Class Action Claims.
Shortly thereafter, the Court appointed a Plaintiffs' Steering Committee ("PSC") and Defendant's Steering Committee to represent the parties and to meet with the Court once every month or two to review the status of the litigation.On August 2, 2005, the PSC filed a Purchase Claims Master Class Action Complaint ("Purchase Claims Complaint"), naming individual consumers who purchased Vioxx for themselves.
The Purchase Claims Complaint sought relief under a myriad of laws, including state consumer protection statutes.
In general, valid Qualifying Purchase Claims will be paid as they are approved, after the Effective Date.
Following those denials, Merck moved this Court to strike the Purchase Claims Complaint's class allegations.
To the extent that any of the amounts available to pay Healthy Screening Claims, Injury Claims, Deceased Pet Claims, Consumer Food Purchase Claims or property damage claims would be exhausted by payment of 100% of the claims made in that category, only after reducing pro rata the claims made by Settlement Class Members without supporting documentation, distribution to pet owners will be adjusted and paid on a pro rata basis.
Payments from the Settlement Fund for Consumer Food Purchase Claims shall be limited to an aggregate maximum of $700,000.
Should more funds be necessary to pay the Qualifying Purchase Claims, the Settlement Administrator shall inform Defendants who will deposit into that same escrow account additional funds to satisfy the Qualifying Purchase Claims.
No candidate shall be eligible for the award of the degree of Bachelor of Technology, unless he/she has undergone the course for a period of 8 semesters (4 academic years) / 6 semesters (3 academic years for Lateral Entry candidates) in the faculty of Engineering and has passed the prescribed examinations in all the semesters.