Qualifying Settlement Class Members definition

Qualifying Settlement Class Members means Settlement Class Members who submit a Claims Form that satisfies the requirements of Paragraph 11.4 and who have been determined by the Claims Administrator, under the oversight of the Special Master, to be eligible under the Allocation Procedures to receive an Allocated Amount.
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Examples of Qualifying Settlement Class Members in a sentence

  • Any such award shall be paid from the Qualified Settlement Fund by the Escrow Agent before any portion of the Settlement Funds are distributed to Qualifying Settlement Class Members, upon production to the Escrow Agent of a copy of the order, no later than seven (7) days after the Effective Date or such later date as the award may become payable under the Court’s order.

  • All monetary awards to Qualifying Settlement Class Members will be strictly governed by the Allocation Procedures, attached as Exhibit C.

  • The Allocation Procedures are designed to fairly and equitably allocate the settlement among Qualifying Settlement Class Members to resolve PFAS contamination in Drinking Water in Public Water Systems in such a way that reflects facts used in designing a water treatment system in connection with such contamination.

  • The Claims Administrator will distribute the Settlement Funds to Qualifying Settlement Class Members in accordance with the Allocation Procedures in Exhibit C, which are subject to Court approval, and under the oversight of the Special Master.

  • Qualifying Settlement Class Members will be required to comply with strict deadlines for Claims Forms.

  • Within fourteen (14) days of the Final Determination Date, the Claims Administrator and Claims Assessor must compile a list of all Qualifying Settlement Class Members.

  • The Parties acknowledge that the Settlement Payment to each Qualifying Settlement Class Member represents full compensation for and on account of, among other things, alleged physical injuries and/or physical sickness and associated pain and suffering, emotional distress, and medical expenses of that Qualifying Settlement Class Member arising out of the Qualifying Settlement Class Member's Claims.

  • Qualifying Settlement Class Members may also elect to receive a portion of their Settlement Payment as a Structured Settlement Payment, meaning a periodic payment issued to the payee from a life insurance carrier, the specifics as detailed in Exhibit G (“Terms of Structured Settlement Payments”).

  • The Claims Administrator shall pay any money remaining in the Phase One Supplemental Fund as of December 31, 2030, to the Phase One Qualifying Settlement Class Members participating in the Phase One Action Fund.

  • Qualifying Settlement Class Members who are approved before the Closing Date may elect to receive an Initial Distribution.