Recognized Claim definition

Recognized Claim means the amount of an Authorized Claimant’s loss that is determined by the Settlement Administrator to be compensable under the Plan of Allocation.

Recognized Claim shall have the meaning attributed to it in the Plan of Allocation.

Recognized Claim means the amount of an Authorized Xxxxxxxx’s loss that is determined by the Claims Administrator to be compensable under the Plan of Allocation.

Examples of Recognized Claim in a sentence

• To the extent a Claimant had a market gain with respect to his, her, or its overall transactions in HyreCar common stock during the Settlement Class Period, the value of the Claimant’s Recognized Claim shall be zero.

• To the extent that a Claimant suffered an overall market loss with respect to his, her, or its overall transactions in HyreCar common stock during the Settlement Class Period, but that market loss was less than the total Recognized Claim calculated above, then the Claimant’s Recognized Claim shall be limited to the amount of the actual market loss.

• Specifically, a “Distribution Amount” will be calculated for each Authorized Claimant, which shall be the Authorized Claimant’s Recognized Claim divided by the total Recognized Claims of all Authorized Claimants, multiplied by the total amount in the Net Settlement Fund.

• An Authorized Claimant’s Recognized Claim shall be the amount used to calculate the Authorized Claimant’s pro rata share of the Net Settlement Fund.

• The sum of a claimant’s Recognized Loss Amounts minus the sum of a claimant’s Recognized Gain Amounts will be a claimant’s “Recognized Claim.” If the claimant’s Recognized Claim is zero or a negative number, the claimant’s Recognized Claim will be zero.

More Definitions of Recognized Claim

Recognized Claim. A Claimant’s “Recognized Claim” will be the sum of his, her, or its Recognized Loss Amounts as calculated above with respect to all Xxxxx Fargo common stock purchased or otherwise acquired during the Class Period.

Recognized Claim means a Claimant’s nominal losses as calculated pursuant to the formulas set forth herein and which forms the basis for each Claimant’s pro rata share of the Class Compensation Fund;

Recognized Claim means the amount of an Authorized Claimant’s 22 loss that is determined by the Settlement Administrator to be compensable under the Plan of

Recognized Claim. A Claimant’s “Recognized Claim” under the Plan of Allocation will be the sum of his, her or its Recognized Loss amounts as calculated above with respect to all ZBH Securities.

Recognized Claim is the amount of the Net Settlement Fund that an Authorized Claimant is entitled to after calculation of the Authorized Claimant’s pro rata share of the Net Settlement Fund.

Recognized Claim means the amount of an Authorized Claimant's loss that is determined by the Claims Administrator to be compensable under the Plan of Allocation.

Recognized Claim means the amount to be calculated under the Plan of Allocation for each Authorized Claimant for the purpose of conducting a pro rata distribution of the Net Settlement Fund.