Settlement Award definition

Settlement Award means a cash payment that may be available to eligible Settlement Class Members.

Settlement Award means the payment that each Eligible Class Member shall be entitled to receive pursuant to the terms of this Agreement.

Settlement Award means the gross (before tax or other withholdings) settlement payment to any Eligible Settlement Class Member.

Examples of Settlement Award in a sentence

• Each Settlement Class Member for whom Defendant has a deliverable address (which shall be determined based on whether the Notice is returned undeliverable) shall be paid a Settlement Award reflecting their proportional share of the net settlement fund calculated based on the amount of the typical negotiation discount applied to the Settlement Class Members’ claim as reflected in the Class Data described in Section VII.

• Settlement Award checks that are not cashed within 120 days after the issue date on the check shall be voided.

• Each Settlement Class Member for whom the Class Administrator has a deliverable address (which shall be determined based on whether the Notice is returned undeliverable) shall be paid a single Settlement Award of their pro‐rata share of the Settlement Fund based on the total amount they paid in fees.

• Settlement Award checks that are not cashed within 90 days after the issue date on the check shall be voided.

More Definitions of Settlement Award

Settlement Award means a cash payment that may be available to eligible Class Members pursuant to Section 12 of this Agreement.

Settlement Award means a payment to an eligible Settlement Class Member pursuant to Section IV.C of this Agreement. The Settlement Awards will be set at Seventeen Dollars ($17 USD) per valid Claim and subject to pro rata increase or decrease, depending on the number of all approved Claims submitted, as described in Section IV.C.

Settlement Award means a cash payment that may be available to eligible Settlement Class Members pursuant to Section 11 of this Agreement.

Settlement Award means the gross payment to any Settlement Class

Settlement Award means, at the election of the Settlement Class Member, an electronic payment via PayPal or a cash payment in the form of a check to an eligible Settlement Class Member pursuant to Section III.E of this Agreement. The Settlement Awards will be capped at $2.00 each and subject to pro rata decrease, depending on the number of all approved Claims submitted, as described in Section III.E.

Settlement Award means a cash payment that may be available to each Claimant from the net Settlement Proceeds remaining after deducting all Court‐approved awards to Plaintiffs for their service, to Plaintiffs’ counsel for their attorneys’ fees and expenses, and to the Claims Administrator for notice and settlement administration.

Settlement Award has the meaning set forth in Paragraph II(6)(g) of these Allocation Procedures.