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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, 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.

Examples of Settlement Award in a sentence

  • If you fail to keep your address current, you may not receive your Settlement Award.

  • Each Proposed Class Member who does not submit a valid and timely request for exclusion will automatically be a Settlement Class Member and eligible to receive a Settlement Award.

  • No later than one hundred twenty (120) days after the initial distribution of the Settlement Award checks, the Settlement Administrator shall provide both Parties with an accounting indicating which funds have been distributed to Settlement Class Members and which, if any, checks to Settlement Class Members have not been negotiated by that time.

  • The Settlement Administrator shall mail any Settlement Class Member his or her Settlement Award check if he or she contacts the Settlement Administrator and provides a correct mailing address within ninety (90) days after the initial distribution of the Settlement Award checks.

  • It is your responsibility to keep a current address on file with the Settlement Administrator to ensure receipt of your monetary Settlement Award.


More Definitions of Settlement Award

Settlement Award means the gross (before tax or other withholdings) settlement payment to any Eligible Settlement Class Member.
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 means the gross payment to any Settlement Class
Settlement Award means the pro rata amount remitted by the Settlement Administrator out of the Net Settlement Fund to a Settlement Class Member.
Settlement Award means each Participating Settlement Class Member’s share of the Net Settlement Amount as provided for by the terms of this Proposed Settlement.
Settlement Award means a cash payment that may be available to