Settlement Award definition

Settlement Award means a cash payment that may be available to eligible Settlement Class Members.
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Settlement Award means the payment that each Eligible Class Member shall be entitled to receive pursuant to the terms of this Agreement.
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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.
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Examples of Settlement Award in a sentence

  • This document shall be available on the Settlement Website as soon as reasonably possible following entry of the Preliminary Approval Order and remain until after the stale date of the Settlement Awards to Settlement Class Members (180 days after issuance of the Settlement Award payment).

  • Within fourteen (14) days after the Settlement Administrator receives the Settlement Fund, as described above, the Settlement Administrator shall send the Settlement Award Payments to each eligible Claimant.

  • If, after the expiration date of the checks distributed set forth herein, there remains money in the Settlement Fund sufficient to pay at least $5.00 to each Settlement Class Member who cashed their initial Settlement Award check or accepted their initial Settlement Award deposit, that remaining money will be distributed on a pro rata basis to those Settlement Class Members who cashed their initial Settlement Award checks or accepted their initial Settlement Award payments (the “Subsequent Distribution”).

  • Settlement Award Payments, Subsequent Distributions, and Settlement Class Representative Incentive Payments shall be classified as non- wage income, and the Settlement Administrator will report the payments on a 1099 form to the extent required by law.

  • All Releasing Settlement Class Members are bound by the foregoing release regardless of Notice being successful and whether or not Settlement Award Payments are timely cashed.


More Definitions of Settlement Award

Settlement Award means the gross (before tax or other withholdings) settlement payment to any Eligible Settlement Class Member.
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Settlement Award means a cash payment that may be available to eligible Class Members pursuant to Section 12 of this Agreement.
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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.
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Settlement Award means the gross payment to any Settlement Class
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Settlement Award means the pro rata amount remitted by the Settlement Administrator out of the Net Settlement Fund to a Settlement Class Member.
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Settlement Award has the meaning set forth in Paragraph II(6)(g) of these Allocation Procedures.
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Settlement Award means a cash payment that may be available to
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