Settlement Claimant definition

Settlement Claimant means a Class Member who has submitted a Settlement Claim.
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Settlement Claimant means a Class Member who as of 5 p.m. on the day prior to the Final Approval Date is no longer a Crown Ward;
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Settlement Claimant means a Class Member who has submitted a Settlement
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Examples of Settlement Claimant in a sentence

  • Each such Qualified Pre-Petition Settlement Claimant will, in respect of its Secured Asbestos Claim (except to the extent that such Claim has been expunged), be paid by the Plan Trust, in full satisfaction, settlement, release, and discharge of and in exchange for such Claim, in Cash in accordance with the provisions of the Plan Documents.

  • Each holder of a Secured Asbestos Claim of a Qualified Pre-Petition Settlement Claimant in Class 2 is entitled to vote to accept or reject the Plan under sections 524(g) and 1126 of the Bankruptcy Code.

  • In order to become a Settlement Claimant eligible for a settlement payment pursuant to Section II.A, Class Members must submit a timely Settlement Claim pursuant to the Settlement Claim Process during the Settlement Claim Period, and the Class Action Settlement Administrator shall review and evaluate the Settlement Claim.

  • The Secured Asbestos Claims of Qualified Pre-Petition Settlement Claimants are secured to the full extent of their liquidated settlement amounts, as determined under the Collateral Trust Agreement and the respective Pre-Petition Settlement Agreement; provided, however, the Plan provides that each Qualified Pre-Petition Settlement Claimant will forbear from exercising or enforcing such security interest and Congoleum has challenged the validity of such security interests in the Omnibus Avoidance Action.

  • If the Settlement Claimant does not timely comply and/or is unable to timely produce documents to substantiate and/or verify the information on the Settlement Claim Form or the Settlement Claim is otherwise not approved for any reason set forth in the Settlement Claim Review Protocol, the Settlement Claim shall be disqualified.

  • Each Qualified Pre-Petition Settlement Claimant will be paid in Cash by the Plan Trust in accordance with the provisions of the Asbestos Settlement Documents, the Plan, the Plan Trust Agreement and TDP.

  • Each such Qualified Pre-Petition Settlement Claimant will, in respect of its Secured Asbestos Claim, be determined, liquidated and treated pursuant to the Plan Trust Agreement and the TDP without priority of payment and in all respects pari passu with the Secured Asbestos Claims of Qualified Participating Claimants in Class 3 and the Not Previously Determined Unsecured Asbestos Personal Injury Claims in Class 10 and the Previously Determined Unsecured Asbestos Personal Injury Claims in Class 11.

  • Each Qualified Pre-Petition Settlement Claimant that has irrevocably consented or is deemed to have irrevocably consented to such Forbearance will be deemed to have assigned to the Plan Trust, and the Plan Trustee will be deemed such holder's sole attorney in fact, as may be appropriate, to prosecute, at the Plan Trustee's discretion with the consent and approval of the Trust Advisory Committee and the Futures Representative, any Direct Action.

  • Each such Qualified Pre-Petition Settlement Claimant will, in respect of its Allowed Secured Asbestos Claim, be paid by the Plan Trust, in full satisfaction, settlement, release, and discharge of and in exchange for such Claim, in Cash in accordance with the provisions of the Plan Documents.

  • The Secured Asbestos Claims of Qualified Pre-Petition Settlement Claimants are secured to the full extent of their liquidated settlement amounts, as determined under the Collateral Trust Agreement and the respective Pre-Petition Settlement Agreement; provided, however, the Plan provides that each Qualified Pre-Petition Settlement Claimant will forbear from exercising or enforcing such security interest.


More Definitions of Settlement Claimant

Settlement Claimant means an Eligible Settlement Claimant who has submitted a Settlement Claim using the Settlement Claim Form.
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Related to Settlement Claimant

  • Settlement Claim means a claim for settlement benefits made under the terms of this Settlement Agreement.

  • Payment Claim means the claim for payment made by the Contractor in accordance with this Contract.

  • Settlement Class Counsel means the law firm of Xxxxxx Xxxxxx Xxxxx Xxxxxxx LLP.

  • Settlement Class Member means each person and entity who or which is a member of the Settlement Class.

  • Settlement Cycle means the period of Clearance System Business Days following a transaction on the Relevant Exchange in the Underlying, during which period settlement will customarily take place according to the rules of such Relevant Exchange.

  • Settlement Class means, in respect of each Proceeding, the settlement class defined in Schedule A.

  • Third party claimant means any individual, corporation, association, partnership, or other legal entity asserting a claim against any individual, corporation, association, partnership, or other legal entity insured under an insurance policy or insurance contract.

  • Settlement Class Members means any member of the Settlement Class.

  • Claimant means a person who believes that he or she is being denied a benefit to which he or she is entitled hereunder.

  • Settlement Hearing means the hearing set by the Court under Rule 23(e)(2) of the Federal Rules of Civil Procedure to consider final approval of the Settlement.

  • Indemnity Claim has the meaning set forth in Section 8.3.

  • Settlement Classes means the Ontario Settlement Class and the Quebec Settlement Class.

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • First party claimant means an individual, corporation, association, partnership, or other legal entity asserting a right to payment as a covered person under an insurance policy or insurance contract arising out of the occurrence of the contingency or loss covered by such a policy or contract.

  • Disputed Claim means any Claim that is not Allowed.

  • Settled claim means the original tort claim resolved by a structured settlement.

  • Covered Claim means either a Provider Covered Claim or Customer Covered Claim.

  • Authorized Claimant means a Settlement Class Member who submits a Proof of Claim Form to the Claims Administrator that is approved by the Court for payment from the Net Settlement Fund.

  • Third Party Claim has the meaning set forth in Section 8.3.

  • Infringement Claim has the meaning set forth in Section 8.2(a).

  • Eligible Claimant means a person who:

  • Review Panel means a panel responsible for determining whether a reasonable basis exists for finding a violation of BSEF Rules, and for authorizing the issuance of notices of chargers against Persons alleged to have committed violations if the Review Panel believes that the matter should be adjudicated.

  • Indemnified Claim has the meaning set forth in Section 8.2.

  • Settlement Fund means the Settlement Amount plus any and all interest earned thereon.

  • Rejection Claim means a Claim arising from the rejection of an Executory Contract or Unexpired Lease pursuant to section 365 of the Bankruptcy Code.

  • Released Claim means the matters that are subject to release and discharge pursuant to ARTICLE 10 hereof;