Settlement Consumers definition

Settlement Consumers means and includes every Eligible Consumer who does not validly and timely request exclusion (“opt out”) from the Settlement.
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Examples of Settlement Consumers in a sentence

  • After disbursement of any amounts for notice and claims administration costs, taxes, any award of Consumer Counsel Attorneys’ Fees and Expenses, or other payments authorized by the Court, all remaining funds in the Settlement Fund shall be distributed according to a Court-approved Distribution Plan, for the benefit of Settlement Consumers.

  • The Settlement Fund is being paid as compensatory restitution in order to settle, in whole or in part, the damages claims of Settlement Consumers.

  • To avoid doubt, the Final Judgment applies to and is binding upon the Parties, the Settlement Consumers, and their respective heirs, successors, and assigns.

  • The Parties and Settlement Consumers irrevocably submit to the exclusive and continuing jurisdiction of the Court for any suit, action, proceeding, or dispute arising out of or relating to this Settlement Agreement unless otherwise noted herein.

  • Finally, pursuant to the terms of the Settlement, Consumers Energy respectfully requests that the Commission grant a limited waiver of its current Electric Interconnection and Net Metering Standards (“Interconnection Standards”), Mich Admin Code R 460.601a et seq., as necessary to allow the Company to implement the terms of the Agreement.

  • Any and all disputes arising from or related to this Settlement Agreement must be brought by the Parties and/or Settlement Consumers exclusively to the Court.

  • All interest on the funds in the Settlement Fund Escrow Account shall accrue to the benefit of Settlement Consumers, except as specified in Section 5.3.8. Any interest shall not be subject to withholding and shall, if required, be reported appropriately to the Internal Revenue Service by the escrow agent.

  • Access Without Legal Settlement: Consumers may be enrolled and services may be funded by the consortium, in spite of the lack of legal settlement in a county in the consortium.

  • After entering into this Settlement, the Settlement Consumers and/or Plaintiffs may discover facts other than, different from, or in addition to, those that they know or believe to be true with respect to the Claims released by this Settlement, but they intend to release fully, finally and forever any and all such Claims.

  • As described in Section 5.3, a Settlement Fund in the total amount of $630,000,000 to settle claims of the Settlement Consumers.

Related to Settlement Consumers

  • Settlement Administrator means the administrator proposed by the Parties and appointed by the Court to administer the Settlement.

  • 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.

  • Energy consumer means a business or residential consumer of

  • Consumer means any person who is supplied with electricity for his own use by a licensee or the Government or by any other person engaged in the business of supplying electricity to the public under this Act or any other law for the time being in force and includes any person whose premises are for the time being connected for the purpose of receiving electricity with the works of a licensee, the Government or such other person, as the case may be;

  • Settlement Agent means, with respect to any Transaction the subject of which is a Wet-Ink Mortgage Loan, the entity approved by Buyer, in its sole good-faith discretion, which may be a title company, escrow company or attorney in accordance with local law and practice in the jurisdiction where the related Wet-Ink Mortgage Loan is being originated. A Settlement Agent is deemed approved unless Buyer notifies Seller otherwise at any time electronically or in writing.