Settlement Payment Recipients definition

Settlement Payment Recipients means all Eligible Beneficial Owners and all Eligible Record Holders.

Settlement Payment Recipients means all Settlement Class Members who were shareholders of record of J.Crew common stock at the Closing of the Merger and who would be entitled to a pro rata distribution of the Settlement Amount (as defined herein).

Settlement Payment Recipients means all Settlement Class Members who were shareholders of record of Del Monte common stock at the Closing, who received consideration in the Merger upon exchange of Del Monte common stock, and who submitted a valid Proof of Claim to the Paying Agent.

Examples of Settlement Payment Recipients in a sentence

• The Administration Fund shall be used by Co-Lead Counsel or its designees only to pay Administrative Costs and distributing the Net Settlement Amount to Settlement Payment Recipients.

• At the Closing, J.Crew, on behalf of itself and the Individual Defendants, deposited a one-time settlement payment of $10 million into the custody of a paying agent (the “Paying Agent”) for the subsequent disbursement to the Settlement Payment Recipients (the “Initial Settlement Payment”).

• If, after J.Crew has made reasonable efforts to have Settlement Payment Recipients claim their payments, the amount of the Settlement Amount that remains unclaimed by the Settlement Payment Recipients (the “Unclaimed Amount”) exceeds $500,000 after a period of six (6) months after the initial disbursement, then the Unclaimed Amount will be re-disbursed by the Paying Agent for payment to all Settlement Payment Recipients on a pro rata basis.

More Definitions of Settlement Payment Recipients

Settlement Payment Recipients means (a) all Eligible Closing Date Stockholders; (b) all Eligible Category 1 Selling Stockholders; and (c) all Eligible Category 2 Selling Stockholders.

Settlement Payment Recipients means all Class Members who were stockholders of record of Sterling common stock as of the Closing who submit a valid Proof of Claim to the Settlement Administrator by the deadline in the Notice.

Settlement Payment Recipients means all Tendering Stockholders and Non-Tendering Stockholders.

Settlement Payment Recipients means all Class Members who were beneficial holders of CNX Gas common stock on May 26, 2010, or if they did not tender their shares in the Tender Offer, at the time of the consummation of the short-form merger on May 28, 2010 (the “Closing”), and who received consideration for shares of CNX Gas common stock in the Transaction, and who submitted a valid claim form in the form attached hereto as Exhibit C (the “Proof of Claim”) to the Paying Agent.

Settlement Payment Recipients means all Settlement Class Members who were shareholders of record of Del Monte common stock at the Closing, who received consideration in the Merger upon exchange of Del Monte common stock and who submitted a valid Proof of Claim to the Paying Agent.

Settlement Payment Recipients means Class Members as to whom (i) notice of the proposed settlement was mailed and (ii) after reasonable efforts, the notice was not returned as undeliverable.

Settlement Payment Recipients means all Class Members who held Dole common stock at the time of the Closing and submit a valid Proof of Claim to the Settlement Administrator.