Examples of Settlement Program Claimant in a sentence
For the avoidance of doubt, if a Settlement Program Claimant appeals any portion of his/her Settlement Program Award pursuant to Section 5.4), s/he will not be placed on the First Supplemental 2016 EBP Award Report and, therefore, HOC will not fund any portion of his/her Settlement Program Award (including the Net Base Award or Net QRS-Related Enhancements Benefit) until all appeals brought by the individual Qualified Claimant are resolved.
For the avoidance of doubt, it is understood and agreed that any and all such defenses (and any and all other available defenses) shall be available to HOC with respect to any litigation outside of this Agreement with such Enrolled Claimant or Settlement Program Claimant (including in the event the Release is returned as set forth herein).
No right to receive a Settlement Award Payment pursuant to the Settlement Program may be assigned – at any time, including but not limited to prior to the Execution Date – by any Eligible Claimant, Settlement Program Claimant and/or any Principal Responsible Attorney without the prior written consent of HOC.
The Claims Processor shall endeavor to make all Settlement Payments owed in relation to any particular Program Claim pursuant to this Agreement payable in the name of the relevant Settlement Program Claimant, his/her Counsel (if any) and each related Executing Derivative Claimant, subject to a reduction pursuant to common benefit fees and reimbursement of costs as set forth in Section 4.3.3 (for the avoidance of doubt, any such reduction nonetheless shall constitute a Settlement Award Payment).
Liens in this context shall include, without limitation, all liens, actions or notices asserted against a Settlement Program Claimant, a Released Party, or others.
If the Claims Processor agrees with the Settlement Program Xxxxxxxx’s position, the Claims Processor will issue an amended determination notice, which will then provide the Settlement Program Claimant a new period to consider an appeal.
Without limitation of Section 21.9.2, no Administrator, or employee or agent of any Administrator, shall be liable to any Eligible Claimant, Enrolled Claimant, Settlement Program Claimant or Principal Responsible Attorney for his/her acts or omissions, or those of any agent or employee of any Administrator, in connection with the Settlement Program except, with respect to each such Person, for such Person’s own willful misconduct.
For the avoidance of doubt, if a Settlement Program Claimant appeals any Enhancement pursuant to Section 5.4, s/he will not be placed on a Supplemental EBP Award Report.
To the extent any settlement award constitutes a tax liability of the Settlement Program Claimant, it is the Settlement Program Claimant’s responsibility to pay such tax.
Provision, however, can be made for the Claims Processor to cause a Settlement Award Payment to be issued electronically to the Primary Law Firm of each Settlement Program Claimant in trust for such Settlement Program Claimants.