Examples of Silica PI Trust in a sentence
A representative of the Silica PI Trust with settlement authority must participate in the conference.
The Trustee must base his or her determination of the Payment Percentage on current estimates of the number, types, and values of present and future Silica PI Trust Claims, the value of the assets then available to the Silica PI Trust for their payment, all anticipated administrative and legal expenses, and any other material matters that are reasonably likely to affect the sufficiency of Silica PI Trust funds to pay a comparable percentage of full value to all holders of Silica PI Trust Claims.
Such Additional Level I Payment is conditioned upon the Silica PI Trust having enough funds remaining at the end of the Calculation Period to make payments to Additional Level I Claimants.
The claimant may, but will not be required to, provide the Silica PI Trust with evidence of recovery from other silica defendants and claims resolution organizations; provided, however, that in the case of Extraordinary Claims, the claimant shall provide the Silica PI Trust with evidence of recovery from other silica defendants and claims resolution organizations.
In the event that the Silica PI Trust reasonably determines that any individual or entity has engaged in a pattern or practice of providing unreliable medical evidence to the Silica PI Trust, it may decline to accept additional evidence from such provider in the future.
However, any written or oral information or other materials submitted to the mediator by either the Silica PI Trust or the claimant may be submitted by either party to the arbitrator in an arbitration that takes place under these ADR procedures.
If a Silica Unsecured PI Trust Claim meets any of the tolling provisions described in the preceding sentence and the claim was not barred by the applicable statute of limitation at the time of the tolling event, it will be treated as timely filed if it is actually filed with the Silica PI Trust within three (3) years after the Silica PI Trust first began accepting claims.
The Trustee shall obtain the consent of the Silica TAC and the Legal Representative on any amendments to this Silica TDP pursuant to section 7.1 below, and on such other matters as are otherwise required below and in section 2.2(f) of the Silica PI Trust Agreement.
Upon written request and good cause, the Silica PI Trust may extend the withdrawal or deferral period for an additional six months.
Within six months after the establishment of the Silica PI Trust, the Trustee, with the consent of the Silica TAC and the Legal Representative, shall adopt procedures for reviewing and liquidating all unliquidated Silica Unsecured PI Trust Claims, which shall include deadlines for processing such claims.