Uncashed Distribution Checks definition
Uncashed Distribution Checks means any Distribution Check payable to a Settlement Class member that is not endorsed and presented to the financial institution or trust company in which the Naylor Settlement Account is established by the earlier of (a) the “Void Date” shown on the Distribution Check, or (b) ninety (90) days from the date when the Settlement Administrator mails the Distribution Check to the Settlement Class Member.
Uncashed Distribution Checks means any Distribution Check payable to a Settlement Class member that is not endorsed and presented to the financial institution or trust company in which the ▇▇▇▇▇▇ Settlement Account is established by the earlier of (a) the “Void Date” shown on the Distribution Check, or (b) ninety (90) days from the date when the Settlement Administrator mails the Distribution Check to the Settlement Class Member.
Uncashed Distribution Checks means any Distribution Check payable to a Class Member that is not endorsed and presented to the financial institution or trust company in which the ▇▇▇▇▇▇ Settlement Account is established within ninety (90) days after Judgment becomes Final and Non-Appealable. Uncashed Distribution Checks shall also include the Net Settlement Amount allocated to those Class Members who are in a suspense status in the distributing operator or other distributing entity's royalty distribution system (i.e., no actual Distribution Checks will issue to Class Members whose interests are being held in suspense); said funds shall remain in the ▇▇▇▇▇▇ Settlement Account pending an order from the Court.