Examples of Valid Claimant in a sentence
The Payment Date is thirty days (30) after the Funding Date unless the pro rata amount per Valid Claimant exceeds $65.00 and the Parties have filed disputed motions with the Court as to the distribution of the excess funds.
Specifically, each Valid Claimant shall receive payment of their pro rata share, as determined by dividing the Net Settlement Fund by the number of Valid Claims.
If the Total Claim Amount is equal to or greater than $7,500,000.00, then the Settlement Account amount to be funded by American shall be equal to the Total Claim Amount, and the Refund for each Valid Claimant shall be equal to the amount of their respective At-Issue Baggage Fees.
Settlement benefits will be distributed to Valid Claimants on a pro rata basis up to and including the sum of $65.00 per Valid Claimant.
Each Valid Claimant will receive a $5.30 refund for each of up to three pairs of Knix Products purchased during the Class Period that are reflected in Knix’s records, or for which they submit a valid proof of purchase together with the Claim Form, subject to Section 3.3.2. The maximum cash reimbursement available will be $15.90 per Valid Claimant.
By the Payment Date, the Settlement Administrator shall determine the amounts due to each Valid Claimant and mail checks via First Class U.S. Mail, proper postage prepaid, to the Valid Claimants, drawn from the Settlement Fund as set forth in paragraphs 71- 72 of this Agreement.
In the event that Claims submitted by Class Members who the Settlement Administrator determines are Valid Claimants exceed the total amount of the Class Fund, each Valid Claimant shall have a right to receive a pro rata distribution from the Class Fund.
Id. ¶ 77.In 2015, when MDP acquired Option Care, it offered an equity buy-in to lower level male employees but not to Plaintiff.
If payment checks from the Settlement Fund are returned undeliverable or have not been cashed one hundred and twenty (120) days after the date appearing on the payment check, the Parties agree that the Settlement Administrator shall, within ten (10) days of expiration of that one hundred and twenty (120) day period, distribute the uncashed funds on a pro rata basis to each Valid Claimant who cashed an initial payment check.
The per-person payment to each Valid Claimant depends on certain unknown factors, including the number of valid Claim Forms submitted.