BENEFITS TO THE CLASS. A. Pursuant to the terms and conditions set forth in this Agreement, American agrees to fund the Settlement Account, which will be used to pay all Refunds. B. Subject to the terms of this Agreement, Settlement Class Members who submit a Verified Claim shall be eligible to receive: 1. A full refund of their At-Issue Baggage Fees and interest on their At-Issue Baggage Fees calculated at a five (5) percent annual rate from July 13, 2017 until the date that the Court sets in the Preliminary Approval Order for holding the Fairness Hearing, for any Baggage Policy Bags; and/or 2. A refund of seventy-five (75) percent of their At-Issue Baggage Fees, for any Confirmation Email Bags.
Appears in 2 contracts
Sources: Settlement Agreement, Settlement Agreement