Common use of Opt Outs and Objections Clause in Contracts

Opt Outs and Objections. A Settlement Class Member may opt out of the Settlement Class. To exercise this opt out right, the Settlement Class Member must send written notification of the decision to request exclusion by completing an Opt Out Form, which may simply be in the form of a letter so long as it provides the information required in paragraph 82 of this Agreement. The Opt Out Form shall be sent via first class mail to the Claims Administrator. Opt Out Forms must be submitted by individual Settlement Class Members and will not be valid if submitted in the aggregate or on behalf of a purported class, except that joint owners of the same structure may opt out on the same form. To be valid, Opt Out Forms must be received by the Claims Administrator and/or postmarked on or before the Opt Out Deadline.