Payments to Class Members Sample Clauses
The "Payments to Class Members" clause outlines the procedures and terms under which members of a class action lawsuit will receive monetary compensation or other benefits as part of a settlement or judgment. It typically details eligibility criteria, the method and timing of payments, and any necessary steps class members must take to claim their share, such as submitting a claim form or providing documentation. This clause ensures that the distribution of settlement funds is handled fairly and transparently, addressing the practical need to compensate affected individuals efficiently and equitably.
Payments to Class Members. The Settlement Administrator, subject to such supervision and direction of the Court and/or Class Counsel as may be necessary or as circumstances may require, shall administer and/or oversee distribution of the Settlement Fund to Class Members pursuant to this Agreement.
Payments to Class Members. 1. Each Class Member arrested and housed in the cell block area on a highest graded offense which constitutes a Summary, who submits a timely Claim Form will be entitled to receive $1,000.00, subject to the conditions set forth below.
2. Each Class Member arrested and housed in the cell block area on a highest graded offense which constitutes a Misdemeanor, except those misdemeanors involving drug offenses or violent offenses involving physical harm to an individual or use/possession of a weapon of any kind, who submits a timely Claim Form will be entitled to receive $400.00, subject to the conditions set forth below.
3. Each Class Member arrested and housed in the cell block area on a highest graded offense constitutes misdemeanor possession of a small amount of marijuana for personal use, who submits a timely Claim Form will be entitled to receive $100.00, subject to the conditions set forth below.
4. No Class Member shall be entitled to more than his or her individual share of the Distribution Amount regardless of the number of times he or she has been booked and/or Strip Searched at the City of ▇▇▇▇▇▇▇ Police Department.
5. If a Class Member owes child support, or owe costs or fines owed as a result of an adjudication by any of the Courts of the Commonwealth of Pennsylvania, their payment under this Settlement will be credited towards their child support debt or costs or fines owed. For example, if they are entitled to a $400.00 payment under this Settlement and owe $300.00 in child support, costs and/or fines, $300.00 of the $400.00 will go towards satisfying the child support, costs and/or fines obligation, and the Class Member will be paid the remaining $100.00 balance. Likewise, if a Class Member owes $1,000.00 in child support, costs and/or fines, the full $400.00 will be credited towards the debt, reducing the total child support, costs and/or fines to $600.00.
6. The City has the right to challenge individual claims but expects to use this right reasonably and sparingly.
7. No portion of the Distribution Amount shall be disbursed before the Effective Date.
8. The Parties acknowledge that Class Members have an important interest in being able to maintain their privacy in filing a claim on this class action settlement. Accordingly, the identification of any class member making a claim shall be kept confidential and disclosed only to Class Counsel and Defendant’s Counsel, and shall be protected from public disclosure, unless such disclosure is requ...
Payments to Class Members. Within ten (10) days after the entry of the Final Approval Order, Defendant shall transfer the Settlement Fund to the Claims Administrator, less the total amount that will be credited to Class Members by Defendant, as provided in subsection 8(d)(iv), below. The Settlement Fund shall be the total amount Defendant is obligated to pay under the terms of this Agreement and includes (a) Class Counsels’ fees and costs; (b) any service award payment to the Named Plaintiff; (c) costs associated with administering the Notice in accordance with Section 5, above; and (d) any fees paid to the Claims Administrator for services rendered in connection with the administration process. Defendant shall not make any additional or further contributions to the Settlement Fund, even if the total amount of all alleged improper fees charged to the Class Members exceeds the value of the Net Settlement Fund. In the event a Final Approval Order is not issued, or this Agreement is terminated by either party for any reason, including pursuant to Section 16, below, the portion of the Settlement Fund paid to the Claims Administrator (including accrued interest, if any) less expenses actually incurred by the Claims Administrator or due and owing to the Claims Administrator in connection with the settlement provided for herein, shall be refunded to Defendant within two (2) business days.
Payments to Class Members. Within fifteen (15) days after entry of the Preliminary Approval Order, Defendant shall transfer the Settlement Fund into the Escrow Account established by the Settlement Administrator. The Settlement Fund shall be the total amount Defendant is obligated to pay under the terms of this Agreement and includes (a) Class Counsels’ fees and costs; (b) any service award payments to the Named Plaintiffs; (c) costs associated with administering the Notice in accordance with Section 5, above; (d) any fees paid to the Settlement Administrator for services rendered in connection with the administration process; and (e) any cy pres payment. Defendant shall not make any additional or further contributions to the Settlement Fund, nor shall Defendant be responsible for any payments, costs, fees, or obligations other than payment of the Settlement Fund. In the event a Final Approval Order is not issued, or this Agreement is terminated by either Party for any reason, including pursuant to Section 17, below, the portion of the Settlement Fund paid to the Settlement Administrator (including accrued interest, if any) less expenses actually incurred by the Settlement Administrator or due and owing to the Settlement Administrator in connection with the settlement provided for herein, shall be refunded to Defendant within two (2) business days.
Payments to Class Members. Within ten (10) days after the entry of the Final Approval Order, Defendant shall transfer the Settlement Fund to the Claims Administrator, less the total amount that will be credited to Class Members by Defendant, as provided in subsection 7(d)(iv)b(1), below. The Settlement Fund shall be the total amount Defendant is obligated to pay under the terms of this Agreement and includes (a) Class Counsels’ fees and costs;
Payments to Class Members. To determine the Settlement Class Member Payments to Class Members, Defendant shall provide reasonably accessible information and data to Class Counsel’s expert and the Settlement Administrator to determine the Settlement Class Member Payments to the Class Members. The calculation and implementation of allocations of the Settlement Fund contemplated by this section shall be done by Class Counsel’s expert for the purpose of compensating Class Members and shall to the extent reasonably possible be made on a pro rata basis based on the amount of relevant fees paid by a Class Member. Neither Defendant nor its counsel shall have any responsibility for the calculation and Class Members shall have no recourse against Defendant or Defendant’s Counsel with respect to the calculation. The methodology of Settlement Class Member Payments will be applied to the data as consistently, sensibly, and conscientiously and reasonably as possible, recognizing and taking into consideration the nature and completeness of the data and the purpose of the computations. Consistent with its contractual, statutory, and regulatory obligations to maintain security and protect its customers’ private financial information, Defendant shall make available such additional data and information as may reasonably be needed by Class Counsel’s expert to confirm and/or effectuate the calculations and allocations contemplated by this Agreement. Class Counsel shall confer with Defendant’s counsel concerning any such additional data and information. All such data and information produced by Defendant for the purpose of confirming and/or effectuating the calculations and allocations contemplated by this Agreement shall be returned to Defendant’s counsel or destroyed. The costs of Class Counsel’s expert to make this calculation shall be paid from the Settlement Fund and Defendant agrees to use reasonable efforts to aid in data collection efforts to reduce that cost.
Payments to Class Members. Within fifteen (15) days after the entry of a Final Approval Order, Defendant shall transfer the Settlement Fund to the Settlement Administrator, less the total amount that will be credited to certain Class Members by Defendant, as provided in Section 8(d)(iv), below. The Settlement Fund shall be the total amount Defendant is obligated to pay under the terms of this Agreement. Defendant shall not be required, for any reason, to make any additional or further contributions to the Settlement Fund or to make any other payments/credits. The Settlement Fund shall be utilized for all amounts to be paid to Class Members (whether by check or by credit, as applicable), and for any amounts to be paid by the Claims Administrator for (a) Class Counsel’s fees and costs; (b) any service award payment to the Named Plaintiff; (c) costs associated with administering the Notice in accordance with Section 5, above; (d) any fees paid to the Settlement Administrator for services rendered in connection with the administration process; and (e) any other amounts required to be paid to implement this Agreement. Defendant shall not make any additional or further contributions to the Settlement Fund, even if the total amount of all alleged Retry Fees charged to the Class Members exceeds the value of the Net Settlement Fund.
Payments to Class Members. The Settlement Administrator will make payments from the Distributable Settlement Amount on behalf of each Settlement Class Member. For each Former Participant, the Settlement Administrator shall make payment in accord with Section 3.2(d) and (e) below. For each Current Participant, the Settlement Administrator shall direct the current recordkeeper for the Plan to credit the appropriate portion of the Distributable Settlement Fund to the account of each Current Participant pursuant to the Plan of Allocation.
Payments to Class Members under Section II.C.1 are capped at a cumulative total of $2,325, which means that Class Members shall not receive any further cash payments beyond the eighth Transmission Hardware Replacement. Vehicle Discount Certificates are capped at a cumulative total of $4,650, which means that a Class Member shall not receive a Vehicle Discount Certificate beyond the eighth Transmission Hardware Replacement. Class Members may apply more than one valid Vehicle Discount Certificate toward the purchase or lease of a new Ford Vehicle from a Ford Dealer, but the maximum discount shall be $4,650. However, a Class Member may use other valid discount offers from Ford or a Ford Dealer for an additional discount on top of the discount value of the Vehicle Discount Certificate(s).
Payments to Class Members. The Net Settlement Fund shall be divided into two portions, those two portions being 27.78% for “Regulation E Overdraft Charges” and 72.22% for “Sufficient Funds Overdraft Charges.”
(a) The amount paid to each Regulation E Class Member shall be calculated as follows: (.2778 of Net Settlement Fund/Total Regulation E Overdraft Charges) x Total Regulation E Overdrafts Charged of the Regulation E Class Member = Individual Payment
(b) The amount paid to each Sufficient Funds Class Member shall be calculated as follows: