Common use of Payments to Class Members Clause in Contracts

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).

Appears in 2 contracts

Sources: Settlement Agreement, Settlement Agreement