Settlement Payment Distribution Sample Clauses

Settlement Payment Distribution. If the Court approves the Settlement of this Action, Cardinal Financial, either itself or through the Claims Administrator, must mail the Settlement Payments to the Authorized Claimants within sixty (60) calendar days following the Final Settlement Date.
Settlement Payment Distribution. If the Court approves the Settlement of this Action, the Claims Administrator, must mail the Settlement Payments to the Authorized Claimants within thirty (30) calendar days following the Final Settlement Date.

Related to Settlement Payment Distribution

  • Settlement Payment If the resulting net amount is positive, it shall be payable by the Defaulting Party to the Non-Defaulting Party, and if it is negative, then the absolute value of such amount shall be payable by the Non-Defaulting Party to the Defaulting Party.

  • Settlement Fund All payments under this Section IV shall be made into the Settlement Fund, except that, where specified, they shall be made into the Settlement Fund Escrow. The Settlement Fund shall be allocated and used only as specified in Section V.