Proof of Claim Form definition
Examples of Proof of Claim Form in a sentence
On January 13, 2004, the Debtors filed the Motion re: for Order (i) Establishing Asbestos Property Damage Claim Bar Date; (ii) Approving Property Damage Proof of Claim Form; and (iii) Approving Scope and Form of Notice (the "Asbestos Property Damage Claim Bar Date Motion").
Each Settlement Class Member who submits a valid, timely Proof of Claim Form that is accepted in whole or in part is an “Authorized Claimant.” Each Authorized Claimant that is determined to have a “Recognized Loss” (as that term will be defined in the Plan of Allocation) shall be allocated a pro rata share of the Net Settlement Fund based on the amount of his, her or its “Recognized Loss” in accordance with the Court-approved Plan of Allocation if their claim is accepted for payment by the Court.
For any partially completed Proof of Claim Forms, the Settlement Administrator shall attempt to contact the Settlement Class Member who submitted the Proof of Claim Form at least one time by e-mail or, if no e-mail address is available, by regular U.S. mail (1) to inform the Settlement Class Member of any errors and/or omissions in the Proof of Claim Form and (2) to give the Settlement Class Member one opportunity to cure any errors and/or omissions in the Proof of Claim Form.
The Proof of Claim Form may be mailed or electronically transmitted.
The Settlement Administrator may reject or accept any Proof of Claim Form submitted, and may, upon its sole discretion, request additional information prior to rejecting or accepting any Proof of Claim Form submitted.