Common use of A Later Participating Clause in Contracts

A Later Participating. Subdivision that becomes a Participating Subdivision while a Bar or Case-Specific Resolution involving a different Subdivision exists in its State shall receive twenty-five percent (25%) of the share of future base or incentive payments that it would have received had it become a Later Participating Subdivision without such Bar or Case-Specific Resolution.

Appears in 8 contracts

Samples: Distributor Settlement Agreement, Settlement Agreement, Distributor Settlement Agreement

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