Common use of Allocation of Payments among Settling Distributors Clause in Contracts

Allocation of Payments among Settling Distributors. Payments due from the Settling Distributors under this Section IV, Section IX, and Section X will be allocated among the Settling Distributors as follows: McKesson ±38.1%; Amerisource ±31.0%; Cardinal ± $ 6HWWOLQJ 'LVWULEXWRU¶AVgreemVenRt sOhaHll beUHVSRQV to make its share of each payment. The obligations of the Settling Distributors in this Agreement are several and not joint. No Settling Distributor shall be responsible for any portion of another 6HWWOLQJ 'LVWULEXWRU¶V VKDUH J. Pre-payment Option.

Appears in 8 contracts

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

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