Common use of Amount of Deferred Payments Clause in Contracts

Amount of Deferred Payments. The El Paso Settling Parties jointly and severally (subject to Paragraph 4.1(d)(iv) below as to EPNG only) agree to pay to the Settlement Fund the principal amount of Eight Hundred Seventy-Five Million Six Hundred Twenty-Six Thousand Seventy Two Dollars ($875,626,072) (the "Deferred Payments"), which amount shall be paid in forty (40) semi-annual installments, each in the amount of $21,890,651.80, unless adjusted as provided below, commencing on July 1, 2004, and thereafter on the first day of each January and July until paid in full; provided, however, that:

Amount of Deferred Payments. The El Paso Settling Parties jointly and severally (subject to Paragraph 4.1(d)(iv) below as to EPNG only) agree to pay to the Settlement Fund the principal amount of Eight Hundred Seventy-Five Million Six Hundred Twenty-Six Thousand Seventy Two Dollars ($875,626,072) (the "“Deferred Payments"”), which amount shall be paid in forty (40) semi-annual installments, each in the amount of $21,890,651.80, unless adjusted as provided below, commencing on July 1, 2004, and thereafter on the first day of each January and July until paid in full; provided, however, that: