Common use of Application of Adjustments Clause in Contracts

Application of Adjustments. If a suspension, offset, or reduction under Section XII or Section XIII applies with respect to a Settling State, the suspension, offset, or reduction shall be applied proportionally to all amounts that would otherwise be apportioned and distributed to the State Fund, the Abatement Accounts Fund, and the Subdivision Fund for that State.

Appears in 27 contracts

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

AutoNDA by SimpleDocs

Application of Adjustments. If a suspensionreduction, offset, or reduction suspension under Section XII or Section XIII IX applies with respect to a Settling State, the suspensionreduction, offset, or reduction suspension shall be applied proportionally to all amounts that would otherwise be apportioned and distributed to the State Fund, the Abatement Accounts Fund, and the Subdivision Fund for that State.

Appears in 15 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

AutoNDA by SimpleDocs

Application of Adjustments. If a suspension, offset, offset or reduction under Section XII XI or Section XIII XII applies with respect to a Settling State, the suspension, offset, offset or reduction shall be applied proportionally to all amounts that would otherwise be apportioned and distributed to the State Fund, the Abatement Remediation Accounts Fund, and the Subdivision Fund for that State.

Appears in 4 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!