Common use of Application of Adjustments Clause in Contracts

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

Appears in 8 contracts

Sources: Settlement Agreement, Settlement Agreement, Settlement Agreement