Common use of Base Payments Clause in Contracts

Base Payments. 1. Allergan shall make Base Payments into the Settlement Fund in an amount equal to 45% of the Net Abatement Amount of $1,799,186,751.00 minus any offsets for Non-Settling States specified in Section VII.C.I. The maximum total for Base Payments is $809,634,037.95. The Base Payments will be paid in accordance with the Settlement Payment Schedule specified by Exhibit M, subject to potential offsets for Non-Settling States as provided in Section VII.C.1.

Appears in 9 contracts

Samples: Opioid Settlement Agreement, Opioid Settlement Agreement, Opioid Settlement Agreement

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