Base Payments. 1. Teva shall make Base Payments into the Settlement Fund in an amount equal to 45% of the Net Abatement Amount of $2,945,529,111.00 minus any offsets for Non-Settling States specified in subsection VII.C.1. The maximum total for Base Payments is $1,325,488,100.00. The Base Payments will be paid in accordance with the Settlement Payment Schedule specified by Exhibit M-1, subject to potential offsets for Non-Settling States as provided in subsection VII.C.1.
Appears in 7 contracts
Samples: Opioid Settlement Agreement (Teva Pharmaceutical Industries LTD), Opioid Settlement Agreement, Opioid Settlement Agreement
