Common use of Cash Conversion of Settlement Product Clause in Contracts

Cash Conversion of Settlement Product. These potential monetary payments are generally addressed in Section IX. The maximum monetary amount Teva shall pay for the cash conversion of Settlement Product is $240,000,000.00. Payments for cash conversion of Settlement Product will be made over twelve (12) years on the Payment Dates. The actual amount paid will depend on, among other things, the level of participation of Eligible States and the number of Settling States opting for cash conversion.

Appears in 6 contracts

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

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Cash Conversion of Settlement Product. These potential monetary payments are generally addressed in Section IX. The maximum monetary amount Teva shall pay for the cash conversion of Settlement Product is $240,000,000.00. Payments for cash conversion conversions of Settlement Product will be made over twelve (12) years on the Payment Dates. The actual amount paid will depend on, among other things, the level of participation of Eligible States and the number of Settling States opting for cash conversion.

Appears in 2 contracts

Samples: Opioid Settlement Agreement (Teva Pharmaceutical Industries LTD), Opioid Settlement Agreement

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