Common use of Components of Settlement Fund Clause in Contracts

Components of Settlement Fund. The Settlement Fund shall be comprised of an Abatement Accounts Fund, a State Fund, and a Subdivision Fund for each Settling State. The payments made under Section IV into the Settlement Fund shall be initially allocated among those three (3) sub-funds and distributed and used as provided below. Payments placed into the Settlement Fund do not revert back to the Settling Distributors.

Appears in 25 contracts

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

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Components of Settlement Fund. The Settlement Fund shall be comprised of an Abatement Accounts Fund, a State Fund, and a Subdivision Fund for each Settling State. The payments made under Section IV V into the Settlement Fund shall be initially allocated among those three (3) sub-funds and distributed and used as provided belowbelow or as provided for by a State-Subdivision Agreement (or other State-specific allocation of funds). Payments Unless otherwise specified herein, payments placed into the Settlement Fund do not revert back to the Settling DistributorsXxxxxxx.

Appears in 13 contracts

Samples: Janssen Settlement Agreement, Janssen Settlement Agreement, Janssen Settlement Agreement

Components of Settlement Fund. The Settlement Fund shall be comprised of an Abatement Accounts Fund, a State Fund, and a Subdivision Fund for each Settling State. The payments made under Section IV VI into the Settlement Fund shall be initially allocated among those three (3) sub-funds and distributed and used as provided belowbelow or as provided for by a State- Subdivision Agreement (or other State-specific allocation of funds). Payments Unless otherwise specified herein, payments placed into the Settlement Fund do not revert back to the Settling DistributorsAllergan.

Appears in 9 contracts

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

Components of Settlement Fund. The Settlement Fund shall be comprised of an Abatement a Remediation Accounts Fund, a State Fund, and a Subdivision Fund for each Settling State. The payments payment made under Section IV into the Settlement Fund shall be initially allocated among those three (3) sub-funds and distributed and used as provided below. Payments placed into the Settlement Fund do not revert back to the Settling Distributorsbelow or as provided for by a State- Subdivision Agreement (or other State-specific allocation of funds).

Appears in 7 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

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Components of Settlement Fund. The Settlement Fund shall be comprised of an Abatement Accounts Fund, a State Fund, and a Subdivision Fund for each Settling State. The payments made under Section IV VI into the Settlement Fund shall be initially allocated among those three (3) sub-funds and distributed and used as provided belowbelow or as provided for by a State- Subdivision Agreement (or other State-specific allocation of funds). Payments Unless otherwise specified herein, payments placed into the Settlement Fund do not revert back to the Settling DistributorsTeva.

Appears in 6 contracts

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

Components of Settlement Fund. The Settlement Fund shall be comprised of an Abatement Accounts Fund, a State Fund, and a Subdivision Fund for each Settling State. The payments made under Section IV VI into the Settlement Fund shall be initially allocated among those three (3) sub-funds and distributed and used as provided belowbelow or as provided for by a State-Subdivision Agreement (or other State-specific allocation of funds). Payments Unless otherwise specified herein, payments placed into the Settlement Fund do not revert back to the Settling DistributorsTeva.

Appears in 1 contract

Samples: Opioid Settlement Agreement (Teva Pharmaceutical Industries LTD)

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