Covered Other Products Fund. The Covered Other Products Fund is a subfund within the Settlement Fund. The sum of $36 million Net Present Value shall be defined as the Covered Other Products Fund. The maximum amount payable to Settling Covered Other Products Claimants shall not exceed $36 million Net Present Value. Of the aggregate $36 million, the sum of $6 million Net Present Value shall be defined as a “Premium Payment” for purposes of priority of distribution under Section 7.01.
Appears in 4 contracts
Samples: Settlement Facility and Fund Distribution Agreement, Settlement Facility and Fund Distribution Agreement, Settlement Facility and Fund Distribution Agreement
