Creation and Implementation of a Qualified Settlement Fund Sample Clauses

Creation and Implementation of a Qualified Settlement Fund. 1. Establishing the Qualified Settlement Fund. The Gross Fund will be deposited in an account titled Vail Settlement Fund (herein, the “Settlement Fund”), intended by the Settling Parties to be a “Qualified Settlement Fund” as described in Section 468B of the Internal Revenue Code of 1986, as amended, and Treas. Reg. Section 1.468B-1, et seq. The Settlement Fund shall be established as a Qualified Settlement Fund within the meaning of Section 468B of the Internal Revenue Code of 1986, as amended, the Treas. Reg. Section
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Creation and Implementation of a Qualified Settlement Fund. 1. Establishing the Qualified Settlement Fund. The Gross Fund shall be deposited in an account titled PNC CSR Settlement Fund (the “Settlement Fund”), intended by the Settling Parties to be a “Qualified Settlement Fund” as described in Section 468B of the Internal Revenue Code of 1986, as amended, and Treas. Reg. Section 1.468B-1, et seq.The Settling Parties shall cooperate to ensure such treatment and shall not take a position in any filing or before any tax authority inconsistent with such treatment. The Settling Parties agree to any relation-back election required to effectuate such treatment as of the earliest possible date.
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Creation and Implementation of a Qualified Settlement Fund. 1. Establishing the Qualified Settlement Fund. The Gross Fund shall be deposited in an account titled Ashland Chemical Operator Settlement Fund (the “Settlement Fund”), intended by the Settling Parties to be a “Qualified Settlement Fund” as described in Section 468B of the Internal Revenue Code of 1986, as amended, and Treas. Reg. Section 1.468B-1, et seq. The Settling Parties shall cooperate to ensure such treatment and shall not take a position in any filing or before any tax authority inconsistent with such treatment. The Settling Parties agree to any relation-back election required to effectuate such treatment as of the earliest possible date.
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Creation and Implementation of a Qualified Settlement Fund. 1. Establishing the Qualified Settlement Fund. The Gross Fund will be deposited in an account titled Equitable Settlement Fund (the “Settlement Fund”), intended by the Settling Parties to be a “Qualified Settlement Fund” as described in Section 468B of the Internal Revenue Code of 1986, as amended, and Treas. Reg. Section 1.468B-1, et seq. The Settlement Fund shall be administered by the Settlement Administrator, subject to the ultimate authority of the Court. The payments to the Settlement Fund, and the timing of the payments to the Settlement Fund, are described in paragraphs III(C) and III(G)(1).
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Creation and Implementation of a Qualified Settlement Fund 
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Related to Creation and Implementation of a Qualified Settlement Fund

  • Qualified Settlement Fund The Administrator shall establish a settlement fund that meets the requirements of a Qualified Settlement Fund (“QSF”) under US Treasury Regulation section 468B-1.

  • Settlement Funding and Payments 4.1 Class Workweeks and Aggrieved Employee Pay Periods. Based on a review of its records to date, Defendant estimates that there are 140 Class Members who collectively worked a total of 12,500 Workweeks, and 109 Aggrieved Employees who worked a total 2,402 of PAGA Pay Periods.

  • The Settlement Fund 37. Releasors shall look solely to the Settlement Fund for settlement and satisfaction of all Released Claims against the DENSO Defendants and the Releasees, and shall have no other recovery against the DENSO Defendants or any other Releasee for any Released Claims.

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