Common use of First Priority Payments/Settlement Fund Other Payments Clause in Contracts

First Priority Payments/Settlement Fund Other Payments. The Claims Administrator shall distribute First Priority Payments in respect of Allowed Claims as soon as reasonably practicable following approval. The Claims Administrator shall distribute payments in respect of Allowed Settlement Fund Other Payments as soon as reasonably practicable following Allowance.

Appears in 5 contracts

Samples: Settlement Facility and Fund Distribution Agreement, Settlement Facility and Fund Distribution Agreement, Settlement Facility and Fund Distribution Agreement

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