Incentive Payment C Sample Clauses

Incentive Payment C. Incentive Payment C shall be available to Settling States that are not eligible for Incentive Payment A for a Payment Year, including to Settling States that are also eligible for Incentive Payment B. Incentive Payment C shall be equal to up to fifteen percent (15%) of the Net Abatement Amount multiplied by the aggregate Overall Allocation Percentage of the Settling States. Incentive Payment C will be due to a Settling State as part of the Annual Payment in each of the eighteen (18) Payment Years that a Settling State is eligible for Incentive Payment C and equal a total potential maximum of $2,783,102,054 if all States are eligible for all eighteen (18) Payment Years. Each Settling State’s maximum share of Incentive Payment C in a given year shall equal the total maximum amount available for Incentive Payment C for that year as reflected in Exhibit M multiplied by the Settling State’s Overall Allocation Percentage. Eligibility for Incentive Payment C is as follows:
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Incentive Payment C. Incentive Payment C shall be available to Settling States that are not eligible for Incentive Payment A for a Payment Year, including to Settling States that are also eligible for Incentive Payment B. Incentive Payment C shall be equal to up to fifteen percent (15%) of the Net Abatement Amount multiplied by the aggregate Overall Allocation Percentage of the Settling States. Incentive Payment C will be due to a Settling State as part of the Annual Payment in each of the eighteen (18) Payment Years that a Settling State is eligible for Incentive Payment C and equal a total potential maximum of $2,783,102,054 if all States are eligible for all eighteen (18) 3D\PHQW <HDUV (DFK 6HWWOLQJ 6WDWH¶V PD[L year shall equal the total maximum amount available for Incentive Payment C for that year as reflected in Exhibit M PXOWLSOLHG E\ WKH 6HWWOLQJ 6WD Percentage. Eligibility for Incentive Payment C is as follows:
Incentive Payment C a. Incentive Payment C shall be available to Settling States that do not qualify for Incentive Payment A.
Incentive Payment C. Incentive Payment C shall be available to New York State if New York State is not eligible for Incentive Payment A for a Payment Year. Incentive Payment C shall be equal to up to 15% of the New York Settlement Abatement Amount. Incentive Payment C will be due as part of the Annual Payment in each of the eighteen (18) Payment Years that New York State is eligible for Incentive Payment C and equal a total potential maximum of $150,019,814 if New York State is eligible for all eighteen (18) Payment Years. The maximum Incentive Payment C in a given year shall equal the total maximum amount available for Incentive Payment C for that year as reflected in Exhibit G multiplied by New York State’s Incentive Payment C Eligibility Percentage. Eligibility for Incentive Payment C is as follows:‌
Incentive Payment C. Incentive Payment C shall be available to the State of Ohio if the State of Ohio is not eligible for Incentive Payment A for a Payment Year. Incentive Payment C shall be equal to up to fifteen percent (15%) of the Ohio
Incentive Payment C. Incentive Payment C shall be available to the State of Rhode Island if the State of Rhode Island is not eligible for Incentive Payment A for a Payment Year. Incentive Payment C shall be equal to up to fifteen percent (15%) of the Rhode Island Settlement Abatement Amount. Incentive Payment C will be due as part of the Annual Payment in each of the eighteen (18) Payment Years that the State of Rhode Island is eligible for Incentive Payment C and equal a total potential maximum of $13,625,029 if the State of Rhode Island is eligible for all eighteen (18)
Incentive Payment C. Incentive Payment C shall be available to Texas if Texas is not eligible for Incentive Payment A for a Payment Year. Incentive Payment C shall be equal to up to 15% of the Texas Settlement Abatement Amount. Incentive Payment C will be due as part of the Annual Payment in each of the eighteen (18) Payment Years that Texas is eligible for Incentive Payment C and equal a total potential maximum of
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Related to Incentive Payment C

  • Incentive Payments The Settlement Fund Administrator will treat incentive payments under Section IV.F on a State-specific basis. Incentive payments for which a Settling State is eligible under Section IV.F will be allocated fifteen percent (15%) to its State Fund, seventy percent (70%) to its Abatement Accounts Fund, and fifteen percent (15%) to its Subdivision Fund. Amounts may be reallocated and will be distributed as provided in Section V.D.

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