Common use of Increased Severity Fund Clause in Contracts

Increased Severity Fund. The Increased Severity Fund is a subfund within the Settlement Fund. Such Fund defines the maximum aggregate amount that may be paid to Settling Breast Implant Claimants whose Claims are resolved under Disease Payment Option I and who are eligible to receive payment for Increased Severity, as specified at Annex A Section 6.02(d)(viii). The Increased Severity Fund shall not exceed $15 million Net Present Value.

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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