Common use of Later Participating Subdivisions Clause in Contracts

Later Participating Subdivisions. A Subdivision that is not an Initial Participating Subdivision may become a Later Participating Subdivision by meeting the applicable requirements for becoming a Participating Subdivision after the Initial Participation Date and agreeing to be subject to the terms of the agreement reached by New York State with Initial Participating Subdivision. A Later Participating Subdivision shall not receive any share of any base or incentive payments paid to the Qualified Settlement Fund that were due before it became a Participating Subdivision.‌

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

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Later Participating Subdivisions. A Subdivision that is not an Initial Participating Subdivision may become a Later Participating Subdivision by meeting the applicable requirements for becoming a Participating Subdivision after the Initial Participation Date and agreeing to be subject to the terms of the agreement reached by New York the State of Ohio with Initial Participating SubdivisionSubdivisions. A Later Participating Subdivision shall not receive any share of any base or incentive payments paid to the Qualified Settlement Fund that were due before it became a Participating Subdivision.‌Subdivision.

Appears in 1 contract

Samples: Settlement Agreement

Later Participating Subdivisions. A Subdivision that is not an Initial Participating Subdivision may become a Later Participating Subdivision by meeting the applicable requirements for becoming a Participating Subdivision after the Initial Participation Date and agreeing to be subject to the terms of the agreement reached by New York the State with Initial Participating SubdivisionSubdivisions. A Later Participating Subdivision shall not receive any share of any base or incentive payments paid to the Qualified Settlement Fund that were due before it became a Participating Subdivision.‌Subdivision.

Appears in 1 contract

Samples: Settlement Agreement

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Later Participating Subdivisions. A Subdivision that is not an Initial Participating Subdivision may become a Later Participating Subdivision by meeting the applicable requirements for becoming a Participating Subdivision after the Initial Participation Date and agreeing to be subject to the terms of the agreement reached by New York the State of Rhode Island with Initial Participating SubdivisionSubdivisions. A Later Participating Subdivision shall not receive any share of any base or incentive payments paid to the Rhode Island Qualified Settlement Fund that were due before it became a Participating Subdivision.‌Subdivision.

Appears in 1 contract

Samples: Settlement Agreement

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