National Public Education Fund Payments Sample Clauses

National Public Education Fund Payments. (1) Each Original Participating Manufacturer shall severally pay its Relative Market Share of the following base amounts on the following dates to the Escrow Agent for the benefit of the Foundation's National Public Education Fund to be used for the purposes and as described in subsections VI(f)(1), VI(g) and VI(h) below: $250,000,000 on March 31, 1999; $300,000,000 on March 31, 2000; $300,000,000 on March 31, 2001; $300,000,000 on March 31, 2002; and $300,000,000 on March 31, 2003, as such amounts are modified in accordance with this subsection (c). The payment due on March 31, 1999 pursuant to this subsection (c)(1) is to be credited to the Subsection VI(c) Account (First). The payments due on or after March 31, 2000 pursuant to this subsection VI(c)(1) are to be credited to the Subsection VI(c) Account (Subsequent).
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National Public Education Fund Payments. (1) Each Original Participating Manufacturer shall severally pay its Relative Market Share of the following base amounts on the following dates to the Escrow Agent for the benefit of the Foundation's National Public Education Fund to be used for the purposes and as described in subsections VI(f)(l), VI(g) and VI(h) below: $250,000,000 on March 31 , 1 999; $300,000,000 on March 31 , 2000; $300,000,000 on March 31 , 200 1; $300,000,000 on March 31 , 2002; and $300,000,000 on March 31 , 2003, as such amounts are modified in accordance with this subsection (c). The payment due on March 31 , 1 999 pursuant to this subsection (c)( 1) is to be credited to the Subsection VI(c) Account (First). The payments due on or after March 31 , 2000 pursuant to this subsection VI(c)(1) are to be credited to the Subsection VI(c) Account (Subsequent).
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