Common use of Offsets to Annual Payments to the Settlement Fund for Non Clause in Contracts

Offsets to Annual Payments to the Settlement Fund for Non. Settling States 1. An offset equal to the Net Abatement Amount of $1,799,186,751.00 times the State Allocation Percentage assigned to each Non-Settling State in Exhibit F-2 shall be deducted from the total amount to be paid by Allergan to the Settlement Fund. 2. Non-Settling States shall not be eligible for any payments or have any rights in connection with this Agreement. Accordingly, the stated maximum dollar amounts of the Annual Payments specified in Exhibit M are reduced by the aggregate State Allocation Percentage of Non-Settling States as set forth in Exhibit F-2.

Appears in 9 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

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Offsets to Annual Payments to the Settlement Fund for Non. Settling States 1. An offset equal to the Net Abatement Amount of $1,799,186,751.00 2,945,529,111.00 times the State Allocation Percentage assigned to each Non-Settling State in Exhibit F-2 shall be deducted from the total amount to be paid by Allergan Teva to the Settlement Fund. 2. Non-Settling States shall not be eligible for any payments or have any rights in connection with this Agreement. Accordingly, the stated maximum dollar amounts of the Annual Payments specified in Exhibit M are reduced by the aggregate State Allocation Percentage of Non-Settling States as set forth in Exhibit F-2.

Appears in 6 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

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Offsets to Annual Payments to the Settlement Fund for Non. Settling States 1. An offset equal to the Net Abatement Amount of $1,799,186,751.00 2,945,529,111.00 times the State Allocation Percentage assigned to each Non-Settling State in Exhibit F-2 shall be deducted from the total amount to be paid by Allergan Teva to the Settlement Fund. 2. Non-Settling States shall not be eligible for any payments or have any rights in connection with this Agreement. Accordingly, the stated maximum dollar amounts of the Annual Payments specified in Exhibit M are reduced by the aggregate State Allocation Percentage of Non-Settling States as set forth in Exhibit F-2.. Table of Contents

Appears in 1 contract

Samples: Settlement Agreement (Teva Pharmaceutical Industries LTD)

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