Payments by Subsequent Participating Manufacturers Sample Clauses

Payments by Subsequent Participating Manufacturers. (1) A Subsequent Participating Manufacturer shall have payment obligations under this Agreement only in the event that its Market Share in any calendar year exceeds the greater of (1) its 1998 Market Share or (2) 125 percent of its 1997 Market Share (subject to the provisions of subsection (i)(4)). In the year following any such calendar year, such Subsequent Participating Manufacturer shall make payments corresponding to those due in that same following year from the Original Participating Manufacturers pursuant to subsections VI(c) (except for the payment due on March 31, 1999), IX(c)(1), IX(c)(2) and IX(e). The amounts of such corresponding payments by a Subsequent Participating Manufacturer are in addition to the corresponding payments that are due from the Original Participating Manufacturers and shall be determined as described in subsections (2) and (3) below. Such payments by a Subsequent Participating Manufacturer shall (A) be due on the same dates as the corresponding payments are due from Original Participating Manufacturers; (B) be for the same purpose as such corresponding payments; and (C) be paid, allocated and distributed in the same manner as such corresponding payments.
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Payments by Subsequent Participating Manufacturers. 78 (j) Order of Application of Allocations, Offsets, Reductions and Adjustments . . . . . . . . . . . . . . . . . . . . . . . . .80 X. EFFECT OF FEDERAL TOBACCO-RELATED LEGISLATION . . . . . . . . . . . .83 -iii- XI. CALCULATION AND DISBURSEMENT OF PAYMENTS. . . . . . . . . . . . . . .86
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