Common use of Qualified Settlement Fund or QSF Clause in Contracts

Qualified Settlement Fund or QSF. “Qualified Settlement Fund” or “QSF” means the account established and maintained in accordance with Treasury Regulation § 1.468B-1 et seq. by the Settlement Administrator for the Gross Settlement Amount paid by Defendant. The QSF will be controlled by the Settlement Administrator subject to the terms of this Agreement and the Court’s Preliminary Approval Order and Final Approval Order. Interest, if any, earned on the QSF will become part of the Gross Settlement Amount.

Qualified Settlement Fund or QSF. “Qualified Settlement Fund” or “QSF” means the account established and maintained in accordance with Treasury Regulation § 1.468B-1 et seq. by the Settlement Claims Administrator and funded by the Defendants for the Gross purpose of holding the Settlement Amount paid by Defendantand distributing all approved amounts to the proper individuals and parties. The QSF will be controlled by the Settlement Claims Administrator subject to the terms of this Agreement and the Court’s orders regarding Preliminary Approval Order and Final Approval OrderApproval. Interest, if any, earned on the QSF will become part of the Gross Settlement Amount.

Qualified Settlement Fund or QSF. “Qualified Settlement Fund” or “QSF” means the fund or account established and maintained in accordance with by the Settlement Claims Administrator, within the meaning of Treasury Regulation § 1.468B-1 1.468B-1, et seq. by the Settlement Administrator for the Gross Settlement Amount paid by Defendant. The QSF will be controlled by the Settlement Administrator subject to the terms of this Agreement and the Court’s Preliminary Approval Order and Final Approval Order. Interest, if any, earned on the QSF will become part of the Gross Settlement Amount.

Qualified Settlement Fund or QSF. “Qualified Settlement Fund” or “QSF” means the account established and maintained in accordance with Treasury Regulation § 1.468B-1 et seq. by the Settlement Claims Administrator for the Gross Settlement Amount paid by DefendantSettling Entities. The QSF will be controlled by the Settlement Claims Administrator subject to the terms of this Agreement and the Court’s Orders for Preliminary Approval Order and Final Approval OrderApproval. Interest, if any, earned on the QSF will become part of the Gross Settlement Amount.

Qualified Settlement Fund or QSF. “Qualified Settlement Fund” or “QSF” ’ means the account established and maintained in accordance with Treasury Regulation § 1.468B-1 et seq. by the Settlement Claims Administrator for the Gross Settlement Amount paid by Defendant. The QSF will be controlled by the Settlement Claims Administrator subject to the terms of this Agreement and the Court’s Orders for Preliminary Approval Order and Final Approval OrderApproval. Interest, if any, earned on the QSF will become part of the Gross Settlement Amount.

Qualified Settlement Fund or QSF. “Qualified Settlement Fund” or “QSF” means the account established and maintained in accordance with Treasury Regulation § 1.468B-1 et seq. by the Settlement Claims Administrator for the Gross Settlement Amount paid by Defendant. The QSF will be controlled by the Settlement Claims Administrator subject to the terms of this Agreement and the Court’s Orders for Preliminary Approval Order and Final Approval OrderApproval. Interest, if any, earned on the QSF will become part of the Gross Settlement Amount.