Common use of Restrictions on Distribution Clause in Contracts

Restrictions on Distribution. No amounts may be distributed from the Subdivision Fund contrary to Section VII, i.e., no amounts may be distributed directly to Non- Participating Subdivisions or to Later Participating Subdivisions in excess of what is permissible under subsection VII.E. Amounts allocated to the Subdivision Fund that cannot be distributed by virtue of the preceding sentence shall be distributed into the sub-account in the Abatement Accounts Fund for the Settling State in which the Subdivision is located, unless those payments are redirected elsewhere by a State-Subdivision Agreement described in subsection VI.D.1 or by an Allocation Statute or a Statutory Trust described in subsection VI.D.2.

Appears in 15 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

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Restrictions on Distribution. No amounts may be distributed from the Subdivision Fund contrary to Section VIIIX, i.e., no amounts may be distributed directly to Non- Participating Subdivisions or to Later Participating Subdivisions in excess of what is permissible under subsection VII.E. IX.E. Amounts allocated to the Subdivision Fund that cannot be distributed by virtue of the preceding sentence shall be distributed into the sub-account in the Abatement Accounts Fund for the Settling State in which the Subdivision is located, unless those payments are redirected elsewhere by a State-Subdivision Agreement described in subsection VI.D.1 VIII.E.1 or by an Allocation Statute or a Statutory Trust described in subsection VI.D.2VIII.E.2.

Appears in 9 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

Restrictions on Distribution. No amounts may be distributed from the Subdivision Fund contrary to Section VIIX, i.e., no amounts may be distributed directly to Non- Participating Subdivisions or to Later Participating Subdivisions in excess of what is permissible under subsection VII.E. X.E. Amounts allocated to the Subdivision Fund that cannot be distributed by virtue of the preceding sentence shall be distributed into the sub-account in the Abatement Accounts Fund for the Settling State in which the Subdivision is located, unless those payments are redirected elsewhere by a State-Subdivision Agreement described in subsection VI.D.1 VIII.E.1 or by an Allocation Statute or a Statutory Trust described in subsection VI.D.2VIII.E.2.

Appears in 6 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

Restrictions on Distribution. No amounts may be distributed from the Subdivision Fund contrary to Section VII, i.e., no amounts may be distributed directly to Non- Non-Participating Subdivisions to the extent such a distribution would violate Section VII.G or to Later Participating Subdivisions in excess of what is permissible under subsection VII.E. Section VII.H. Amounts allocated to the Subdivision Fund that cannot be distributed by virtue of the preceding sentence shall be distributed into the sub-account in the Abatement Remediation Accounts Fund for the Settling State in which the Non-Participating Subdivision is located, unless those payments are redirected elsewhere by a State-State- Subdivision Agreement described in subsection VI.D.1 Section V.D.1 or by an Allocation Statute or a Statutory Trust described in subsection VI.D.2Section V.D.2.

Appears in 5 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

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Restrictions on Distribution. No amounts may be distributed from the Subdivision Fund contrary to Section VIIX, i.e., no amounts may be distributed directly to Non- Non-Participating Subdivisions or to Later Participating Subdivisions in excess of what is permissible under subsection VII.E. X.E. Amounts allocated to the Subdivision Fund that cannot be distributed by virtue of the preceding sentence shall be distributed into the sub-account in the Abatement Accounts Fund for the Settling State in which the Subdivision is located, unless those payments are redirected elsewhere by a State-Subdivision Agreement described in subsection VI.D.1 VIII.E.1 or by an Allocation Statute or a Statutory Trust described in subsection VI.D.2VIII.E.2.

Appears in 1 contract

Samples: Settlement Agreement (Teva Pharmaceutical Industries LTD)

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