Common use of Section XII Clause in Contracts

Section XII. A shall not apply where the Settling State at issue meets the eligibility criteria for and is entitled to Incentive Payment A for the Payment Year at issue, except as expressly provided therein. For the avoidance of doubt, because all Settling States are deemed eligible for Incentive Payment A for Payment Years 1 and 2 under Section IV.F.1.c, a suspension of Payments under Section XII.A.2 shall not apply to any Settling States for those Payment Years.

Appears in 25 contracts

Samples: Distributor Settlement Agreement, Distributor Settlement Agreement, Distributor Settlement Agreement

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