Common use of Settlement Payment Options Defined Clause in Contracts

Settlement Payment Options Defined. The provisions of this Article describe the settlement options for resolving Claims subject to the terms and conditions of this Agreement and the Claims Resolution Procedures. Allowed Claims will be paid in accordance with the applicable compensation level described in the Claims Resolution Procedures and subject to the terms of this Agreement.

Appears in 5 contracts

Samples: Settlement Facility and Fund Distribution Agreement, Settlement Facility and Fund Distribution Agreement, Settlement Facility and Fund Distribution Agreement

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