Common use of Tax Reporting and Cooperation Clause in Contracts

Tax Reporting and Cooperation. 1. The Parties agree that, unless otherwise required by law, Xxxxxxxx’s payment of the Compensatory Restitution Amount (after all applicable offsets) payable by Allergan shall be directed to Opioid Remediation for restitution of Alleged Xxxxx allegedly caused by Allergan. By executing this Agreement (or the Settlement Participation Form and thereby becoming a signatory to this Agreement), each Settling State, Participating Subdivision, and Participating Special District certify that: (1) the entity suffered Alleged Xxxxx allegedly caused by Allergan; (2) the Compensatory Restitution Amount to be paid by Allergan to the entity represent an amount that is less than or equal to the actual monetary damage allegedly caused by Allergan; and (3) the entity shall use such payments for the sole purpose of Opioid Remediation.

Appears in 8 contracts

Samples: Opioid Settlement Agreement, Opioid Settlement Agreement, Opioid Settlement Agreement

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