Common use of Timing of Enhancement Benefit Program Payments Clause in Contracts

Timing of Enhancement Benefit Program Payments. 9.2.1 HOC agrees, subject to the terms and conditions hereof (including in particular Section 4.3.3, Section 9.2, and Article 17), and in consultation with the Claims Processor, to make the necessary payments that are required to fund the Net QRS-Related Enhancements Benefits and Net Enhancements Benefits that will, in turn, be distributed by the Qualified Settlement Fund Administrator to Settlement Program Claimants and their respective Primary Law Firm or to the Settlement Program Claimant’s Primary law Firm in trust for the respective Settlement Program Claimants pursuant to the terms and conditions of this Agreement; and the MDL and MCL Courts’ respective Orders establishing the QSF Award Account and various sub accounts including the MCL Award Fund Account and the MDL Award Fund Account.

Appears in 3 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

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Timing of Enhancement Benefit Program Payments. 9.2.1 7.2.1 HOC agrees, subject to the terms and conditions hereof (including in particular Section 4.3.33.2.3, Section 9.27.2, and Article 1715), and in consultation with the Claims Processor, to make the necessary payments that are required to fund the Net QRS-QRS- Related Enhancements Benefits and Net Enhancements Benefits that will, in turn, be distributed by the Qualified Settlement Fund Administrator to Settlement Program Qualified Claimants and their respective Primary Law Firm or to the Settlement Program Qualified Claimant’s Primary law Law Firm in trust for the respective Settlement Program Qualified Claimants pursuant to the terms and conditions of this Agreement; and the MDL and MCL Courts’ respective Orders establishing the QSF Award Account and various sub accounts including the MCL Award Fund Account and the MDL Award Fund Account.

Appears in 1 contract

Samples: Settlement Agreement

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