Common use of Use of Settlement Payments Clause in Contracts

Use of Settlement Payments. 1. It is the intent of the Parties that the payments disbursed from the Settlement Fund to Settling States and Participating Subdivisions be for Opioid Remediation, subject to exceptions that must be documented in accordance with Section V.B.2. In no event may less than eighty-five percent (85%) of the Settling Distributors’ maximum amount of payments pursuant to Section IV, Section IX, and Section X as set forth on Exhibit M over the entirety of all Payments Years (but not any single Payment Year) be spent on Opioid Remediation.

Appears in 14 contracts

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

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Use of Settlement Payments. 1. It is the intent of the Parties that the payments disbursed from the Settlement Fund to Settling States and Participating Subdivisions listed in Exhibit G be for Opioid Remediation, subject to limited exceptions that must be documented in accordance with Section V.B.2subsection VI.B.2. In no event may less than eighty-five percent (85%) 86.5% of the Settling Distributors’ Xxxxxxx’x maximum amount of payments pursuant to Section IVSections V, Section IXX, and Section X as set forth on Exhibit M XI over the entirety of all Payments Payment Years (but not any single Payment Year) be spent on Opioid Remediation.

Appears in 13 contracts

Samples: Janssen Settlement Agreement, Janssen Settlement Agreement, Janssen Settlement Agreement

Use of Settlement Payments. 1. It is the intent of the Parties that the payments disbursed from the Settlement Fund to Settling States and Participating Subdivisions be for Opioid Remediation, subject to exceptions that must be documented in accordance with Section V.B.2. In no event may less than eighty-five percent (85%) of the Settling Distributors’ 6HWWOLQJ 'LVWUL maximum amount of payments pursuant to Section IV, Section IX, and Section X as set forth on Exhibit M over the entirety of all Payments Years (but not any single Payment Year) be spent on Opioid Remediation.

Appears in 8 contracts

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

Use of Settlement Payments. 1. It is the intent of the Parties that the payments disbursed from the Settlement Fund to Settling States and Participating Subdivisions be for Opioid Remediation, subject to exceptions that must be documented in accordance with Section V.B.2. In no event may less than eightyninety-five percent (8595%) of the Settling DistributorsWalgreens’ maximum amount of payments pursuant to Section IV, Section IX, and Section X IV as set forth on Exhibit M M-2 over the entirety of all Payments Years (but not any single Payment Year) be spent on Opioid Remediation.

Appears in 4 contracts

Samples: Walgreens Settlement Agreement, Walgreens Settlement Agreement, Walgreens Settlement Agreement

Use of Settlement Payments. 1. It is the intent of the Parties that the payments disbursed from the Settlement Fund to Settling States and Participating Subdivisions be for Opioid Remediation, subject to exceptions that must be documented in accordance with Section V.B.2. In no event may less than eightyninety-five percent (8595%) of the Settling Distributors’ Kroger’s maximum amount of payments pursuant to Section IV, Section IX, and Section X IV as set forth on Exhibit M M-2 over the entirety of all Payments Years (but not any single Payment Year) be spent on Opioid Remediation.

Appears in 3 contracts

Samples: Kroger Settlement Agreement, Kroger Settlement Agreement, Kroger Settlement Agreement

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Use of Settlement Payments. 1. It is the intent of the Parties that the payments disbursed from the Settlement Fund to Settling States and Participating Subdivisions be for Opioid Remediation, subject to exceptions that must be documented in accordance with Section Section‌ V.B.2. In no event may less than eighty-five percent (85%) of the Settling Distributors’ maximum amount of payments pursuant to Section IV, Section IX, and Section X as set forth on Exhibit M over the entirety of all Payments Years (but not any single Payment Year) be spent on Opioid Remediation.

Appears in 2 contracts

Samples: Distributor Settlement Agreement, Distributor Settlement Agreement

Use of Settlement Payments. 1. It is the intent of the Parties that the payments disbursed from the Settlement Fund to Settling States and Participating Subdivisions be for Opioid Remediation, subject to exceptions that must be documented in accordance with Section V.B.2. In no event may less than eighty-five percent (85%) of the Settling Distributors' maximum amount of payments pursuant to Section IV, Section IX, and Section X as set forth on Exhibit M over the entirety of all Payments Years (but not any single Payment Year) be spent on Opioid Remediation.

Appears in 1 contract

Samples: Distributor Settlement Agreement (Amerisourcebergen Corp)

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