Dow Corning Settlement Facility definition

Dow Corning Settlement Facility means the “Settlement Facility” as that term is defined in the Confirmed Plan of Reorganization, or such other entity that assumes the responsibilities of the Dow Corning Settlement Facility under the terms of the Confirmed Plan of Reorganization.
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Examples of Dow Corning Settlement Facility in a sentence

  • Except only as necessary to effect the dissemination of notices pursuant to Subparagraphs 2(v) and (vii), above, in no event shall Dow Corning, the Released Parties or the Dow Corning Settlement Facility make or be called upon to make any additional payment above and beyond the Settlement Amount.

  • Regardless of, inter alia, whether the Total Settlement Amount to be paid is less than the Maximum Settlement Amount, in no event shall Dow Corning, the Released Parties or the Dow Corning Settlement Facility make or be called upon to make any additional payment above and beyond the Total Settlement Amount.

  • In no event shall the schedule of the payments of the Total Settlement Amount by Dow Corning Corporation or by the Dow Corning Settlement Facility be accelerated.

  • The Dow Corning Settlement Facility will pay a sum of U.S. $17,000,000.00 (approximately CND $ .00) to settle the claims of persons who have been implanted with Dow Corning Breast Implants whether silicone gel or saline; • To receive compensation a Primary Breast Implant Claimant will not have to prove causation.

  • The Total Settlement Amount will be paid as provided in Paragraph 5.2, below, by Dow Corning Corporation or by the Dow Corning Settlement Facility to the Dow Corning/Australia Settlement Trust on trust for the members of the Voluntary Australian Subclass.

  • In consideration of the releases and other consideration to be provided by members of the Voluntary Australian Subclass pursuant to Section 6, below, and subject to and in accordance with the Confirmed Plan of Reorganization, Dow Corning Corporation or the Dow Corning Settlement Facility will cause the payments described in Paragraph 5.1, below, to be made to the Dow Corning/Australia Settlement Trust.