Opioid Settlement Funds definition

Opioid Settlement Funds means all funds allocated by the National Settlement Agreements and any Bankruptcy Resolutions to the State and Local Governments for purposes of opioid remediation activities or restitution, as well as any repayment of those funds and any interest or investment earnings that may accrue as those funds are temporarily held before being expended on opioid remediation strategies.

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Opioid Settlement Funds means all funds allocated by the National Settlement Agreement and any Bankruptcy Resolutions to the State or Local Governments for purposes of opioid remediation activities or restitution, as well as any repayment of those funds and any interest or investment earnings that may accrue as those funds are temporarily held before being expended on opioid remediation strategies. Not included are funds made available in the National Settlement Agreement or any Bankruptcy Resolutions for the payment of the Parties’ litigation expenses or the reimbursement of the United States Government.

Opioid Settlement Funds means monetary amounts obtained through the Teva Opioid Settlement Agreement as defined in this Agreement.

Examples of Opioid Settlement Funds in a sentence

• Opioid Settlement Funds can be used for a purpose when the Governing Body includes in its budget or passes a separate resolution authorizing the expenditure of a stated amount of Opioid Settlement Funds for that purpose or those purposes during a specified period of time.

• Opioid Settlement Funds shall be allocated as follows: (i) 15% directly to the State (“State Abatement Fund”), (ii) 80% to abatement funds established by Local Governments (“Local Abatement Funds”), and (iii) 5% to a County Incentive Fund described in Section G below.

• Each Local Government must file an annual financial audit of the Opioid Settlement Funds with the Local Government Commission.

• The amount of Opioid Settlement Funds received during the fiscal year.

• The amount of Opioid Settlement Funds in the special revenue fund at the beginning of the fiscal year (July 1).

More Definitions of Opioid Settlement Funds

Opioid Settlement Funds means monetary amounts obtained through a Statewide Opioid Settlement Agreement as defined in this Agreement.

Opioid Settlement Funds means any monetary amount(s) obtained in the State of South Carolina through any Opioid-Related Settlement(s) as defined in this Agreement.

Opioid Settlement Funds means the amount of the Regional Funding disbursed to COUNTY in its role as a Qualified County under the Florida Plan.

Opioid Settlement Funds means all the funds deposited into a Rhode Island Settlement Fund or sub-fund, deposited into a Rhode Island Qualified Settlement Fund, or held and distributed by an administrator or a Rhode Island Qualified Settlement Administrator pursuant to the terms of the relevant Settlement Agreements, except for any funds needed to pay an administrator or a Rhode Island Qualified Settlement Administrator, or designated by a Settlement Agreement or court order for State or Participating Subdivision attorneys’ fees and costs.

Opioid Settlement Funds. – means all funds allocation by the National Settlement Agreement and Bankruptcy Resolutions (as defined by the MOA) to the State of Local Governments (as defined by the MOA) for the purposes of opioid remediation activities or restitution, as well as any repayment of those funds and any interest or investment earnings that may accrue as those funds are temporarily held before being expended on opioid remediation strategies, exclusive of costs of litigation, as contemplated by the MOA’s definition of the same.

Opioid Settlement Funds means damage awards obtained through a Settlement.

Opioid Settlement Funds means monetary amounts obtained through the Publicis Nationwide Opioid Settlement Agreement as defined in this Schedule.