Common use of Base Payments Clause in Contracts

Base Payments. The Settlement Fund Administrator will allocate base payments under Section IV.D among the Settling States in proportion to their respective Overall Allocation Percentages. Base payments for each Settling State will then be allocated fifteen percent (15%) to its State Fund, seventy percent (70%) to its Abatement Accounts Fund, and fifteen percent (15%) to its Subdivision Fund. Amounts may be reallocated and will be distributed as provided in Section V.D.

Appears in 27 contracts

Sources: Distributor Settlement Agreement, Settlement Agreement, Distributor Settlement Agreement

Base Payments. The Settlement Fund Administrator will allocate base payments Base Payments under Section IV.D subsection VII.D among the Settling States in proportion to their respective Overall State Allocation Percentages. Base payments Payments for each Settling State will then be allocated fifteen percent (15%) % to its State Fund, seventy percent (70%) % to its Abatement Accounts Fund, and fifteen percent (15%) % to its Subdivision Fund. Amounts may be reallocated and will be distributed as provided in Section V.D.subsection VIII.E.

Appears in 17 contracts

Sources: Settlement Agreement (Teva Pharmaceutical Industries LTD), Settlement Agreement, Settlement Agreement

Base Payments. The Settlement Fund Administrator will allocate base payments under Section IV.D subsection V.D among the Settling States in proportion to their respective Overall Allocation Percentages. Base payments for each Settling State will then be allocated fifteen percent (15%) % to its State Fund, seventy percent (70%) % to its Abatement Accounts Fund, and fifteen percent (15%) % to its Subdivision Fund. Amounts may be reallocated and will be distributed as provided in Section V.D.subsection VI.D.

Appears in 16 contracts

Sources: Settlement Agreement, Settlement Agreement, Settlement Agreement

Base Payments. The Settlement Fund Administrator will allocate base payments Base Payments under Section IV.D IV.G among the Settling States in proportion pursuant to their respective Overall Allocation PercentagesSection IV.G.2. Base payments for each Settling State will then be allocated fifteen percent (15%) to its State Fund, seventy percent (70%) to its Abatement Remediation Accounts Fund, and fifteen percent (15%) to its Subdivision Fund. Amounts may be reallocated and will be distributed as provided in Section V.D.

Appears in 12 contracts

Sources: Settlement Agreement, Settlement Agreement, Settlement Agreement

Base Payments. The Settlement Fund Administrator will allocate base payments under Section IV.D IV.G among the Settling States in proportion pursuant to their respective Overall Allocation Percentages. Section VI.G. Base payments for each Settling State will then be allocated fifteen percent (15%) to its State Fund, seventy percent (70%) to its Abatement Remediation Accounts Fund, and fifteen percent (15%) to its Subdivision Fund. Amounts may be reallocated and will be distributed as provided in Section V.D.

Appears in 4 contracts

Sources: Settlement Agreement, Settlement Agreement, Settlement Agreement

Base Payments. The Settlement Fund Administrator will allocate base payments Base Payments under Section IV.D IV.G among the Settling States in proportion pursuant to their respective Overall Allocation Percentages. Section VI.G. Base payments Payments for each Settling State will then be allocated fifteen percent (15%) to its State Fund, seventy percent (70%) to its Abatement Remediation Accounts Fund, and fifteen percent (15%) to its Subdivision Fund. Amounts may be reallocated and will be distributed as provided in Section V.D.

Appears in 2 contracts

Sources: Settlement Agreement, Settlement Agreement

Base Payments. The Settlement Fund Administrator will allocate base payments under Section IV.D among the Settling States on a State-specific basis in proportion to their each Settling State’s respective Overall Allocation PercentagesPercentage. Base payments for each Settling State will then be allocated fifteen percent (15%) to its State Fund, seventy percent (70%) to its Abatement Remediation Accounts Fund, and fifteen percent (15%) to its Subdivision Fund. Amounts may be reallocated and will be distributed as provided in Section V.D.

Appears in 2 contracts

Sources: Settlement Agreement, Settlement Agreement