Components of Settlement Fund Clause Samples
The "Components of Settlement Fund" clause defines what specific assets, payments, or resources make up the settlement fund in a legal agreement. It typically outlines the types of contributions—such as cash payments, escrowed funds, or other financial instruments—that will be pooled together to satisfy the settlement terms. For example, it may specify that the fund consists of a lump sum payment from the defendant and any accrued interest until distribution. This clause ensures clarity for all parties regarding the exact makeup of the fund, thereby preventing disputes over what is included and facilitating smooth administration of the settlement.
Components of Settlement Fund. The Settlement Fund shall be comprised of an Abatement Accounts Fund, a State Fund, and a Subdivision Fund for each Settling State. The payments made under Section IV into the Settlement Fund shall be initially allocated among those three (3) sub-funds and distributed and used as provided below. Payments placed into the Settlement Fund do not revert back to the Settling Distributors.
Components of Settlement Fund. The Settlement Fund shall be funded by the Annual Remediation Payments and comprised of a Remediation Accounts Fund, a State Fund, and a Subdivision Fund for each Settling State. The payments made under Section IV into the Settlement Fund shall be initially allocated among those three (3) sub-funds and distributed and used as provided below. Payments placed into the Settlement Fund do not revert back to Kroger.
Components of Settlement Fund. Subject to Section IV.B.3, the Walmart Settlement Trust shall be comprised of funds earmarked for Opioid Remediation and for the Attorney Fee Fund as set forth in Section IV.B.
Components of Settlement Fund. Subject to Section IV.B.3, the Hikma Settlement Trust shall be comprised of funds earmarked for Opioid Remediation and for the Attorney Fee Fund as set forth in Section IV.B.
Components of Settlement Fund. Subject to Section IV.B.3, the ▇▇▇▇▇▇▇ Settlement Trust shall be comprised of funds earmarked for Opioid Remediation and for the Attorney Fee Fund as set forth in Section IV.B.
Components of Settlement Fund. Subject to Section V.B.3, the Allergan Settlement Trust shall be comprised of funds earmarked for Opioid Remediation, and for the Attorney Fee Fund as set forth in Section V.B.
Components of Settlement Fund. Subject to Section IV.B.3, the Zydus Settlement Trust shall be comprised of funds earmarked for Opioid Remediation and for the Attorney Fee Fund as set forth in Section IV.B.
Components of Settlement Fund. Subject to subsection IV.B.3, the Teva Settlement Trust shall be comprised of funds earmarked for Opioid Remediation pursuant to the ▇▇▇▇ V Trust Agreement and for the Attorney Fee Fund as set forth in Section IV.B.
Components of Settlement Fund. Subject to Section IV.B.3, the CVS Settlement Trust shall be comprised of funds earmarked for Opioid Remediation and for the Attorney Fee Fund as set forth in Section IV.B.
Components of Settlement Fund. Subject to Section IV.B.3, the Mylan Settlement Trust shall be comprised of funds earmarked for Opioid Remediation and for the Attorney Fee Fund as set forth in Section IV.B.