Common use of Incentive Payments Clause in Contracts

Incentive Payments. The Settlement Fund Administrator will treat incentive payments under Section IV.F on a State-specific basis. Incentive payments for which a Settling State is eligible under Section IV.F will 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

Incentive Payments. The Settlement Fund Administrator will treat incentive payments Incentive Payments under Section IV.F IV.H on a Statestate-specific basis. Incentive payments Payments for which a Settling State is eligible under Section IV.F IV.H will 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 8 contracts

Sources: Settlement Agreement, Settlement Agreement, Settlement Agreement

Incentive Payments. The Settlement Fund Administrator will treat incentive payments under Section IV.F IV.H on a Settling State-specific basisbasis in proportion to each Settling State’s respective Overall Allocation Percentage. Incentive payments for which a Settling State is eligible under Section IV.F IV.H will 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 6 contracts

Sources: Settlement Agreement, Settlement Agreement, Settlement Agreement

Incentive Payments. The Settlement Fund Administrator will treat incentive payments Incentive Payments under Section IV.F IV.H on a State-specific basis. Incentive payments Payments for which a Settling State is eligible under Section IV.F will 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

Incentive Payments. The Settlement Fund Administrator will treat incentive payments under Section IV.F IV.E on a State-specific basisbasis in proportion to each Settling State’s respective Overall Allocation Percentage. Incentive payments for which a Settling State is eligible under Section IV.F IV.E will 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