Common use of Incentive Payments Clause in Contracts

Incentive Payments. The Settlement Fund Administrator will treat Incentive Payments under subsection VII.E on a State-specific basis. Incentive payments for which a Settling State is eligible under subsection VII.E will be allocated 15% to its State Fund, 70% to its Abatement Accounts Fund, and 15% to its Subdivision Fund. Amounts may be reallocated and will be distributed as provided in subsection VIII.E.

Incentive Payments. The Settlement Fund Administrator will treat Incentive Payments incentive payments under subsection VII.E V.E on a State-specific basis. Incentive payments for which a Settling State is eligible under subsection VII.E V.E will be allocated 15% to its State Fund, 70% to its Abatement Accounts Fund, and 15% to its Subdivision Fund. Amounts may be reallocated and will be distributed as provided in subsection VIII.E.VI.D.