Common use of Timing of Settlement Program Award and Payments Clause in Contracts

Timing of Settlement Program Award and Payments. 9.1.1 HOC agrees, subject to the terms and conditions hereof (including in particular Section 4.3.3, Section 9.1, and Article 17) to make the necessary payments that are required to fund the Settlement Program Awards that will, in turn, be distributed by the Qualified Settlement Fund Administrator to Settlement Program Claimants and their respective Primary Law Firm or the Settlement Program Claimant’s Primary Law Firm in trust for the respective Settlement Program Claimants pursuant to the terms and conditions of this Agreement; and the MDL and MCL Courts’ respective Orders establishing the QSF Award Account and various sub accounts including the MDL Award Fund Account and the MDL Award Fund Account.

Timing of Settlement Program Award and Payments. 9.1.1 7.1.1 HOC agrees, subject to the terms and conditions hereof (including in particular Section 4.3.33.2.3, Section 9.17.1, and Article 1715) to make the necessary payments that are required to fund the Settlement Program Awards that will, in turn, be distributed by the Qualified Settlement Fund Administrator to Settlement Program Qualified Claimants and their respective Primary Law Firm or the Settlement Program Qualified Claimant’s Primary Law Firm in trust for the respective Settlement Program Qualified Claimants pursuant to the terms and conditions of this Agreement; and the MDL and MCL Courts’ respective Orders establishing the QSF Award Account and various sub accounts including the MDL Award Fund Account and the MDL MCL Award Fund Account.