Common use of Establishment of Qualified Settlement Fund Clause in Contracts

Establishment of Qualified Settlement Fund. A common fund is agreed to by the Settling Parties in the Settlement Agreement and is hereby established and shall be known as the Xxxxx x. Xxxx University Litigation Settlement Fund (the “Settlement Fund” or “Gross Settlement Amount”). The Settlement Fund shall be a “qualified settlement fund” within the meaning of Treasury Regulations § 1.468-1(a) promulgated under Section 468B of the Internal Revenue Code. The Settlement Fund shall consist of $10,650,000 and any interest earned thereon. The Settlement Fund shall be administered as follows:

Establishment of Qualified Settlement Fund. A common fund is agreed to by the Settling Parties in the Settlement Agreement and is hereby established and shall be known as the Xxxxx Xxxxxx x. Xxxx University Massachusetts Institute of Technology Litigation Settlement Fund (the “Settlement Fund” or “Gross Settlement Amount”). The Settlement Fund shall be a “qualified settlement fund” within the meaning of Treasury Regulations § 1.468-1(a) promulgated under Section 468B of the Internal Revenue Code. The Settlement Fund shall consist of $10,650,000 18,100,000 and any interest earned thereon. The Settlement Fund shall be administered as follows:

Establishment of Qualified Settlement Fund. A common fund is agreed to by the Settling Parties in the Settlement Agreement and is hereby established and shall be known as the Xxxxxxxxx x. Xxxxx x. Xxxx University Litigation Settlement Fund (the “Settlement Fund” or “Gross Settlement Amount”). The Settlement Fund shall be a “qualified settlement fund” within the meaning of Treasury Regulations § 1.468-1(a) promulgated under Section 468B of the Internal Revenue Code. The Settlement Fund shall consist of $10,650,000 16,750,000 and any interest earned thereon. The Settlement Fund shall be administered as follows:

Establishment of Qualified Settlement Fund. A common fund is agreed to by the Settling Parties in the Settlement Agreement and is hereby established and shall be known as the Xxxxx x. Xxxx University Xxxxxxx v. Reliance Trust Litigation Settlement Fund (the “Settlement Fund” or “Gross Settlement Amount”). The Settlement Fund shall be a “qualified settlement fund” within the meaning of Treasury Regulations § 1.468-1(a) promulgated under Section 468B of the Internal Revenue Code. The Settlement Fund shall consist of $10,650,000 39,800,000 and any interest earned thereon. The Settlement Fund shall be administered as follows:

Establishment of Qualified Settlement Fund. A common fund is agreed to by the Settling Parties in the Settlement Agreement and is hereby established and shall be known as the Xxxxx Xxxxxxxxxx x. Xxxx Xxxxxxx University Litigation Settlement Fund (the “Settlement Fund” or “Gross Settlement Amount”). The Settlement Fund shall be a “qualified settlement fund” within the meaning of Treasury Regulations § 1.468-1(a) promulgated under Section 468B of the Internal Revenue Code. The Settlement Fund shall consist of $10,650,000 225,000 and any interest earned thereon. The Settlement Fund shall be administered as follows:

Establishment of Qualified Settlement Fund. A common fund is agreed to by the Settling Parties in the Settlement Agreement and is hereby established and shall be known as the Xxxxx x. Xxxx University The Xxxxx Xxxxxxx Univ. Litigation Settlement Fund (the “Settlement Fund” or “Gross Settlement Amount”). The Settlement Fund shall be a “qualified settlement fund” within the meaning of Treasury Regulations § 1.468-1(a) promulgated under Section 468B of the Internal Revenue Code. The Settlement Fund shall consist of $10,650,000 14,000,000 and any interest earned thereon. The Settlement Fund shall be administered as follows:

Establishment of Qualified Settlement Fund. A common fund is agreed to by the Settling Parties parties in the Settlement Agreement and is hereby established and shall be known as the Xxxxx x. Xxxx University Xxxxxx, et al. v. Philips North America LLC Litigation Settlement Fund (the “Settlement Fund” or “Gross Settlement Amount”). The Settlement Fund shall be a “qualified settlement fund” within the meaning of Treasury Regulations § 1.468-1(a) promulgated under Section 468B of the Internal Revenue Code. The Settlement Fund shall consist of $10,650,000 17,000,000.00 and any interest earned thereon. The Settlement Fund shall be administered as follows: