Incentive Payment A Sample Clauses

Incentive Payment A. Incentive Payment A shall be equal to forty percent (40%) of the Net Abatement Amount multiplied by the aggregate Overall Allocation Percentage of the Settling States, provided all Settling States satisfy the requirements of Incentive Payment A. Incentive Payment A will be due to a Settling State as part of the Annual Payment in each of the eighteen (18) Payment Years that a Settling State is eligible for Incentive Payment A and shall equal a total potential maximum of $7,421,605,477 if all States are eligible for all eighteen (18) Payment Years. Each Settling State’s share of Incentive Payment A in a given year, provided that Settling State is eligible, shall equal the total maximum amount available for Incentive Payment A for that year as reflected in Exhibit M times the Settling State’s Overall Allocation Percentage. Eligibility for Incentive Payment A is as follows:
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Incentive Payment A. Incentive Payment A shall be equal to forty percent (40%) of the Net Abatement Amount multiplied by the aggregate Overall Allocation Percentage of the Settling States, provided all Settling States satisfy the requirements of Incentive Payment A. Incentive Payment A will be due to a Settling State as part of the Annual Payment in each of the eighteen (18) Payment Years that a Settling State is eligible for Incentive Payment A and shall equal a total potential maximum of $7,421,605,477 if all States are eligible for all eighteen (18) Payment Years. Each 6HWWOLQJ 6WDWH¶V VKDUH RIpro,vidQedFthHatQSWettLlinYg SHtate 3D\PHQ is eligible, shall equal the total maximum amount available for Incentive Payment A for that year as reflected in Exhibit M WLPHV WKH 6HWWOLQJ 6WDWH¶V 2 Percentage. Eligibility for Incentive Payment A is as follows:
Incentive Payment A a. Incentive Payment A is mutually exclusive with Incentive Payments B, C, and D; if a Settling State receives Incentive Payment A in an Annual Payment, such Settling State is not eligible for Incentive Payments B, C, or D in that Annual Payment.
Incentive Payment A a. Incentive Payment A is mutually exclusive with Incentive Payments BC and D; if a Settling State receives Incentive Payment A in an Annual Remediation Payment, such Settling State is not eligible for Incentive Payments BC or D in that Annual Remediation Payment.
Incentive Payment A. Incentive Payment A shall be equal to 40% of the New York Settlement Abatement Amount, provided that New York State satisfies the requirements of Incentive Payment A. Incentive Payment A will be due as part of the Annual Payment in each of the eighteen (18) Payment Years that New York State is eligible for Incentive Payment A and shall equal a total potential maximum of‌ $400,052,837 if New York State is eligible for all eighteen (18) Payment Years. New York State’s share of Incentive Payment A in a given year, provided that New York State is eligible, shall equal the total maximum amount available for Incentive Payment A for that year as reflected in Exhibit G. Eligibility for Incentive Payment A is as follows:
Incentive Payment A. Incentive Payment A shall be equal to sixty-two (62%) of a Settling State’s Overall Allocation Percentage of the Remediation Payment, provided such Settling State becomes eligible for Incentive Payment A and subject to Section IV.E.1.a. Incentive Payment A is mutually exclusive with Incentive Payments BC and D; if a Settling State receives Incentive Payment A, such Settling State is not eligible for Incentive Payments BC or D. If a Settling State is not eligible for Incentive Payment A by the Third Subdivision Participation Date, it shall not be eligible for Incentive Payment A in any succeeding year. Eligibility for Incentive Payment A is as follows:‌
Incentive Payment A. Incentive Payment A shall be equal to forty percent (40%) of the Texas Settlement Abatement Amount, provided that Texas satisfies the requirements of Incentive Payment A. Incentive Payment A will be due as part of the Annual Payment in each of the eighteen (18) Payment Years that Texas is eligible for Incentive Payment A and shall equal a total potential maximum of $467,057,643 if Texas is eligible for all eighteen (18) Payment Years. Texas’s share of Incentive Payment A in a given year, provided that Texas is eligible, shall equal the total maximum amount available for Incentive Payment A for that year as reflected in Exhibit G. Eligibility for Incentive Payment A is as follows:
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Incentive Payment A. Incentive Payment A shall be equal to forty percent (40%) of the Rhode Island Settlement Abatement Amount, provided that the State of Rhode Island satisfies the requirements of Incentive Payment A. Incentive Payment A will be due as part of the Annual Payment in each of the eighteen (18) Payment Years that the State of Rhode Island is eligible for Incentive Payment A and shall equal a total potential maximum of $36,333,411 if the State of Rhode Island is eligible for all eighteen (18) Payment Years. The State of Rhode Island’s share of Incentive Payment A in a given year, provided that the State of Rhode Island is eligible, shall equal the total maximum amount available for Incentive Payment A for that year as reflected in Exhibit G. Eligibility for Incentive Payment A is as follows:
Incentive Payment A. Incentive Payment A (as defined in the Walgreens National Settlement, but subject to the modifications set forth herein) shall be available to be paid to Texas Subdivisions under the Texas Settlement and not under the Walgreens National Settlement. Solely for the purpose of determining eligibility for Incentive Payment A under the Texas Settlement, the Texas Participating Subdivisions that participate in the Walgreens National Settlement shall be treated as though they are Texas Settlement Participating Subdivisions. Eligibility for Incentive Payment A and the amount and timing of any Incentive A payments shall be determined as set forth in the Walgreens National Settlement, including that Texas shall have two years from the Effective Date of the Walgreens National Settlement to qualify for Incentive A. If Texas qualifies for Incentive A, the Incentive Payment A will be equal to $191,219,360 (representing 59% times Texas’s maximum remediation amount Walgreens National Settlement). Any Incentive Payment A shall be made by Walgreens on the same schedule as such payments would have been made by Walgreens under the Walgreens National Settlement. Exhibit B-1 sets forth the payments to be made by Walgreens through the Walgreens National Agreement and the Texas Settlement if Texas meets the criteria for Incentive Payment A.
Incentive Payment A. Incentive Payment A shall be equal to forty percent (40%) of the Ohio Settlement Abatement Amount, provided that the State of Ohio satisfies the requirements of Incentive Payment A. Incentive Payment A will be due as part of the Annual Payment in each of the eighteen (18) Payment Years that the State of Ohio is eligible for Incentive Payment A and shall equal a total potential maximum of $323,337,467 if the State of Ohio is eligible for all eighteen (18)
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