Common use of Settlement Fund Tax Status Clause in Contracts

Settlement Fund Tax Status. The Parties agree to treat the Settlement Fund as being at all times a “qualified settlement fund” within the meaning of Treas. Reg. § 1.468B-1. In addition, the Settlement Administrator shall timely make such elections as necessary or advisable to carry out the provisions of this Subsection, including the “relation back election” (as defined in Treas. Reg.

Appears in 2 contracts

Samples: Class Settlement Agreement and Release, Settlement Agreement

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Settlement Fund Tax Status. 8.2.1 The Parties agree to treat the Settlement Fund Funds as being at all times a “qualified settlement fundfunds” within the meaning of Treas. Reg. § 1.468B-1. In addition, the Settlement Administrator shall timely make such elections as necessary or advisable to carry out the provisions of this Subsection, including the “relation back election” (as defined in Treas. Reg.

Appears in 2 contracts

Samples: Settlement Agreement and Release, Settlement Agreement and Release

Settlement Fund Tax Status. a. The Parties agree to treat the Settlement Fund as being at all times a “qualified settlement fund” within the meaning of Treas. Reg. § 1.468B-1. In addition, the Settlement Administrator shall timely make such elections as necessary or advisable to carry out the provisions of this SubsectionSection, including the “relation back election” (as defined in Treas. Reg.. § 1.468B-

Appears in 1 contract

Samples: Stipulation and Agreement of Settlement

Settlement Fund Tax Status. 5.2.1 The Parties agree to treat the Settlement Fund as being at all times a “qualified settlement fund” within the meaning of Treas. Reg. § 1.468B-1. In addition, the Settlement Administrator shall timely make such elections as necessary or advisable to carry out the provisions of this SubsectionSection, including the “relation back election” (as defined in Treas. Reg.

Appears in 1 contract

Samples: Settlement Agreement

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Settlement Fund Tax Status. 5.2.1 The Parties agree to treat the Settlement Fund as being at all times a “qualified settlement fund” within the meaning of Treas. Reg. § 1.468B-1. In addition, the Settlement Administrator shall timely make such elections as necessary or advisable to carry out the provisions of this Subsection, including the “relation back election” (as defined in Treas. Reg.

Appears in 1 contract

Samples: Settlement Agreement and Release

Settlement Fund Tax Status. 5.2.1 The Parties agree to treat the Settlement Fund as being at all times a “qualified settlement fund” within the meaning of Treas. Reg. § 1.468B-1. In addition, the DocuSign Envelope ID: 06EE7A26-3CA3-4588-8164-D230025D2033 Settlement Administrator shall timely make such elections as necessary or advisable to carry out the provisions of this SubsectionSection, including the “relation back election” (as defined in Treas. Reg.

Appears in 1 contract

Samples: Settlement Agreement

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