Common use of Settlement Payment Clause in Contracts

Settlement Payment. If and only if Final Court Approval is obtained, Bank of America and/or Countrywide shall pay or cause to be paid eight billion five hundred million dollars ($8,500,000,000.00) (the “Settlement Payment”) within one-hundred and twenty (120) days of the Approval Date, in accordance with the following provisions.

Appears in 16 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

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