Common use of The Class Settlement Amount Clause in Contracts

The Class Settlement Amount. 8.1.1 As provided in § 3.7, thirty (30) days after the Final Approval Order approving the settlement becomes Final and non-appealable, Ascension Health Alliance shall make a one- time eight million dollar ($8,000,000) contribution to the Plans, allocated among the Plans in the sole discretion of Ascension Health Alliance. 8.1.2 The eight million dollar ($8,000,000) contribution pursuant to § 8.1.1 above shall constitute the “Class Settlement Amount.”