Incentive D definition

Incentive D means the incentive payment described in subsection VII.E.8.
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Examples of Incentive D in a sentence

  • Part 1: Under Incentive D, Part 1, a Settling State shall receive 50% of its total potential Incentive D payment allocation if, at two years after the Effective Date (the “First Look-Back Date”), there are no pending Released Claims from a Qualifying Lawsuit that survived a Threshold Motion within the Settling State against any Released Entities.

  • A Settling State can qualify for Incentive D regardless of whether it qualifies for another Incentive Payment.

  • Part 2: Under Incentive D, Part 2, a Settling State shall receive 50% of its total potential Incentive D payment allocation if, at five and one-half (5.5) years after the Preliminary Agreement Date (the “Second Look-Back Date”), there are no pending Released Claims from a Qualifying Lawsuit that survived a Threshold Motion within the Settling State against any Released Entities.

  • The Incentive Payment Final Eligibility Date is not relevant to Incentive D.

  • If a Revocation Event causes a Settling State to no longer qualify for Incentive D, the Settling State shall return to ▇▇▇▇▇▇▇ all payments made under Incentive D.

  • If a Revocation Event causes a Settling State to no longer qualify for one or both parts of Incentive D, the Settling State and its Exhibit G participants shall return to Allergan all relevant payments made under Incentive D through offsets as set forth above.

  • The maximum amount of Incentive Payments for Incentive D shall be $125,943,072.57, which is 7% of the maximum Net Abatement Amount.

  • A Settling State’s total potential Incentive D payment allocation is $125,943,072.57 times the percentage allocation assigned that Settling State in Exhibit F-2.

  • Incentives A–C will be due in installments over six (6) Payment Years beginning with Annual Payment 2 and Incentive D will be due in installments over four (4) years beginning with Annual Payment 4, as shown on Exhibit M.

  • If a Revocation Event causes a Settling State to no longer qualify for one or both parts of Incentive D, the Settling State and its Exhibit G participants shall return to Teva all relevant payments made under Incentive D through offsets as set forth above.