Incentive Payment A definition

Incentive Payment A. The incentive payment described in Section IV.F.1.
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Incentive Payment A. The incentive payment described in Section IV.H.4. AA. “Incentive Payment A Catch-up Payment.” As defined in Section IV.H.4.f. BB. “Incentive Payment BC.” The incentive payment described in Section IV.H.5. CC. “Incentive Payment D.” The incentive payment described in Section IV.H.6.‌‌‌
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Incentive Payment A means the incentive payment described in Section IV.E.1. CC. “Incentive Payment BC” means the incentive payment described in Section IV.E.2. DD. “Incentive Payment D” means the incentive payment described in Section IV.E.3.
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Examples of Incentive Payment A in a sentence

  • If a Settling State is eligible for Incentive Payment A on the basis of a Settlement Class Resolution, and a Primary Subdivision that opted out of the Settlement Class Resolution maintains a lawsuit asserting a Released Claim against a Released Entity, the following shall apply.

  • A shall not apply where the Settling State at issue meets the eligibility criteria for and is entitled to Incentive Payment A for the Payment Year at issue, except as expressly provided therein.

  • For the avoidance of doubt, because all Settling States are deemed eligible for Incentive Payment A for Payment Years 1 and 2 under Section IV.F.1.c, a suspension of Payments under Section XII.A.2 shall not apply to any Settling States for those Payment Years.

  • 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 B shall be available to Settling States that are not eligible for Incentive Payment A for the applicable Payment Year.

  • Incentive Payment C shall be available to Settling States that are not eligible for Incentive Payment A for a Payment Year, including to Settling States that are also eligible for Incentive Payment B.

  • For the Payment Years 1 and 2, all Settling States are deemed eligible for Incentive Payment A.

  • A Settling State is not eligible for Incentive Payment C for a Payment Year in which it is eligible for Incentive Payment A.

  • The Payment Date for Payment Year 3 and successive Payment Years is July 15 of the third and successive years and the Annual Payment shall be made pursuant to the process set forth in Section IV.B, except that, with respect to Payment Year 3, Settling States shall have up to the Payment Date to become eligible for Incentive Payment A and thus avoid the reductions set forth in Section XIII.

  • A Settling State is not eligible for Incentive Payment B for a Payment Year for which it is eligible for Incentive Payment A.


More Definitions of Incentive Payment A

Incentive Payment A means the incentive payment described in Section IV.E.1. CC. “Incentive Payment BC” means the incentive payment described in Section IV.E.2. DD. “Incentive Payment D” means the incentive payment described in Section IV.E.3. EE. “Injunctive Relief Terms” means the terms described in Section III and set forth in
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Incentive Payment A. The incentive payment described inSection IV.F.1. X.“Incentive Payment B.” The incentive payment described inSection IV.F.2. Y.“Incentive Payment C.” The incentive payment described inSection IV.F.3. Z.“Incentive Payment D.” The incentive payment described inSection IV.F.4. AA. “Incentive Payment Final Eligibility Date.” With respect to a Settling State, the date that is the earlier of (1) the fifth Payment Date, (2) the date of completion of opening statements in a trial of any action brought by a Subdivision in that State that includes a Released Claim against a Released Entity when such date is more than two (2) years after the Effective Date, or (3) two (2) years after the Effective Date in the event a trial of an action brought by a Subdivision in that State that includes a Released Claim against a Released Entity began after the Initial Participation Date but before two (2) years after the Effective Date.
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