Net Abatement Amount definition

Net Abatement Amount. The Global Settlement Abatement Amount as reduced by the Tribal/W. Va. Subdivision Credit.
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Net Abatement Amount means $2,945,529,111.00, which is the Global Settlement Abatement Amount adjusted for the Prior Settlements Credit pursuant to subsection VII.C.2.
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Net Abatement Amount means $1,799,186,751.00, which is the Global Settlement Abatement Amount adjusted for the Prior Settlements Credit pursuant to subsection VI.C.2.
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Examples of Net Abatement Amount in a sentence

  • 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 C shall be equal to up to fifteen percent (15%) of the Net Abatement Amount multiplied by the aggregate Overall Allocation Percentage of the Settling States.

  • Subject to the suspension, offset, and reduction provisions set forth in Section XII and Section XIII, the Settling Distributors shall collectively make potential additional incentive payments totaling up to a maximum of forty-five percent (45%) of the Net Abatement Amount multiplied by the aggregate Overall Allocation Percentage of the Settling States, with the actual amount depending on whether and the extent to which the criteria set forth below are met in each Settling State.

  • Incentive Payment D shall be equal to five percent (5%) of the Net Abatement Amount multiplied by the aggregate Overall Allocation Percentage of the Settling States.

  • Subject to the suspension, reduction, and offset provisions set forth in Section XII and Section XIII, the Settling Distributors shall collectively make base payments equal to fifty-five percent (55%) of the Net Abatement Amount multiplied by the aggregate Overall Allocation Percentage of the Settling States.

  • Incentive Payment B shall be equal to up to twenty-five percent (25%) of the Net Abatement Amount multiplied by the aggregate Overall Allocation Percentage of the Settling States.

  • Allergan shall make Base Payments into the Settlement Fund in an amount equal to 45% of the Net Abatement Amount of $1,799,186,751.00 minus any offsets for Non-Settling States specified in Section VII.C.I. The maximum total for Base Payments is $809,634,037.95.

  • Allergan shall make potential Incentive Payments totaling up to a maximum of 55% of the Net Abatement Amount of $1,799,186,751.00 for all Settling States with the actual amount depending on whether and the extent to which the criteria set forth below are met in each Settling State.

  • Incentive Payment B shall be equal to up to twenty-five percent (25%) of the Net Abatement Amount multiplied by the aggregate Overall Allocation Percentage of the W <HDU Settling States.

  • The maximum amount Teva shall pay in Annual Payments to the Settlement Fund is the Net Abatement Amount of $2,945,529,111.00, which reflects the application of the Prior Settlements Credit to the Global Settlement Abatement Amount.

Related to Net Abatement Amount

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Issuer or any Guarantor described in the definition of “Contribution Indebtedness.”