QSF definition

QSF means a Qualified Settlement Fund set up by the Settlement Administrator for the

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QSF means the Qualified Settlement Fund to be established in accordance with this Agreement.

QSF means the Qualified Settlement Fund set up by the Settlement 11 Administrator for the benefit of the Final Settlement Class, and from which the settlement 12 payments shall be made, and which is intended to be a fund that qualifies under Internal Revenue 13 Code Section 468.

Examples of QSF in a sentence

• The Parties and Settlement Administrator shall treat the QSF as coming into existence as a Qualified Settlement Fund on the earliest date permitted as set forth in 26 C.F.R. § 1.468B-1, and such election statement shall be attached to the appropriate returns as required by law.

• All Opioid Funds shall be held in a QSF and distributed by the Trustee, for the benefit of the Participating Local Governments, only in a manner consistent with this MOU.

• The Parties agree that the QSF is intended to be a “Qualified Settlement Fund” under Section 468B of the Code and Treasury Regulations § 1.4168B-1, 26 C.F.R. § 1.468B-1 et seq., and will be administered by the Settlement Administrator as such.

• Although amounts transferred to a QSF generally are deductible, no deduction will be allowed to Reorganized Congoleum with respect to the transfer of insurance proceeds to the extent the transferred amounts are excludable from gross income of Reorganized Congoleum.

• The Treasury regulations promulgated under Section 468B of the IRC provide that a fund, account, or trust will constitute a qualified settlement fund ("QSF") if it satisfies three conditions.

More Definitions of QSF

QSF means the settlement fund established pursuant to Section 6.02 in which Organon will deposit the Settlement Funds.

QSF means a fund satisfying the requirements of Section 468B of the Internal Revenue Code of 1986, as amended, and the regulations thereunder and, for purposes of this Agreement, established as the vehicle to hold the Settlement Fund.

QSF means a court-approved Qualified Settlement Fund for federal tax purposes pursuant to Treas. Reg. § 1.468B-1 in which will be deposited the Settlement Fund.

QSF means the Qualified Settlement Fund established under Section 468B of the Internal Revenue Code, and more fully discussed herein, established and administered by the Claims Administrator.

QSF means the Qualified Settlement Fund established by the Claims

QSF means a Qualified Settlement Fund set up by the Claims Administrator for the

QSF means the settlement fund established pursuant to Section 10.02 in which Settlement Funds will be deposited.