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2447 In fashioning a judgment for periodic payments, the present value of the gross award determines the lump sum the judgment debtor can pay to satisfy the judgment immediately, but if the present value is not paid immediately, periodic payments must end up totaling the gross award, and the judgment is not satisfied until all periodic payments have been made.CitationHOLT v REGENTS (Periodic Payments) 73 CA4 871 [See: CCP 667.7; Salgado v County 19 C4 629, T/AT 1/99; Hrimnak v Watkins 38 CA4 964, T/AT 11/95]
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