Common use of Agreements with Government Entities Clause in Contracts

Agreements with Government Entities. 7.2.1 Defendants have received letters from FEMA and receipt of these letters is a material part of the consideration received by Defendants for this Individual Settlement Agreement. 7.2.2 In addition, Defendants agree that they will work diligently and use their best efforts to obtain written releases and/or commitments from relevant Government Entities not to pursue any claims arising out of the Maui Fires against Releasees, as provided under Sections 6 and 7 of the Term Sheet, prior to the Initial Payment Due Date.

Appears in 3 contracts

Samples: Individual Settlement Agreement (Hawaiian Electric Co Inc), Class Settlement Agreement, Individual Settlement Agreement

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Agreements with Government Entities. 7.2.1 Defendants have received letters from FEMA and receipt FEMA. Receipt of these letters is a material part of the consideration received by Defendants for this Individual Class Settlement Agreement. 7.2.2 In addition, Defendants agree that they will work diligently and use their best efforts to obtain written releases and/or commitments from relevant Government Entities not to pursue any claims arising out of the Maui Fires against Releasees, as provided under Sections 6 and 7 of the Term Sheet, prior to the Initial Payment Due Date.

Appears in 2 contracts

Samples: Class Settlement Agreement (Hawaiian Electric Co Inc), Class Settlement Agreement

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