Common use of CONDITIONS OF SETTLEMENT, EFFECT OF DISAPPROVAL, CANCELLATION OR TERMINATION Clause in Contracts

CONDITIONS OF SETTLEMENT, EFFECT OF DISAPPROVAL, CANCELLATION OR TERMINATION. 9.1 The Effective Date means one (1) business day after the occurrence of all of the following events: (i) the settlement pursuant to this Settlement Agreement is approved by the Court; and (ii) the time to appeal or seek permission to appeal from the Final Approval Order has expired or, if appealed, the appeal has been dismissed in its entirety, or the Final Approval Order has been affirmed in its entirety by the court of last resort to which such appeal may be taken, and such dismissal or affirmance has become no longer subject to further appeal or review. Notwithstanding the above, any order modifying or reversing any Attorneys’ Fees and Expense Award or Service Award made in this case shall not affect the calculation of the Effective Date.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

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CONDITIONS OF SETTLEMENT, EFFECT OF DISAPPROVAL, CANCELLATION OR TERMINATION. 9.1 The Effective Date means shall mean one (1) business day after the occurrence of all of the following events: (i) the settlement pursuant to this Settlement Agreement is approved by the Courtcourt; and (ii) the time to appeal or seek permission to appeal from the Final Approval Judgment Order and Judgment has expired or, if appealed, the any appeal has been dismissed in its entirety, or the Final Approval Judgment Order has been affirmed in its entirety by the court of last resort to which such appeal may be taken, and such dismissal or affirmance has become no longer subject to further appeal or review. Notwithstanding the above, any order modifying or reversing any Attorneys’ Fees and Expense Award or Service Award made in this case shall not affect the calculation of the Effective Date.

Appears in 1 contract

Samples: Settlement Agreement

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CONDITIONS OF SETTLEMENT, EFFECT OF DISAPPROVAL, CANCELLATION OR TERMINATION. 9.1 The Effective Date means one shall mean (1) business day after the occurrence of all of the following events: (i) the settlement pursuant to this Settlement Agreement is approved by the Courtcourt; and (ii) the time to appeal or seek permission to appeal from the Final Approval Order and Judgment has expired or, if appealed, the any appeal has been dismissed in its entirety, or the Final Approval Order has been affirmed in its entirety by the court of last resort to which such appeal may be taken, and such dismissal or affirmance has become no longer subject to further appeal or review. Notwithstanding the above, any order modifying or reversing any Attorneys’ Fees and Expense Award or Service Award Awards made in this case shall not affect the calculation of the Effective Date.

Appears in 1 contract

Samples: Settlement Agreement

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