Conditions to Effectiveness of the Settlement. This Settlement shall become effective when the Court has entered the Final Judgment and the Final Judgment has become Final.
Conditions to Effectiveness of the Settlement. This Settlement is expressly conditioned upon the approval of all provisions in the Settlement by the Commission in accordance with Rule 602, without condition or modification, provided that, if the Commission approves this Settlement with condition, modification, or severance of any issue or party, then subject to the requirements of Section 0, the Settlement shall not become effective and shall be null and void only if a Settling Party notifies the other Settling Parties and the 8 For purposes of this Settlement, a final Commission order is an order no longer subject to rehearing or judicial review under section 313 of the Federal Power Act, 16 U.S.C. § 825l. Commission in writing within thirty (30) days of such Commission order that it does not accept such condition, modification, or severance. No Settling Party shall be bound by any part of this Settlement and the Settlement shall be null and void unless it becomes effective in the manner provided by this Article III.
Conditions to Effectiveness of the Settlement. This Settlement is expressly conditioned upon the approval of all provisions in the Settlement by the Commission in accordance with Rule 602, without modification, provided that, if the Commission conditions its approval of this Settlement or requires modification of the Settlement, any Settling Party may notify the other Settling Parties within five (5) business days of the issuance of such order that it opposes the Settlement as so conditioned or modified. In such event, the Settling Parties shall meet or confer within ten (10) business days after such notification is provided to evaluate whether the concerns of the Settling Party(ies) can be addressed through a revision to the Settlement. If a revised offer of settlement cannot be reached and the concerns of the Settling Party(ies) cannot otherwise be adequately addressed within five (5) business days of such meeting or conference (unless mutually extended by the Settling Parties), the Settlement shall be of no force and effect and the objecting Settling Party(ies) shall so inform the Commission. Any Settling Party that does not so communicate its objections to any such condition or modification in accordance with this Section 4.1 shall be deemed to have waived all objections and may not seek rehearing of the Commission order conditioning its approval of this Settlement or modifying this Settlement. No Settling Party shall be bound by any part of this Settlement and the Settlement shall be null and void unless it becomes effective in the manner provided by Article III and this Article IV.
Conditions to Effectiveness of the Settlement
