Court Approval Required. Purchaser and Sellers acknowledge and agree that the Bankruptcy Court’s entry of the Approval Order shall be required in order to consummate the Transactions, and that the requirement that the Approval Order be entered is a condition that cannot be waived by any party hereto.
Court Approval Required. (1) With the exception of those Sections expressly stated to survive the termination of this Settlement Agreement, this Settlement Agreement shall be of no force or effect unless and until this Settlement Agreement is approved by the Court.
Court Approval Required. This Settlement Agreement is contingent on approval by the Court. The Parties shall undertake their best efforts, including all steps and efforts contemplated by this Settlement Agreement, and any other steps or efforts which may become necessary by order of the Court (unless such order modifies the terms of this Settlement Agreement) or otherwise, to carry out this Settlement Agreement, including the following:
Court Approval Required. This MOU is contingent upon, and subject to, the approval of the court, pursuant to a Motion for Preliminary and Final Approval of its terms to be filed by the counsel for the Plaintiff in the Action, with the cooperation of the Defendant. The Motion for Preliminary Approval shall include a reasonable time for mailing of the class notice to class members, in a form approved by the court as a condition to preliminary approval. The Defendant will provide last known contact information to the class administrator, to facilitate the class notice.
Court Approval Required. This Settlement Agreement is conditioned upon, and made subject to, final approval thereof by the Court. In the event the Court does not approve the Settlement Agreement, in whole or in any part, the Settlement Agreement shall be null and void and of no further effect. The Trust shall bear all costs and expenses of providing to the Trust's shareholders such notice of this Settlement Agreement and of the hearing to be held thereon as may be required by the Court. In the event that the settlement is not approved by the Court, Pure World, Strougo and their counsel shall not be required to reimburse the Trust for the cost of such notice.
Court Approval Required. This MOU and any Stipulation of Settlement shall be null and void and of no force and effect if Final Approval of the Settlement does not occur for any reason. In such event, the parties shall return to their respective litigation positions in each of the Actions as of the time immediately prior to the date of the execution of this MOU, as though it were never executed or agreed to, and this MOU shall not be deemed to prejudice in any way the positions of the parties with respect to the Actions, or to constitute an admission of fact by any party, shall not entitle any party to recover any costs or expenses incurred in connection with the implementation of this MOU or the Settlement, and neither the existence of this MOU nor its contents shall be admissible in evidence or be referred to for any purposes in the Actions or in any litigation or judicial proceeding, other than to enforce the terms hereof.
Court Approval Required. Pursuant to Rule 145 of the General Rules of Practice, the parties recognize and agree that Court approval is required for this Agreement and for the disbursement of any settlement funds. Thus, this Agreement is subject to and wholly contingent upon Court approval. At their expense, counsel for Parent and Student must prepare all documents that are necessary to file a petition with the Court and to obtain a written Order from the Court approving this Agreement and the disbursement of funds. Counsel for Parent and Student will forward a copy of all documents that are filed with the Court to the District’s legal counsel.
Court Approval Required
