Common use of Finality of Settlement Clause in Contracts

Finality of Settlement. This Settlement Agreement and the Settlement shall become final upon the occurrence of all of the following (the “Effective Date”): a. The Settlement and this Settlement Agreement are approved by the Court as required by Fed. R. Civ. P. 23(e); b. The Court enters an order finally approving the Settlement substantially in the form of the Settling Parties’ agreed proposed Final Approval Order, entering a final judgment of dismissal with prejudice as to Releasees only against Settling Plaintiffs and the Settlement Class; c. The time for appeal from the Court’s entry of the Final Approval Order has expired or, if the Final Approval Order is appealed, it has been resolved by agreement and withdrawn by the appealing party, or it has been affirmed by the court of last resort to which an appeal of such Final Approval Order may be taken; and d. The Settlement is not terminated pursuant to Paragraph 17, below.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

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Finality of Settlement. This Settlement Agreement and the Settlement shall become final upon the occurrence of all of the following (the “Effective Date”): a. The Settlement and this Settlement Agreement are approved by the Court as required by Fed. R. Civ. P. 23(e); b. The Court enters an order finally approving the Settlement substantially in the form of attached hereto as the Settling Parties’ agreed proposed Final Approval Order, entering a final judgment of dismissal with prejudice as to Releasees only Shire against Settling Plaintiffs and the Settlement Direct Purchaser Class; c. The time for appeal from the Court’s entry signing of the Final Approval Order has expired or, if the Final Approval Order is appealed, it has been resolved by agreement and withdrawn by the appealing party, or it has been affirmed by the court of last resort to which an appeal of such Final Approval Order may be taken; and d. The Settlement is not terminated pursuant to Paragraph 1714, below.

Appears in 1 contract

Samples: Settlement Agreement

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Finality of Settlement. This Settlement Agreement and the Settlement shall become final upon the occurrence of all of the following events (the “Effective Date”): a. The a) the Settlement and this Settlement Agreement are approved by the Court as required by Fed. R. Civ. P. Federal Rule of Civil Procedure 23(e); b. The b) the Court enters an order finally approving the Settlement substantially in the form of attached hereto as the Settling Parties’ agreed proposed Final Approval Order, entering Order (Exhibit C) and enters a final judgment of dismissal with prejudice as to Releasees only Ranbaxy against Settling Plaintiffs and the Settlement ClassDirect Purchaser Classes; c. The c) the time for appeal from the Court’s entry signing of the Final Approval Order has expired expires or, if the Final Approval Order is appealed, it has been such appeal is resolved by agreement and is withdrawn by the appealing party, or it has been is affirmed by the court of last resort to which an appeal of such Final Approval Order may be takentaken and such affirmance is no longer subject to further appeal or review; and d. The d) the Settlement is not terminated pursuant to Paragraph 1713, below.

Appears in 1 contract

Samples: Settlement Agreement

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