Order Granting Final Approval Clause Samples
The 'Order Granting Final Approval' clause formally confirms the court's acceptance of a settlement or agreement, making it legally binding on all parties involved. In practice, this clause typically follows a hearing where the court reviews the terms of the settlement, considers any objections, and determines that the agreement is fair, reasonable, and adequate. Its core function is to provide finality and enforceability to the settlement, ensuring that all parties are obligated to comply with its terms and that the dispute is conclusively resolved.
Order Granting Final Approval. The “Order Granting Final Approval” shall mean and refer to the order entered by the Court approving, among other things, the terms and conditions of this Agreement, including the manner and timing of providing Notice, and certifying a Settlement Class.
Order Granting Final Approval. “Order Granting Final Approval” shall mean the final Order entered by the Court after the Fairness Hearing.
Order Granting Final Approval. The “Order Granting Final Approval” shall mean and refer to an order entered by the Court consistent with the terms of the Order Granting Preliminary Approval and approving, among other things, the terms and conditions of this Agreement, including the manner and timing of providing Notice to the Class and certifying a Settlement Class, and finding that the terms of the Settlement are fair, reasonable, and adequate within the meaning of Fed. R. Civ. P. 23(e). The Parties will submit to the Court a Proposed Order Granting Final Approval.
Order Granting Final Approval. “Order Granting Final Approval” refers to the order or statement of decision in the Litigation by the Court granting final approval to this settlement following a Final Settlement Hearing, which will not occur until at least 90 days after Defendant provides the appropriate Federal official and the appropriate State officials are served with the notice required under the Class Action Fairness Act (“CAFA”).3 3 Defendant shall serve notice of the settlement that meets the requirements of CAFA on the appropriate Federal official and the appropriate State officials within ten (10) days after the Motion for Preliminary Approval and this Agreement are filed with the Court. Within ten (10) days of serving the appropriate officials, Defendant shall file a notice to the Court, advising the Court of the date upon which the CAFA notice was served.
Order Granting Final Approval. 2 On April , 2021, Plaintiff ▇▇▇ ▇▇▇▇▇ on behalf of himself and the proposed 3 Settlement Class (as defined below) (“Plaintiff”) and Defendants Orange County 4 Transportation Authority, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ and ▇▇▇▇ ▇▇▇▇▇▇▇ (collectively 5 “OCTA”), and Defendant Cofiroute USA, LLC (“Cofiroute”) (OCTA and Cofiroute 6 are collectively referred to as “Defendants”) entered into a Settlement Agreement 7 and Release (“Agreement”), after two arm’s-length mediations, both with the 8 assistance of mediator ▇▇▇▇▇▇ Kaplan1 The settlement reached by Plaintiff and 9 Defendants will be referred to as the “Settlement.” 10 On _ this Court granted Preliminary Approval of the Agreement and 11 ordered that Notice be sent to the Settlement Class. 12 On _, this Court heard Plaintiff’s motion for final approval 13 of the Settlement. After reviewing (a) the motion and the supporting papers, 14 including the Agreement; (b) any objections filed with or presented to the Court; (c) 15 the parties’ responses to any objections; and (d) counsels’ arguments, the Court 16 finds good cause to grant the motion.