Common use of PROCEDURE FOR APPROVAL OF SETTLEMENT Clause in Contracts

PROCEDURE FOR APPROVAL OF SETTLEMENT. a. Upon execution of the Settlement Agreement by Staff and by the Respondents, and the receipt by Staff of a certified cheque in the amount of $20,000, which shall be held in escrow, Staff will apply to the Commission for an order approving the Settlement Agreement. b. If the Settlement Agreement is approved by the Commission, it will constitute the entirety of the evidence submitted respecting the Respondents in this matter. c. If the Settlement Agreement is approved by the Commission, the Respondents agree to waive any right to a hearing and/or appeal with respect to this matter. d. If, for any reason whatsoever, this settlement is not approved by the Commission and the order set forth in Schedule "A" is not made by the Commission: i. Staff and the Respondents will be entitled to all available proceedings, remedies and challenges, including proceeding to a hearing, unaffected by the Settlement Agreement or any of the settlement negotiations; ii. The terms of this agreement will not be referred to in any subsequent proceeding or disclosed to any person, except with the written consent of both Staff and the Respondents or as may be required by law; and iii. The Respondents further agree that they will not raise, in any proceeding, the Settlement Agreement or the negotiation or process of approval thereof, as a basis for any attack on the jurisdiction of the Commission.

PROCEDURE FOR APPROVAL OF SETTLEMENT. a. Upon execution of the Settlement Agreement by Staff and by the Respondents, and the receipt by Staff of a certified cheque in the amount of $20,000, which shall be held in escrow, Staff will apply to the Commission for an order approving the Settlement Agreement. b. If the Settlement Agreement is approved by the Commission, it will constitute the entirety of the evidence submitted respecting the Respondents in this matter. c. If the Settlement Agreement is approved by the Commission, the Respondents agree to waive any right to a hearing and/or appeal with respect to this matter. d. If, for any reason whatsoever, this settlement is not approved by the Commission and the order set forth in Schedule "A" contemplated by this Settlement Agreement is not made by the Commission: i. Staff and the Respondents will be entitled to all available proceedings, remedies and challenges, including proceeding to a hearing, unaffected by the Settlement Agreement or any of the settlement negotiations; ii. The terms of this agreement will not be referred to in any subsequent proceeding or disclosed to any person, except with the written consent of both Staff and the Respondents Respondents, or as may be required by law; and iii. The Respondents further agree that they will not raise, in any proceeding, the Settlement Agreement or the negotiation or process of approval thereof, as a basis for any attack on the jurisdiction of the Commission.

PROCEDURE FOR APPROVAL OF SETTLEMENT. a. Upon execution of the Settlement Agreement by Staff and by the Respondents, and the receipt by Staff of a certified cheque in the amount of $20,000, which shall be held in escrow, Staff will apply to the Commission for an order approving the Settlement Agreement. b. If the Settlement Agreement is approved by the Commission, it will constitute the entirety of the evidence submitted respecting the Respondents in this matter. c. If the Settlement Agreement is approved by the Commission, the Respondents agree to waive any right to a hearing and/or appeal with respect to this matter. d. If, for any reason whatsoever, this settlement is not approved by the Commission and the order set forth in Schedule "A" is not made by the Commission: i. Staff and the Respondents will be entitled to all available proceedings, remedies and challenges, including proceeding to a hearing, unaffected by the Settlement Agreement or any of the settlement negotiations; ii. The terms of this agreement will not be referred to in any subsequent proceeding or disclosed to any person, except with the written consent of both Staff and the Respondents or as may be required by law; and iii. The Respondents further agree that they will not raise, in any proceeding, the Settlement Agreement or the negotiation or process of approval thereof, as a basis for any attack on the jurisdiction of the Commission.

PROCEDURE FOR APPROVAL OF SETTLEMENT. a. Upon execution of the Settlement Agreement by Staff and by the Respondents, and the receipt by Staff of a certified cheque in the amount of $20,00044,000, which shall be held in escrow, Staff will apply to the Commission for an order approving the Settlement Agreement. b. If the Settlement Agreement is approved by the Commission, it will constitute the entirety of the evidence submitted respecting the Respondents in this matter. c. If the Settlement Agreement is approved by the Commission, the Respondents agree to waive any right to a hearing and/or appeal with respect to this matter. d. If, for any reason whatsoever, this settlement is not approved by the Commission and the order set forth in Schedule "A" is not made by the Commission: i. Staff and the Respondents will be entitled to all available proceedings, remedies and challenges, including proceeding to a hearing, unaffected by the Settlement Agreement or any of the settlement negotiations; ii. The terms of this agreement will not be referred to in any subsequent proceeding or disclosed to any person, except with the written consent of both Staff and the Respondents or as may be required by law; and iii. The Respondents further agree that they will not raise, in any proceeding, the Settlement Agreement or the negotiation or process of approval thereof, as a basis for any attack on the jurisdiction of the Commission.

PROCEDURE FOR APPROVAL OF SETTLEMENT. a. Upon execution of the Settlement Agreement by Staff and by the Respondents, and the receipt by Staff of a certified cheque in the amount of $20,000, which shall be held in escrowrespondent, Staff will apply to the Commission for an order approving the Settlement Agreement. b. Immediately after execution of the Settlement Agreement and in any event prior to the hearing to seek approval of the Settlement Agreement, the respondent shall provide the aggregate sum of eight thousand five hundred dollars ($8,500.00) to the Commission in escrow. If the Settlement Agreement is approved, these funds will immediately become the property of, and be retained by the Commission. If the Settlement Agreement is not approved, these funds will be returned to the respondent. c. If the Settlement Agreement is approved by the Commission, it will constitute the entirety of the evidence submitted respecting the Respondents respondent in this matter. c. d. If the Settlement Agreement is approved by the Commission, the Respondents agree respondent agrees to waive any right to a hearing and/or appeal with respect to this matter. d. e. If, for any reason whatsoever, this settlement is not approved by the Commission and the order set forth in Schedule "A" is not made by the Commission: i. Staff and the Respondents respondent will be entitled to all available proceedings, remedies and challenges, including proceeding to a hearing, unaffected by the Settlement Agreement or any of the settlement negotiations; ii. The terms of this agreement will not be referred to in any subsequent proceeding or disclosed to any person, except with the written consent of both Staff and the Respondents respondents or as may be required by law; and iii. The Respondents respondent further agree agrees that they it will not raise, in any proceeding, the Settlement Agreement or the negotiation or process of approval thereof, as a basis for any attack on the jurisdiction of the Commission.

PROCEDURE FOR APPROVAL OF SETTLEMENT. a. Upon execution of the Settlement Agreement by Staff and by the Respondents, and the receipt by Staff of a certified cheque in the amount of $20,000, which shall be held in escrow, Staff will apply to the Commission for an order approving the Settlement Agreement. b. Prior to the granting of any order, the Respondents shall deposit $55,000.00 in trust with their legal counsel, and shall instruct counsel to deliver such funds to Staff upon an order approving the Settlement Agreement. Counsel shall advise Staff in this regard. c. If the Settlement Agreement is approved by the Commission, it will constitute the entirety of the evidence submitted respecting the Respondents in this matter. c. d. If the Settlement Agreement is approved by the Commission, the Respondents agree to waive any right to a hearing and/or appeal with respect to this matter. d. e. If, for any reason whatsoever, this settlement is not approved by the Commission and the order set forth in Schedule "A" is not made by the Commission: i. Staff and the Respondents will be entitled to all available proceedings, remedies and challenges, including proceeding to a hearing, unaffected by the Settlement Agreement or any of the settlement negotiations; ii. The terms of this agreement will not be referred to in any subsequent proceeding or disclosed to any person, except with the written consent of both Staff and the Respondents or as may be required by law; and iii. The Respondents further agree that they will not raise, in any proceeding, the Settlement Agreement or the negotiation or process of approval thereof, as a basis for any attack on the jurisdiction of the Commission.

PROCEDURE FOR APPROVAL OF SETTLEMENT. a. Upon execution of the Settlement Agreement by Staff and by the Respondents, and the receipt by Staff of a certified cheque in the amount of $20,000, which shall be held in escrowRespondent, Staff will apply to the Commission for an order approving the Settlement Agreement. b. Prior to the granting of any order, the Respondent shall deposit $24,000.00 in trust with his legal counsel, and shall instruct such counsel to: (1) advise Staff of such deposit; and (2) deliver such funds to Staff upon an order approving the Settlement Agreement. c. If the Settlement Agreement is approved by the Commission, it will constitute the entirety of the evidence submitted respecting the Respondents Respondent in this matter. c. d. If the Settlement Agreement is approved by the Commission, the Respondents agree Respondent agrees to waive any right to a hearing and/or appeal with respect to this matter. d. e. If, for any reason whatsoever, this settlement is not approved by the Commission and the order set forth in Schedule "A" is not made by the Commission: i. Staff and the Respondents Respondent will be entitled to all available proceedings, remedies and challenges, including proceeding to a hearing, unaffected by the Settlement Agreement or any of the settlement negotiations; ii. The terms of this agreement will not be referred to in any subsequent proceeding or disclosed to any person, except with the written consent of both Staff and the Respondents Respondent or as may be required by law; and iii. The Respondents Respondent further agree agrees that they he will not raise, in any proceeding, the Settlement Agreement or the negotiation or process of approval thereof, as a basis for any attack on the jurisdiction of the Commission.