RECORDING OF SETTLEMENT Sample Clauses

RECORDING OF SETTLEMENT. If the parties agree to resolve the dispute, a written record of the essential terms of the settlement must be set out in a Settlement Agreement and be signed by or on behalf of the parties, before they leave the mediation. This provision addressing the recording of any settlement terms can only be altered by the parties by written agreement signed by all parties to the mediation and witnessed by a participant in the mediation. In the absence of a written signed and witnessed document, amending this provision, the parties acknowledge that the dispute or such part of it that remains unrecorded and unsigned by the parties has not been resolved. Save for the document recording the terms of settlement, all other oral and documentary information, statements, exchanges, views, opinions and any other communication made by or between the parties or by other persons who participated in the mediation, shall remain confidential both in terms of paragraphs 28 to 36 herein and in terms of any Confidentiality Agreement signed by the parties and/or other participants in the mediation.
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RECORDING OF SETTLEMENT. 115. Castle & Xxxxx shall have the right to record in the Office of the Assistant Registrar of the Land Court of the State of Hawai‘i and/or the Bureau of Conveyances of the State of Hawai‘i, as applicable, an executed copy of this Waikoloa-PEX Brass Fittings Settlement (including a memorandum thereof), the Final Approval Order, and/or the Final Judgment against each Waikoloa-PEX Brass Fittings Class Structure of the Waikoloa-PEX Brass Fittings Settlement (collectively, “Settlement Participant Structure”) and all terms and conditions of this Waikoloa-PEX Brass Fittings Settlement, including the release, acquittal, and discharge of Castle & Xxxxx set forth herein, shall run with the land and shall be binding upon all parties having or acquiring any right, title, or interest in or to any Settlement Participant Structure or any portion thereof without the execution, delivery, or recordation of any further instrument, the acquisition of any such right or interest in any Settlement Participant Structure shall be deemed to constitute the acceptance of all terms and conditions of this Settlement such by such person or entity, and upon the transfer of any such right or interest in any Settlement Participant Structure, the same shall be subject to and the transferee shall assume and be bound and obligated to observe all of the terms and conditions contained in this Settlement. A schedule of the tax map key numbers and addresses of all Waikoloa-PEX Brass Fittings Class Structures is attached hereto as Exhibit 6. Under no circumstances shall Castle & Xxxxx have any liability or responsibility to any persons for any claims arising out of, relating to, or by virtue of the recordation of any documents pursuant to this Paragraph.
RECORDING OF SETTLEMENT. If a grievance is settled, the settlement will be reduced to writing with a date certain for implementation. The Union will mail a copy of the settlement to the affected Crewmember(s) not later than thirty (30) Days after settlement. -71- 72 SECTION 26 - SYSTEM BOARD OF ADJUSTMENT 26.1. THE BOARD In compliance with the Railway Labor Act, as amended, a System Board of Adjustment is hereby established for the purpose of adjusting and deciding grievances that may arise under the terms of the Grievance Procedure and that are properly submitted to it. The Board will be known as The "Kitty Hawk International, Inc. Crewmembers' System Board of Adjustment," hereafter referred to as the "Board."

Related to RECORDING OF SETTLEMENT

  • RECORDING OF SERVICE INSTRUCTIONS The Bank may (but shall not be obliged to) at its absolute discretion tape or otherwise record all Service Instructions, and the Account Holder agrees to the use of such tapes or recordings and any transcripts thereof which the Bank may make for any purpose that the Bank deems desirable, including their use as evidence in any proceedings against the Account Holder or any other person.

  • RECORDING OF AGREEMENT Tenant shall not record this Agreement on the Public Records of any public office. In the event that Tenant shall record this Agreement, this Agreement shall, at Landlord's option, terminate immediately and Landlord shall be entitled to all rights and remedies that it has at law or in equity.

  • Basis of Settlement Unless otherwise provided, the Insurer is not liable beyond the actual cash value of the property at the time any loss or damage occurs and the loss or damage shall be ascertained or estimated according to such actual cash value with proper deduction for depreciation, however caused, and shall in no event exceed what it would then cost to repair or replace the same with material of like kind and quality.

  • Time of Settlement RSUs shall be settled promptly upon expiration of the Restricted Period without forfeiture of the RSUs (i.e., upon vesting), but in any event within 60 days after expiration of the Restricted Period, by delivery of one share of Common Stock for each RSU being settled, or, at the discretion of the Company, the cash equivalent thereof; provided, however, that settlement of an RSU shall be subject to Plan Section 11(k), including if applicable the six-month delay rule in Plan Sections 11(k)(i)(C)(2) and 11(k)(i)(G); provided further, that no dividend or dividend equivalents will be paid, accrued or accumulated in respect of the period during which settlement was delayed. (Note: This rule may apply to any portion of the RSUs that vest after the time you become Retirement eligible under the Plan, and could apply in other cases as well). Settlement of RSUs which directly or indirectly result from adjustments to RSUs shall occur at the time of settlement of, and subject to the restrictions and conditions that apply to, the granted RSUs. Settlement of cash amounts which directly or indirectly result from adjustments to RSUs shall be included as part of your regular payroll payment as soon as administratively practicable after the settlement date for the underlying RSUs, and subject to the restrictions and conditions that apply to, the granted RSUs. Until shares are delivered to you in settlement of RSUs, you shall have none of the rights of a stockholder of the Company with respect to the shares issuable in settlement of the RSUs, including the right to vote the shares and receive actual dividends and other distributions on the underlying shares of Common Stock. Shares of stock issuable in settlement of RSUs shall be delivered to you upon settlement in certificated form or in such other manner as the Company may reasonably determine. At that time, you will have all of the rights of a stockholder of the Company.

  • Sharing of Set-Off Each Lender agrees with each other Lender a party hereto that if such Lender shall receive and retain any payment, whether by set-off or application of deposit balances or otherwise, on any of the Loans or Reimbursement Obligations in excess of its ratable share of payments on all such Obligations then outstanding to the Lenders, then such Lender shall purchase for cash at face value, but without recourse, ratably from each of the other Lenders such amount of the Loans or Reimbursement Obligations, or participations therein, held by each such other Lenders (or interest therein) as shall be necessary to cause such Lender to share such excess payment ratably with all the other Lenders; provided, however, that if any such purchase is made by any Lender, and if such excess payment or part thereof is thereafter recovered from such purchasing Lender, the related purchases from the other Lenders shall be rescinded ratably and the purchase price restored as to the portion of such excess payment so recovered, but without interest. For purposes of this Section, amounts owed to or recovered by the L/C Issuer in connection with Reimbursement Obligations in which Lenders have been required to fund their participation shall be treated as amounts owed to or recovered by the L/C Issuer as a Lender hereunder.

  • Sharing of Set-Offs In addition to any rights now or hereafter granted under Applicable Law or otherwise, and not by way of limitation of any such rights, upon the occurrence and during the continuance of any Event of Default, each Lender is hereby authorized at any time or from time to time, without presentment, demand, protest or other notice of any kind to the Borrower or to any other Person, any such notice being hereby expressly waived, to set off and to appropriate and apply any and all deposits (general or special, time or demand, provisional or final) and any other Indebtedness at any time held or owing by such Lender (including, without limitation, by branches and agencies of such Lender wherever located) to or for the credit or the account of the Borrower against and on account of the Obligations of the Borrower then due and payable to such Lender under this Agreement or under any of the other Loan Documents, including, without limitation, all interests in Obligations purchased by such Lender. Each Lender agrees that if it shall, by exercising any right of set-off or counterclaim or otherwise, receive payment of a proportion of the aggregate amount of principal, interest, fees and other amounts due with respect to any Loan held by it which is greater than the proportion received by any other Lender in respect of the aggregate amount of principal, interest, fees and other amounts due with respect to the Loans held by such other Lender, the Lender receiving such proportionately greater payment shall purchase such participations in the Loans held by the other Lenders, and such other adjustments shall be made, as may be required so that all such payments of principal, interest, fees and other amounts with respect to the Loans held by the Lenders shall be shared by the Lenders pro rata; provided that nothing in this Section 12.4 shall impair the right of any Lender to exercise any right of set-off or counterclaim it may have and to apply the amount subject to such exercise to the payment of Indebtedness of the Borrower other than its Indebtedness under the Loans. The Borrower agrees, to the fullest extent it may effectively do so under Applicable Law, that any holder of a participation in a Loan, whether or not acquired pursuant to the foregoing arrangements, may exercise rights of set-off or counterclaim and other rights with respect to such participation as fully as if such holder of a participation were a direct creditor of the Borrower in the amount of such participation. Notwithstanding anything to the contrary contained herein, any Lender may, by separate agreement with the Borrower, waive its right to set off contained herein or granted by law and any such written waiver shall be effective against such Lender under this Section 12.4. For the avoidance of doubt, for purposes of this Section 12.4, a pro rata allocation will mean an allocation of the amount received by such set-off or counterclaim and other rights as if such amount had been applied as a prepayment of the Loans under Section 2.7.

  • Form of Settlement Notwithstanding any discretion contained in the Plan or anything to the contrary in the Agreement, the RSUs are payable in Shares only.

  • Recording of Overtime Employees shall record starting and finishing times for overtime worked in a form determined by the Employer.

  • Termination of Settlement If the Settlement is terminated as provided in the Stipulation, this Order shall be vacated, rendered null and void and be of no further force and effect, except as otherwise provided by the Stipulation, and this Order shall be without prejudice to the rights of Plaintiffs, the other Class Members and Defendants, and the Parties shall revert to their respective positions in the Action as of immediately prior to August 24, 2015, as provided in the Stipulation.

  • Recording of Assignments The Issuer shall enforce the obligation of the Seller under the Home Loan Purchase Agreement to submit or cause to be submitted for recording all Assignments of Mortgages within 60 days of receipt of recording information by the Master Servicer.

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