Common use of REQUIRED EVENTS Clause in Contracts

REQUIRED EVENTS. Promptly after execution of this Settlement Agreement by all Parties: A. Class Counsel and Defendant’s Counsel shall take all reasonable and necessary steps to obtain entry of the Preliminary Approval Order and obtain entry of the Final Approval Order. Class Counsel, with Quorn’s pre-filing review and approval, shall prepare and file all documents in connection with the Motion for Preliminary Approval and the Motion for Final Approval. B. In the event that the Court fails to issue the Preliminary Approval Order, or fails to issue the Final Approval Order, the Parties agree to use their best efforts, consistent with this Settlement Agreement, to cure any defect(s) identified by the Court. If, despite their best efforts, the Parties cannot cure said defects, the Settlement Agreement is voidable with each party returning to their respective pre-settlement posture and without prejudice or waiver to any party’s pre-settlement position on any legal or factual issue. C. The Parties acknowledge that prompt approval, consummation, and implementation of the Settlement set forth in this Settlement Agreement are essential. The Parties shall cooperate with each other in good faith to carry out the purposes of and effectuate this Settlement Agreement, shall promptly perform their respective obligations hereunder, and shall promptly take any and all actions and execute and deliver any and all additional documents and all other materials and/or information reasonably necessary or appropriate to carry out the terms of this Settlement Agreement and the transactions contemplated hereby. D. Upon Entry of the Final Approval Order, this Action shall be dismissed, on its merits and with prejudice, subject to the continuing jurisdiction of the Court. The Final Approval Order also will enjoin the prosecution of any litigation or class action related to the Released Claims and Released Parties on behalf of any Class Member.

Appears in 1 contract

Samples: Class Action Settlement Agreement

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REQUIRED EVENTS. Promptly after execution of this Settlement Agreement by all Parties: A. Class Counsel and Defendant’s Defendants’ Counsel shall take all reasonable and necessary steps steps, to obtain entry of the Preliminary Approval Order and obtain entry of the Final Approval Order. Class Counsel, with Quorn’s pre-filing review and approval, shall prepare and file all documents in connection with the Motion for Preliminary Approval and the Motion for Final Approval. B. In the event that the Court fails to issue the Preliminary Approval Order, or fails to issue the Final Approval Order, this Settlement Agreement is voidable by either party. However, the Parties agree to use their best efforts, consistent with this Settlement Agreement, to cure any defect(s) identified by the Court. If, despite their best efforts, the Parties cannot cure said defects, the Settlement Agreement is voidable with each party returning to their respective pre-settlement posture and without prejudice or waiver to any party’s pre-settlement position on any legal or factual issue. C. The Parties acknowledge that prompt approval, consummation, and implementation of the Settlement set forth in this Settlement Agreement are is essential. The Parties shall cooperate with each other in good faith to carry out the purposes of and effectuate this Settlement Agreement, shall promptly perform their respective obligations hereunder, and shall promptly take any and all actions and execute and deliver any and all additional documents and all other materials and/or information reasonably necessary or appropriate to carry out the terms of this Settlement Agreement and the transactions contemplated hereby. D. Upon Entry of the Final Approval Order, this Action shall be dismissed, on its merits and with prejudice, subject to the continuing jurisdiction of the this Court. The Final Approval Order also will enjoin the prosecution of any litigation or class action related to the Released Claims and Released Parties on behalf of any member of the Class Member(other than individuals who timely and properly opt out of or request exclusion from the Class) related to the UCL claims.

Appears in 1 contract

Samples: Settlement Agreement

REQUIRED EVENTS. Promptly after execution of this Settlement Agreement by all Parties: A. Class Counsel and Defendant’s Counsel shall take all reasonable and necessary steps to obtain entry of the Preliminary Approval Order and obtain entry of the Final Approval Order. Class Counsel, with QuornLSI’s pre-filing review and approval, shall prepare and file all documents in connection with the Motion for Preliminary Approval and the Motion for Final Approval. B. In the event that the Court fails to issue the Preliminary Approval Order, or fails to issue the Final Approval Order, the Parties agree to use their best efforts, consistent with this Settlement Agreement, to cure any defect(s) identified by the Court. If, despite their best efforts, the Parties cannot cure said defects, the Settlement Agreement is voidable with each party returning to their respective pre-settlement posture and without prejudice or waiver to any party’s pre-settlement position on any legal or factual issue. C. The Parties acknowledge that prompt approval, consummation, and implementation of the Settlement set forth in this Settlement Agreement are essential. The Parties shall cooperate with each other in good faith to carry out the purposes of and effectuate this Settlement Agreement, shall promptly perform their respective obligations hereunder, and shall promptly take any and all actions and execute and deliver any and all additional documents and all other materials and/or information reasonably necessary or appropriate to carry out the terms of this Settlement Agreement and the transactions contemplated hereby. D. Upon Entry of the Final Approval Order, judgment will be entered in accordance with the terms of this Action shall be dismissed, on its merits and with prejudiceSettlement, subject to the continuing jurisdiction of the CourtCourt pursuant to CCP Section 664.6. The Final Approval Order also will enjoin the prosecution of any litigation or class action related to the Released Claims claims and Released Parties on behalf of any Class Memberas set forth herein.

Appears in 1 contract

Samples: Class Action Settlement Agreement

REQUIRED EVENTS. Promptly after execution of this Settlement Agreement by all Parties: A. Class Counsel and Defendant’s Counsel shall take all reasonable and necessary steps to obtain entry of the Preliminary Approval Order and obtain entry of the Final Approval Order. Class Counsel, with Quorn’s pre-filing review and approval, Counsel shall prepare and file all documents in connection with the Motion for Preliminary Approval and the Motion for Final Approval. B. In the event that the Court fails to issue the Preliminary Approval Order, or fails to issue the Final Approval Order, the Parties agree to use their best efforts, consistent with this Settlement Agreement, to cure any defect(s) identified by the Court. If, despite their best efforts, the Parties cannot cure said defects, the Settlement Agreement is voidable at the election of Class Representative or Defendant with each party returning to their respective pre-settlement posture and without prejudice or waiver to any party’s pre-settlement position on any legal or factual issue. C. The Parties acknowledge that prompt approval, consummation, and implementation of the Settlement set forth in this Settlement Agreement are essential. The Parties shall cooperate with each other in good faith to carry out the purposes of and effectuate this Settlement Agreement, shall promptly perform their respective obligations hereunder, and shall promptly take any and all actions and execute and deliver any and all additional documents and all other materials and/or information reasonably necessary or appropriate to carry out the terms of this Settlement Agreement and the transactions contemplated hereby. D. Upon Entry of the Final Approval Order, the Court must enter Judgment in accordance with the terms of this Action shall be dismissedSettlement Agreement, on its merits and with prejudice, subject to substantially as provided in the continuing jurisdiction of the CourtFinal Approval Order. The Final Approval Order also will must enjoin the prosecution of any litigation or class action by Plaintiff or any Class Member related to or arising out of the Released Claims Complaint, Action, and Released Parties on behalf of any Class MemberIncident.

Appears in 1 contract

Samples: Class Action Settlement Agreement

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REQUIRED EVENTS. Promptly after execution of this Settlement Agreement by all Parties: A. Class Counsel and Defendant’s Counsel shall take all reasonable and necessary steps to obtain entry of the Preliminary Approval Order and obtain entry of the Final Approval Order. Class Counsel, with QuornCMC’s pre-filing review and approvalreview, shall prepare and file all documents in connection with the Motion for Preliminary Approval and the Motion for Final Approval. B. In the event that the Court fails to issue the Preliminary Approval Order, or fails to issue the Final Approval Order, the Parties agree to use their best efforts, consistent with this Settlement Agreement, to cure any defect(s) identified by the Court. If, despite their best efforts, the Parties cannot cure said defects, the Settlement Agreement is voidable at the election of Class Representatives or Defendant with each party returning to their respective pre-settlement posture and without prejudice or waiver to any party’s pre-settlement position on any legal or factual issue. C. The Parties acknowledge that prompt approval, consummation, and implementation of the Settlement set forth in this Settlement Agreement are essential. The Parties shall cooperate with each other in good faith to carry out the purposes of and effectuate this Settlement Agreement, shall promptly perform their respective obligations hereunder, and shall promptly take any and all actions and execute and deliver any and all additional documents and all other materials and/or information reasonably necessary or appropriate to carry out the terms of this Settlement Agreement and the transactions contemplated hereby. D. Upon Entry of the Final Approval Order, the Court must enter Judgment in accordance with the terms of this Action shall be dismissedSettlement Agreement, on its merits and with prejudice, subject to substantially as provided in the continuing jurisdiction of the CourtFinal Approval Order. The Final Approval Order also will must enjoin the prosecution of any litigation or class action by Plaintiffs or any Class Member related to or arising out of the Released Claims Complaint and Released Parties on behalf of any Class MemberAction.

Appears in 1 contract

Samples: Class Action Settlement Agreement

REQUIRED EVENTS. Promptly after execution of this Settlement Agreement by all Parties: A. Class Counsel and Defendant’s Counsel shall take all reasonable and necessary steps to obtain entry of the Preliminary Approval Order and obtain entry of the Final Approval Order. Class Counsel, with Quorn’s pre-filing review and approval, Counsel shall prepare and file all documents in connection with the Motion for Preliminary Approval and the Motion for Final Approval. B. In the event that the Court fails to issue the Preliminary Approval Order, or fails to issue the Final Approval Order, the Parties agree to use their best efforts, consistent with this Settlement Agreement, to cure any defect(s) identified by the Court. If, despite their best efforts, the Parties cannot cure said defects, the Settlement Agreement is voidable at the election of Class Representative or Defendant with each party returning to their respective pre-settlement posture and without prejudice or waiver to any party’s pre-settlement position on any legal or factual issue. C. The Parties acknowledge that prompt approval, consummation, and implementation of the Settlement as set forth in this Settlement Agreement are is essential. The Parties shall cooperate with each other in good faith to carry out the purposes of and effectuate this Settlement Agreement, shall promptly perform their respective obligations hereunder, and shall promptly take any and all actions and execute and deliver any and all additional documents and all other materials and/or information reasonably necessary or appropriate to carry out the terms of this Settlement Agreement and the transactions contemplated hereby. D. Upon Entry of the Final Approval Order, the Court must enter Judgment in accordance with the terms of this Action shall be dismissedSettlement Agreement, on its merits and with prejudice, subject to substantially as provided in the continuing jurisdiction of the CourtFinal Approval Order. The Final Approval Order also will must enjoin the prosecution of any litigation or class action by Plaintiff or any Class Member related to or arising out of the Released Claims Complaint and Released Parties on behalf of any Class MemberAction.

Appears in 1 contract

Samples: Class Action Settlement Agreement

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