Settlement Approval. No later than the thirtieth (30th) business day after the Effective Date, Purchaser shall file an action against Company in the United States District Court or state court of trial jurisdiction in the State of Florida (the “Action”) seeking collection of the Claim. Purchaser shall seek to settle the Action on terms acceptable to Purchaser in its sole discretion find, by appropriate motion or other pleading, shall seek approval from the Court of such settlement.
Appears in 2 contracts
Samples: Claim Purchase Agreement, Claim Purchase Agreement (InCapta, Inc.)
Settlement Approval. No later than the thirtieth (30th) business day after the Effective Date, Purchaser shall file an action against Company in the United States District Court or state court of trial jurisdiction in the State of Florida (the “"Action”") seeking collection of the Claim. Purchaser shall seek to settle the Action on terms acceptable to Purchaser in its sole discretion findand, by appropriate motion or other pleading, shall seek approval from the Court of such settlement.
Appears in 2 contracts
Samples: Claim Purchase Agreement (ERF Wireless, Inc.), Claim Purchase Agreement (ERF Wireless, Inc.)
Settlement Approval. No later than the thirtieth (30th) business day after the Effective Date, Purchaser shall file an action against Company in the United States District Court or state court of trial jurisdiction in the State of Florida (the “Action”) seeking collection of the Claim. Purchaser shall seek to settle the Action on terms acceptable to Purchaser in its sole discretion findand, by appropriate motion or other pleading, shall seek approval from the Court of such settlement.
Appears in 1 contract
Settlement Approval. No later than the thirtieth (30th) business day after the Effective Date, Purchaser shall file an action against Company in the United States District Court or state court of trial jurisdiction in the State of Florida (the “Action”) seeking collection of the Claim. Purchaser shall seek to settle the Action on terms acceptable to Purchaser in its sole discretion findand, by appropriate motion or other pleading, shall seek approval from the Court of such settlement.
Appears in 1 contract