Stay Orders Sample Clauses

Stay Orders. In their request for preliminary approval of the Settlement, the Parties will ask the Court to grant preliminary approval, schedule a hearing on the Settlement’s fairness and adequacy, authorize the issuance of Class Notice of the proposed settlement and hearing, and enjoin and stay the underlying Litigation pending the Court’s final ruling approving or denying approval of this Settlement Agreement.
Sample 1
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Stay Orders. 4.1 Pursuant to the Louisiana Conditional Agreement to Settle, one or more of the Compromising Parties, the Settling Insurers, and the PLC shall submit to the Louisiana Court a Joint Motion for Stay signed by or on behalf of the Class, the PLC, one or more of the Compromising Parties, and the Settling Insurers, with a proposed form of Stay Order attached thereto, pursuant to which Stay Order, the Louisiana Court shall enjoin and stay, during the pendency of the settlement proceedings contemplated by this Agreement, the commencement and/or prosecution of any and all actions and proceedings (including discovery) by Class Members, Opt-Out Parties, and Nonsettling Parties against any of the Compromising Parties, the Related Parties, and/or the Settling Insurers Related to the Incident, including any and all Claims for Contribution, Indemnity, and/or Subrogation, by, on behalf of or through any Class Members and/or Opt-Out Parties and/or Nonsettling Parties, such stay and injunction to remain effective during the pendency of such settlement proceedings unless modified by further order of the Louisiana Court. 4.2 The MPC and one or more of the Compromising Parties will jointly move the Court to sever all claims (including any claims of Nonsettling Parties) against the Compromising Parties, the Related Parties, and/or the Settling Insurers from the Initial Twenty Trial. 4.3 The MPC and one or more of the Compromising Parties will take such actions as necessary to have the Court determine, rule, and order that any judgment or order rendered in the Initial Twenty Trial shall have no precedential or binding effect on the Compromising Parties, the Related Parties, and/or the Settling Insurers, so that none of the Compromising Parties, the Related Parties, and/or the Settling Insurers need participate in the Initial Twenty Trial in order to protect their interests. 4.4 The MPC and one or more of the Compromising Parties will jointly move the Court to enjoin and stay, during the pendency of the settlement proceedings contemplated by this Agreement, the Mississippi Action (including all discovery therein or related thereto and any and all Claims for Contribution, Indemnity, and/or Subrogation) insofar as affecting the Compromising Parties, the Related Parties and/or the Settling Insurers, such stay and injunction to remain effective during the pendency of such settlement proceedings unless modified by further order of the Court. 4.5 Within twenty (20) days after the exe...
Sample 1

Related to Stay Orders

  • Stop Orders The Company will advise the Subscribers, promptly after it receives notice of issuance by the Commission, any state securities commission or any other regulatory authority of any stop order or of any order preventing or suspending any offering of any securities of the Company, or of the suspension of the qualification of the Common Stock of the Company for offering or sale in any jurisdiction, or the initiation of any proceeding for any such purpose.

  • Court Orders ICANN will respect any order from a court of competent jurisdiction, including any orders from any jurisdiction where the consent or non-­‐objection of the government was a requirement for the delegation of the TLD. Notwithstanding any other provision of this Agreement, ICANN’s implementation of any such order will not be a breach of this Agreement

  • Compliance with Orders The Company is not in violation of any material judgment, decree, or order of any court, arbitrator or other governmental authority.

  • Pending Orders Upon termination of this Agreement, Micrus shall have the right, at its option, to continue or terminate any order pending as of the effective date of termination.

  • Stop Order The Company will advise the Agent, promptly after it receives notice or obtains knowledge thereof, of the issuance or threatened issuance by the Commission of any stop order suspending the effectiveness of the Registration Statement, of the suspension of the qualification of the Shares for offering or sale in any jurisdiction, or of the initiation or threatening of any proceeding for any such purpose, and it will promptly use its commercially reasonable efforts to prevent the issuance of any stop order or to obtain its withdrawal if such a stop order should be issued.

  • No Orders Neither Parent nor Merger Sub is subject to any order of any kind or nature that would prevent or materially delay the consummation of the Merger or the ability of Parent and Merger Sub to fully perform their respective covenants and obligations pursuant to this Agreement.

  • No Stop Orders No order preventing or suspending the sale of the Units in any jurisdiction designated by the Representative shall have been issued as of the Closing Date, and no proceedings for that purpose shall have been instituted or shall have been threatened.

  • Compliance with Court Orders In the event that any escrow property shall be attached, garnished or levied upon by any court order, or the delivery thereof shall be stayed or enjoined by an order of a court, or any order, judgment or decree shall be made or entered by any court order affecting the property deposited under this Agreement, the Escrow Agent is hereby expressly authorized, in its sole discretion, to obey and comply with all writs, orders or decrees so entered or issued, which it is advised by legal counsel of its own choosing is binding upon it, whether with or without jurisdiction, and in the event that the Escrow Agent obeys or complies with any such writ, order or decree it shall not be liable to any of the parties hereto or to any other person, entity, firm or corporation, by reason of such compliance notwithstanding such writ, order or decree be subsequently reversed, modified, annulled, set aside or vacated.

  • Compliance with Laws and Court Orders (a) The Company and each of its Subsidiaries is and, since January 1, 2005, has been in compliance with, and, to the Knowledge of the Company, is not under investigation with respect to and has not been threatened to be charged with or given notice of any violation of, any applicable Law or Order, except for failures to comply or violations that have not had and would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. The Company and its Subsidiaries hold all governmental licenses, authorizations, permits, consents, approvals, variances, exemptions and orders necessary for the operation of the businesses of the Company and its Subsidiaries, taken as a whole (the “Company Permits”), except where such failure has not had and would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. The Company and each of its Subsidiaries is in compliance with the terms of the Company Permits, except for failures to comply or violations that have not had and would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. (b) The Company and its Subsidiaries are in compliance in all material respects with all statutory and regulatory requirements under the Arms Export Control Act, the International Traffic in Arms Regulations, the Export Administration Regulations and associated executive orders, and the Laws implemented by the Office of Foreign Assets Controls, United States Department of the Treasury (collectively, and any successors or replacements thereof, the “Export Control Laws”). To the Knowledge of the Company, neither the Company nor any of its Subsidiaries has received any communication during the past 12 months that alleges that the Company or Subsidiary of the Company is not, or may not be, in compliance with, or has, or may have, any liability under, the Export Control Laws. (c) The Company and its Subsidiaries are in compliance with all legal requirements under (i) the Foreign Corrupt Practices Act and the Organization for Economic Cooperation and Development Convention Against Bribery of Foreign Public Officials in International Business Transactions and legislation implementing such convention and (ii) international anti-bribery conventions (other than the convention described in clause (i)) and local anti corruption and bribery Laws, in each case, in jurisdictions in which the Company and the Company Subsidiaries are operating (collectively, the “Anti-Bribery Laws”). To the Knowledge of the Company, neither the Company nor any of its Subsidiaries has received any communication that alleges that the Company, a Subsidiary of the Company or any of their directors, officers, agents or employees is, or may be, in violation of, or has, or may have, any liability under, the Anti-Bribery Laws.

  • Orders Contractor must be able to accept the State of Florida Purchasing Card and MyFloridaMarketPlace (MFMP) purchase orders.

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