Common use of Stay Pending Court Approval Clause in Contracts

Stay Pending Court Approval. Class Counsel and Xxxxxxxx’s counsel agree to stay all proceedings in the Litigation, other than those proceedings necessary to carry out or enforce the terms and conditions of the Settlement, until the Effective Date of the Settlement has occurred. If, despite the Parties’ best efforts, this Agreement should fail to become effective, the Parties will return to their prior positions in the Litigation, in accordance with Section 16.12 of this Agreement. The Parties also agree to use their best efforts to seek the stay and dismissal of, and to oppose entry of any interim or final relief in favor of any Class Member in, any other proceedings against any of the Released Persons, which challenges the Settlement or otherwise asserts or involves, directly or indirectly, a Released Claim.

Stay Pending Court Approval. Class Counsel and Xxxxxxxx’s Defendants’ counsel agree to stay all proceedings in the Litigationproceedings, other than those proceedings necessary to carry out or enforce the terms and conditions of the Settlement, until the Effective Date of the Settlement has occurred. If, despite the Parties’ best efforts, this Agreement should fail to become effective, the Parties will return to their prior positions in the LitigationAction, in accordance with Section 16.12 7.5 of this Agreement. The Parties also agree to use their best efforts to seek the stay and dismissal of, and to oppose entry of any interim or final relief in favor of any Settlement Class Member in, any other proceedings against any of the Released Persons, which challenges Parties that challenge the Settlement or otherwise asserts assert or involvesinvolve, directly or indirectly, a Released Claim.

Stay Pending Court Approval. Class Counsel and XxxxxxxxDefendant’s counsel Counsel agree to stay all proceedings in the LitigationAction, other than those proceedings necessary to carry out or enforce the terms and conditions of the Settlement, until the Effective Date of the Settlement has occurred. If, despite the Parties’ best efforts, this Agreement should fail to become effective, the Parties will return to their prior positions in the LitigationAction, in accordance with Section 16.12 III of this Agreement. The Parties also agree to use their best efforts to seek the stay and dismissal of, and to oppose entry of any interim or final relief in favor of any Settlement Class Member in, any other proceedings against any of the Released Persons, Parties which challenges the Settlement or otherwise asserts or involves, directly or indirectly, a Released Claim.

Stay Pending Court Approval. Class Counsel and XxxxxxxxDirect Energy’s counsel Counsel agree to stay all proceedings in the LitigationXxxxxxx Action, other than those proceedings necessary to carry out or enforce the terms and conditions of the Settlement, until the Effective Date of the Settlement has occurred. If, despite the Parties’ best efforts, this Agreement should fail to become effective, the Parties will return to their prior positions in the LitigationXxxxxxx Action, in accordance with Section 16.12 XV of this Agreement. The Parties also agree to use their best efforts to seek the stay and dismissal of, and to oppose entry of any interim or final relief in favor of any Class Member in, any other proceedings against any of the Released Persons, Parties which challenges the Settlement or otherwise asserts or involves, directly or indirectly, a Released Claim.