The Settlement Agreement Sample Clauses
The Settlement Agreement clause defines the terms under which parties resolve their disputes and agree to settle claims outside of court. Typically, this clause outlines the obligations of each party, the payment of any agreed sums, and the release of further liability related to the dispute. By clearly documenting the resolution and mutual commitments, the clause ensures that both parties understand their rights and responsibilities, thereby preventing future litigation over the same issues and providing finality to the dispute.
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The Settlement Agreement. On November , 2016, the Parties 13 entered into a settlement agreement resolving all of the issues in the Lawsuits and related 14 issues in connection with the SR 241 Extension Project (“Settlement Agreement”). A 15 true and correct copy of the Settlement Agreement is attached to, and incorporated by 16 reference into, the [Proposed] Judgment Confirming and Implementing Settlement (“Final 17 Judgment”), attached hereto as Attachment A. The Parties desire to have the Settlement 18 Agreement incorporated into a judgment to give the settlement binding effect within the 19 litigation, with the Court to exercise continuing jurisdiction under Code of Civil 20 Procedure § 664.6 to ensure that the terms of the settlement are carried out.
The Settlement Agreement as the conclusion of mediation
The Settlement Agreement. 6.1. Where Settlement is reached and has been approved by the Board of the Commission, the terms of the Settlement will be formalised in a signed Settlement Agreement (“Agreement”).
6.2. The Agreement will set out :
a) the relevant facts pertaining to the case;
b) the wrongdoing and/ or non-compliance admitted by the licensee;
c) the acceptance of responsibility for the wrongdoing and/or non- compliance;
d) the nature, quantum and/or duration of any agreed sanction and/or any remedial steps which the licensee has agreed to take (as the case may be);
e) that the licensee has read and understood the Agreement and by signing the Agreement, the licensee agrees to be bound by the terms of the Agreement;
f) that the licensee has signed the Agreement voluntarily and without duress or coercion;
g) that the licensee waives his right to appeal and contest any term of the Agreement; and
h) that the licensee certifies as to the completeness and accuracy of information that the licensee has provided to the Commission in connection with the matter. Further, that the licensee acknowledges that the Commission has relied upon, among other things, the completeness of the information provided by the licensee.
6.3. The outcome reached following Settlement discussions will form part of the regulatory history of the licensee and may be taken into account in any subsequent regulatory decisions3 that are made concerning the licensee.
6.4. A decision reached following Settlement discussions will not be regarded as a binding precedent for other matters that are being considered for Settlement. However such outcomes may be treated as persuasive.
The Settlement Agreement. The Owner, the City, the District and certain other community facilities districts of the City entered into that certain Settlement Agreement (the “Settlement Agreement”) dated February 7, 2017, which is incorporated herein by this reference. This Acquisition Agreement is intended to, among other things, implement the terms of Sections 4 and 5 of the Settlement Agreement. Under the Settlement Agreement, the Owner and the City are to enter into this Acquisition Agreement and similar acquisition agreements with respect to the Improvement Area, the City’s Community Facilities District No. 2016-2, the City’s Community Facilities District No. 2016-3 and Improvement Areas 8E and 17D of the District (the “Other Acquisition Agreements”) in order to, among other things, provide the terms pursuant to which the Owner is to design and construct certain DIF Improvements (defined below) or advance funds to the City to design and construct other DIF Improvements. The amount of the advances and expenditures for DIF Improvements shall be reimbursed to the Owner from the proceeds of special taxes and bonds of the Improvement Area as specifically provided for in this Acquisition Agreement. Under the Settlement Agreement, the Owner has the right to receive a credit against DIFs for its design and construction of identified DIF Improvements.
The Settlement Agreement. 3.1 contemplates the establishment of a local economic development trust (the "Trust"), which is entitled to certain benefits under the Settlement Agreement;
3.2 grants certain stipulatio a▇▇▇▇▇ (the "Stipulations") in favour of the Trust, which may be accepted by the Trust upon the establishment thereof.
The Settlement Agreement. Is Reasonable in Light of the Record as a Whole
The Settlement Agreement. If you would like to obtain a complete copy of the Settlement Agreement and the exhibits, you may review them at ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/▇▇▇▇▇▇▇▇▇▇ documents.
The Settlement Agreement. The parties entered into the Settlement Agreement on or about August 1, 1988, which resolved the pending prior actions.
The Settlement Agreement. In exchange for a full release of any claims they may have against Defendant related to the Data Incident, Plaintiffs shall be eligible to apply for various benefits, which will be administered by the Claims Administrator (identified below). First, all Class Members may submit claims for documented out-of-pocket expenses related to the Data Incident up to a cap of $425 per Class Member. Settlement Agreement, ¶ 2.
1.1. These expenses include ordinary costs such as unreimbursed bank fees, postages charges, credit monitoring expenses, and travel expenses. Id. Second, Class Members may seek reimbursement for time they spent responding to the Data Incident, including time spent reviewing their financial and credit statements to identify fraudulent activity. Under this category of benefits, Plaintiffs may claim up to four hours of lost time at an hourly rate of $16.65. Id. ¶ 2.1.2. Third, if Class Members have extraordinary expenses that are documented, unreimbursed, and related to the Data Incident, they may claim reimbursement for such expenses up to $5,000 per Class Member. Id. ¶
The Settlement Agreement. The last sentence of Section 3 of the Settlement Agreement is stricken in its entirety and replaced with the following: "TO THE EXTENT THE ACCOUNTS TO BE COLLECTED PURSUANT TO THIS SECTION 3 ARE NOT COLLECTED IN FULL BY OCTOBER 10, 2003, TELENETICS SHALL HAVE NO FURTHER OBLIGATION TO CORLUND - TUSTIN WITH RESPECT TO SUCH ACCOUNTS."