Common use of What is the Effective Date of this Settlement Clause in Contracts

What is the Effective Date of this Settlement. The Effective Date of this Settlement is the date when the Settlement becomes final, which is sixty-one (61) days after the date when the Final Order and Judgment in this Lawsuit is entered, unless there is an appeal. If there is an appeal, the Effective Date will be the date on which (a) all such appeals have been dismissed; or (b) the appropriate Court of Appeals has entered a final judgment affirming the Final Order and Judgment of the Court, which (i) is no longer subject to any further appellate challenge, or (ii) has been affirmed by the United States Supreme Court, whichever is earlier. For more information regarding final approval of the Settlement, see Questions 20 and 21.

Appears in 5 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

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