Common Contracts
1 similar Compromise and Settlement Agreement contracts
COMPROMISE AND SETTLEMENT AGREEMENTCompromise and Settlement Agreement • November 24th, 2009 • Pennsylvania
This Compromise and Settlement Agreement (“Settlement Agreement”) is made and entered into between Reorganized Adelphia Communications Corporation (“ACC”) and its affiliated reorganized debtors identified in the First Amended Complaint in the Adversary Action (defined below) (collectively with ACC, the “Debtors”) and the Adelphia Recovery Trust (“Trust” and, collectively with the Debtors, the “Adelphia Parties”), on the one hand, and Motorola, Inc., General Instrument Corporation, d/b/a Broadband Communications Sector Of Motorola, Inc. and d/b/a Motorola Broadband Communications Sector, Synchronous, Inc., and General Instrument Authorization Services, Inc. (collectively “Motorola”), on the other hand (the Debtors, Trust, and Motorola each a “Party” and collectively, the “Parties”). Upon full execution by the Parties (“Agreement Date”), this Settlement Agreement shall be binding upon and inure to the benefit of the Parties and their assigns and successors in interest, subject to approva
