Examples of Bar Order and Judgment in a sentence
Plaintiffs believe that the Bar Order and Judgment and Bar Order should be approved because they are in the collective best interest of all Stanford Investors.
No Party shall challenge or oppose the approval of the Settlement or this Agreement or the entry of the TIP Order or the Bar Order and Judgment, and no Party shall encourage or assist any Person in challenging or opposing the approval of the Settlement or this Agreement or the entry of the TIP Order or the Bar Order and Judgment.
The releases set forth in paragraphs 61-64 of the Agreement (together, the “Release”), and the definitions in the Agreement of Settled Claims, Plaintiffs Release Parties, and Kroll Released Parties, are expressly incorporated in this Bar Order and Judgment in all respects.
If the Parties agree to any amendments or modifications of the Agreement that (i) are not materially inconsistent with this Bar Order and Judgment and (ii) do not materially limit the rights of Claimants under the Agreement, then the Parties are hereby authorized to agree to and adopt any such amendments or modifications without further order from the Court.
This Bar Order and Judgment incorporates by reference the Agreement, including the definitions in the Agreement and the Exhibits to the Agreement.
To the extent any Person is barred, enjoined, or restrained by paragraph 10 of this Bar Order and Judgment, such Person (the “Non-Settlor”) shall be entitled to the reduction of any verdict, judgment, or award against it on a claim concerning Stanford, in any Forum, to the extent that such Forum finds that the Non-Settlor and the Kroll Released Parties were joint tortfeasors respecting such claim.
All definitions in this Bar Order and Judgment are consistent with the definitions set forth in the Agreement.
The Court may approve the Agreement and the Settlement, and enter the Bar Order and Judgment, at any time at or after the Hearing, with such modifications as may be consented to by the Parties and without further notice.
The Release is effective as of the Effective Date and all Settled Claims released by the Release are hereby compromised, settled, released, relinquished, discharged, and dismissed on the merits and with prejudice by virtue of the proceedings herein and this Bar Order and Judgment upon the Effective Date.
Nothing in this Bar Order and Judgment shall preclude any action to enforce the terms of the Agreement, the Settlement, or the Bar Order and Judgment, or any actions or claims, including but not limited to the Settled Claims, that Kroll may have against any Kroll Released Party, including but not limited to its insurers, reinsurers, employees and agents.