District Court approval definition

District Court approval means the consent of the District Court having jurisdiction over the fiduciary, with notice of the request for approval being given to all current beneficiaries and all reasonably ascertainable remainder beneficiaries in the oldest generation;

District Court approval means the entry of the Judgment.

District Court approval means the consent of:

Examples of District Court approval in a sentence

• Solely for purposes of this settlement, and subject to District Court approval, the Parties agree that this Court has jurisdiction over the parties and the subject matter of this Action and that venue is proper in this District.

• The Parties also agree, solely for purposes of this settlement and subject to District Court approval, that the Complaint asserts Claims which, if proven, would authorize the Court to grant the equitable and monetary relief set forth in this Decree.

• The Special Master (with District Court approval) will review and, applying customary standards of reasonableness, approve all requests for payment of defense costs or the Manager’s budget relating to the administrative costs, including defense costs, of the Litigation Facility.

• Prior to the establishment and District Court approval of the Escrow Budget, all disbursements shall be made as directed in a specific Escrow Account Trustee Direction delivered to the Trustee by the Claims Administrator.

• The Stipulation is subject to customary conditions, including District Court approval.

• Subject to District Court approval, Class Action Counsel and the NYOAG shall jointly select the Special Master and its team, and the Defendants shall have approval authority of the selected Special Master and its team, which approval shall not be unreasonably withheld.

• Conditioned upon District Court approval of the settlement, the occurrence of the effective date of a section 524(g) plan of reorganization of the Debtors’ estates, the confirmation order of such a plan becoming a Final Order and TIG having obtained the benefit of an injunction pursuant to section 524(g) of the Bankruptcy Code, pursuant to the Debtors’ $4,849,800 settlement and buyback agreement with TIG, the proceeds of the settlement will be contributed to the Plan Trust.

• Upon the occurrence of the Plan Effective Date, the Second Lien Agent and the Supporting Second Lien Agent shall, subject to District Court approval (to the extent required), do all things necessary to cause the Second Lien Lender Litigation to be withdrawn with prejudice and/or grant the Second Lien Lender Litigation Release.

• Conditioned upon District Court approval of the settlement, the occurrence of the effective date of a section 524(g) plan of reorganization of the Debtors’ estates, the confirmation order of such a plan becoming a Final Order and Travelers having obtained the benefit of an injunction pursuant to section 524(g) of the Bankruptcy Code, pursuant to the Debtors’ $25 million settlement and buyback agreement with Travelers, as amended, the proceeds of the settlement will be contributed to the Plan Trust.

• Conditioned upon District Court approval of the settlement, the occurrence of the effective date of a section 524(g) plan of reorganization of the Debtors’ estates, the confirmation order of such a plan becoming a Final Order and Seaton having obtained the benefit of an injunction pursuant to section 524(g) of the Bankruptcy Code, pursuant to the Debtors’ $2,075,000 settlement and buyback agreement with Seaton, the proceeds of the settlement will be contributed to the Plan Trust.

More Definitions of District Court approval

District Court approval means the entry of the Judgment by the Court.

District Court approval means the entry by the Court of an Order approving the Eleventh Amendment, as described in Section III.A.3.