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.
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.
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.
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 Navigators having obtained the benefit of an injunction pursuant to section 524(g) of the Bankruptcy Code, pursuant to the Debtors’ $400,000 settlement and buyback agreement with Navigators, the proceeds of the settlement will be contributed to the Plan Trust.
District Court approval shall not be required for disbursements or distribution of Administrative Expenses for amounts (in the aggregate) of less than $250,000.
Subject to District Court approval, Class Representatives, on behalf of themselves and the Settlement Class, have agreed to settle in exchange for settlement payments totaling US$3 billion (US$3,000,000,000.00) in cash (the “Combined Settlement Amount”) to be deposited into two escrow accounts.
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 NJPLIGA and NJSLIGF having obtained the benefit of an injunction pursuant to section 524(g) of the Bankruptcy Code, pursuant to the Debtors’ $13 million settlement agreement with NJPLIGA and NJSLIGF, the proceeds of the settlement will be contributed to the Plan Trust.
District Court approval of an attorneys’ fee and/or costs in an amount less than the amount requested by Class Counsel—or the District Court’s disallowance of any award of fees or expenses—shall not negate any other provisions of this Settlement Agreement, which shall remain fully effective and enforceable.