Examples of Individual Settlement Agreement in a sentence
Within twenty-one (21) days after Preliminary Approval, the Parties shall file a joint motion with the Approving Court for a determination that the Class Settlement Agreement and Individual Settlement Agreement, including the Aggregate Settlement Amount, were made in good faith under the provisions of Section 663-15.5, Hawaiʻi Revised Statutes.
A failure by any Defendant to make any payment required by the Class Settlement Agreement or Individual Settlement Agreement, including any part of its Initial Defendant Payment, shall not affect the validity or enforceability of the Releases as to any Defendant or Releasee, including the defaulting Defendant.
In the event that the Approving Court either denies approval or conditions approval on changes to the Individual Settlement Agreement and Release, and any such changes would be inconsistent with this Individual Settlement Agreement, then Defendants and Liaison Counsel shall negotiate in good faith to modify the Individual Settlement Agreement and the Individual Settlement Agreement and Release in a manner that resolves the issues identified by the Approving Court.
No Releasor shall recover, or be entitled to seek to recover, directly or indirectly, any sums from any Releasee other than the consideration received under the terms of this Individual Settlement Agreement.
Any Class Nine Claims (in addition to the Class Nine Claim scheduled by Technologies) shall be filed no later than 60 days after the Effective Date or shall forever be barred from recovery against the Debtors, the Reorganized Debtors, Holdco or NSC, any property of the Debtors, the Reorganized Debtors, Holdco or NSC, or any distributions under this Plan.
Moreover, Individual Plaintiffs shall agree to indemnify and hold Defendants and Releasees harmless if any governmental taxing authority asserts against any Defendant or other Releasee any claim for unpaid taxes, failure to withhold taxes, penalties, or interest based upon any payment made in connection with this Individual Settlement Agreement.
This Individual Settlement Agreement encompasses and includes claims for the FEMA-eligible work and financial assistance to the County provided by FEMA related to the Maui Fires.
Except as expressly stated in this Individual Settlement Agreement, Defendants shall not have any responsibility, authority, or liability for the selection of the Individual Settlement Administrator, the administration of the Individual Settlement Agreement or the Individual Settlement Plan, receiving and responding to any inquiries from Individual Plaintiffs, or disbursement of funds to Individual Plaintiffs.
The Individual Settlement Agreement and Release shall require that Individual Plaintiffs, on behalf of their respective Individual Plaintiff Releasors, acknowledge that they may learn additional facts relating to the Releasees’ actions or omissions regarding the Released Claims.
The Individual Settlement Agreement and Releases shall require that all claims asserted in any court by any Individual Plaintiff Releasor against any Releasee arising out of the Maui Fires must be dismissed with prejudice within ten (10) days after the Initial Payment Due Date.