Settlement Approval Order definition
Examples of Settlement Approval Order in a sentence
Upon final approval of the Agreement by the Court at or after the Final Settlement Hearing, the Parties shall seek and obtain from the Court the Final Settlement Approval Order and Judgment.
The Settlement Approval Order shall provide for and effect the full and final release, by Plaintiff and all Settlement Class Members, of all Released Claims.
By executing this Agreement, the Parties acknowledge that, upon entry of the Settlement Approval Order by the Court, the Lawsuit shall be dismissed with prejudice, and all Released Claims shall thereby be conclusively settled, compromised, satisfied, and released as to all of the Releasees.
However, the Parties may share the Settlement Approval Order Notice in connection with any unsolicited media request.
At Plaintiff’s option, expressed in written notice to Defendant’s counsel, this Agreement shall become null and void, and no obligation on the part of any of the Parties will accrue, if the Court materially alters any of the terms of this Agreement to the detriment of Plaintiff or the Settlement Class, or fails to enter the Certification and Notice Approval Order or the Settlement Approval Order in substantially the form submitted by the Parties.