Examples of Settlement Term Sheet in a sentence
Notwithstanding the foregoing, this Settlement Agreement, the Settlement Term Sheet and any acts performed and/or documents executed in furtherance of or pursuant to this Settlement Agreement or the Settlement Term Sheet may be used in any proceedings as may be necessary to effectuate the provisions of this Settlement Agreement.
As part of the Settlement, consistent with the Settlement Term Sheet, and prior to moving for preliminary approval of the Settlement, Named Plaintiff agrees to file with the Court a document, as described herein, providing for Islestarr’s conditional dismissal from the Action.
Unless as otherwise agreed to with respect to the Notice Program, Class Counsel shall not issue any formal press release directed to the news media concerning this Settlement Agreement, the Settlement Term Sheet or the settlement contained herein.
In such event, any Final Approval Judgment or other order entered by the Court in accordance with the terms of this Agreement shall be treated as vacated, nunc pro tunc, and the Parties shall be returned to the status quo ante with respect to the Action as if this Agreement and the Settlement Term Sheet had never been entered into.
If this Agreement is terminated or fails to become effective, then the Parties shall be restored to their respective positions in the Action as of the moment just prior to the signing of this Agreement, and the Settlement Term Sheet entered into between CTBI and the Named Plaintiff shall be canceled, null and void.