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Final Approval of the Settlement definition

Final Approval of the SettlementÌýmeans that the Court of Chancery has entered the Judgment, substantially in the form attached hereto as Exhibit C, and such Judgment has become Final.
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Final Approval of the SettlementÌýmeans the entry of an Order and Final Judgment approving this Agreement and the Settlement pursuant to Rule 23(e) of the Federal Rules of Civil Procedure and the full, final, and favorable determination of any appeals, petitions, motions for reconsideration, or any other proceedings for review or, if no such review proceedings are taken, the expiration of the applicable time to appeal or seek review from such order.
Source 1Source 2
Final Approval of the SettlementÌýmeans satisfaction of the conditions that: (a) the Court has entered the Order and Final Judgment, including

Examples of Final Approval of the Settlement in a sentence

  • It is possible the Court will decline to grant Final Approval of the Settlement or decline enter a Judgment.

  • At the Hearing, the judge will decide whether to grant Final Approval of the Settlement and how much of the Gross Settlement will be paid to Class Counsel, Plaintiff, and the Administrator.

  • It is possible the Court will decline to grant Final Approval of the Settlement or decline to enter a Judgment.

  • At the Hearing, the judge will decide whether to grant Final Approval of the Settlement and how much of the Gross Settlement will be paid to Class Counsel, Plaintiffs, and the Administrator.

  • Upon Final Approval of the Settlement, the Parties shall present to the Court a proposed Final Approval Order, approving the Settlement and entering Judgment in accordance therewith.

  • Further, any actions brought by Settlement Class Members concerning the Released Claims are hereby enjoined and stayed pending Final Approval of the Settlement Agreement.

  • If the Court does not grant Final Approval of the Settlement, or if the Court’s Final Approval of the Settlement is reversed or materially modified on appellate review, then this Settlement will become null and void.

  • The Parties will cooperate in good faith and use their best efforts to seek the Court’s Preliminary Approval and Final Approval of the Settlement Agreement.

  • At the hearing, the judge will decide whether to grant Final Approval of the Settlement and how much of the Gross Settlement will be paid to the LWDA, Class Counsel, the Class Representative(s), and the Administrator.

  • If the Court grants Final Approval of the Settlement and you do not request to be excluded from the Settlement, you will release your right to bring any claim covered by the Settlement.


More Definitions of Final Approval of the Settlement

Final Approval of the SettlementÌýmeans that the Delaware Court has entered a final order and judgment certifying the Class, approving the Settlement, dismissing the Delaware Actions with prejudice on the merits (and with Plaintiffs and their counsel agreeing not to pursue fees or costs against Defendants other than pursuant to paragraphs 2, 6, and 8 below) and providing for such release language as set forth in paragraphs 6(e)(i)-(iii) below; and that such final order and judgment is final and no longer subject to further appeal or review, whether by affirmance on or exhaustion of any possible appeal or review, writ of certiorari, lapse of time or otherwise. The parties also agree to use their best efforts to prevent, stay or seek dismissal of or oppose entry of any interim or final relief in favor of any member of the Class in any other litigation against any of the parties to this MOU which challenges the Settlement, the Merger, including any transactions contemplated thereby, or otherwise involves, directly or indirectly, a Released Claim (defined below).
Final Approval of the SettlementÌýmeans that the Delaware Court has entered a final order and judgment certifying the Class, approving the Settlement, dismissing the Action with prejudice on the merits and with each party to bear its own costs (except those costs set forth in paragraph 4(h) below) and providing for such release language as set forth in paragraphs 4(g)(i)-(iii) below, and that such final order and judgment is final and no longer subject to further appeal or review, whether by affirmance on or exhaustion of any possible appeal or review, writ of certiorari, lapse of time or otherwise; provided, however, and notwithstanding any provision to the contrary in this MOU, Final Approval shall not include (and the Settlement is expressly not conditioned on) the approval of attorneysâ€� fees and the reimbursement of expenses to Co-Lead Counsel as provided in paragraph (h) below, and any appeal related thereto. The parties also agree to use their best efforts to prevent, stay or seek dismissal of or oppose entry of any interim or final relief in favor of any member of the Class in any other litigation against any of the parties to this MOU which challenges the Settlement, the Merger, including any transactions contemplated thereby, or otherwise involves, directly or indirectly, a Released Claim (defined below).
Source 1
Final Approval of the SettlementÌýmeans that the Court has entered a final order and judgment certifying the Class for settlement purposes, approving the Settlement, dismissing the Action with prejudice on the merits (and with each party to bear its own costs other than pursuant to paragraph 11), and providing for such release language as set forth in paragraphs 8(d) and 8(e) and enjoining all members of the Class from prosecuting or continuing any Settled Claim against any Released Person (as defined below); and that such final order and judgment is final and no longer subject to further appeal or review, whether by affirmance on or exhaustion of any possible appeal or review, by writ of certiorari or otherwise, or by lapse of time or otherwise. The Parties also agree to use their best efforts to prevent, stay, or seek dismissal of, or oppose entry of any interim or final relief in favor of any member of the Class in, any other litigation against any of the Parties that challenges the Settlement or the Proposed Transaction, including any transactions contemplated thereby, or involves, directly or indirectly, a Settled Claim. The Parties further agree that the Settlement is conditioned upon the dismissal with prejudice of the Federal Action and the grant of releases including language substantially in the form set forth in paragraph 8(d) below by the plaintiff in that Federal Action in favor of the Defendants.
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Related to Final Approval of the Settlement

  • Final Approval means the Court’s order granting final approval of the Settlement.

  • Final Approval Hearing means the hearing before the Court where the Parties will request the Final Judgment to be entered by the Court approving the Settlement Agreement, the Fee Award, and the incentive award to the Class Representative.

  • Final Approval Order means the proposed Order Granting Final Approval to the Settlement, to be entered by the Court with terms to be agreed upon by the Parties and consistent with this Agreement.

  • Final Approval Date means the date on which the Final Approval Order is entered in this matter.

  • CFIUS Approval means that any of the following shall have occurred: (a) the review period under the DPA commencing on the date that a CFIUS Notice is accepted by CFIUS shall have expired and Xxx, on the one hand, and Polaris, on the other hand, shall have received written notice from CFIUS to the effect that such review has been concluded and that either the Contemplated Transactions do not constitute a “covered transactionâ€� under the DPA or there are no unresolved national security concerns, and all action under the DPA is concluded with respect to the Contemplated Transactions, (b) an investigation under the DPA shall have been commenced after such review period and CFIUS shall have determined to conclude all action under the DPA without sending a report to the President of the United States, and Xxx, on the one hand, and Polaris, on the other hand, shall have received written notice from CFIUS that either the Contemplated Transactions do not constitute a “covered transactionâ€� under the DPA or there are no unresolved national security concerns, and all action under the DPA is concluded with respect to the Contemplated Transactions, or (c) CFIUS shall have sent a report to the President of the United States requesting the President’s decision and either (i) the President shall have announced a decision not to take any action to suspend or prohibit the Contemplated Transactions or, (ii) the period under the DPA during which the President may announce his decision to take action to suspend, prohibit or place any limitations on the Contemplated Transactions shall have expired without any such action being threatened, announced or taken.