Common use of Effect of Failure to Grant Final Approval Clause in Contracts

Effect of Failure to Grant Final Approval. In the event the Court does not enter Judgment in accordance with this Settlement Agreement, or the Settlement Agreement does not receive Final Approval as defined herein, the Parties will proceed as follows:

Appears in 1 contract

Samples: Agreement

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Effect of Failure to Grant Final Approval. In the event the Court fails to enter the Final Approval Order or if such approval does not enter Judgment in accordance with this Settlement Agreement, or the Settlement Agreement does not receive Final Approval become final as defined contemplated herein, the Parties will proceed as followsshall resume the Litigation unless the Parties jointly agree to: (1) seek reconsideration or appellate review of the decision denying Final Approval of the Settlement; or (2) attempt to renegotiate the settlement and seek Court approval of the renegotiated settlement. In the event that any reconsideration or appellate review is denied, or a mutually agreed-upon settlement is not approved:

Appears in 1 contract

Samples: Joint Stipulation of Settlement and Release

Effect of Failure to Grant Final Approval. In the event the Court does not enter Judgment in accordance with this Settlement Agreement, or the Settlement Agreement such Judgment does not receive become Final Approval as defined herein, the Parties will agree to proceed as follows. The Parties jointly agree to (a) seek reconsideration of the decision denying entry of Judgment, or (b) attempt to renegotiate the settlement and seek Court approval of the renegotiated settlement. In the event any reconsideration is denied, or a mutually-agreed-upon settlement is not approved:

Appears in 1 contract

Samples: Final Settlement Agreement and Release

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Effect of Failure to Grant Final Approval. In the event the Court does not enter Judgment in accordance grant final approval for the parties’ settlement agreement and dismiss the Class and Collective Litigation with this Settlement Agreement, or the Settlement Agreement does not receive Final Approval as defined hereinprejudice, the Parties will agree to proceed as follows. The Parties jointly agree to (a) seek reconsideration of the decision denying entry of Judgment, or (b) attempt to renegotiate a mutually agreeable settlement to address the issues raised by the Court and seek Court approval of the renegotiated settlement. In the event any reconsideration is denied, or a mutually-agreed-upon settlement is not approved:

Appears in 1 contract

Samples: www.froedtertwageandhoursettlement.com

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