Settlement Effective Date Sample Clauses

Settlement Effective Date. The effective date of this Agreement (the “Settlement Effective Date”) shall be the date on which each of the following conditions to the effectiveness of the settlement set forth herein has been satisfied:
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Settlement Effective Date. “Settlement Effective Date” shall be the date after the day upon which the Settlement has been finally approved by the Court and: (a) any appeals of the Final Approval Order have been resolved with no further rights to appeal; or (b) the time for any appeals from these orders have expired with no appeals having been taken. In the case of no appeal, the Settlement Effective Date will be thirty-one (31) days after the Final Approval Order.
Settlement Effective Date. The “Settlement Effective Date” shall occur on the date, following the Execution Date, that the Required Approval with respect to FERC (as defined in Section 10.1) has been entered, issued, or otherwise obtained and is in full force and effect and not then stayed, notwithstanding that a request for stay, rehearing, or appeal may then be pending. The Settlement Effective Date is not dependent on the occurrence of the Class Action Effective Date.
Settlement Effective Date. This Settlement shall become effective upon signature by all Parties. This Settlement may be modified pending the FERC’s review. If the FERC issues final orders acknowledging the Settlement with modifications or conditions, this Settlement shall be considered modified to conform to the terms of those orders unless at least one Party indicates to the other Parties in writing within 30 days after the issuance of such orders its objection to the modification, change or condition. The Parties shall then commence negotiations for a period of up to 90 days to resolve the issue(s) and modify the Settlement as needed. If agreement cannot be reached at the end of the ninety (90) day period, the objecting Party may withdraw from the Settlement by notifying the other Parties in writing within 10 days. If any one of the Parties withdraws, this Settlement shall cease to have any force or effect. If this Settlement is modified to conform to the terms of the FERC orders, as discussed above, it shall be considered officially modified on the latest of the following events: the date when all of the rehearing requests on those orders have been denied; if rehearing is not applied for, the date on which the right to seek rehearing expires; the date upon which all of the Parties agree to the modification of the Settlement. The above shall not preclude a Party from seeking rehearing on the modifications or conditions pursuant to 18 C.F.R 385.713 within the prescribed time limits. However, a Party need not seek rehearing prior to withdrawing from this Settlement. The Request for rehearing shall be withdrawn if the Parties subsequently reach agreement on modifying the Settlement. The terms of this Settlement shall continue in effect, subject to the FERC’s reserved authority under the license to require modifications until the effective date of any FERC order approving surrender of a project under 18 C.F.R. 6.1. For the purposes of this section, the phase that the FERC issues final orders accepting the Settlement with modifications or conditions includes, but is not limited to, the situation where the FERC issues final orders that do not include all of the conditions of this Settlement because the FERC has determined it lacks jurisdiction over those issues.
Settlement Effective Date. The “Settlement Effective Date” shall occur on the latest of the dates that the Required Approvals (as defined in Section 10.1) have been entered, issued, or otherwise obtained and are in full force and effect and not then stayed, notwithstanding that a request for stay, rehearing, or appeal may then be pending.
Settlement Effective Date. (a) The Settlement shall become effective, consummated, and binding upon the Parties upon the first date (the “Settlement Effective Date”) that the following conditions have been satisfied (each, a “Condition Precedent”): (i)
Settlement Effective Date. This Agreement shall become effective and binding on the Parties on the date on which this Agreement is fully executed by each of the Parties. The Settlement set forth in this agreement (including but not limited to the required payment of the Settlement Amount, the delivery of the Waiver as set forth herein, the GUC Waiver Provision, and to the extent provided in section 2.4(e) hereof, the Adjustment Shares Waiver Provision) shall become effective on the date that the Settlement Order becomes a Final Order (the “Settlement Effective Date”), provided, however, that from and after the date the Settlement Order is entered by the Bankruptcy Court, the GUC Trust may waive the requirement that the Settlement Order be a Final Order.
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Settlement Effective Date following the last of the following occurrences:
Settlement Effective Date. A. This Settlement shall become effective on the Settlement Effective Date. The “Settlement Effective Date” of this Settlement shall be the first (1st) day of the first (1st) calendar month following the date 2 15 U.S.C. § 717c (2018). 3 18 C.F.R. Part 154 (2020). 4 Maritimes & Northeast Pipeline, L.L.C., 171 FERC ¶ 61,261 (2020). 5 The Participants met for settlement conferences on July 29, October 14, October 29, November 2, November 9, November 13, November 23, November 30, and December 3, 2020. on which a Commission order approving the Settlement becomes an Acceptable Order.
Settlement Effective Date. A. This Settlement shall become effective on the Settlement Effective Date. The “
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