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.
Appears in 2 contracts
Sources: Settlement Agreement, Settlement Agreement (Reliant Energy Inc)