Bar Orders definition
Examples of Bar Orders in a sentence
In the event a third party or any Person other than a Party at any time challenges any term of this Agreement or the Settlement, including the Bar Order and the Judgments and Bar Orders, the Parties agree to cooperate with each other, including using reasonable efforts to make documents or personnel available as needed to defend any such challenge.
Before the Court is the Expedited Request for Entry of Scheduling Order and Motion to Approve Proposed Settlement with Certain Underwriters at Lloyd’s of London, Arch Specialty Insurance Company, and Lexington Insurance Company (collectively “Underwriters”), to Enter the Bar Order, to Enter the Final Judgments and Bar Orders, and for Attorneys’ Fees (the “Motion”) filed by ▇▇▇▇▇ ▇.
Notwithstanding any other provision of this Agreement, the Parties may consent, but are not obligated to consent, to substantive changes made by the Court to the Scheduling Order, the Notice, the Bar Order, the Coverage Action Judgment and Bar Order, the Third-Party Coverage Action Judgments and Bar Orders, or other filings.
In the event a third party or any Person other than a Party at any time challenges any term of this Agreement, including the Bar Order in the SEC Action and the Judgment and Bar Orders in the Coverage Action and the Third-Party Coverage Actions, the Parties agree to cooperate with each other, including using reasonable efforts to make documents or personnel available as needed to defend any such challenge.
For the avoidance of doubt, the motions for entry of the Orders of Voluntary Dismissal and Bar Orders are not intended to dismiss any claims by Plaintiff against any Non-Settling Defendants, and, more specifically, are not intended to dismiss any claims by Plaintiff in the Related Actions, including with respect to any of the Covered Securities.
If no Plaintiff exercises such right to withdraw within the time period for doing so, then the Settlement and Agreement shall remain in place and will be construed as if Winter were not, and was never intended to be, a Party to the Agreement, and in such event, the Bar Order and Final Judgments and Bar Orders may be modified by the Court to the extent necessary to reflect that Winter is not a Party to the Settlement or Agreement.
Notwithstanding any other provision of this Agreement, the Parties may consent, but are not obligated to consent, to changes made by the Court to the Scheduling Order, the Notice, the Bar Order, the Judgment and Bar Orders, or other filings.
If the Settlement is approved by the Court, the Court will enter a Final Bar Order in the SEC Action and the Final Judgments and Bar Orders in the Janvey Litigation and the Casanova Litigation.
At the Preliminary Approval Hearing, none of the Settling Parties shall argue or seek any orders relating to the Bar Orders or Interpleader Action.
Following the Effective Date hereof, this Settlement Agreement may be pled as a full and complete defense by any of the Released Parties to any action, suit or other proceeding by Plaintiffs or anyone acting on their behalf or purporting to assert rights on their behalf or any Person subject to the Bar Orders that may be initiated, prosecuted or attempted with respect to any of the Released Claims.