Compromise and Settlement definition

Compromise and Settlement means the Settlement Agreement and Release executed by Balanced Care, Ocwen, Seller, Licensee, Senior Care Operators of Ohio, LLC, and Senior Care Operators of Centerville, LLC, as of the Closing Date, to settle the claims arising out of the Lawsuit.
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Examples of Compromise and Settlement in a sentence

  • Approval of the Compromise and Settlement, including the Yieldco Compromises and Settlements and the Potential Avoidance Claims Allocations, is (i) fair and equitable, (ii) in the best interests of the estate, and (iii) falls within the reasonable range of litigation possibilities.

  • The balance between the likelihood of the Debtors’ success on the merits after lengthy and costly litigation when compared to the concrete and tangible benefit of the Compromise and Settlement weighs in favor of approval of the Compromise and Settlement.

  • Search and the Stockholders have agreed to resolve such disputes and lawsuits as more fully set forth in that certain Compromise and Settlement Agreement dated November ___, 1996 ("Settlement Agreement") by and among Search and the Stockholders.

  • Target agrees that, prior to the Effective Time, it shall use reasonable best efforts to enter into a settlement agreement with Shell, to be effective as of the Effective Time, relating to the pending arbitration proceeding on terms that are materially similar to the terms of the proposed Compromise and Settlement Agreement previously disclosed to Parent.

  • SUSPEND GOOD FAITH REPORTING ON SELECTED PERFORMANCE AREA MEASURES Reference is hereby made to the Compromise and Settlement Agreement between the Parties dated December 15, 2011, and approved by the United States District Court for the Northern District of Oklahoma by Order dated February 29, 2012, Case 4:08-cv- 00074-GKF-FHM Document 778 (the “Settlement Agreement”).

  • City of Biloxi and Secretary of State Covacevich Compromise and Settlement Agreement dated as of August 15, 2002, provides that City and State each own ½ interest in the subject property.

  • Otherwise, the terms of the original Compromise and Settlement Agreement shall continue to apply.

  • The term ‘‘Settlement Agreement’’ means the Agreement of Compromise and Settlement Concerning Claims to the Lands of the United States Within and on the Perimeter of the Salton Sea Drainage Reservoir Held in Trust for the ▇▇▇▇▇▇-▇▇▇▇▇▇▇▇ Indians executed on June 18, 1996, as modified by the first, second, third, and fourth modifications thereto.

  • As soon as practicable after the date of this Agreement, the Supporting Parties who are parties to the Pending Litigation agree jointly to file in the Pending Litigation the Stipulation of Compromise and Settlement (the "Stipulation"), to which shall be appended (i) a proposed form of scheduling order (the "Scheduling Order"), (ii) a proposed form of Notice to Settlement Parties (the "Settlement Notice"), and (iii) a proposed form of Final Order Approving Settlement (the "Final Order").

  • Compromise and Settlement of Claims, Interests, and Controversies.

Related to Compromise and Settlement

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Section 3.3 of the Operating Agreement.

  • Resettlement means the impact of an involuntary taking of land under the Project, which taking causes affected persons to have their: (i) standard of living adversely affected; or (ii) right, title or interest in any house, land (including premises, agricultural and grazing land) or any other fixed or movable asset acquired or possessed, temporarily or permanently; or (iii) access to productive assets adversely affected, temporarily or permanently; or (iv) business, occupation, work or place of residence or habitat adversely affected, temporarily or permanently.

  • Settlement means the settlement of the Action by and between the Parties, and the terms thereof as stated in this Settlement Agreement.

  • Combination Settlement shall have the meaning specified in Section 14.02(a).