Derivative Settlement definition
Examples of Derivative Settlement in a sentence
Hanover may, in its sole discretion, terminate any or all of the (1) Securities Settlement Agreement, (2) Derivative Settlement Agreement, and (3) ERISA Settlement Agreement, in the event that the Federal Court does not approve the settlement of all of such Actions; provided, however, that nothing herein shall inhibit Hanover from consummating the settlement of any of the Actions despite the disapproval of the settlement of any other Actions.
The Derivative Settlement shall contain a full and general release as to all Released Derivative Parties.
Rather, Plaintiff is free to bring the Derivative Settlement Claims because the Board refused his demand.
This Derivative Settlement shall be null and void and of no force and effect should any of these conditions not be met.
Following final approval of the Federal Court Derivative Settlement, the ▇▇▇▇ matter was dismissed on August 19, 2015.
This matter came before the Court for hearing pursuant to this Court’s Order Preliminarily Approving Derivative Settlement and Providing for Notice, dated , 2017 (the “Preliminary Approval Order”), on the application of the Settling Parties for final approval of the Settlement set forth in the Stipulation and Agreement of Settlement dated October 6, 2017 (the “Stipulation”).
The Director Defendants erroneously argue that the Derivative Settlement Claims should be dismissed because Plaintiff did not plead wrongful refusal of his Demand.
This matter came before the Court for hearing pursuant to the Order of this Court, dated , 2019 (“Order”), on Plaintiffs’ Motion for Final Approval of Derivative Settlement (“Settlement”) set forth in the Stipulation and Agreement of Settlement, dated October 28, 2019 (the “Stipulation”) (Doc.