Examples of Settlement Letter in a sentence
If the DFEO receives a Closing Memorandum from the General Counsel's Office that all claims on a contract have been settled by legal action, send a Closeout due to Legal Settlement Letter to the Contractor (see Attachment 5-1, Letter 5-21).
The Assurance Framework sits alongside several key governance and policy documents – most notably the Devolution Agreement and Settlement Letter, the MCA Constitution, the LEP Terms of Reference, the Financial Regulations, the Strategic Economic Plan (SEP), Renewal Action Plan (RAP), Investment Plan and Monitoring and Evaluation Framework.
Pursuant to sections 365(a) and 105(a) of the Bankruptcy Code and Bankruptcy Rule 6006, the Debtors’ assumption of the PDA and the Associated Agreements is approved.2. EPLP’s entry into the Settlement Letter, attached as Exhibit A to this Order, with Wolfcamp DrillCo is appropriate under Bankruptcy Rule 9019 and is hereby approved, and the Settlement Letter shall be enforceable against Wolfcamp DrillCo and the Debtors and their estates, as applicable, in accordance with its terms.
This Settlement Letter shall be binding and effective following all of (i) its full execution by both Parties; (ii) entry of an order by the Bankruptcy Court in form and substance reasonably acceptable to the Parties approving this Settlement Letter; and (iii) the occurrence of the effective date of a chapter 11 plan in the Bankruptcy Cases (the “Effective Date”).
The Parties shall use their commercially reasonable efforts to cause the Bankruptcy Court to approve this Settlement Letter as promptly as practicable following the execution hereof.
EP covenants and agrees to file a motion seeking approval of the Bankruptcy Court of this Settlement Letter within three (3) Business Days following the execution of this Settlement Letter by the Parties.
The Debtors are authorized to enter into, perform, execute, and deliver all documents, and take all actions, necessary to immediately implement the Settlement Letter in accordance with the terms, conditions, and agreements set forth in the Settlement Letter.
The Settlement Letter will be issued on a without prejudice basis.
Each Rolling Lender authorizes and instructs DBNY to enter into the Cashless Settlement Letter on such Rolling Lender’s behalf.
Amount of income, tax and penalty adjustments (if any) and the years of assessment involved shall be notified by the Surat Penyelesaian Kes (Case Settlement Letter).