Examples of Settlement Orders in a sentence
Unlike the channeling injunction in Johns-Manville, though, the Settlement Injunction in this case does not permit the Vendors to pursue their claims against the settlement proceeds; the Memorandum approving the Settlement Orders (and the terms of the Evanston and Axis Orders) explicitly reserve those proceeds for personal injury claimants.
Although that settlement does appear to permit vendor claims against the proceeds, the memorandum approving the Settlements specifically reserves the proceeds for the personal injury claimants.it does prohibit use of the settlement proceeds for the payment of administrative or other expenses.Timely appeal was taken from each of the Settlement Orders.
The Axis and Evanston Settlement Orders expressly reserve the settlement proceeds for the personal injury claimants and prohibit their use for administrative expenses.10 The Evanston and Axis Settlement Orders also provide that “[a]ny plan of reorganization proposed by the Debtor or any interested party shall incorporate the provisions of Settlement Agreement and this Order without variation, and must contain terms not inconsistent with the terms of the Settlement Agreement.” 2.
Two separate CDS Physical Settlement Orders shall apply and shall have effect separately in respect of each of the CDS Contracts in the Matched Pair that are subject to a physical settlement obligation, and the instrument to be delivered pursuant thereto.
As noted, the Memorandum setting forth the bankruptcy court’s rationale for approving the Settlements specifically reserves the settlement proceeds for personal injury claimants and the Settlement Orders (as well as the Memorandum) specifically prohibit their use for administrative expenses.
The rules for T2S settlement are set out in these Business Rules and in Depository Announcement 9-20 on the Detailed Presentation of Settlement Orders.
This is the major difference.C: concern about legacy STA’s parsing of TWT element that adds additional fields.
To protect against systemic problems that could cause above-market results, the Settlement Orders approved the use of a Price Anomaly Threshold (“PAT”).
Any judgment in favor of theand generate desperately needed short term gains and cash to conceal its financial problems and maintain its credit rating and stock price.” (Complaint ¶ 326.)recharacterization claim contained in the Complaint would clearly impair or destroy rights or interests established pursuant to the Settlement Orders, and nullify the agreements approved pursuant to those orders.
Settlement Orders Containing Non-Standard Language (Hearing Required).