VRG Settlement definition

VRG Settlement means the good faith compromise and settlement of the VRG Claims by the Debtors and VRG in exchange for payment of the VRG Settlement Amount and satisfaction of the other terms and conditions set forth in the VRG Settlement Term Sheet, which settlement was approved by the Bankruptcy Court on August 30, 2022 pursuant to the VRG Settlement Order.
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Related to VRG 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.

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

  • Share Settlement means a number of shares of Class A Common Stock equal to the number of Redeemed Units.

  • Net Share Settlement means the settlement method pursuant to which an exercising Warrantholder shall be entitled to receive from the Company, for each Warrant exercised, a number of shares of Common Stock equal to the Net Share Amount without any payment therefor.