CNL Hotels & Resorts, Inc. – Stipulation of Settlement (June 8th, 2006)
This Stipulation of Settlement is entered into by, between, and among the Parties (defined below), by and through undersigned Co-Lead Counsel and counsel for the Settling Defendants.
CNL Hotels & Resorts, Inc. – United States District Court Middle District of Florida Orlando Division (May 15th, 2006)
Except as expressly provided herein, this Memorandum, subject to the conditions set forth herein, outlines the general terms of an agreement in principle for the settlement in the above-captioned action (the "Action") of all Settled Claims (as defined below in P17) on the terms set forth below (the "Settlement"). Paragraphs 14, 25, and 29 are intended to be binding on the parties upon execution hereof. This Memorandum (other than PP 14, 25, and 29) is intended to become binding and will become enforceable only upon receipt by counsel of written notice to each other that all approvals expressly set forth in P 27 below have been obtained or waived, as applicable ("Approvals"). Upon receipt of the Approvals, the Parties (as defined below in PP 1-2) intend for the Settlement to be documented by a Stipulation and Agreement of Settlement and accompanying papers (the "Stipulation") that shall embody the terms set fo