Examples of Settlement Approval Order in a sentence
The execution and delivery of this Development Contract by the Construction Receiver and its obligations hereunder are subject to and conditional upon the granting of the Settlement Approval Order, the “Effective Date” (as defined therein) having occurred and such order becoming final and non-appealable and if such order is appealed, such appeal is withdrawn or determined in favour of the Construction Receiver.
This Development Contract (including the Schedules and Exhibits hereto), the Construction Contract, the TF Cost Overrun Guarantee, the Craft Loan Agreement and the Settlement Approval Order constitute the whole agreement and understanding of the parties as to the subject matter hereof and there are no prior or contemporaneous agreements between the Parties with respect thereto.
This Undertaking and all obligations set forth herein shall expire upon finality of all direct appeals of the Settlement Approval Order and Final Judgment.
In the event the Settlement Approval Order and Final Judgment are upheld, but the attorneys’ fees, costs, and expenses awarded by the Court or any part of them are vacated, modified, reversed, or rendered void as a result of an appeal, the Firm shall within thirty (30) days repay to the Settlement Fund, based upon written instructions provided by the Settlement Administrator, all attorneys’ fees and costs paid from the Settlement Fund in the amount vacated or modified, including any accrued interest.
The Craft Loan will be secured by a charge against all of the property and assets of UC Leslieville granted under, and with the priority provided under, the Settlement Approval Order.