Common use of Approval Motion and Notice Clause in Contracts

Approval Motion and Notice. (1) The Plaintiff will bring the Settlement Approval Motion (Fresco) in accordance with the Ontario Court’s directions. The Defendant will consent to the issuance of the Approved Settlement Order (Fresco). (2) Upon the granting of the Approved Settlement Order and the Quebec Settlement Application, Class Counsel may issue the Agreed Press Release and the Administrator shall cause the Approved Settlement Notices to be published and disseminated in accordance with the Plan of Notice as approved by the Courts. The costs of publishing the Approved Settlement Notices shall be paid from the Escrow Account as and when incurred.