Common use of Approval Motion and Notice Clause in Contracts

Approval Motion and Notice. (1) The Plaintiffs will thereafter bring the Approval Motions before the Courts in accordance with the Courts’ directions. The Defendants will consent to the issuance of the Approval Order. The Approval Order in the Ontario Action shall be substantially in the form attached as Schedule “H”. The Approval Orders in the Québec Action shall mirror, to the extent possible, the substance of the Approval Orders in the Ontario Action. (2) Upon the granting of the Approval Orders, the Administrator shall cause the Second Notice to be published and disseminated in accordance with the Plan of Notice as approved by the Courts. The costs of publishing the Second Notice shall be paid from the Escrow Account as and when incurred.