SETTLEMENT AND STIPULATIONS Clause Samples

SETTLEMENT AND STIPULATIONS. Attachment B to this Settlement Agreement contains a Summary of Earnings table. This table sets forth the positions expressed in SoCalGas’ application and testimony, as revised during the proceeding, and in ORA’s reports, by FERC functional account area.1 The final column on each table, labeled “Settlement”, presents the levels of expense (by functional area), revenue and rate base agreed upon by the Joint Parties, subject to adjustments described in this Settlement Agreement. In addition to the agreements expressed in the “Settlement” column on the Summary of Earnings table, the Joint Parties agree as follows:
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Related to SETTLEMENT AND STIPULATIONS

  • Other Stipulations Absent mutual agreement, any change in existing Division boundaries will not affect this agreement.

  • Acknowledgments and Stipulations Each Borrower acknowledges and stipulates that the Credit Agreement and the other Loan Documents executed by Borrowers are legal, valid and binding obligations of Borrowers that are enforceable against Borrowers in accordance with the terms thereof; all of the Obligations are owing and payable without defense, offset or counterclaim (and to the extent there exists any such defense, offset or counterclaim on the date hereof, the same is hereby waived by each Borrower); and the security interests and liens granted by Borrowers in favor of Administrative Agent, for the benefit of itself and Lenders, are duly perfected, first priority security interests and liens to the extent provided therein.

  • Settlement Agreement Respondent understands that Respondent has the right to a formal adjudicatory hearing concerning this matter and that at said hearing

  • Stipulations The Parties stipulate to the following:

  • Judgment and Attachments Any money judgment, writ or warrant of attachment, or similar process involving (1) an amount in any individual case in excess of $100,000 or (2) an amount in the aggregate at any time in excess of $250,000 (in either case not adequately covered by insurance as to which the insurance company has acknowledged coverage) is entered or filed against Borrower or any of its Subsidiaries or any of their respective assets and remains undischarged, unvacated, unbonded or unstayed for a period of thirty (30) days or in any event later than five (5) days prior to the date of any proposed sale thereunder; or