Common use of Settlement Approval Motion Clause in Contracts

Settlement Approval Motion. Within one (1) Business Day after the date of execution by all Parties to this Settlement Agreement, the Debtors shall file a motion (the “Settlement Approval Motion”) with the Bankruptcy Court seeking approval of this Settlement Agreement pursuant to Rule 9019(a) of the Bankruptcy Rules, together with appropriate supporting declaration(s) which may be filed thereafter. The form of Settlement Approval Motion which has been agreed to by the Parties and the Creditors’ Committee is attached hereto as Annex C and incorporated herein by reference.

Appears in 2 contracts

Sources: Settlement Agreement (Dynegy Inc.), Settlement Agreement