Common use of SETTLEMENT APPROVAL PROCESS Clause in Contracts

SETTLEMENT APPROVAL PROCESS. 1. The Parties acknowledge that prompt approval, consummation, and implementation of this settlement are essential. The Parties shall cooperate with each other in good faith to carry out the purposes of and effectuate this settlement, shall promptly perform their respective obligations hereunder, and shall promptly take any and all actions and execute and deliver any and all additional documents and all other materials and information reasonably necessary or appropriate to carry out the terms of this settlement and the transactions contemplated hereby.

SETTLEMENT APPROVAL PROCESS. 1. The Parties acknowledge that prompt approval, consummation, and implementation of this settlement Settlement Agreement are essential. The Parties shall cooperate with each other in good faith to carry out the purposes of and effectuate this settlementSettlement Agreement, shall promptly perform their respective obligations hereunder, and shall promptly take any and all actions and execute and deliver any and all additional documents and all other materials and and/or information reasonably necessary or appropriate to carry out the terms of this settlement Settlement Agreement and the transactions contemplated hereby.