Extract to table

Within ten (10) business days following Thalassa's payment of the third and final installment and confirmation of receipt by Northwind, the parties shall execute and file with the Court a Stipulation of discontinuance with prejudice discontinuing the action in its entirety

Upon execution of the Settlement Agreement, all pending motions in this action shall be withdrawn with prejudice, including Thalassa's Motion for Partial Summary Judgment filed on September 20, 2024 (NYSCEF Doc

The Settlement Agreement expressly provides that neither the settlement nor any of its terms shall constitute or be construed as an admission of liability, fault, or wrongdoing by any party

Within sixty (60) calendar days following the final settlement payment, each party shall return or destroy all discovery materials, including documents, electronically stored information, and other materials produced by the opposing party in the course of this litigation, and shall certify such return or destruction in writing

Lender Notification We also wish to bring to your attention that Thalassa is required to notify Meridian Capital Bank AG of the settlement pursuant to Section 8