Claims Against the Creditor Trust Assets Sample Clauses

Claims Against the Creditor Trust Assets. The Creditor Trust Assets shall be subject to the claims of Creditor Trustee, and his Professionals and Non-Professionals, all Allowed Other Administrative Claims and Allowed Professional Fee Claims (as defined in the Plan), to the extent such claims are pending approval and/or payment on the Effective Date, other Trustee’s Expenses (as defined in the Plan) and U.S. Trustee Fees. The Creditor Trustee shall be entitled to reimburse persons or entities for Trustee’s Expenses out of any available cash in the Creditor Trust, for reasonable compensation and actual reasonable out-of-pocket expenses, including any insurance policy Creditor Trustee deems appropriate, and against and from any and all loss, liability, expense, or damage which each such may sustain in good faith and without willful misconduct, gross negligence, fraud, or, solely in the case of Creditor Trustee, breach of fiduciary duty other than negligence, in the exercise and performance of any of the powers and duties of Creditor Trustee.
Sample 1
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Related to Claims Against the Creditor Trust Assets

  • Claims Against the School District It is understood that the School District's only obligation is to purchase an insurance policy and pay such amounts as agreed to herein and no claim shall be made against the School District as a result of a denial of insurance benefits by an insurance carrier.

  • Complaints Against Teachers When a person makes a written or verbal complaint against a teacher, the principal or designee shall promptly notify the teacher of the complaint, the identity of the complainant, and the teacher shall be given the opportunity to respond. The principal or designee shall investigate the complaint and attempt to resolve the complaint informally if appropriate.

  • Claims Against Other Entities Reserved (1) Except as provided herein, this Settlement Agreement does not settle, compromise, release or limit in any way whatsoever any claim by the Releasors against any Person other than the Releasees.

  • Complaints Against Employees Any complaint against an employee that may lead to disciplinary action shall be promptly called to the attention of the employee. No complaint against an employee may be used in a disciplinary action against that employee unless the complaint was discussed with the employee in a timely fashion.

  • Insurance against liability Nothing in this Agreement requires an employer to insure against liability for accident pay.

  • ANTI-TRUST CLAIM Contractor and its subcontractor(s) agree to assign to the District all rights, title, and interest in and to all causes of action they may have under Section 4 of the Xxxxxxx Act (15 U.S.C. Sec. 15) or under the Xxxxxxxxxx Act (Chapter 2 (commencing with Section 16700) of Part 2 of Division 7 of the Business and Professions Code), arising from purchases of goods, services, or materials pursuant to the Contract or a subcontract. This assignment shall be made and become effective at the time the District tenders final payment to the Contractor, without further acknowledgment by the Parties.

  • Invoicing for Charges Against the Judicial Council’s Master Account A. The Contractor shall establish a Master Account for the Judicial Council’s charges provided for under the exhibits of this Agreement.

  • PLEDGE AGAINST DISCRIMINATION AND COERCION A. The provisions of this Agreement shall be applied equally to all full time employees in the bargaining unit without discrimination as to age, sex, marital status, race, color, creed, national origin, member- ship or non-membership in the Union or political affiliation. The Union shall share equally with the Employer the responsibility for applying this provision of this Agreement.

  • Indemnification Against Third-Party Claims Each Party (the Indemnifying Party) agrees to indemnify, defend, and hold harmless the other Party (the Indemnified Party) and the other Party’s Subsidiaries, predecessors, successors, Affiliates, and assigns, and all current and former officers, directors, members, shareholders, agents, contractors and employees of all such persons and entities (collectively, with Indemnified Party, the “Indemnitee Group”), from any and all Claims (as hereinafter defined).

  • SAFEGUARD AGAINST FRAUD 11.1 The Supplier shall take all reasonable steps, in accordance with Good Industry Practice, to prevent any fraudulent activity (including Fraud) by the Supplier and the Supplier’s Staff (which for the purposes of this Clause 11 (Safeguard Against Fraud) shall include its shareholders holding in excess of the fifty (50) percent of the entire issued share capital of the Supplier and directors).

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