Third Party Releases Sample Clauses

The Third Party Releases clause provides that certain non-debtor parties, such as affiliates, advisors, or other related entities, are released from liability for claims related to the subject matter of the agreement. In practice, this means that individuals or organizations who are not direct parties to the contract but are connected to it through their roles or actions are protected from lawsuits or claims by the contracting parties. This clause is commonly used in bankruptcy or settlement agreements to ensure that all potential disputes involving related third parties are resolved, thereby preventing future litigation and promoting finality and certainty for all involved.
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Third Party Releases. The Borrower and the Equity Owner have executed and delivered all necessary third party releases with respect to the Pledged Policies, as determined by the Lender in its sole and absolute discretion.
Third Party Releases. The Borrower and the Parent shall have executed and delivered all necessary third party releases with respect to the Subject Policies, as determined by the Administrative Agent in its sole and absolute discretion.
Third Party Releases. The Borrower shall have executed and delivered or caused all relevant third parties to execute and deliver all necessary releases of Adverse Interests with respect to the Subject Policies, as determined by the Administrative Agent in its sole and absolute discretion and specified to the Borrower in writing prior to the relevant Advance Date.
Third Party Releases. USER agrees that no filming or photography of students, faculty, or staff will be done without specific written releases from such persons. USER agrees to use a form of release in substantially the form attached hereto and made a part hereof as Exhibit “A” to this Agreement.
Third Party Releases. USER agrees that no filming or photography of students, faculty, or staff will be done without specific written releases from such persons. USER agrees to use a form of release in substantially the form attached hereto and made a part hereof as Exhibit “A” to this Agreement. To the extent applicable, USER represents and warrants that it has or will obtain such required releases and agrees to indemnify FIU for its failure to obtain the required forms against any resulting claims, damages, and attorney's fees. Without limiting the foregoing, USER further acknowledges, warrants and represents that no FIU student, faculty or staff filmed or photographed, as contemplated herein, shall be filmed or photographed wearing FIU gear or any FIU branding depicting the name, logos, marks, trademarks and/or likeness of FIU unless otherwise authorized in writing by FIU.
Third Party Releases. Notwithstanding anything to the contrary in this Agreement, if the third party releases and injunctions for the benefit of the Released Parties set forth in sections 9.2 and 9.3 of the NRG Plan are approved in their entirety pursuant to a Final Order of the Bankruptcy Court in form acceptable to Xcel, then Xcel shall be obligated to pay to NRG for distribution to creditors in the Unsecured Creditor Class the entire $390 million of the Released-Based Amount; provided, however, (a) the timing of the payment of the Third Installment shall not be altered by an obligation to pay the entire $390 million of Released-Based Amount, and (b) until there is such a Final Order of the Bankruptcy Court, Xcel’s obligation to pay the Released-Based Amount shall be as otherwise set forth in this Agreement and the Released-Based Amount Agreement. In addition, if the third party releases and injunctions for the benefit of the Released Parties set forth in sections 9.2 and 9.3 of the NRG Plan are approved in their entirety pursuant to a Final Order of the Bankruptcy Court in form acceptable to Xcel, the Released-Based Amount Agreement shall not be effective except for the indemnity provisions set forth in section 9 thereof and any other portion of that agreement applicable to section 9.
Third Party Releases. As of the Effective Date, (a) the Consenting Noteholders; (b) the Consenting RBL Lenders; (c) the Notes Trustee; (d) the Administrative Agent; (e) the EnerVest Parties; (f) each holder of a Claim entitled to vote to accept or reject the Pre-Packaged Plan that (i) votes to accept the Pre-Packaged Plan or (ii) votes to reject the Pre-Packaged Plan or does not vote to accept or reject the Pre-Packaged Plan but does not affirmatively elect to “opt out” of being a releasing party by timely objecting to the Pre-Packaged Plan’s third-party release provisions; (g) each holder of a Claim or Existing Equity Interest that is Unimpaired and presumed to accept the Pre-Packaged Plan; (h) each holder of a Claim or Existing Equity Interest that is deemed to reject the Pre-Packaged Plan that does not affirmatively elect to “opt out” of being a releasing party by timely objecting to the Pre-Packaged Plan’s third-party release provisions; and (i) with respect each of the Debtors, the Reorganized Debtors and the foregoing entities described in clauses (a) through (h), such entities’ current and former affiliates, and such entities’ and such affiliates’ partners, subsidiaries, predecessors, current and former directors, managers, officers, equity holders (regardless of whether such interests are held directly or indirectly), members, officers, principals, employees, agents, managed accounts or funds, advisors, attorneys, accountants, investment bankers, consultants, representatives, management companies, fund advisors, and other professionals, together with their respective successors and assigns, in each case in their capacity as such, shall be deemed to have conclusively, absolutely, unconditionally, irrevocably, and forever released and discharged the Debtors, the Reorganized Debtors and the Released Parties from any and all claims, equity interests, obligations, debts, rights, suits, damages, causes of action, remedies, and liabilities whatsoever, including any derivative claims asserted on behalf of a Debtor or Reorganized Debtor, whether known or unknown, foreseen or unforeseen, existing or hereafter arising, in law, equity or otherwise, that such Person would have been legally entitled to assert (whether individually or collectively), based on or relating to, or in any manner arising from, in whole or in part, the Debtors, the Reorganized Debtors, the Restructuring, the Chapter 11 Cases, the RSA, the purchase, sale, or rescission of the purchase or sale of any security ...
Third Party Releases. Within 180 (180) days of the Execution Date, cause each vendor, supplier and other Person with whom Borrower has a valid account payable as of the Execution Date, as specified on Schedule 5.15, to deliver to the Lender a release, in form and substance satisfactory to the Lender.
Third Party Releases. Notwithstanding anything contained in the Plan to the contrary, pursuant to section 1123(b) and any other applicable provisions of the Bankruptcy Code, effective as of the Effective Date, to the fullest extent permitted by applicable law, for good and valuable consideration provided by each of the Released Parties, the adequacy and sufficiency of which is hereby confirmed, and without limiting or otherwise modifying the scope of the Debtor Release provided by the Debtor Releasing Parties above, each Non-Debtor Releasing Party, on behalf of itself and any affiliates, heirs, executors, administrators, successors, assigns, managers, accountants, attorneys, Representatives, consultants, agents, and any other Persons that might seek to claim under or through them, will be deemed to have conclusively, absolutely, unconditionally, irrevocably, and forever provided a full release to each of the Released Parties (and each such Released Party so released shall be deemed forever released by the Non-Debtor Releasing Parties) and their respective assets and properties (the “Third-Party Release”) from any and all claims, interests, Causes of Action, and any other debts, obligations, rights, suits, damages, actions, remedies, and liabilities whatsoever, whether known or unknown, foreseen or unforeseen, matured or unmatured, whether directly or derivatively held, existing as of the Effective Date or thereafter arising, in law, at equity or otherwise, whether for tort, contract, violations of federal or state statutory or common laws, or any other applicable international, foreign, or domestic law, rule, statute, regulation, treaty, right, duty, requirement or otherwise, based on or relating to, or in any manner arising from, in whole or in part upon any act or omission, transaction, or other occurrence or circumstances existing or taking place prior to or on the Effective Date arising from or related in any way in whole or in part to any of the Debtors, including, without limitation, (i) the Chapter 11 Cases, the Disclosure Statement, this Plan, the Restructuring Support Agreement, the Restructuring Documents, the Sale Process; (ii) the subject matter of, or the transactions or events giving rise to, any Claim or Equity Interest that is treated in this Plan; (iii) the business or contractual arrangements between any Debtor and any Released Parties; (iv) the negotiation, formulation or preparation of the Restructuring Support Agreement, this Plan, the Disclosure Statement,...
Third Party Releases. If and to the extent that Licensor at Licensee’s written request incorporates into the Licensed Property any video or audio footage from the Picture, the name, likeness and/or other characteristic of any actor from the Picture, and/or otherwise any other element from the Picture (including, without limitation, any dialogue from and/or the title of the Picture) (the “Picture Elements”), Licensee hereby grants to Licensor at no cost the right to use such Picture Elements in the Licensed Property throughout the world in perpetuity so that Licensor shall have full ownership of the Licensed Property. In connection with the preceding sentence, Licensee shall obtain at no cost to Licensor all SDI - PMW appropriate releases required by Licensor from actors and/or other individuals appearing in or otherwise rendering services in connection with the Picture.