Withdrawal of Proofs of Claim Sample Clauses

Withdrawal of Proofs of Claim. Upon approval of this Agreement by the Bankruptcy Court, as defined in paragraph 1 above, the Proofs of Claim filed by Xxxxxxxx in the Bankruptcy Action will be deemed withdrawn and can be marked as such in the claims register by Epiq, and that Xxxxxxxx agrees to file no other or further proofs of claim on account of the claims released by this Agreement.
AutoNDA by SimpleDocs
Withdrawal of Proofs of Claim. Upon payment of the Senior Notes Payment, all proofs of claim filed by any of the Web Parties in the Reunion Bankruptcy shall be deemed withdrawn without further action of the respective claimant, provided, however, that nothing in this paragraph is intended to, or shall, adversely affect the proof or proofs of claim filed by U.S. Bank on behalf of the Senior Noteholders under the Indenture.
Withdrawal of Proofs of Claim. The VarTec Entities shall be deemed to have withdrawn, with prejudice, the VSI Claims and the VarTec Proofs of 4 Notwithstanding anything to the contrary herein expressed, the Parties agree that VarTec Claims shall not include any claims that any or all of the VarTec Entities have or may have against (a) any and all persons identified on Schedule 1 attached hereto, in their individual capacities; (b) BCE Inc., including its legal representatives, officers, directors, agents, attorneys and employees, acting in their capacity as such; and (c) BCE Ventures, including its legal representatives, officers, directors, agents, attorneys and employees, acting in their capacity as such. Moreover, the Parties agree that the Teleglobe Claims shall not include any claims that BCE, Inc., BCE Ventures, the persons identified on Schedule 1, or any the foregoing legal representatives, officers, directors, agents, attorneys and employees, acting in their capacity as such, may have against any or all of the VarTec Entities.

Related to Withdrawal of Proofs of Claim

  • Proofs of Claim In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relating to the Company or the property of the Company or of such other obligor or its creditors, the Secured Party (irrespective of whether the Obligations shall then be due and payable as therein expressed or by declaration or otherwise and irrespective of whether the Secured Party shall have made any demand on the Company for the payment of the Obligations), subject to the rights of Previous Security Holders, shall be entitled and empowered, by intervention in such proceeding or otherwise:

  • Trustee May File Proofs of Claim In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to the Company or any other obligor upon the Securities or the property of the Company or of such other obligor or their creditors, the Trustee (irrespective of whether the principal of the Securities shall then be due and payable as therein expressed or by declaration or otherwise and irrespective of whether the Trustee shall have made any demand on the Company for the payment of overdue principal or interest) shall be entitled and empowered, by intervention in such proceeding or otherwise,

  • Agent May File Proofs of Claim In case of the pendency of any proceeding under any Debtor Relief Law or any other judicial proceeding relative to any Loan Party, the Agent (irrespective of whether the principal of any Loan or L/C Obligation shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether the Agent shall have made any demand on the Loan Parties) shall be entitled and empowered, by intervention in such proceeding or otherwise

  • Administrative Agent May File Proofs of Claim In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to any Loan Party, the Administrative Agent (irrespective of whether the principal of any Loan or L/C Obligation shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether the Administrative Agent shall have made any demand on the Borrower) shall be entitled and empowered, by intervention in such proceeding or otherwise:

  • Restoration of Rights on Abandonment of Proceedings In case the Trustee shall have proceeded to enforce any right under this Indenture and such proceedings shall have been discontinued or abandoned for any reason, or shall have been determined adversely to the Trustee, then and in every such case the Issuer and the Trustee shall be restored respectively to their former positions and rights hereunder, and all rights, remedies and powers of the Issuer, the Trustee and the Securityholders shall continue as though no such proceedings had been taken.

  • The Administrative Agent May File Proofs of Claim (a) In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to any Loan Party, the Administrative Agent (irrespective of whether the principal of any Loan or any Revolving Credit Exposure shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether the Administrative Agent shall have made any demand on the Borrower) shall be entitled and empowered, by intervention in such proceeding or otherwise:

  • Notification of Proceeding Indemnitee will notify the Company in writing promptly upon being served with any summons, citation, subpoena, complaint, indictment, information or other document relating to any proceeding or matter which may be subject to indemnification or advancement of expenses covered hereunder. The failure of Indemnitee to so notify the Company shall not relieve the Company of any obligation which it may have to Indemnitee under this Agreement or otherwise.

Time is Money Join Law Insider Premium to draft better contracts faster.