Xxxxxx’s Waiver and Release of Claims Against Holders of Interests in the Debtor. On the Merger Date, the Debtor and its Estate shall forever waive, relinquish, and release any and all Causes of Action related to distributions made to any Holder of a Class 7 (Interest in Quotient Limited), including any Avoidance Actions, the Debtor and its Estate had, have, or may have had against any such Holder of a Class 7 (Interest in Quotient Limited) that (a) does not elect to opt out of the Third-Party Release contained in the Plan, (b) does not timely object to the Third-Party Release contained in the Plan, or (c) does timely object to the Third-Party Release contained in the Plan but such objection is resolved before Confirmation of the Plan.
Appears in 5 contracts
Samples: Master Transaction Agreement (Quotient LTD), Master Transaction Agreement (Bracebridge Capital, LLC), Master Transaction Agreement (Whitebox Advisors LLC)