Abuse Insurance Policies definition

Abuse Insurance Policies means, collectively, the BSA Insurance Policies, and the Local Council Insurance Policies. Abuse Insurance Policies do not include Non-Abuse Insurance Policies or Postpetition Insurance Policies.
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Abuse Insurance Policies means, collectively, the BSA Insurance
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Examples of Abuse Insurance Policies in a sentence

  • Notwithstanding the foregoing, the Settlement Trust shall satisfy, to the extent required under the relevant policies and applicable law, and in accordance with the Trust Distribution Procedures, any retrospective premiums and self-insured retentions arising out of any Abuse Claims under the Abuse Insurance Policies.

  • For the avoidance of doubt, and by definition, the applicable Abuse Insurance Policies identified in each of the Insurance Settlement Agreements were issued directly to the BSA and the Local Councils and were not issued directly to the Chartered Organizations.2. JPM / Creditors’ Committee Settlement.

  • Participating Chartered Organizations shall receive certain limited protections under the Channeling Injunction, including the channeling of all Abuse Claims against such Participating Chartered Organizations that relate to Abuse alleged to have first occurred on or after January 1, 1976, in exchange for contribution to the Settlement Trust of Participating Chartered Organizations’ rights under Abuse Insurance Policies issued on or after January 1, 1976.

  • The proceeds of any sale of any Abuse Insurance Policies, including the full settlement amount, shall be contributed to the Settlement Trust “free and clear” of all liens, claims, encumbrances, any other rights of any nature, whether at law or in equity, and other “interest,” under sections 363 and 1141 of the Bankruptcy Code, of any additional insured or any other person or Entity in such Abuse Insurance Policies.

  • In the Underlying Action, J.F.H. asserts claims for equitable garnishment, negligence, breach of fiduciary duties, and bad faith against the Insurers arising out of their alleged failure to defend Mackey against J.F.H.’s claim pursuant to the terms of certain Abuse Insurance Policies the Insurers had issued to the Debtors.

  • Op. at 256 (“The Certain Insurers’ objections based on assignment of Abuse Insurance Policies is overruled.”).

  • Notwithstanding anything to the contrary and for the avoidance of doubt, the Abuse Insurance Policies shall be sold by the Debtors to the applicable Settling Insurance Companies free and clear of all liens, claims, encumbrances, interests, or other rights on the Effective Date on the terms and as provided in the applicable Insurance Settlement Agreement.

  • IX.A.3.j); see also D.I. 1-3 at 256 (Op.) (“The Certain Insurers’ objections based on assignment of Abuse Insurance Policies is overruled.”).

  • Nevertheless, the Bankruptcy Court correctly held that there is no obligation to transfer obligations under non-executory contracts, like the Abuse Insurance Policies.

  • The Chartered Organization settlement framework, moreover, will enable the Settlement Trust to take assignment of valuable rights under the Abuse Insurance Policies that are not the subject of Insurance Settlement Agreements free of any competing claims against such insurance, thereby maximizing the value of those rights for the benefit of abuse survivors.

Related to Abuse Insurance Policies

  • Insurance Policies has the meaning set forth in Section 3.16.

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

  • Title Insurance Policies means, with respect to each Individual Property, an ALTA mortgagee title insurance policy in a form acceptable to Lender (or, if an Individual Property is in a State which does not permit the issuance of such ALTA policy, such form as shall be permitted in such State and acceptable to Lender) issued with respect to such Individual Property and insuring the lien of the Mortgage encumbering such Individual Property.

  • Title Insurance Policy A title insurance policy maintained with respect to a Mortgage Loan.

  • Bond Insurance Policy means the financial guaranty insurance policy issued by the Bond Insurer insuring the payment when due of the principal of and interest on the Bonds as provided therein.

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.