Asbestos Settlement Documents definition

Asbestos Settlement Documents means the Security Agreement, Collateral Trust Agreement and Claimant Agreement, collectively.
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Examples of Asbestos Settlement Documents in a sentence

  • Copies of any of the Asbestos Settlement Documents may be obtained by contacting the Voting Agent.

  • The Collateral Trust was established in April 2003, and amended on June 6, 2003, pursuant to the terms of the Asbestos Settlement Documents.

  • The settlement amounts established under the Asbestos Settlement Documents represent heavily negotiated figures that take into account factors, including the cost of inflation, the increases in settlement costs and jury awards and the costs of litigating unsubstantiated claims.

  • The Asbestos Claims of Pre-Petition Settlement Claimants and Participating Claimants (collectively, "Qualified Claimants") were granted security interests as and to the extent provided in the Asbestos Settlement Documents, which security interests are being forborne in accordance with the "Forbearance" described in the Plan.

  • Each Qualified Pre-Petition Settlement Claimant will be paid in Cash by the Plan Trust in accordance with the provisions of the Asbestos Settlement Documents, the Plan, the Plan Trust Agreement and TDP.

  • The Qualified Participating Claimants will be paid by the Plan Trust, in full satisfaction, settlement, release and discharge of and in exchange for such Claim, in Cash in accordance with the provisions of the Asbestos Settlement Documents (including priority of payment subject to the payment of Plan Trust Expenses) which will be incorporated in the Plan Trust Agreement and TDP.

  • The Asbestos Claims of Pre-Petition Settlement Claimants and Participating Claimants (collectively, "Qualified Claimants") are secured as and to the extent provided in the Asbestos Settlement Documents.

  • Copies of any of the Asbestos Settlement Documents may be obtained by contacting the Voting Agent at: The Altman Group, Inc., 60 East 42nd Street, Suite 405, New York, NY 1016▇, ▇▇▇n: Ken Altman.

  • All Qualified Pre-Petition Settlement Claimants are to be paid in accordance with the provisions of the Asbestos Settlement Documents.

  • The Qualified Participating Claimants will be paid by the Plan Trust, in full satisfaction, settlement, release, and discharge of and in exchange for such Secured Asbestos Claim, in Cash in accordance with the provisions of the Asbestos Settlement Documents (including priority of payment and subject to the payment of Plan Trust Expenses in accordance with the terms of the Plan Trust Agreement) which will be incorporated in the Plan Trust Agreement and TDP.