Century Entities definition

Century Entities means: (i) Century Indemnity Company, ACE American Insurance Company (f/k/a CIGNA Insurance Company), and ACE Property and Casualty Insurance Company (f/k/a CIGNA Property and Casualty Insurance Company); (ii) the direct or indirect predecessors, successors and assigns of each of the foregoing Persons described in Section I.G(i), no matter the degree of removal from the Persons described in Section I.G(i) (which terms shall include any Person who assumes the liabilities of any of the foregoing Persons described in Section I.G(i) and (ii) with the approval of the appropriate insurance commissioner or other official); (iii) the respective officers, directors and attorneys of each of the foregoing Persons identified in Section I.G(i) but only when acting in their capacity as such; (iv) the respective past, present and future, direct and indirect, parents, subsidiaries, and affiliates of the entities identified in Section I.G(i) and (ii), including the entities listed on Exhibit B, when acting in their capacity as such and to the extent that Century Indemnity Company has the power and authority to give the releases set forth in Section VI on their behalf; and (v) the respective past and present officers, directors, employees, shareholders, agents, principals, attorneys, and representatives of the Persons described in Sections I.G(iv), but only when acting in their capacity as such and to the extent that the Century Indemnity Company has the power and authority to give the releases set forth in Section VI on their behalf. Any Person who meets the definition set forth above shall be individually referred to as a "Century Entity."
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Century Entities means (i) the Century Parties; (ii) various other Persons affiliated with the Century Parties identified in the definition of “Insurers” in the Century Settlement Agreement, which definition is incorporated by reference herein; (iii) all of the respective predecessors, successors, assigns, subsidiaries, affiliates, holding companies (if any), parent companies (if any), merged companies and acquired companies of the Persons encompassed by clauses (i) and (ii); and (iv) all of the respective employees, officials, agents, attorneys, representatives, officers ,and directors, in their capacity as such, of the Persons encompassed by clauses (i), (ii) and (iii); provided, however, that it is understood that “Century Entities” shall have the same meaning herein as the definition of “Century Entities” in the Century Settlement Agreement, which definition is incorporated by reference herein.
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Century Entities means the Century Parties and various affiliated Persons, all as more particularly described in the definition of “Century Entities” in the Century Settlement Agreement, which definition is incorporated by reference herein.
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Examples of Century Entities in a sentence

  • The Reorganized Debtors shall not voluntarily assist any Person in the establishment of any rights, action, cause of action or claim against the Century Entities in anyway relating to any Asbestos Claim or other claim released under the Settlement and Buyback Agreement.

  • Conditioned upon the occurrence of the effective date of a section 524(g) plan of reorganization of the Debtors’ estates, and the confirmation order becoming a final order, the Century Entities will contribute $16.9 million to the Plan Trust.

  • The Reorganized Debtors shall not voluntarily assist any Person in the establishment of any rights, action, cause of action or claim against the Century Entities or any other Settling Asbestos Insurance Company in anyway relating to any Asbestos Claim or other claim released under an Asbestos Insurance Settlement Agreement.

  • The Debtors also agreed that the Reorganized Debtors will not in any way voluntarily assist any person or entity in the establishment of any right, action, cause of action or claim against the Century Entities in any way relating to any asbestos claim or other claim released under the Century Settlement and Buyback Agreement.

  • As of the First Payment Date, none of the Century Entities shall have a duty or obligation to defend, pay defense costs, indemnify or otherwise to provide defense, indemnity, coverage, services or benefits of any kind whatsoever released pursuant to Section VI under the Subject Policies.

  • The obligation to pay the Settlement and Buyback Amount is several, not joint and several, to the Century Entities, and, without waiver of that understanding, Century Indemnity Company is the only entity assuming the payment obligation, which it assumes in full.

  • Effective upon the First Payment Date, the Congoleum Entities remise, release, acquit and forever discharge the Century Entities from any Claims arising from, relating to or involving the Subject Policies, including, but not limited to (i) any Claims arising from, relating to or involving asbestos-related Claims, including, but not limited to, Plan Trust Asbestos Claims, and (ii) any Claims that were or could have been brought in the Coverage Action.

  • The Century Entities hereby represent and warrant that there are no pending lawsuits filed in court or other pending claims against them currently that would trigger the right to assert a cross-complaint or counterclaim referred to in the preceding sentence.

  • For the avoidance of doubt, the amount that Century Indemnity Company would be obligated to pay towards the Unpaid Amount in the foregoing sentence would be equal to the dollar amount of the credit or set-off permitted to the Century Entities in respect of this Settlement and Buyback Agreement.

  • The Parties expressly agree that, upon the Trigger Date, the Settlement and Buyback Amount is the total amount that any of the Century Entities is obligated to pay on account of any and all Claims of any kind made under or relating to the Subject Policies.


More Definitions of Century Entities

Century Entities means (i) the Century Parties; (ii) various other Persons affiliated with the Century Parties identified in the definition of “Insurers” in the Century Settlement Agreement, which definition is incorporated by reference herein; (iii) all of
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Related to Century Entities

  • Acquired Entities means the Company and each of its Subsidiaries, collectively.

  • Company Entities means the Company and the Company Subsidiaries.

  • Acquired Companies means, collectively, the Company and the Company Subsidiaries.

  • Seller Entities means the Seller and its affiliates other than the Buyer Entities;

  • PJM Entities means PJM, including the Market Monitoring Unit, the PJM Board, and PJM’s officers, employees, representatives, advisors, contractors, and consultants.

  • Seller Subsidiaries means the subsidiary partnerships of the McNeil Partnerships listed on Annex G to this Agreement (the "Subsidiary Partnerships") and the subsidiary corporations listed on Annex F to this Agreement (the "Subsidiary Corporations") which hold GP Interests in certain of the Subsidiary Partnerships.

  • Operating Companies shall have the meaning specified in the recitals to this Agreement.

  • Project Companies means all Group Project Companies and Non-Group Project Companies together, each being a “Project Company”.

  • Target Companies means the Company and its Subsidiaries.

  • Group Companies means the Company and its Subsidiaries.

  • Company Subsidiaries means the Subsidiaries of the Company.

  • Partnership Entities means the General Partner and each member of the Partnership Group.

  • Operating Subsidiaries means, collectively, the Corporation and HST, each a wholly-owned subsidiary of the Trust, and "Operating Subsidiary" means either of the Corporation or HST, as applicable.

  • Operating Entities means, from time to time, the Persons in which the Holding Entities, directly or indirectly, hold interests and that (i) directly hold real estate assets, or (ii) indirectly hold real estate assets but all of the interests of which are not held, directly or indirectly, by the Holding Entities, other than, in the case of each of (i) and (ii), any Person in which the Holding Entities, directly or indirectly, hold interests for investment purposes only of less than 5% of the outstanding equity securities of that Person;

  • PRC Entities means the PRC Subsidiaries and the Consolidated Affiliated Entities collectively.

  • Seller Parties has the meaning set forth in the preamble to this Agreement.

  • Transferred Entities means the entities set forth on Schedule 1.5.

  • Acquired Company means any business, corporation or other entity acquired by the Company or any Subsidiary.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Seller Affiliates has the meaning assigned to such term in Section 2.7.1;

  • Buyer Entities means, collectively, Buyer and all Buyer Subsidiaries.

  • Operating Partnership has the meaning set forth in the preamble.

  • Parent Subsidiaries means the Subsidiaries of Parent.

  • Related Entities means contractors and subcontractors of a Party at any tier; grantees, investigators, customers, and users of a Party at any tier and their contractors or subcontractor at any tier; or, employees of the Party or any of the foregoing.

  • Partnership Parties has the meaning assigned to such term in the preamble.

  • Parent Entities means, collectively, Parent and all Parent Subsidiaries.