Century Entities definition

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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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."

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.

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.

• The Debtors hereby represent and warrant that they are aware of no lawsuits or other pending claims against the Century Entities by the Persons referred to in the preceding two sentences.

• Notwithstanding the foregoing or anything to the contrary that may be stated in Sections I.K or VI above, the Century Entities shall retain any and all such rights, if any, as they otherwise have against (i) Saul Ewing LLP with respect to its attorney client relationship with ▇▇▇ ▇▇▇▇▇▇y Entities, (ii) Gilbert Heintz & Randolph LLP, (iii) The Kenesis Group LLC or (iv) pa▇▇▇▇▇▇, ▇▇▇▇▇▇ate▇, ▇▇▇▇▇ipals and shareholders of the Persons referred to in Section IX.E (i) - (iii).

• Neither the Trust nor any trustee shall have any obligation to create any new documents or to collect any information in connection with any such review beyond those ordinarily created or maintained by the Trust, as applicable, and the Century Entities shall not be permitted to challenge the allowance or payment of the Claims by the Trusts, as applicable, or any administrative payments or costs of the Trust, as applicable.

• The Trust will cooperate with the Century Entities in the defense of the Channeling Injunction.

• 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.

• Pursuant to the Century Settlement and Buyback Agreement and subject to the conditions therein, the Century Entities have agreed to release any Substantial Contribution Claim.

• To the extent requested by the Century Entities, on (or as soon as practicable after) the Trigger Date, the Debtors shall execute and deliver to the Century Entities a bill of sale, in form and substance acceptable to the Parties, eviden▇▇▇▇ such sale of the Subject Policies to the Century Entities.

• Notwithstanding the foregoing, the Century Entities shall retain the right to assert a cross-complaint or counterclaim against any Person that first asserts a claim against any one of them seeking a monetary recovery.

• Other than payment by Century Indemnity Company of the Settlement and Buyback Amount, under no circumstances will any of the Century Entities ever be obligated to make any additional payments to the Debtors, the Trust, or any other Person on account of any and all Claims of any kind in connection with the Subject Policies or for any asbestos-related Claim relating to the Congoleum Entities under the policies listed in Exhibit F.