Congoleum Entities definition
Examples of Congoleum Entities in a sentence
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.
For the avoidance of doubt, none of the releases set forth herein shall release: (i) any of the Congoleum Entities' or any of the Century Entities' respective obligations under this Settlement and Buyback Agreement, and the Parties hereby reserve and retain all rights in connection with the enforcement of this Settlement and Buyback Agreement; and/or (ii) any reinsurance policy, contract or certificate issued by any Century Entity and/or any reinsurance treaty in which any Century Entity participates.
The Parties agree that the payments made pursuant to this Settlement and Buyback Agreement and the other consideration provided are for Claims against the Congoleum Entities, including Asbestos Claims.
The Parties specifically disavow any intention to create rights in third parties (other than rights specifically conferred upon the Congoleum Entities, the ▇▇▇▇▇▇ Entities, or other Persons by this Agreement) under or in relation to this Agreement.
Nothing herein shall be construed to impair the right of the Congoleum Entities or the ▇▇▇▇▇▇ Entities to assert or pursue any Claim not released by Sections 4.1 and 4.2 of this Agreement.
The Debtors represent and warrant that Congoleum Corporation, as defined in Section I.K.(ii), and as a signatory to this Settlement and Buyback Agreement, owns the rights of the Congoleum Entities to coverage under the Subject Policies identified on Exhibit C.
The Parties specifically disavow any intention to create rights in third parties (other than rights specifically conferred upon the Congoleum Entities, the Fireman's Fund Entities, or other Persons by this Agreement) under or in relation to this Agreement.
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.
Nothing herein shall be construed to impair the right of the Congoleum Entities or the Fireman's Fund Entities to assert or pursue any Claim not released by Section 6.1 of this Agreement.
The Parties agree that the payments made pursuant to this Settlement and Buyback Agreement are for Claims against the Congoleum Entities, including Asbestos Claims.