Examples of Contributed Claims in a sentence
None of the foregoing transfers to the Liquidation Trust shall constitute a merger or consolidation of any of the respective Causes of Action, Avoidance Actions, or Contributed Claims, each of which shall retain its separateness following the transfer for all purposes relevant to the prosecution thereof.
In connection therewith, and subject to the limitations of Section 4.4 hereof, the Liquidation Trustee shall have absolute discretion to pursue or not to pursue any and all Claims, rights, Contributed Claims, or other Causes of Action, as he or she determines are in the best interests of the Liquidation Trust Beneficiaries and consistent with the purposes of the Liquidation Trust, and shall have no liability for the outcome of his or her decision.
The Debtors shall have no responsibility or obligation with respect to the Contributed Claims after the Effective Date, other than (a) to comply with Section 1.5(b)(i) and Section 1.8 herein and (b) otherwise to use reasonable efforts to cooperate with the Trustee.