Examples of Contributing Chartered Organizations in a sentence
In addition to this possibility, the Amended Plan provides for a substantially larger recovery for abuse survivors from the BSA and Local Councils, with the ability to add significant recoveries from any future Settling Insurance Companies and Contributing Chartered Organizations that may subsequently sign-on.
The treatment provided for Abuse Claims under the Plan incorporates and reflects a proposed compromise and settlement of all Abuse Claims against the Protected Parties, and the Scouting Released Claims against the Local Councils and Contributing Chartered Organizations (the “Abuse Claims Settlement”), and the Plan constitutes a request for the Bankruptcy Court to authorize and approve the Abuse Claims Settlement.
Representatives of Participating or Contributing Chartered Organizations, with the cooperation of the Settlement Trustee, may form a three-member “Chartered Organization Advisory Group” to advise theSettlement Trustee about Chartered Organizations’ concerns as to any future insurance settlements and other issues.
The Contributing Chartered Organizations, including TCJC and the United Methodist Entities, shall make, cause to be made, or be deemed to have made, as applicable, the Contributing Chartered Organization Settlement Contribution,including the TCJC Settlement Contribution and United Methodist Settlement Contribution, as applicable.
Option #2 – Contributing Chartered Organization/Protected Party: TCJC and United Methodist Entities have made, in the Debtors’ opinion, a substantial contribution and are currently being treated as Contributing Chartered Organizations under the Modified Plan.
The Contributing Chartered Organizations will make, cause to be made, or be deemed to have made, as applicable, the Contributing Chartered Organization Settlement Contribution.
All other Chartered Organizations may negotiate with the BSA and abuse claimant representatives (or the Settlement Trustee after the Effective Date of the Modified Plan) to make a substantial monetary contribution to the Settlement Trust and become Contributing Chartered Organizations under the Modified Plan.
In addition, the general equilibrium is affected by the strategic behaviour of the firms, but as each individual firm is assumed to be infinitesimal, they will ignore this in their decisions.
The Contributing Chartered Organizations, including TCJC and the United Methodist Entities, shall make, cause to be made, or be deemed to have made, as applicable, the Contributing Chartered Organization Settlement Contribution, including the TCJC Settlement Contribution and United Methodist Settlement Contribution, as applicable.
On the effective date of the Plan, the Settlement Trust will receive certain contributions from the BSA, and if applicable, the Local Councils, Contributing Chartered Organizations, and any settling insurance companies, which will be used to resolve abuse claims in accordance with the Settlement Trust documents, including, without limitation, the Trust Agreement and the Trust Distribution Procedures.