Examples of Custodial Trust Parties in a sentence
The State of New Mexico further covenants not to sue or assert any civil claims or causes of action against Debtors, the Reorganized Debtors, and the Custodial Trust Parties pursuant to Section 311 of the Clean Water Act, 33 U.S.C. § 1321.
The parties hereto agree that, as of the Closing Date, Debtors, the Reorganized Debtors, and the Custodial Trust Parties are entitled to protection from contribution actions or claims as provided by Section 113(f)(2) of CERCLA, 42 U.S.C. § 9613(f)(2) or similar state law for matters addressed in this Settlement Agreement.
In no event shall the Custodial Trust Parties be held liable to any third parties for any liability, action, or inaction of any other party including each other and the Settlors.
As provided in the Settlement Agreement, the Custodial Trust Parties are deemed to have resolved their civil liability under CERCLA and State environmental statutes to the United States and States, and have protection from contribution actions or claims as provided by Sections 113(f)(2) of CERCLA, 42 U.S.C. Section 9613(f)(2) or similar state law for matters addressed in the Settlement Agreement.
The Custodial Trust Parties shall, further, be indemnified and exculpated in accordance with Section 4.10 of this Agreement.
In no event shall the Custodial Trust Parties be held liable to any third parties for any liability, action, or inaction of any other party including each other.
The Custodial Trust Parties shall have the benefits of the covenants not to sue, contribution protections, and the other protection provisions as specified for the Debtors as set forth in the Settlement Agreement.
The Custodial Trust Parties shall, further, be indemnified and exculpated in accordance with Section 4.9 of this Agreement.
The Custodial Trust Parties shall have the benefits of the covenant not to xxx as set forth in Section VI of the Settlement Agreement and of contribution protection set forth in Section IV, Paragraph 15, and Section VI of the Settlement Agreement.
The Custodial Trust Parties shall have the benefits of the covenants not to xxx, contribution protections, and the other protection provisions as specified for the Debtors as set forth in the Settlement Agreement.