Direct Action Claim means any Claim by a Person against any London-Related Party that arises from the activities of the Congoleum-Related Parties or their Interests in any Subject Policy, and any Asbestos-Released Claim by any Asbestos Plaintiff against any London-Related Party, whether arising by contract, in tort or under the laws of any jurisdiction, including any statute that gives a third party a direct cause of action against an insurer.
Direct Action Claim means any Claim by any Entity against Hartford identical or similar to, or relating to, any Tort Claim, whether arising by contract, in tort or under the laws of any jurisdiction, including any statute that gives a third party a direct cause of action against an insurer.
Direct Action Claim means any Claim by any Entity against any of the Settling Insurers that is identical or similar to, arises from, relates to, or arises in connection with any Channeled Claim, whether arising by contract, in tort, or under the laws of any jurisdiction, including any statute that gives a third party a direct cause of action against an insurer for monetary or other relief.
Examples of Direct Action Claim in a sentence
Nothing in the Plan shall preclude the prosecution of any Direct Action Claim against any Non-Settling Asbestos Insurance Entity.
Asbestos PI Claim shall not include a Direct Action Claim against a Non-Settling Asbestos Insurance Entity.
The Administrator shall not act as an attorney for any Person who holds a Common Law Direct Action Claim, Statutory Direct Action Claim, or Hawaii Direct Action Claim or to any Common Law Settlement Counsel, Statutory Direct Action Claim Counsel, or Hawaii Direct Action Claim Counsel.
An Asbestos PI Claim means each of the following: (a) an Eagle Asbestos PI Claim;(b) a Direct Action Claim against a Settling Asbestos Insurance Entity; and (c) Demands.
More Definitions of Direct Action Claim
Direct Action Claim means the same as Survivor Claim, except that it is asserted against a Settling Insurer, instead of a Protected Party or the Trust, for the recovery of insurance proceeds.
Direct Action Claim means any Claim by a Person against any NJ Guaranty Party that arises from the activities of the Congoleum-Related Parties or their Interests in any Subject Policy, and any Asbestos-Released Claim by any Asbestos Plaintiff against any NJ Guaranty Party relating in any way to the Subject Policies, whether arising by contract, in tort or under the laws of any jurisdiction, including any statute that gives a third party a direct cause of action against an insurer.
Direct Action Claim means any Claim by a Person against Hartford, on account of, based upon, arising from, or in any way attributable to the rights afforded the BSA or any Local Council under any Hartford Policies or Local Council Policies, whether arising by contract, in tort or under the laws of any jurisdiction, including any statute that gives a third party Case 20-10343-LSS Doc 2624-1 Filed 04/16/21 Page 5 of 42 a direct cause of action against Hartford.
Direct Action Claim means any Claim by a Person against any Munich Re-Related Party that arises from the activities of the Congoleum-Related Parties or their Interests in any Subject Policy, and any Asbestos-Released Claim by any Asbestos Plaintiff against any Munich Re-Related Party, whether arising by contract, in tort or under the laws of any jurisdiction, including any statute that gives a third party a direct cause of action against an insurer.
Direct Action Claim means any Claim by any Person other than ON Marine directly against Federal under any Policy that arises from the activities or products of ON Marine, or any insurance contract or Policy that is, or may in the future be, asserted to provide coverage for any of the aforementioned Claims, whether arising by contract, in tort or under the laws of any jurisdiction, including any statute that gives a third party a direct cause of action against an Federal.
Direct Action Claim means any Claim asserted or that could be asserted by any Person against any Insurer that arises from (i) the activities of Victory that give rise to the Settled Claims under the Policies, or (ii) Victory's alleged interests in or rights to coverage under the Policies, whether arising by contract, in tort or under the laws of any jurisdiction, including any statute that gives a third party a direct cause of action against an insurer.
Direct Action Claim means a claim brought against an Insurance Subsidiary in the ordinary course of the Insurance Subsidiary's business for damages allegedly caused by or to an insured of the Insurance Subsidiary, pursuant to the laws of a state which permits tort claims to be filed directly against an insurer (provided that such a claim shall not be considered a Direct Action Claim to the extent that it seeks recovery in excess of policy limits against the insurer or extra-contractual damages against the insurer).