ESL Parties definition

ESL Parties means Edward S. Lampert, ESL Investments, Inc., ESL Partners, LP, ESL Institutional Partners, LP, SPE Master I, LP, SPE I Partners, LP, ESL Investors, LLC, RBS Partners, LP, CRK Partners, LLC, RBS Investment Management, LLC, and “ESL Party” means any one of them;
ESL Parties means (a) ESL, (b) ESL Partners, L.P., (c) JPP, LLC, (d) JPP II, LLC, (e) Edward S. Lampert, (f) Kunal S. Kamlani, (g) RBS Partners LP, CRK Partners LLC, SPE Master I, ESL Partners L.P., SPE Partners I, RBS Investment Management LLC, ESL Institutional Partners L.P., and any other entity managed or advised by ESL that at any time has held directly or indirectly equity interests in or debt claims against the Debtors, (h) and with respect to any Entity in the foregoing clauses (a) through (g), any of their respective directors, officers, employees, family members, heirs, executors, estates, investors, beneficiaries, affiliates or subsidiaries (other than any of the Debtors), in such capacities, in any capacity associated with the Debtors at any time, and in their individual capacities; provided, that Thomas J. Tisch shall not be an ESL Party in his capacity as a director of the Debtors.
ESL Parties means Sears Holdings Corporation and its affiliates, ESL Investments Inc., ESL Partners, LP, SPE I Partners, LP, SPE Master I, LP, ESL Institutional Partners, LP, Edward S. Lampert and any other Person (other than a Director or Officer) against whom a claim is made under the LT/TUV Litigation, the Dealer 2013 Dividend Claim, or by or on behalf of the Pension Plan Administrator or the beneficiaries of the Pension Plan under the Pension 2013 Dividend Claim, and “ESL Party” means any one of them;

Examples of ESL Parties in a sentence

  • The settlement has been made on the basis that none of the allegations against the Named ESL Parties have been proven.

  • At the proper time, the ESL Parties intend to defend vigorously against these claims, and they reserve their rights to move to strike the intended actions once commenced.

  • It is not clear to the ESL Parties which entity or entities provided information to the Litigation Investigator.

  • Following the granting of court approval of the ESL Parties Settlement, the parties would release a joint public statement.

  • Leave must be taken within 30 days of the death of an immediate family member and leave days do not have to be taken at the same time.

  • As pldeead, the ESL Parties did not know, and ought not reasonably to have known, that the declaration and payment of2t0h1e3 dividendconstituted a brecah of the fiduciary duties the idrectors owed to SCIM.

  • Despite their overarching concerns, the ESL Parties recognize that these motions are not the appropriate forum for a determination on the legal and factual infirmities in the causes of action that are vaguely alleged against the Proposed Defendants.

  • In these circumstanc,egsranting a remedy in oppression against the ESL Parties would be inequitable.

  • For all the above reasons, the ESL Parties request that this Court decline to impose the Litigation Investigator’s proposed Protocol.

  • The Named ESL Parties will pay to the Plaintiffs the amount of$22,500,000 (as defined and described below) (the “Settlement Funds”) in full and final satisfaction of all claims arising from or related to or that could have been asserted in the Dividend Claims (the “Released Claims”).


More Definitions of ESL Parties

ESL Parties means (a) ESL, (b) ESL Partners, L.P., (c) JPP, LLC, (d) JPP II, LLC, (e) Edward S. Lampert, (f) Kunal S. Kamlani, (g) RBS Partners LP, CRK Partners LLC, SPE Master I, ESL Partners L.P., SPE Partners I, RBS Investment Management LLC, ESL Institutional Partners L.P., and any other entity managed or advised by ESL that at any time has held directly or indirectly equity interests in or debt claims against the Debtors, (h) and with respect to any Entity in the foregoing clauses (a) through (g), any of their respective directors, officers, employees, family members, heirs,

Related to ESL Parties

  • Local Parties shall be defined as the Board or the local OSSTF/FEESO bargaining unit party to a collective agreement.

  • Investor Parties has the meaning set forth in the Preamble.

  • Selling Parties shall have the meaning specified in the preamble.

  • Financing Parties means Parties financing the Project, pursuant to Financing Documents.

  • Transaction Parties As defined in Section 5.3(o).

  • Parties has the meaning set forth in the Preamble.

  • Settling Parties means the Defendants and the Class Representatives, on behalf of themselves, the Plan, and each of the Class Members.

  • Seller Parties has the meaning set forth in the preamble to this Agreement.

  • Bank Parties means Administrative Agent and the Banks.

  • Parent Parties means Parent and Merger Sub.

  • Purchaser Parties means, collectively, the Purchasers and any of their respective former, current or future directors, officers, employees, agents, general or limited partners, managers, members, stockholders, Affiliates or assignees or any former, current or future director, officer, employee, agent, general or limited partner, manager, member, stockholder, Affiliate or assignee of any of the foregoing.

  • Buyer Parties has the meaning set forth in the Preamble.

  • Covered Parties has the meaning set forth in Section 6.7(a).

  • Licensee Parties has the meaning ascribed to such term in Section 5.1.

  • Releasing Parties means Plaintiffs and all Settlement Class Members, and each of their respective executors, representatives, heirs, predecessors, assigns, beneficiaries, successors, bankruptcy trustees, guardians, joint tenants, tenants in common, tenants by entireties, agents, attorneys, and all those who claim through them or on their behalf.

  • Party/Parties means Buyer and Seller individually/collectively.

  • Contracting Parties has the meaning set forth in Section 9.14.

  • Warrantors means the Founders, the Founder Holdcos and the Group Companies.

  • Note Parties means, collectively, the Issuer and each Guarantor.

  • Backstop Parties means those parties that agree to backstop the Rights Offering pursuant to the Backstop Commitment Letter, each in its respective capacity as such.

  • Contractor Parties means a Contractor’s members, directors, officers, shareholders, partners, managers, principal officers, representatives, agents, servants, consultants, employees or any one of them or any other person or entity with whom the Contractor is in privity of oral or written contract (e.g. subcontractor) and the Contractor intends for such other person or entity to perform under the Contract in any capacity. For the purpose of this Contract, vendors of support services, not otherwise known as human service providers or educators, shall not be considered subcontractors, e.g. lawn care, unless such activity is considered part of a training, vocational or educational program.

  • Parent Representatives has the meaning set forth in Section 5.2(a).

  • Sponsor Parties means Sponsor, Vendor, and Utility, their respective successors and assigns, and each of their respective affiliates, agents, directors, officers, and employees.

  • Company Parties means the collective reference to Holdings and its Restricted Subsidiaries, including the Borrower, and “Company Party” means any one of them.

  • Exculpated Parties shall have the meaning set forth in Section 13.1 hereof.

  • Parent Indemnified Parties has the meaning set forth in Section 9.2(a).