Exculpated Persons definition

Exculpated Persons means the Trust Company (except with respect to the representations and warranties and the other obligations of the Trust Company pursuant to the Operative Agreements expressly undertaken in its individual capacity, including without limitation the representations and warranties of the Trust Company pursuant to Section 6.1 of the Participation Agreement, the obligations of the Trust Company pursuant to Section 8.2 of the Participation Agreement and the obligations of the Trust Company pursuant to the Trust Agreement), the Holders (except with respect to the obligations of the Holders pursuant to the Participation Agreement and the Trust Agreement expressly undertaken in their respective individual capacities), their officers, directors, shareholders and partners.

Exculpated Persons means the Lessor (except with respect to the representations and warranties and the other obligations of the Lessor pursuant to the Operative Agreements solely with regard to the provision of Lessor Advances), the Borrower, and their respective successors, assigns, trustees, officers, directors, shareholders, partners, employees, agents and Affiliates.

Exculpated Persons has the meaning stated in Section 1.14(a).

Examples of Exculpated Persons in a sentence

• The Exculpated Persons shall have no liability to any Creditors or Equity Security Holders for actions taken under the Plan, in connection therewith or with respect thereto in good faith, including, without limitation, failure to obtain Confirmation of the Plan or to satisfy any condition or condition, or refusal to waive any condition or conditions, precedent to Confirmation or to the occurrence of the Effective Date.

• The Exculpated Persons shall have no liability to any Creditors or Equity Security Holders for actions taken under the Plan, in connection therewith or with respect thereto in good faith, including, without limitation, failure to obtain Confirmation of the Plan or to satisfy any condition or conditions, or refusal to waive any condition or conditions, precedent to Confirmation or to the occurrence of the Effective Date.

• In place of assuming that a player’s preferences are linear (or strict) orders, i.e. rankings which do not allow for indifference, which the chairman’s paradox is based upon, we will assume them to allow for indifference,i.e. preferences are weak (or pre-) orders.

• All Exculpated Persons as well as all entities receiving any distribution under this Plan of Reorganization shall be enjoined and precluded from asserting against the Exculpated Persons or their respective properties or interests in property any other Claims based upon liability exculpated pursuant to the preceding sentence.

• The Exculpated Persons shall have no liability to any Person for actions taken under the Plan, in connection therewith, or with respect thereto, in good faith, including, without limitation, failure to obtain confirmation of the Plan or to satisfy any condition or conditions, or refusal to waive any condition or conditions precedent to confirmation or to the occurrence of the Effective Date.

More Definitions of Exculpated Persons

Exculpated Persons means the Borrower, the Holders, the Lessor, their officers, directors, shareholders and partners.

Exculpated Persons means the Lessor Parties (except with respect to the representations and warranties and the other obligations of the Lessor Parties pursuant to the Operative Agreements expressly undertaken in their respective individual capacities, including the representations and warranties of the Lessor Parties pursuant to Section 6.2 of the Participation Agreement and the obligations of the Lessor Parties under Section 8.2 of the Participation Agreement) and their respective Affiliates, successors, assigns, shareholders, members, managers, partners, agents, officers, directors or employees.

Exculpated Persons has the meaning set forth in Section 9.14 of the Credit Agreement.

Exculpated Persons means: (a) each of the Debtors; (b) directors, officers and employees of the Debtors, as of the Petition Date but prior to the Effective Date; (c) Charlesbank; (d) the Buyer Parties; (e) the Committee and its members (solely in their capacity as Committee members); and (f) the respective current and former officers, directors, employees, agents, stockholders, managers, members, affiliates, partners, advisors, attorneys and professionals of the parties identified in subclauses (a) through (d).

Exculpated Persons means to the maximum extent permitted by the Bankruptcy Code and applicable law, the Real Property Buyer and its members , attorneys, and advisors, the Debtor, its officers, directors, trustees, employees, advisors, members of its National Leadership Council, attorneys or agents acting in such capacity on or after the Petition Date.

Exculpated Persons shall have the meaning assigned to such term in Section 11.8.

Exculpated Persons means (a) the Reorganized Debtors, Newco, all past, present and future holders of DIP Claims, all past, present and future holders of Senior Secured Claims (other than those beneficially owned or controlled directly, indirectly or by participation by entities or Affiliates of entities that serve or have served on Entertainment's board of directors), Chase, Toy Biz, the New Investors, the Creditors Committee, all members of the Creditors Committee, Affiliates (in each case exclusive of Marvel Holdings, Inc., Marvel (Parent) Holdings Inc. and Marvel III Holdings Inc. or any of their direct or indirect parents) of any of the foregoing, the Trustee and all officers, directors, employees, shareholders, limited liability entity members, partners, consultants, advisors, investment bankers, attorneys, accountants or other representatives or agents of any of the foregoing acting as such, and (b) the Debtors.