Insurance Entity Injunction definition

Insurance Entity Injunction means the injunction described in ArticleX.H.
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Insurance Entity Injunction means the injunction described in Article X.H.
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Insurance Entity Injunction means the injunction described in Section 12.3.2 of the Plan.
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Examples of Insurance Entity Injunction in a sentence

  • The Plan, in its current form, seeks to extinguish the Church’s rights under the BSA and Local Council insurance policies in the context of a Global Resolution Plan, which applies the Insurance Entity Injunction and would enjoin the Church from collecting policy proceeds from any Insurance Entity (whether or not it is a settling party).

  • The Insurance Entity Injunction is to be implemented in connection with the Settlement Trust and shall be in full force and effect on and after the Effective Date as set forth in the Plan.The terms of the Discharge Injunction, the Channeling Injunction, the Release Injunctions, and the Insurance Entity Injunction, including any provisions barring actions against third parties, are set out in conspicuous language in the Plan and in the Disclosure Statement.

  • Plan of Reorganization, which is attached as Exhibit A to this Fifth Amended and Restated Disclosure Statement, contains the Asbestos PI Channeling Injunction, the Settling Asbestos Insurance Entity Injunction, the Non-Settling Asbestos Insurance Entity Injunction, the Confidentiality Injunction and the Dividend Injunction.

  • Pursuant to the exercise of the equitable jurisdiction and power of the Court under Bankruptcy Code § 105(a), the Confirmation Order shall provide for issuance of the Asbestos Insurance Entity Injunction to take effect as of the Effective Date.

  • Pursuant to the Channeling Injunction, the Insurance Entity Injunction and the other protections in the Plan, the Protected Parties shall not be made parties to any Insurance Action.

  • Any right, Claim or cause of action that an Asbestos Insurance Entity would have been entitled to assert under applicable non-bankruptcy law against any Settling Asbestos Insurance Entity but for the Settling Asbestos Insurance Entity Injunction will be treated solely as a setoff claim against the Asbestos PI Trust.

  • We request that you immediately cease taking such actions and advise us no later than Friday, May 5, 2023, that you and your client intend to comply with the Insurance Entity Injunction.

  • In reality, merger negotiations typically last for some time and, announced bids may be withdrawn during the course of negotiations.

  • Notwithstanding anything to the contrary in the foregoing provisions of Section VI(D)(1) of this Confirmation Order and §8.4.1.1 of the Plan, the Asbestos Insurance Entity Injunction shall not enjoin an insurer from asserting any claim for contribution against any other insurer that is not a Settled Asbestos Insurance Company.

  • As Debtors have previously admitted that beginning in approximately 1976, chartered organizations were additional insureds in Boy Scouts insurance policies, their disposition or attempted disposition of Archbishop of Agana’s interests in these insurance policies (including via Hartford settlement, Insurance Entity Injunction, TDP) appears to violate the automatic stay imposed in the Guam bankruptcy action.


More Definitions of Insurance Entity Injunction

Insurance Entity Injunction means the injunction described in Section 11.3.2.
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Related to Insurance Entity Injunction

  • Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.

  • Property Insurance is defined in Section 6.10(a).

  • Insurance Company The Transferee is an insurance company whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies and which is subject to supervision by the insurance commissioner or a similar official or agency of a state, U.S. territory or the District of Columbia.

  • Insurance Subsidiary means any Subsidiary that is licensed by any Applicable Insurance Regulatory Authority to conduct, and conducts, an Insurance Business.

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.