MCC Entities definition

MCC Entities means MCC Securities Inc. an exempted company limited by shares, organized under the laws of the Cayman Island; MCC Asesorías Internacionales Limitada, a limited liability company (sociedad de responsabilidad limitada) organized under the laws of Chile; and Munita, Cruzat y Claro S.A. Corredores de Bolsa, a corporation (sociedad anónima) organized under the laws of Chile.

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MCC Entities. MCC Entity," "Medallion Collateral," "Medallion Loans," "Medallion Loan Agreement," "Monthly Settlement Report," "MRP+ Payoff Amount," "MRP+ Program," "MRP+ Program Documents," "MRP+ Program Recoveries," "Obligor," "Other Related Person," "Outstanding Balance," "Person," "Pledged Collateral," "Receivables Schedule," "Remittance Period," "Reporting Date," "Required Lenders," "Secured Obligations," "Secured Parties," "Secured Party," "Servicer," "Servicer Default," "Servicing Agreement," "Settlement Date," "Solvent," "State," "Sub‑Servicer," "Subsidiary," "Supplemental Loan Deficiency Guaranty," "Taxes," "Transaction Documents" and "UCC") shall have the meanings assigned to them in the Loan Agreement.

MCC Entities means (a) MCC and Crane and each of their respective present corporate subsidiaries listed on Exhibit K attached hereto, and (b) MCC and Crane and each of their respective past corporate subsidiaries and/or past affiliates listed on Exhibit K attached hereto, to the extent any such past corporate subsidiaries and/or affiliates have, or may be alleged to have, any liability, whether direct or indirect, on account of an Asbestos Claim.

Examples of MCC Entities in a sentence

• Each of the MCC Entities and the MCC Settlement Trust hereby release the Claimants Representative Committee and each Claimants Representative Committee Member from any and all activities in connection with negotiation, execution and delivery, but not enforcement, of this MCC Settlement Trust Agreement and the Master Settlement Agreement.

• Each of the Claims Reviewer and the Secondary Claims Reviewer has the power and duty to retain any and all Claims Packages, Powers of Attorney, and Releases received, and to provide in a timely fashion any information reasonably requested by the MCC Entities for insurance purposes, including, but not limited to, the MCC Entities’ efforts to pursue insurance claims and/or to respond to reasonable information requests from insurers relating to Asbestos Claims.

• Third Party Release… Customary consensual third party release in which, to the full extent provided by law, the Releasing Parties each shall release each of the MCC Entities, each Releasing Party and each of their respective affiliates and representatives, and entry of an order confirming the Plan shall constitute a Rule 9019 approval of the Third Party Release.

• The Claimants Representative Committee and each Claimants Representative Committee Member hereby release the MCC Entities and the MCC Settlement Trust from any and all activities in connection with the negotiation, execution and delivery, but not enforcement, of this Master Settlement Agreement and the MCC Settlement Trust Agreement.

• The Parties agree that the Settlement Amounts being offered as a compromise of the claims and allegations of MCC and/or the other MCC Entities on the one hand, and the Asbestos Claimants on the other hand, shall not be construed as an admission of liability by MCC and/or any other MCC Entity, or an admission of any facts or allegations related to the subject matter of this Master Settlement Agreement on the part of any Party hereto.

• Furthermore, by agreeing to pay Asbestos Claims of Qualified Claimants based, in part, upon medical documentation of an alleged asbestos-related disease, the MCC Entities do not accept, agree with, or endorse the physician’s or medical technician’s opinions, conclusions, qualifications, expertise, or analytical processes.

• Compromise and Settlement… Customary compromise and settlement provisions between (i) the Debtor and Crane; (ii) the Debtor and the MCC Entities; (iii) Crane and the other MCC Entities; (iv) the Debtor and the Releasing Parties; (v) Crane and third parties; (vi) the MCC Entities and the Releasing Parties; and (vii) each Releasing Party and each other Releasing Party (in each foregoing case to the extent set forth in the third party release).

• Each of the MCC Entities and the MCC Settlement Trust hereby release the Claimants Representative Committee and each Claimants Representative Committee Member from any and all activities in connection with negotiation, execution and delivery, but not enforcement, of this Master Settlement Agreement and the MCC Settlement Trust Agreement.

• Limitation on Assumption of Liability Under the Plan… Except as otherwise expressly provided in the Plan, the Debtors, the Reorganized Debtors, the MCC Entities, the MCC Section 524(g) Trust and the other Asbestos Protected Parties will not assume, agree to perform, pay, or indemnify creditors for any liabilities or obligations of the Debtors or the other MCC Entities.

• Each Law Firm Representative, on behalf of its respective Participating Claimants, further covenants and agrees that it shall provide the MCC Entities copies of such reasonable documentation upon written request.

More Definitions of MCC Entities

MCC Entities have the meanings set forth in the Master Settlement Agreement.

MCC Entities means the Debtor-affiliated Entities identified on Exhibit A attached to this Term Sheet and such additional Entities, if any, upon which the Debtors, Crane, the Future Claimants Representative and the Claimants Representative Committee shall agree.

MCC Entities. MCC Entity," "Medallion Loans," "MRP+ Program," "Organizational Documents," "Person," "Pledged Collateral," "Representatives," "Secured Parties," "Secured Party," "Solvent," "Sub-Servicer," "Sub-Servicing Agreement," "Subsidiary," "Taxes" and "Transaction Documents") shall have the meanings assigned to them in the Loan Agreement.

MCC Entities means, collectively, each of, and "MCC Entity" means any of, the Borrower, DPA 1 (individually, and as Servicer and Seller) and MCC.