Permanent Channeling Injunction definition

Permanent Channeling Injunction means the injunction set forth in Article 11.3(a) of the Parent’s Plan.
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Permanent Channeling Injunction means the injunction set forth in article 10.3(a) of the Plan.
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Permanent Channeling Injunction means an order or orders of the Bankruptcy Court or the District Court (which may be the Confirmation Order), issued pursuant to Section 524(g) of the Bankruptcy Code, expressly identifying the ACE Companies and Travelers as Protected Parties entitled to the benefits thereof, and permanently and forever staying, restraining, and enjoining any Entity from taking any action for the purpose of, directly or indirectly, collecting, recovering, or receiving payment of, on, or with respect to any Asbestos-Related Claim or Demand (other than actions or proceedings (i) brought to enforce any right or obligation under the Plan, any Exhibits to the Plan, or any other agreement or instrument between the Debtor or New Detrick and the Asbestos Trust, which actions shall be in conformity and compliance with the provisions hereof, (ii) excluded by the Plan from the injunctions and/or releases set forth in the Plan, or (iii) against, involving or related to any Excluded Person with respect to any Excluded Transaction) , including without limitation :
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Examples of Permanent Channeling Injunction in a sentence

  • In exchange for the foregoing payments, the Entrade Released Parties (as defined in the Entrade Settlement Agreement), including Entrade and its subsidiary Nationwide, are to receive an Asbestos Permanent Channeling Injunction pursuant to section 524(g) of the Bankruptcy Code.

  • Notwithstanding the above, the obligations of an Indemnifying Party with respect to Indemnity Losses arising from a breach of a representation, warranty or covenant (i) contained in Article V (other than Section 5.06) and in Article VI shall survive indefinitely without regard to the notice requirement set forth in the foregoing sentence and (ii) contained in Section 7.06 shall survive for so long as the Permanent Channeling Injunction (as such term is defined in the Plan) shall remain in effect.

  • In connection with the Confirmation Hearing, the District Court has jurisdiction under 11 U.S.C. § 524(g)(2) to enter the Asbestos Permanent Channeling Injunction contemplated by the Plan, and this Court may enter proposed findings and conclusions in regard to the Asbestos Permanent Channeling Injunction.

  • Pursuant to Section 524(g)(3)(A) of the Bankruptcy Code and 28 U.S.C. § 157(d), this Order constitutes this Court’s report to the District Court and this Court recommends that the District Court enter an order issuing and/or affirming this Order, including, without limitation, approving the Asbestos Permanent Channeling Injunction and the Supplemental Injunction.

  • The Plan and the Permanent Channeling Injunction shall provide that the Asbestos Personal Injury Trust shall protect, defend, indemnify and hold harmless, to the fullest extent permitted by applicable law, each Protected Party from and against any Asbestos Personal Injury Claim and any related damages.

  • Nothing in this Trust Agreement shall be construed in any way to limit or expand the scope, enforceability or effectiveness of the Opioid Permanent Channeling Injunction issued in connection with the Plan or the Hospital Trust’s assumption of all liability for Hospital Opioid Claims.

  • A Process for Assessment of Local Potential under ¶213 of the Discipline or a formal assessment initiated by the Annual Conference Legacy Team may be required to be completed prior to the holding of the church conference in order to assess whether the Local Church is a viable congregation.

  • Nothing in this section or any other section of this Trust Agreement shall be construed in any way to limit the scope, enforceability, or effectiveness of the Asbestos and Lead PI Permanent Channeling Injunction issued in connection with the Plan or the PI Trust's assumption of all liability with respect to Toxic Personal Injury Claims.

  • Notwithstanding the above, the obligations of an Indemnifying Party with respect to Indemnity Losses arising from a breach of a representation, warranty or covenant (i) contained in ARTICLE V (other than SECTION 5.06) and in ARTICLE VI shall survive indefinitely without regard to the notice requirement set forth in the foregoing sentence and (ii) contained in SECTION 7.06 shall survive for so long as the Permanent Channeling Injunction (as such term is defined in the Plan) shall remain in effect.

  • All Asbestos Personal Injury Claims will be subject to the Asbestos Permanent Channeling Injunction.