PI Claim definition

PI Claim means any NAS PI Claim or Non-NAS PI Claim.
PI Claim means any Claim against any Debtor for alleged opioid-related personal injury or other similar opioid-related claim or Cause of Action, including any opioid-related personal injury Claim or similar opioid-related Claim asserted by a NAS Child, and that is not a Third-Party Payor Claim, a NAS Monitoring Claim or a Claim held by a Domestic Governmental Entity.
PI Claim means a Chinese Drywall Claim asserted against a Debtor for personal injuries.

Examples of PI Claim in a sentence

  • PI Claim A claim held by an individual against a Debtor for harm arising out of the use of opioid products manufactured or sold prior to the Plan Effective Date, other than a Future Opioid PI Claim.

  • A NAS PI Claimant whose NAS PI Claim was reduced prior to the Petition Date to a settlement, judgment, or award (whether or not paid or otherwise discharged) against any Debtor shall be barred from receiving any Award under the NAS PI Trust Documents on account of such NAS PI Claim and shall not recover from the NAS PI Trust or any other PPOC Sub-Trust on account of such NAS PI Claim.

  • For the avoidance of doubt, in the event such NAS PI Claim is rejected, the Non-GUC Release granted or deemed to have been granted in connection with the Plan shall be unaffected and the enforceability, scope, and terms thereof shall remain in full force and effect.

  • Notwithstanding anything to the contrary herein or otherwise, in no event shall any Co-Defendant Claim (as defined in the Plan) be a NAS PI Claim.

  • For the avoidance of doubt, an Allowed NAS PI Claim does not include any claim for medical monitoring support or similar related relief.

  • Any distribution (a “Distribution”) from the NAS PI Trust on an Award (under the liquidation procedures of these NAS PI TDP) in respect of such NAS PI Claim, if any, shall be deemed to be a Distribution in satisfaction and conclusive resolution of such NAS PI Claim and such associated NAS PI Claims.

  • Notwithstanding anything set forth in this Article 9, in the event of an appeal of a NAS PI Claimant’s distribution or other assessment of such claimant’s NAS PI Claim, the enforceability, scope and terms of the Non-GUC Releases granted or deemed to have been granted by such claimant shall be unaffected and shall remain in full force and effect.

  • The following list sets forth the Qualifying Opioids as required to establish an Allowed PI Claim pursuant to section 4.2(c): Compound NDC (Labeler Prefix and Drug Code) Compound NDC (Labeler Prefix and Drug Code) (b) Evidence of Qualifying Opioid Products.

  • In other words, a PI Claimant who elects to liquidate his or her PI Claim in the tort system shall not be entitled to receive more than his or her pro-rata share of the value available for distribution to all PI Claims entitled to a recovery pursuant to these PI TDP.

  • Any Distribution from the PI Trust on an Award (under the liquidation procedures of these PI TDP) or a Final Judgment (for a PI Claimant who elects to liquidate a claim in the tort system) in respect of such PI Claim, if any, shall be deemed to be a Distribution in satisfaction and conclusive resolution of such PI Claim and such associated PI Claims.


More Definitions of PI Claim

PI Claim a claim for professional negligence against any Group Company in relation to any advice given or matter, fact or circumstance arising before Completion;