Private Actions definition
Examples of Private Actions in a sentence
The Private Actions Trustee shall notify the Private Actions Trust Beneficiaries of the convention adopted promptly after such adoption.
This Private Actions Trust Agreement is intended to create a liquidating trust for federal income tax purposes and, to the extent provided by law, shall be governed and construed in all respects as such a trust and any ambiguity herein shall be construed consistent herewith and, if necessary, this Private Actions Trust Agreement may be amended in accordance with Section 10.1 to comply with such federal income tax laws, which amendments may apply retroactively.
This Private Actions Trust Agreement, the Plan and the Confirmation Order supersede all prior and contemporaneous agreements, understandings, negotiations, discussions, written or oral, of the parties hereto, relating to any transaction contemplated hereunder.
Upon the transfer of the Contributed Non-Estate Causes of Action, the Private Actions Trustee shall succeed to all of the Grantors’ right, title and interest in and to the Contributed Non-Estate Causes of Action and the Grantors will have no any further interest in or with respect to the Contributed Non-Estate Causes of Action or the Private Actions Trust.
Except as otherwise set forth in the Private Actions Trust or in the Plan, no Person dealing with the Private Actions Trust shall be obligated to inquire into the authority of the Private Actions Trustee in connection with the protection, conservation or disposition of the Contributed Non-Estate Causes of Action.
This agreement provides funding for a Mental Health Specialist staff position and subcontracted mental health services for students within the Mount Baker School District, as more fully and definitively described in Exhibit A hereto.
The Private Actions Trustee shall not be responsible in any manner whatsoever for the correctness of any recital, statement, representation, or warranty herein, or in any documents or instrument evidencing or otherwise constituting a part of the Private Actions Trust assets.
The Private Actions Trustee may rely upon this Register for the purposes of delivering distributions or notices.
A secondary purchaser of a Non-Estate Cause of Action may participate in the Private Actions Trust only if such purchaser has received a lawful and valid assignment of such Non-Estate Causes of Action from the original holder of such Causes of Action and has elected to assign such Non-Estate Causes of Action to the Private Actions Trust.
The Private Actions Trustee shall, on a regular basis, inform the Trust Oversight Committee of actions that the Private Actions Trustee is pursuing and is planning to pursue in connection with the discharge of the Private Actions Trustee's duties.