Professional Liability Action definition

Professional Liability Action means any claims asserted against Proskauer Rose LLP and certain individual defendants in connection with certain credit agreements and the tax consequences of those agreements under Section 956 of the Internal Revenue Code that are the subject of adversary proceeding 13-52492 (Bankr. D. Del.) and the action captioned Overseas Shipholding Group, Inc. v. Proskauer Rose, LLP, et al., Index No. 650765/2014 (N.Y. Sup. Ct.) and any such claim which may be asserted in any other proceeding against Proskauer Rose LLP or its current or former partners or members by the Debtors (as defined in the Order).
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Professional Liability Action has the meaning set forth in the form of Warrant Certificate attached as Exhibit A hereto.
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Professional Liability Action means any claims asserted by the Debtors (as defined in the Plan) against Proskauer Rose LLP and certain individual defendants in connection with certain credit agreements and the tax consequences of those agreements under Section 956 of the Internal Revenue Code that are the subject of adversary proceeding 13-52492 (Bankr. D. Del.) and the action captioned Overseas Shipholding Group, Inc. v. Proskauer Rose, LLP, et al., Index No. 650765/2014 (N.Y. Sup. Ct.) and any such claim which may be asserted by the Debtors in any other proceeding against Proskauer Rose LLP or its current or former partners or members by the Debtors.
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Examples of Professional Liability Action in a sentence

  • Each share of Class B Common Stock shall be automatically converted into a share of Class A Common Stock on the 10th business day (the “Mandatory Conversion Date”) after both a final order entering judgment for or against the defendants in the Professional Liability Action and the distribution of the Aggregate Available Distribution to the holders of Class B Securities.

  • If yes, please complete Attachment A, Professional Liability Action Detail, for each past or current claim and/or lawsuit.

  • Completed Professional Liability Action Detail, if not previously obtained through National Practitioner Data Bank (NPDB) g.

  • No. C-48- CV-2005-259 Order of CourtAnd Now , this 13th day of J anuary, 2005, Northampton County Rule of Civil Procedure N1042.21 (Mediation of Medical Professional Liability Action s) is hereby adopted as follows.

  • If yes, please complete Attachment B, Professional Liability Action Detail, for each past or current claim and/or lawsuit.

  • When all Disputed Claims against any Debtor or Reorganized Debtor either have become Allowed or have been disallowed by Final Order, and no contested matter (including, without limitation, the Professional Liability Action) remains outstanding, the Reorganized Debtors shall ask the Bankruptcy Court to close the applicable Debtor’s Chapter 11 Case in accordance with the Bankruptcy Code and the Bankruptcy Rules.

  • If you answer “Yes,” please provide detailed information on the enclosed Professional Liability Action Explanation Form.

  • YES NO M.Have any professional liability claims or lawsuits ever been closed and/or filed against you?If yes, please complete Attachment A, Professional Liability Action Detail, for each past or current claim and/or lawsuit.

  • If yes, please complete Attachment A, Professional Liability Action Detail, for each past or current claim and/orlawsuit.

  • YES NO N.Have any professional liability claims or lawsuits ever been closed and/or filed against you?If yes, please complete Attachment A, Professional Liability Action Detail, for each past or current claim and/or lawsuit.

Related to Professional Liability Action

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • Personal liability means personal liability for a debt, liability, or other obligation of an organization which is imposed on a person that co-owns, has an interest in, or is a member of the organization:

  • Legal Liability means responsibility which courts recognize and enforce between persons who sue one another.

  • General Liabilities shall have the meaning given it in Article III, Section 6(b) of this Declaration of Trust;

  • Claims-made coverage means an insurance contract or provision limiting

  • Third Party Liability means both of the following:

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • General Liability means:Your legal liability in respect of Personal Injury and/or Property Damage and/or Advertising Injury caused by or arising out of an Occurrence happening in connection with the Business other than Products Liability.

  • First party insurance means an insurance policy or contract in which the insurer

  • Group health insurance coverage means in connection with a group health plan, health insurance

  • Indemnifiable Liabilities and "Indemnifiable Amounts" shall have the meanings ascribed to those terms in Section 3(a) below.

  • Medical malpractice insurance means insurance against legal liability incident to the practice and provision of a medical service other than the practice and provision of a dental service.

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • Products Liability means:Your legal liability in respect of Personal Injury and/or Property Damage caused by or arising out of any Products or the reliance upon a representation or warranty made at any time with respect to such products; but only where such Personal Injury and/or Property Damage occurs away from premises owned or leased by or rented to You and after physical possession of such products has been relinquished to others.

  • BRRD Liability means a liability in respect of which the relevant Write Down and Conversion Powers in the applicable Bail-in Legislation may be exercised.

  • Employee Liability Information means the information which a transferor is obliged to notify to a transferee pursuant to Regulation 11(2) of TUPE regarding any person employed by him who is assigned to the organised grouping of resources or employees which is the subject of a relevant transfer and also such employees as fall within Regulation 11(4) of TUPE;

  • Adverse employment action means an action that affects an em- ployee ’s compensation, promotion, transfer, work assignment, or performance evaluation, or any other employment action that would dissuade a reasonable employee from making or supporting a report of abuse or neglect under Family Code 261.101.

  • Medical malpractice judgment means any final order of any court entering judgment against a

  • Exculpation means the exculpation provision set forth in Article X.D hereof.

  • Claims Made Policies has the meaning set forth in Section 5.01(b).

  • Financially Literate means the ability to read and understand a set of financial statements that present a breadth and level of complexity of accounting issues that are generally comparable to the breadth and complexity of the issues that can reasonably be expected to be raised by the Corporation’s financial statements.

  • HITECH Act means the Health Information Technology for Economic and Clinical Health Act, TitleXIII, Subtitle D, Part 1 & 2 of the American Recovery and Reinvestment Act of 2009.

  • Health insurance carrier or "carrier" means any entity subject to the insurance

  • AND LIABILITY LIMITS State Street shall assume no responsibility for lost interest with respect to the refundable amount of any unauthorized payment order, unless State Street is notified of the unauthorized payment order within thirty (30) days of notification by State Street of the acceptance of such payment order. In no event shall State Street be liable for special, indirect or consequential damages, even if advised of the possibility of such damages and even for failure to execute a payment order.

  • Third Party Action has the meaning set forth in Section 9.2.

  • Health insurance coverage means benefits consisting of medical care (provided directly, through