Receivership Proceedings definition
Examples of Receivership Proceedings in a sentence
The Circle Receiver acknowledges and agrees that all claims filed by the Circle Receiver on behalf of Circle Trust and himself in the Receivership Proceedings have been withdrawn and disallowed in their entirety with prejudice and expunged from the schedule or register of filed claims in the Receivership Proceedings.
The Receiver has been duly and validly appointed in the Receivership Proceedings as the rehabilitator of ELNY as that term is used in Article 74 of the New York Insurance Law.
All disputes or controversies arising out of this Agreement or the performance of any activities under this Agreement, and any dispute or controversy regarding the existence, construction, validity, interpretation, enforceability or breach of this Agreement between the Parties, which the Parties are unable to resolve themselves, shall be referred to the Court for resolution by application made in the Receivership Proceedings or such other proceedings initiated before the Court.
The Parties acknowledge and agree that all respective rights, powers, defenses and remedies of each Party in respect of the Receivership Proceedings are hereby reserved.
Consistent with this Liquidation Plan, the Commissioner, the Receiver, NOLHGA, the Participating Guaranty Associations, American Capitol and Texas Imperial preserve any and all claims against Statesman and the Statesman Estate, including claims as creditors in the Receivership Proceedings.