Retained Rights of Action definition

Retained Rights of Action means all Rights of Action belonging to any of the Estates as of the Effective Date, other than those Rights of Action specifically released under the Committee’s Plan, including Avoidance Claims released pursuant to Article IX(C) hereof.

Retained Rights of Action means all Rights of Action belonging to the Debtor as of the Effective Date, including, without limitation, Avoidance Claims (including those disclosed in the Schedules), but excluding those Rights of Action specifically released under the Plan. The Retained Rights of Action include, without limitation, any and all rights of the Debtor to pursue any Rights of Action against third parties disclosed or referenced in the Schedules.

Retained Rights of Action means any claims, demands, rights, and causes of action that the Debtor or its Estate may hold against any Person that are not transferred or assigned under the Plan to the Talc Personal Injury Trust, including: (a) any Recovery Actions; (b) any right of contribution, reimbursement, subrogation, or indemnification, or similar rights, that the Debtor has against any Person in respect of Talc Personal Injury Claims under contract or applicable law (other than, if the provisions of Section 4.9.3 and Section 5.9.1 are applicable, the Imerys/Cyprus Related Rights); and

Examples of Retained Rights of Action in a sentence

• The Reorganized Debtors shall confer with the Creditor Trust Monitoring Committee (as defined in Article V.B.1 hereof), regarding any major developments in the prosecution of the Audit Committee Report Retained Rights of Action.

• The definition of Audit Committee Report Retained Rights of Action in Article I.

• The Reorganized Debtors shall establish a Cash reserve for all Disputed Class 6A Claims relating to the Audit Committee Report Retained Rights of Action Litigation Proceeds, but such reserves shall only be established from any such proceeds collected, if any.

• So long as there are sufficient proceeds to distribute, and after reserving funds for Disputed Claims, at least once a year the Disbursing Agent, in its sole and absolute discretion, shall make distributions of the Audit Committee Report Retained Rights of Action Litigation Proceeds and the Committee's Fraudulent Transfer Actions Litigation Proceeds until all such proceeds are collected and distributed.

• The Retained Rights of Action may be asserted or prosecuted before or after solicitation of votes on the Committee’s Plan or before or after the Effective Date.

• In accordance with section 1123(b) of the Bankruptcy Code, the Reorganized Debtors will retain and may exclusively enforce any Retained Rights of Action and the Confirmation Order shall be deemed a res judicata determination of such rights to retain and exclusively enforce such Retained Rights of Action.

• The Reorganized Debtors may commence, prosecute, defend against, recover on account of, and settle all Reserved Rights of Action and Audit Committee Report Retained Rights of Action in their sole discretion in accordance with what is in the best interests, and for the benefit, of the Reorganized Debtors.

More Definitions of Retained Rights of Action

Retained Rights of Action mean all causes of action and chose in actions of Seller arising under Sections 544, 545, 546, 547, 548, 549 and 550 of the Bankruptcy Code; provided, however, that “Retained Rights of Action” shall not include any causes of action, chose in actions, rights, claims, lawsuits, causes of action, rights of recovery, rights of set off, rights of recoupment, refunds, demands, defenses, judgments, accounts, rights, claims, powers or privileges that relate to or are associated with the Purchased Assets.

Retained Rights of Action means all Rights of Action belonging to the applicable Debtor as of the Effective Date, including, without limitation and as applicable, Avoidance Claims (including those disclosed in the Schedules), but excluding those Rights of Action specifically released under the Plan or transferred under the Beach Point Purchase Agreement or any Bankruptcy Court-approved overbid. The Retained Rights of Action include, without limitation, any and all rights of the Debtors to pursue any Rights of Action against (a) any third parties, whether or not pending and whether or not disclosed or referenced in the

Retained Rights of Action means all Rights of Action belonging to the applicable Debtor as of the Effective Date, including, without limitation and as applicable,

Retained Rights of Action has the meaning specified in Section 2.2(c).

Retained Rights of Action means all Rights of Action belonging to each Debtor as of the Effective Date, including, without limitation, Avoidance Claims (including those disclosed in the Schedules), but excluding those Rights of Action specifically released under the Plan or subject to the exculpation provisions of the Plan. The Retained Rights of Action include, without limitation, any and all rights of the Debtors to pursue any Rights of Action against third parties disclosed or referenced in the Schedules and/or listed in the Plan Supplement, subject to the provisions of the PBGC Settlement Agreement and excluding those Rights of Action specifically released under the Plan or subject to the exculpation provisions of the Plan, including, for the avoidance of doubt, those Rights of Action released or exculpated, as applicable, pursuant to Article X hereof.