Securities Claims definition

Securities Claims has the meaning ascribed to that term in Section 5(b) hereof.

Securities Claims means (i) any Claim arising from rescission of a purchase or sale of Old Common Stock or for damages arising from the purchase or sale of Old Common Stock, or (ii) any Claim for indemnity, reimbursement, or contribution on account of any such Claim.

Securities Claims means Claims of the type described in, and subject to subordination under, section 510(b) of the Bankruptcy Code, including any and all Claims whatsoever, whether known or unknown, foreseen or unforeseen, currently existing or hereafter arising, arising from rescission of a purchase or sale of a security of the Debtors or an affiliate of the Debtors, for damages arising from the purchase, sale or holding of such securities, or for reimbursement, indemnification or contribution allowed under section 502 of the Bankruptcy Code on account of such a Claim.

Examples of Securities Claims in a sentence

• Based on the adjusted Unit Issuance Percentages, the Liquidating Trust shall cause to be calculated the GMACM Debtors Unit Distribution and the GMACM Debtors Unit Issuance Ratio; the ResCap Debtors Unit Distribution and the ResCap Debtors Unit Issuance Ratio; the RFC Debtors Unit Distribution and the RFC Debtors Unit Issuance Ratio; and the Private Securities Claims Trust Unit Distribution.

• Without limiting the foregoing, the Liquidating Trust Manager in its capacity as trustee of the Private Securities Claims Trust and its related Covered Parties shall be indemnified by the Liquidating Trust against Liabilities relating to or arising out of the operation of the Private Securities Claims Trust in the manner set forth in this Section 11.2 mutatis mutandis.

• The PSC Trust shall be established for the sole purpose of distributing the Private Securities Claims Trust Unit Distribution and the proceeds thereof, with no objective to continue or engage in the conduct of a trade or business.

• Holders of Securities Claims shall not receive or retain any interest or property under the Plan on account of such Claims.

• Notes Claims; (b) JSN Claims; (c) RMBS Trust Claims; (d) Monoline Claims; (e) Private Securities Claims; or (f) Intercompany Claims.

More Definitions of Securities Claims

Securities Claims means any claims and Causes of Action arising from the Securities Litigation.

Securities Claims means, collectively, the Class Action Claims and Creditors' Securities' Fraud Claims.

Securities Claims means all Allowed Claims (a) arising from rescission of a purchase or sale of a security of Debtor or an affiliate of Debtor, (b) for damages arising from the purchase or sale of a such a security, or (c) for reimbursement or contribution allowed under Bankruptcy Code Section 502 on account of such a claim.

Securities Claims means any and all claims (as defined in section 101(5) of the Bankruptcy Code) against the Company for fraud, misrepresentation, rescission, reimbursement, contribution, indemnification, or damages arising from, under, or in connection with (a) all agreements entered into by the Company in connection with the issuance of any equity security (as defined in section 101(16) of the Bankruptcy Code) of the Company or of American Bank Note Holographics, Inc. ("ABNH") and (b) the purchase or sale of any equity security of the Company or ABNH.

Securities Claims means, collectively, the ABN Securities Claims and the ABNH Securities Claims.

Securities Claims means any Claim threatened or brought against Holding Company or Seller or any of their officers or directors by or on behalf of any shareholder of Holding Company.

Securities Claims has the meaning set forth in Section 21(b).