Examples of Talc Personal Injury Trust in a sentence
The Trust has established Medical/Exposure Criteria in recognition of the unique and widespread consumer and commercial nature of the use of Imerys Talc and Imerys Talc containing products and in recognition of the limited Talc Personal Injury Trust Assets.
The Talc Personal Injury Trust will take ownership of the Talc Personal Injury Trust Assets upon the Effective Date, which it will use to resolve the Talc Personal Injury Claims.
Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered Common Stock, $0.01 par value per share NAII Nasdaq Stock Market Indicate by check mark whether NAI (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that NAI was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
In all events, the Talc Personal Injury Trust Assets or any other assets to be transferred to the Talc Trust under the Plan will be transferred to the Talc Trust free and clear of any liens or other claims by the Debtors, the Reorganized Debtors, the other Protected Parties, any creditor, or other entity except as otherwise provided in the Plan.
Pursuant to, and in accordance with Article IV of the Plan, the Talc Trust has received the Talc Personal Injury Trust Assets to fund the Talc Trust and settle or discharge all Talc Claims.
The temporary allowance of Direct Talc Personal Injury Claims in the amount of $1.00 is solely for voting purposes, and will not be binding upon the holder, the Plan Proponents, the Talc Personal Injury Trust, the Firms, or any other party for any purpose other than voting on the Plan.
Article IV, Section 4.6 of the Plan provides for the Debtors and the Reorganized Debtors, among others, to execute and deliver such documents to the Talc Trust as the Trustees may request to effectuate the transfer and assignment of any Talc Personal Injury Trust Assets to the Talc Trust.
The temporary allowance of Indirect Talc Personal Injury Claims in the amount of $1.00 is solely for voting purposes, and will not be binding upon the holder, the Plan Proponents, the Talc Personal Injury Trust or any other party for any purpose other than voting on the Plan.
Protection of consumer rights must be considered as a new legal phenomenon.
Without seeing the Talc Personal Injury Trust Agreement and the Trust Distribution Procedures, it is impossible for creditors to assess the process and timing of distributions from the Talc Personal Injury Trust, the proposed treatment of other claims in the class, their chances of receiving distributions under the relevant procedures, or what their likely payment percentage will be.