Examples of Techakraisri Payment in a sentence
Upon the timely, complete, and indefeasible payment in full of the Techakraisri Payment, Sorapoj Techakraisri shall be deemed a Released Party under the terms of this Plan.
For the avoidance of doubt, Sorapoj Techakraisri shall not be deemed a Released Party and shall not be released by the Debtors, the Debtors’ Estates, or the Creditor Trust until the indefeasible satisfaction in full of the Techakraisri Payment.
Any Additional Potential Recoveries shall be immediately applied to the outstanding balance of the Techakraisri Payment.
Retained Causes of Action thereafter shall remain the sole property of the Reorganized Debtors, and any proceeds therefrom shall be the property of the Reorganized Debtors except as otherwise provided herein with respect to Additional Potential Recoveries to satisfy the Techakraisri Payment, and subject to such exceptions, may be used and disbursed by the Reorganized Debtors without restriction.
The Techakraisri Payment shall be made on or before the dates provided herein.
So long as there is no existing Techakraisri Payment Event of Default, (a) the Creditor Trust shall defer prosecution of any Assigned Causes of Action against Sorapoj Techakraisri, and (b) the statute of limitations with respect to any and all Assigned Causes of Action against Sorapoj Techakraisri shall be tolled during such deferral period.
Immediately upon the occurrence of a Techakraisri Payment Event of Default the Creditor Trust shall have the right to pursue any Causes of Action of the Debtors and the Debtors’ Estates against Sorapoj Techakraisri, including the Assigned Causes of Action.
Upon the occurrence of a Techakraisri Payment Event of Default and the Creditor Trust providing written notice to Sorapoj Techakraisri of the same, the Creditor Trust shall have the right to pursue all Causes of Action, rights, and remedies against Sorporaj Techakraisri and any statutes of limitations applicable thereto shall be begin to run at such time.
Upon the occurrence of a Techakraisri Payment Event of Default and the Creditor Trust providing written notice to Sorapoj Techakraisri of the same, the Creditor Trust shall have the right to pursue all Causes of Action, rights, and remedies againstSorporaj Techakraisri and any statutes of limitations applicable thereto shall be begin to run at such time.
Retained Causes of Action thereafter shall remain the sole property of the Reorganized Debtors, and any proceeds therefrom shall be the property of the Reorganized Debtors except as otherwise provided in the Plan with respect to Additional Potential Recoveries to satisfy the Techakraisri Payment, and subject to such exceptions, may be used and disbursed by the Reorganized Debtors without restriction.