Tolling Agreement definition
Examples of Tolling Agreement in a sentence
To the extent that claimants or their counsel did not voluntarily execute an Asbestos Personal Injury Claim Tolling Agreement, the Debtors commenced avoidance actions against such non-consenting claimants to preserve the interests of the Debtors' estates.
Related Avoidance Actions On July 19, 2005, the Debtors filed a motion for the entry of an order authorizing and approving the form of tolling agreement ("Asbestos Personal Injury Claim Tolling Agreement") to be entered into between the Debtors and counsel (in their capacity as attorney-in-fact) for certain holders of Asbestos Personal Injury Claims pursuant to Bankruptcy Code ss.ss.
The undersigned Bondholder, intending to be legally bound, hereby enters into the Tolling Agreement with the Issuer.
The resolution of any repurchase demand made previously by an Accepting Trustee with respect to any of the Settlement Trusts shall be deemed to be included in the scope of the Tolling Agreement.
Capitalized terms used but not otherwise defined in this Amendment have the meanings ascribed to such terms in the Amended and Restated Master Tolling Agreement.