Assigned Claims definition
Examples of Assigned Claims in a sentence
Such appeals or arguments shall not alter any rights held by the DHEPDS Class (as the owner of the Assigned Claims), the New Class or any New Class Member, but may impact any claims falling outside this SA, and only claims falling outside this SA.
The Assignor warrants and covenants not to bring any Litigation or Claim against any Person arising out of the Assigned Claims and waives its rights to bring any such Litigation or Claim; provided, however, nothing in this Section 4 restricts the Assignor from asserting a Claim or pursuing Litigation against the Receiver to enforce the terms of this Agreement.
In its sole discretion, the Receiver may investigate, prosecute, defend, control, settle or compromise any and all of the Assigned Claims, in the name of Assignor or Receiver.
For good and valuable consideration as set forth in this Agreement, receipt of which is hereby acknowledged by Assignor, Assignor irrevocably and unconditionally transfers and assigns all of its rights, title and interest in the Assigned Claims to the Receiver, which Receiver accepts.
The release of Assigned Claims against the Transocean Released Parties is not intended to and does not operate as a release of any Assigned Claims against HESI.