Barred Claim definition
Examples of Barred Claim in a sentence
Defendant hereby waives, dismisses and releases, and shall not assert, any Barred Claim (as defined in the Plan) against any of the Released Parties (as defined in the Plan).
To the extent (but only to the extent) that the release by ▇▇▇▇▇▇ "▇▇▇▇" ▇▇▇▇, III of any Claim contained in this paragraph would be legally invalid unless approved by the bankruptcy court currently presiding over the pending bankruptcy case of ▇▇▇▇▇▇ "▇▇▇▇" ▇▇▇▇ (a "Section 5.2.1 Barred Claim"), then the release in this paragraph shall not operate to release such Section 5.
If any term of this Bar Order is held to be unenforceable after the date of entry, such provision shall be substituted with such other provision as may be necessary to afford all 21 Released Parties the fullest protection permitted by law from any Barred Claim.
As a material inducement to the Company to enter into this Agreement, the Executive represents that the Executive has not assigned any Barred Claim to any third party.
To the extent (but only to the extent) that the release by ▇▇▇▇▇▇ "▇▇▇▇" ▇▇▇▇, III of any Claim contained in this paragraph would be legally invalid unless approved by the bankruptcy court currently presiding over the pending bankruptcy case of ▇▇▇▇▇▇ "▇▇▇▇" ▇▇▇▇ (a "Section 5.1.1 Barred Claim"), then the release in this paragraph shall not operate to release such Section 5.