Examples of CNA Parties in a sentence
Such notices shall be given to the following address: To CNA Parties: CNA Financial Corporation 000 X.
Within ten (10) days of the date the CNA Parties pay the First Installment of the Settlement Amount, Congoleum and the CNA Parties shall dismiss all of their Claims against one another in the Coverage Action with prejudice and without costs.
The mail and publication notice shall be in form and substance acceptable to the CNA Parties.
Upon the Execution Date, Congoleum and the CNA Parties shall continue completely to stand still in the Coverage Action with respect to one another, including with respect to third-party discovery relevant to their claims and defenses against one another, and they shall promptly file such papers as are necessary to effect such a standstill of the Coverage Action.
Such standstill shall remain in place until such time as this Agreement has been declared null and void or the CNA Parties have paid the First Installment of the Settlement Amount, but nothing in this Section VI shall preclude the CNA Parties from filing any necessary pleadings in Congoleum Corp.
Neither the Trust nor any trustee shall have any obligation to create any new documents or to collect any information in connection with any such review beyond those ordinarily created or maintained by the Trust, as applicable, and the CNA Parties shall not be permitted to challenge the allowance or payment of Claims by the Trust, as applicable, or any administrative payments or costs of the Trust, as applicable.
It is the intent of the Parties that no part of this Agreement be construed against any of the Parties hereto because of the identity of the drafter or the fact that the CNA Parties are insurance companies.
If the CNA Parties obtain the agreement of one or more other settling insurers to pay for joint publication of the notices respecting the Approval Motion in the USA Today, nothing herein is intended to prevent the CNA Parties from sharing the expense of such joint publication in lieu of each paying the cost of individual publications, and Congoleum agrees to cooperate with the CNA Parties in connection with such joint notices.
The CNA Parties are good faith purchasers of the Subject Policies for value within the meaning of section 363(m) of the Bankruptcy Code and are entitled to the protection thereof.
Congoleum and the CNA Parties are parties to an insurance coverage action pending in the New Jersey Superior Court in Middlesex County, Congoleum v.