Congoleum definition
Congoleum means Congoleum Corporation, both individually and as debtor-in-possession in the Bankruptcy Case.
Congoleum means Congoleum Corporation, a Delaware corporation.
Congoleum. The term "Congoleum" shall mean:
Examples of Congoleum in a sentence
Congoleum shall serve by mail notice of the motion and the hearing thereon on each of those Persons identified in Paragraph E of the Approval Order.
All notices, demands, payments, accountings or other communications that any Party desires or is required to give shall be given in writing and shall be deemed to have been given if hand delivered, faxed, emailed or if mailed by United States first-class mail, postage prepaid, to the Parties at the addresses noted below, or such other address as any Party may designate in writing from time to time: As to the Congoleum Parties: ▇▇▇▇▇▇ ▇.
The Congoleum Parties may sell the Subject Policies free and clear of Interests under section 363(f) of the Bankruptcy Code because one or more of the criteria set forth in sections 363(f)(1)-(5) of the Bankruptcy Code have been satisfied.
The repayment obligations of Congoleum are secured under the Credit Facility by a grant of a perfected security interest in certain of Congoleum's inventory and accounts receivable.
The assets and liabilities comprising the Tile Division which were acquired by Congoleum in the Acquisition are held directly by Congoleum.
More Definitions of Congoleum
Congoleum means:
Congoleum means Congoleum Corporation, a subsidiary (but not a Subsidiary) of the Company, and/or any of its direct or indirect subsidiaries.
Congoleum means:
(a) The corporation now named Congoleum Corporation that was incorporated in the State of Delaware in 1986;
(b) All present subsidiaries of Congoleum Corporation, including Congoleum Sales, Inc., and Congoleum Fiscal, Inc., and any other Persons in which Congoleum Corporation has an ownership interest, directly or indirectly, of fifty percent (50%) or more, and any other Persons on whose behalf Congoleum Corporation has the power and authority to release Claims under the Subject Policies;
(c) Any Persons that have been acquired by, merged into or combined with any of the Persons identified in Sections 1.8(a); provided, however, that as to each of the foregoing, only to the extent Congoleum Corporation has the power and authority to release Claims under the Subject Policies on their behalf;
(d) Congoleum Corporation’s predecessors, successors, past, present and future assigns, joint ventures, and affiliates, all of Congoleum Corporation’s past subsidiaries and the predecessors, successors and past and present assigns of such past subsidiaries; provided, however, that, as to each of the foregoing, only to the extent that Congoleum Corporation has the power and authority to release Claims under the Subject Policies on their behalf; and further provided, however, that it is understood that “Congoleum” shall not be deemed to include American Biltrite Inc.;
(e) Any and all Persons named as insureds, other insureds, or otherwise insured or claimed to be insured under the Subject Policies; provided, however, that, as to each of the foregoing, only to the extent that Congoleum Corporation has the power and authority to release Claims under the Subject Policies on their behalf;
(f) Congoleum Sales, Inc. and Congoleum Fiscal, Inc., Debtors and Debtors-In-Possession; and
(g) The directors, officers, agents, employees, representatives and attorneys of any of the foregoing Persons, solely in their respective capacities as such and only to the extent that Congoleum Corporation has the power and authority to release Claims under the Subject Policies on their behalf.
Congoleum means (1) the corporation now named Congoleum Corporation that was incorporated in the State of Delaware in 1986 ("Congoleum Corporation");
Congoleum. Coverage Action", "Coverage Dispute", "Fifth Modified Plan", "Fourth Modified Plan", "Original Plan", and "Parties", and
Congoleum means Congoleum Corporation, a Delaware corporation with its principal place of business in Mercerville, New Jersey.
Congoleum has opposed this motion. No argument date has been set. Some insurers contend that, if there is a ruling adverse to Congoleum in the Coverage Litigation, then the insurers will not owe coverage for claims resolved under the Claimant Agreement and/or under other pre-petition settlements. Insurers further contend that such result would also deprive individual claimants who were parties to the Claimant Agreement and other pre-petition settlements of the right to seek payment from the insurers under their insurance policies or from negotiating settlements with some or all of the insurers. Insurers also contend that such result would preclude Congoleum and claimants from agreeing to forbear under or amending the Claimant Agreement and other pre-petition settlements and would preclude claimants from seeking recovery under other claims payment standards, including bankruptcy TDPs, or under any amended agreements. Insurers contend that even if there is no insurance for the Claimant Agreement and/or other pre-petition settlements, the releases signed by the claimants are valid and binding and preclude recovery of insurance for these claimants under any claims resolution process. Congoleum intends to contest any attempt by the insurers to enlarge or expand upon a Phase I ruling that is adverse to Congoleum. However, there can be no assurances of the outcome of these matters. The Phase 2 trial will address all remaining coverage issues, including but not limited to trigger and allocation. Discovery is permitted on all issues, except for punitive damages. Pre-trial motions and trial dates for the Phase 2 and Phase 3 trials and discovery for the Phase 3 trial will be addressed by the court after the Phase 1 trial decision.