D&O Carriers definition

D&O Carriers means Freeport’s directors’ and officers’ insurance policy carriers funding the Escrow Amount into the Escrow Account.
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D&O Carriers means, collectively, the insurers under the D&O Policies.
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D&O Carriers means collectively, (i) Illinois National Insurance Company and AIG Claims, Inc.; (ii) XL Specialty Insurance Company, solely in its capacity as an insurer under the Debtors’ second layer of the D&O Liability Insurance Policies; and (iii) CNA; provided, however, an entity is a D&O Carrier only to the extent related to a particular D&O Liability Insurance Policy. For the avoidance of doubt, the D&O Carriers shall not include any Insurer under the D&O Liability Insurance Policies or D&O Tail Policies other than those specifically enumerated in the foregoing sentence.
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Examples of D&O Carriers in a sentence

  • For the avoidance of doubt, the Settling Defendants shall have no obligation to deposit any portion of the Escrow Amount into the Escrow Account but shall have an obligation to take all reasonably available steps to seek to cause the D&O Carriers to deposit the Escrow Amount into the Escrow Account.

  • In consideration of the full settlement, satisfaction, compromise and release of the Released Plaintiffs’ Claims, an aggregate $115 million in cash (the “Escrow Amount”) shall be paid on behalf of the Settling Defendants to Freeport by the D&O Carriers.

  • The Settling Defendants shall cause the Escrow Amount to be deposited by the D&O Carriers into an interest-bearing escrow account controlled by an agreed upon representative of Plaintiffs and of the Settling Defendants (the “Escrow Account”) within fifteen (15) business days after the Stipulation is submitted to the Court.

  • Each of the D&O Carriers, the D&Os, and Oaktree, a 1.5 Lien Noteholder, are continuing to review and evaluate the terms of the settlement embodied in the Plan and expressly reserve all rights with regard thereto.

  • The Mediated Settlement also includes releases of the Consenting 1.75L Lenders, Consenting 2L Lenders, and the D&O Carriers in consideration for their significant contributions of value.

  • Rosen, Will D&O Carriers Step Up to the Plate on Stock Options?, N.Y. L.J., Sept.

  • Finally, the Debtors and the D&O Carriers agreed to settle the insured Settled Claims and Causes of Action for $15.35 million, $13.35 million of which was contributed by the D&O Carriers and $2 million of which was contributed by the Debtors, all of which will fund unsecured creditor recoveries.

  • Finally, the D&O Carriers contributed significant value to fund recoveries under the Plan.

  • The parties to mediation included: (a) the Debtors; (b) each of the 1.5 Lien Noteholders; (c) the Holders of a super-majority of the1.75 Lien Term Facility Claims; (d) the Holders of a super-majority of Second Lien Term Loan Facility Claims; (e) the Committee; (f) counsel representing certain Insureds under the D&O Policies; and(g) certain of the D&O Carriers.

  • In particular, the Plan provides for releases by the Debtors and related parties of any and all Causes of Action, including any derivative claims, that the Debtors could assert against Holders, Administrative Agents, and Indenture Trustees of the Debtors’ prepetition funded debt and postpetition DIP financing, the Debtors’ current and former directors and officers and D&O Carriers, and related parties.


More Definitions of D&O Carriers

D&O Carriers means the insurance carriers of the D&O Liability Insurance Policies.
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Related to D&O Carriers

  • rail carrier ’ means a person providing common carrier railroad transportation for compensation, but does not include street, suburban, or interurban electric railways not operated as part of the general system of rail transportation;

  • Interexchange Carrier (IXC) means a carrier that provides, directly or indirectly, interLATA or intraLATA Telephone Toll Services.

  • Bulk carrier means a ship which is intended primarily to carry dry cargo in bulk, including such types as ore carriers as defined in SOLAS chapter XII, regulation 1, but excluding combination carriers.

  • Carrier means a person engaged in the transportation of passengers or property by land or water as a common, contract, or private carrier, or by civil aircraft.

  • Contract carrier means any person who, under special and individual contracts or agreements, and

  • Interexchange Carrier (IXC means a carrier that provides, directly or indirectly, InterLATA or IntraLATA Telephone Toll Services.

  • Common Carrier means any land, sea, and/or air conveyance operating under a valid license for the transportation of passengers for hire.

  • Insurance carrier means every insurance carrier duly

  • Serving carrier means a facilities-based carrier providing

  • Health carrier or "carrier" means a disability insurer

  • Procurement organization means an eye bank, organ procurement organization, or tissue bank.

  • D&O Policies has the meaning set forth in Section 8.01(e).

  • Contractors means the bidder whose bid has been accepted by the COE;

  • Telecommunications Carrier is As Defined in the Act.

  • MANUFACTURERS means M/s and shall include their legal representatives, successors, and assigns.

  • Transporter(s) means all Gas gathering or pipeline companies, or local distribution companies, acting in the capacity of a transporter, transporting Gas for Seller or Buyer upstream or downstream, respectively, of the Delivery Point pursuant to a particular transaction.

  • Motor carrier means a person providing motor vehicle transportation for compensation.

  • Contract of carriage means a contract made by or on behalf of a carrier for the carriage by sea of a passenger or of a passenger and his luggage, as the case may be;

  • Regulators means the SFC, the relevant Exchange, the relevant clearing house and any other regulator whether in Hong Kong or elsewhere;

  • Provider Organization means a group practice, facility, or organization that is:

  • ORS means the Oregon Revised Statutes;

  • Professional Sports means a sport, which would remunerate a player in excess of 50% of his or her annual income as a means of their livelihood.

  • Company Governing Documents means the Company Bylaws and the Company Certificate.

  • Business association means a nonpublic corporation, joint stock company, investment company, business trust, partnership, or association for business purposes of 2 or more individuals, whether or not for profit, including a banking organization, financial organization, insurance company, or utility.

  • HSS means the Health Support Services, a Board governed HSP.

  • hackney carriage means a vehicle licensed under the Town Police Clauses Act 1847 to ply for hire throughout the district controlled by the Council.