Exculpated Parties definition

Exculpated Parties shall have the meaning set forth in Section 13.1 hereof.
Exculpated Parties means, collectively, and in each case in its capacity as such: (a) the Debtors;
Exculpated Parties means, collectively, and in each case in its capacity as such:

Examples of Exculpated Parties in a sentence

  • Accordingly, each of the Released Parties and the Exculpated Parties warrants the benefit of the release and exculpation provisions.

  • This exculpation shall be in addition to, and not in limitation of, all other releases, indemnities, exculpations, and any other applicable law or rules protecting such Exculpated Parties from liability.

  • Yes, the Plan proposes to release the Released Parties and to exculpate the Exculpated Parties.

  • This exculpation shall be in addition to, and not in limitation of, all other releases, indemnities, exculpations and any other applicable law or rules protecting such Exculpated Parties from liability.

  • The exculpation will be in addition to, and not in limitation of, all other releases, indemnities, exculpations, and any other applicable law or rules protecting such Exculpated Parties from liability.


More Definitions of Exculpated Parties

Exculpated Parties shall have the meaning set forth in Section 18.1.1.
Exculpated Parties means, collectively, and in each case in its capacity as such: (a) the Debtors; (b) the Committees and each of their respective members; and (c) with respect to each of the foregoing, such Entity and its current and former Affiliates, and such Entity’s and its current and former Affiliates’ current and former equity holders (regardless of whether such interests are held directly or indirectly), subsidiaries, officers, directors, managers, principals, members, employees, agents, advisory board members, financial advisors, partners, attorneys, accountants, investment bankers, consultants, representatives, and other professionals, each in their capacity as such.
Exculpated Parties has the meaning set forth in Section 12.2.
Exculpated Parties means, collectively: (a) the Exculpated Fiduciaries and (b) the Section 1125(e) Parties.
Exculpated Parties has the meaning assigned to it in Section 9(b).
Exculpated Parties means, collectively, and in each case in its capacity as such: (a) the Debtors and the Reorganized Debtors; (b) holders of RBL Claims; (c) the RBL Agent; (d) the Consenting Creditors; (e) The Bank of New York Mellon Trust Company, N.A., as trustee; (f) any Issuing Bank; (g) the Treasury Management Service Providers; (h) the Creditors’ Committee and its members; (i) with respect to each of the foregoing entities in clauses (a) through (h), each such Entity’s current and former predecessors, successors, Affiliates (regardless of whether such interests are held directly or indirectly), subsidiaries, direct and indirect equity holders, funds, portfolio companies, and management companies; and (j) with respect to each of the foregoing Entities in clauses (a) through (i), each of their respective current and former directors, officers, members, employees, partners, managers, independent contractors, agents, representatives, principals, professionals, consultants, financial advisors, attorneys, accountants, investment bankers, and other professional advisors, each in their capacity as such; provided that no current or former Holder of Existing Interests, each in their capacity as such, is an Exculpated Party unless such Holder is also a current director, officer or employee of a Debtor or an Affiliate of a Debtor.
Exculpated Parties means, collectively, the Reorganized Debtors and the Released Parties.