Insurance Entity Injunction definition

Insurance Entity Injunction means the injunction described in ArticleX.H.
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Insurance Entity Injunction means the injunction described in Article X.H.
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Insurance Entity Injunction means the injunction described in Section 12.3.2 of the Plan.
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Examples of Insurance Entity Injunction in a sentence

  • The Plan, in its current form, seeks to extinguish the Church’s rights under the BSA and Local Council insurance policies in the context of a Global Resolution Plan, which applies the Insurance Entity Injunction and would enjoin the Church from collecting policy proceeds from any Insurance Entity (whether or not it is a settling party).

  • The Insurance Entity Injunction is to be implemented in connection with the Settlement Trust and shall be in full force and effect on and after the Effective Date as set forth in the Plan.The terms of the Discharge Injunction, the Channeling Injunction, the Release Injunctions, and the Insurance Entity Injunction, including any provisions barring actions against third parties, are set out in conspicuous language in the Plan and in the Disclosure Statement.

  • Plan of Reorganization, which is attached as Exhibit A to this Fifth Amended and Restated Disclosure Statement, contains the Asbestos PI Channeling Injunction, the Settling Asbestos Insurance Entity Injunction, the Non-Settling Asbestos Insurance Entity Injunction, the Confidentiality Injunction and the Dividend Injunction.

  • Pursuant to the exercise of the equitable jurisdiction and power of the Court under Bankruptcy Code § 105(a), the Confirmation Order shall provide for issuance of the Asbestos Insurance Entity Injunction to take effect as of the Effective Date.

  • Pursuant to the Channeling Injunction, the Insurance Entity Injunction and the other protections in the Plan, the Protected Parties shall not be made parties to any Insurance Action.

  • Any right, Claim or cause of action that an Asbestos Insurance Entity would have been entitled to assert under applicable non-bankruptcy law against any Settling Asbestos Insurance Entity but for the Settling Asbestos Insurance Entity Injunction will be treated solely as a setoff claim against the Asbestos PI Trust.

  • We request that you immediately cease taking such actions and advise us no later than Friday, May 5, 2023, that you and your client intend to comply with the Insurance Entity Injunction.

  • In reality, merger negotiations typically last for some time and, announced bids may be withdrawn during the course of negotiations.

  • Notwithstanding anything to the contrary in the foregoing provisions of Section VI(D)(1) of this Confirmation Order and §8.4.1.1 of the Plan, the Asbestos Insurance Entity Injunction shall not enjoin an insurer from asserting any claim for contribution against any other insurer that is not a Settled Asbestos Insurance Company.

  • As Debtors have previously admitted that beginning in approximately 1976, chartered organizations were additional insureds in Boy Scouts insurance policies, their disposition or attempted disposition of Archbishop of Agana’s interests in these insurance policies (including via Hartford settlement, Insurance Entity Injunction, TDP) appears to violate the automatic stay imposed in the Guam bankruptcy action.

Related to Insurance Entity Injunction

  • Insurance Regulator any Person charged with the administration, oversight or enforcement of any Insurance Regulation.

  • Insurance transaction means any transaction involving insurance primarily for personal, family, or household needs rather than business or professional needs that entails:

  • Blanket insurance policy means a group policy covering a defined class of

  • Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • insurance business means one or more aspects of the business of selling, issuing or underwriting insurance or reinsurance.

  • Insurance Authority means the Insurance Authority of Hong Kong established pursuant to section 4AAA of the Insurance Ordinance.

  • Property Insurance is defined in Section 6.10(a).

  • Insurance Ordinance means the Insurance Ordinance (Cap. 41 of the Laws of Hong Kong).

  • Insurance Company The Transferee is an insurance company whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies and which is subject to supervision by the insurance commissioner or a similar official or agency of a state, U.S. territory or the District of Columbia.

  • Mortgage Impairment Insurance Policy A mortgage impairment or blanket hazard insurance policy as described in Section 4.11.

  • Insurance Subsidiary means any Subsidiary that is licensed by any Applicable Insurance Regulatory Authority to conduct, and conducts, an Insurance Business.

  • Environmental Insurance Policy means, with respect to any Mortgage Loan or the related Mortgaged Property or REO Property, any insurance policy covering pollution conditions and/or other environmental conditions that is maintained from time to time in respect of such Mortgage Loan, Mortgaged Property or REO Property, as the case may be, for the benefit of, among others, the Trustee on behalf of the Certificateholders.

  • First party insurance means an insurance policy or contract in which the insurer agrees to pay a claim submitted to it by the insured for the insured's losses.

  • Insurance Subsidiaries means, collectively, MGMM Insurance Company, a Nevada corporation and any Subsidiaries formed for the purpose of facilitating and providing insurance coverage and claims services for the Company and its Subsidiaries.

  • Material Insurance Subsidiary means a Material Subsidiary that is also an Insurance Subsidiary.

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

  • Insurance Affordability Program means a program that is one of the following:

  • Asset Coverage means asset coverage, as determined in accordance with Section 18(h) of the 1940 Act, of at least 200% with respect to all outstanding senior securities of the Fund which are stock, including all Outstanding Series A Preferred Shares (or such other asset coverage as may in the future be specified in or under the 1940 Act as the minimum asset coverage for senior securities which are stock of a closed-end investment company as a condition of declaring dividends on its common stock), determined on the basis of values calculated as of a time within 48 hours (not including Saturdays, Sundays or holidays) next preceding the time of such determination.

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.

  • Title Insurance Company as defined in Section 5.1(l).

  • general insurance business means any class of insurance business other than long-term insurance business;

  • Insurance Report means an insurance report in respect of the Insurances confirming that such Insurances are placed with such insurers, insurance companies and/or clubs in such amounts, against such risks and in such form as acceptable to the Agent (acting on the instructions from the Finance Parties) and comply with the requirements under Clause 26.3 (Insurance) and the GIEK Guarantee prepared by Bank Assure Insurance Services Inc., or such other reputable insurance advisor approved by the Agent, and dated on or about 11 June 2010 and addressed to, and capable of being relied upon by, the Finance Parties.

  • Sovereign Risk means nationalization, expropriation, currency devaluation, revaluation or fluctuation, confiscation, seizure, cancellation, destruction or similar action by any governmental authority, de facto or de jure; or enactment, promulgation, imposition or enforcement by any such governmental authority of currency restrictions, exchange controls, taxes, levies or other charges affecting a Fund's Assets; or acts of armed conflict, terrorism, insurrection or revolution; or any other act or event beyond the Custodian's or such other Person's control.