Judgment Creditors definition
Examples of Judgment Creditors in a sentence
In addition to the rights of Creditors set forth in Section 12 hereof, and notwithstanding any other provision of this Trust Agreement, the assets of the Trust shall at all times prior to a Change of Control be available to satisfy claims of Judgment Creditors.
If the amount of the Agreement Currency so purchased is greater than the sum originally due to the Judgment Creditor(s) in such currency, the Judgment Creditor receiving such overpayment agrees to return the amount of any excess received by such entity to Borrower (or to any other Person who may be entitled thereto under applicable law).
If the amount of the Agreement Currency so purchased is less than the sum originally due to the Judgment Creditor(s) in the Agreement Currency, Borrower and each Guarantor jointly and severally agree, as a separate obligation and notwithstanding any such judgment, to indemnify the Judgment Creditor(s) against such loss.
Nothing herein contained shall affect or be deemed to affect any right of an Insurer to indemnity or contribution from another Insurer whether such right arises at common law, by statute, from a claims sharing or other agreement, by subrogation or by assignment of the Original Judgment Creditor's judgment and all such rights shall be determined according to the facts and circumstances of each particular case without reference to this Agreement.
Enforcement Rights 16 3.1 Exclusive Enforcement 16 3.2 Standstill and Waivers 17 3.3 Judgment Creditors 19 3.4 Cooperation 20 3.5 No Additional Rights for the Grantors Hereunder 20 3.6 Actions Upon Breach 20 SECTION 4.
The USF&G Parties shall be provided with documentation from the Judgment Creditors or their counsel evidencing the payments to each Judgment Creditor from the Judgment Escrow, such documentation to include the date of payment and amount of payment as to each Judgment Creditor.
Nothing herein contained shall affect or be deemed to affect any right of an Insurer to indemnity or contribution from another Insurer whether such right arises at Common Law by Statute from a Claims Sharing or other Agreement by subrogation or by assignment or cession of the Original Judgment Creditor's Judgment and all such rights shall be determined according to the facts and circumstances of each particular case without reference to this Agreement.
For the avoidance of doubt, nothing in this Settlement Agreement shall release any claim by any Settlement Class Member against any Judgment Creditor; this Settlement Agreement specifically preserves all Settlement Class Members’ claims against all Judgment Creditors, including claims to vacate any Class Member Judgment.
Plaintiffs expressly acknowledge that Defendants’ agreement to cease Collection for Class Member Judgments does not mean that the underlying debt is invalid, unenforceable or extinguished, or that execution by entities other than Defendants cannot continue or that Judgment Creditors will not continue collection efforts previously initiated by Defendants, either through another attorney or by themselves.
If the amount of the Agreement Currency so purchased is less than the sum originally due to the Judgment Creditor(s) in the Agreement Currency, Borrowers jointly and severally agree, as a separate obligation and notwithstanding any such judgment, to indemnify the Judgment Creditor(s) against such loss.