Third-Party Release definition

Third-Party Release means the release given by each of the Releasing Parties to the Released Parties as set forth in Article VIII.E of the Plan.
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Third-Party Release means the releases set forth in Article VIII.D of the Plan.
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Third-Party Release means the release set forth in Article VIII.D of this Plan.
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Examples of Third-Party Release in a sentence

  • Pursuant to section 1123 of the Bankruptcy Code and Bankruptcy Rule 9019, and in consideration for the classification, distributions, releases, and other benefits provided under the Plan, on the Effective Date, the provisions of the Plan will constitute a good-faith compromise and settlement of the claims, Causes of Action, and controversies released by the Debtor Release and the Third-Party Release pursuant to the Plan.

  • The process described in the Solicitation Procedures Order, the Solicitation Procedures, and the Confirmation Hearing Notice Affidavit that the Debtor and the Claims and Noticing Agent followed to identify the relevant parties on which to serve the Notice of Non-Voting Status and to distribute the Opt-Out Forms was reasonably calculated to ensure that each of the Holders of Claims and Interests was informed of its ability to opt of the Third-Party Release and the consequences for failing to timely do so.

  • The Notice of Non-Voting Status included the Opt-Out Form and instructions for opting out of the Third-Party Release (as defined below) through the submission of the Opt-Out Form to the Claims and Noticing Agent for recording by the Plan and Disclosure Statement Objection Deadline.

  • Holders of General Unsecured Claims shall be provided a Release Opt-Out Form solely for purposes of affirmatively opting out of the Third-Party Release.

  • Holders of Other Secured Claims shall be provided a Release Opt-Out Form solely for purposes of affirmatively opting out of the Third-Party Release.


More Definitions of Third-Party Release

Third-Party Release means the release provision set forth in Article VIII.E hereof.
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Third-Party Release means the release provided by the Releasing Parties in favor of the Released Parties as set forth in Article VIII.D of the Plan.
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Third-Party Release means the release provision set forth in Article VIII, Section 3 of the Plan.
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Third-Party Release means the releases given by the Releasing Parties to the Released Parties in Article IX.C hereof.
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Third-Party Release means the releases set forth in Article IX.C of the Plan.
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Third-Party Release means the voluntary releases to be granted pursuant to the Plan as set forth in Section 10.02 hereof.
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Third-Party Release means the release provision set forth in Section
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