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.
Third-Party Release means the releases set forth in Article VIII.C of the Plan.
Third-Party Release means the release set forth in Article VIII.D of this Plan.

Examples of Third-Party Release in a sentence

  • As provided in Article VIII.C of the Joint Plan, as of the Effective Date, the Third-Party Release in the Joint Plan is approved in light of the findings of fact and conclusions of law set forth herein; provided, however, that nothing in this paragraph shall preclude the SEC from exercising its statutory duties against any Person in any forum.

  • The record of the Confirmation Hearing and the Chapter 11 Cases is sufficient to support the Settlement Party Release, Third-Party Release, exculpation and injunction provisions contained in Article VIII of the Joint Plan.

  • The injunction provision set forth in Article VIII.F of the Joint Plan is essential to the Joint Plan and is necessary to preserve and enforce the Settlement PartyRelease, the Third-Party Release and the Joint Plan and is narrowly tailored to achieve that purpose.

  • There is an identity of interests between the Debtors and the entities that will benefit from the Third-Party Release.

  • 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.


More Definitions of Third-Party Release

Third-Party Release means the release provision set forth in Article VIII.E hereof.
Third-Party Release means the releases set forth in Section 8.3 of the Plan.
Third-Party Release means the release provision set forth in Section11.4 hereof.
Third-Party Release means the voluntary releases to be granted pursuant to the Plan as set forth in Section 10.02 hereof.
Third-Party Release means the release set forth in Section 7.3 of this Plan.
Third-Party Release means the release provided by the Releasing Parties in favor of the Released Parties as set forth in Article 13.2 of the Plan.
Third-Party Release means the release provision set forth in Article VIII, Section 3 of the Plan.