Common use of Right of Review Clause in Contracts

Right of Review. After the Confirmation Order becomes a Final Order, the Trust shall cooperate, at the sole expense of American Centennial, in American Centennial’s reasonable requests for information as follows: American Centennial shall have the right, at its own expense, upon reasonable request and notice, and at a time and place convenient to the Trust, to review any payments funded in whole or in part by the proceeds of this Agreement; provided, however, that claimants’ personal identification information shall be maintained in strict confidence. Neither the Trust nor any trustee shall have any obligation to create any new documents or to collect any information in connection with any such review beyond those ordinarily created or maintained by the Trust, as applicable, and American Centennial shall not be permitted to challenge the allowance or payment of Claims by the Trust, as applicable, or any administrative payments or costs of the Trust, as applicable. This Section X and any results of such a review contemplated hereunder shall not ACIC Settlement affect American Centennial’s payment obligations under this Agreement. American Centennial shall not provide any results of such review to any other Person and shall keep any and all such results confidential, except that American Centennial may provide such results to any of its auditors, tax consultants, regulators, or reinsurers for the purpose of obtaining reinsurance for any portion of the Settlement Amount, or complying with applicable regulations, provided that American Centennial shall inform such parties that the review and/or audit results and information contained therein are confidential, and use reasonable efforts to obtain a commitment from such parties to maintain the confidentiality of the information.

Appears in 2 contracts

Samples: Settlement Agreement (American Biltrite Inc), Settlement Agreement (Congoleum Corp)

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Right of Review. After the Confirmation Order becomes a Final Order, the Trust shall cooperate, at the sole expense of American Centennialthe TIG Parties, in American Centennial’s the TIG Parties’ reasonable requests for information as follows: American Centennial the TIG Parties shall have the right, at its their own expense, upon reasonable request and notice, and at a time and place convenient to the Trust, to review any payments funded in whole or in part by the proceeds of this Agreement; provided, however, that claimants’ personal identification information shall be maintained in strict confidence. Neither the Trust nor any trustee shall have any obligation to create any new documents or to TIG Settlement collect any information in connection with any such review beyond those ordinarily created or maintained by the Trust, as applicable, and American Centennial the TIG Parties shall not be permitted to challenge the allowance or payment of Claims by the Trust, as applicable, or any administrative payments or costs of the Trust, as applicable. This Section X and any results of such a review contemplated hereunder shall not ACIC Settlement affect American Centennial’s the TIG Parties’ payment obligations under this Agreement. American Centennial The TIG Parties shall not provide any results of such review to any other Person and shall keep any and all such results confidential, except that American Centennial the TIG Parties may provide such results to any of its their auditors, tax consultants, regulators, or reinsurers for the purpose of obtaining reinsurance for any portion of the Settlement Amount, or complying with applicable regulations, provided that American Centennial the TIG Parties shall inform such parties that the review and/or audit results and information contained therein are confidential, and use reasonable efforts to obtain a commitment from such parties to maintain the confidentiality of the information.

Appears in 2 contracts

Samples: Settlement Agreement (American Biltrite Inc), Settlement Agreement (Congoleum Corp)

Right of Review. After the Confirmation Order becomes a Final Order, the Trust shall cooperate, at the sole expense of American Centennialthe Navigators Management Company Participating Parties, in American Centennial’s the Navigators Management Company Participating Parties’ reasonable requests for information as follows: American Centennial the Navigators Management Company Participating Parties shall have the right, at its their own expense, upon reasonable request and notice, and at a time and place convenient to the Trust, to review any payments funded in whole or in part by the proceeds of this Agreement; provided, however, that claimants’ personal identification information shall be maintained in strict confidence. Neither the Trust nor any trustee shall have any obligation to create any new documents or to collect any information in connection with any such review beyond those ordinarily created or maintained by the Trust, as applicable, and American Centennial the Navigators Management Company Participating Parties shall not be permitted to challenge the allowance or payment of Claims by the Trust, as applicable, or any administrative payments or costs of the Trust, as applicable. This Section X and any results of such a review contemplated hereunder shall not ACIC Settlement affect American Centennial’s the Navigators Management Company Participating Parties’ payment obligations under this Agreement. American Centennial The Navigators Management Company Participating Parties shall not provide any results of such review to any other Person and shall keep any and all such results confidential, except that American Centennial the Navigators Management Company Participating Parties may provide such results to any of its their auditors, tax consultants, regulators, or reinsurers for the purpose of obtaining reinsurance for any portion of the Settlement Amount, or complying with applicable regulations, provided that American Centennial the Navigators Management Company Participating Parties shall inform such parties that the review and/or audit results and information contained therein are confidential, and use reasonable efforts to obtain a commitment from such parties to maintain the confidentiality of the information.

Appears in 2 contracts

Samples: Settlement Agreement (American Biltrite Inc), Settlement Agreement (Congoleum Corp)

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Right of Review. After the Confirmation Order becomes a Final Order, the Trust shall cooperate, at the sole expense of American Centennialthe CNA Parties, in American Centennial’s the CNA Parties’ reasonable requests for information as follows: American Centennial the CNA Parties shall have the right, at its their own expense, upon reasonable request and notice, and at a time and place convenient to the Trust, to review any payments funded in whole or in part by the proceeds of this Agreement; provided, however, that claimants’ personal identification information shall be maintained in strict confidence. Neither the Trust nor any trustee shall have any obligation to create any new documents or to collect any information in connection with any such review beyond those ordinarily created or maintained by the Trust, as applicable, and American Centennial the CNA Parties shall not be permitted to challenge the allowance or payment of Claims by the Trust, as applicable, or any administrative payments or costs of the Trust, as applicable. This Section X and any results of such a review contemplated hereunder shall not ACIC Settlement affect American Centennial’s the CNA Parties’ payment obligations under this Agreement. American Centennial The CNA Parties shall not provide any results of such review to any other Person and shall keep any and all such results confidential, except that American Centennial the CNA Parties may provide such results to any of its their auditors, tax consultants, regulators, or reinsurers for the purpose of obtaining reinsurance for any portion of the Settlement Amount, or complying with applicable regulations, provided that American Centennial the CNA Parties shall inform such parties that the review and/or audit results and information contained therein are confidential, and use reasonable efforts to obtain a commitment from such parties to maintain the confidentiality of the information.

Appears in 2 contracts

Samples: Settlement Agreement (American Biltrite Inc), Settlement Agreement (Congoleum Corp)

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