Insurance Rights definition

Insurance Rights means any and all rights under or arising out of the CBS Insurance Policies and any and all claims and choses in action under or arising out of the CBS Insurance Policies and for benefits and proceeds thereof, including, without limitation, those rights, claims or causes in action held directly as an insured, additional insured, additional named insured, subsidiary, affiliate, division or department, successor-in-interest or assignee to the fullest extent permitted under the terms of the CBS Insurance Policies in accordance with applicable Law.

Insurance Rights means, subject to any deductible or similar limitation, the right of the Buyer to cause the Seller and its applicable Affiliates to file and pursue claims under any Insurance Policy, and deliver any proceeds related thereto to the Buyer, to the extent such claim relates to any Subject Entity, the Business or constitutes any portion of any Business Asset.

Insurance Rights means any and all rights under or arising out of the Policies and any and all claims and choses in action under or arising out of the Policies and for benefits and proceeds thereof, including, without limitation, those rights, claims or choses in action held directly as an insured, additional insured, additional named insured, subsidiary, affiliate, division or department, successor-in-interest or assignee to the fullest extent permitted under the terms of the Policies in accordance with applicable Law.

Examples of Insurance Rights in a sentence

• Execution Version Glossary of Key Defined Terms Term Meaning Additional Insurance Rights Additional rights in respect of insurance and/or other consideration, to be agreed to by the Debtors, the Supporting Governmental Opioid Claimants and Supporting Unsecured Noteholders holding no less than two-thirds in outstanding principal amount of Guaranteed Unsecured Notes held by the Supporting Unsecured Noteholders then party to the Restructuring Support Agreement.

• Insurance Rights: A portion of the registration fee paid for the right to participate in the event described herein below is to be used for the purchase of life and disability insurance coverage for the driver.

• Assigned Insurance Rights (a) Any and all claims, demands, entitlements to proceeds, payments, benefits, or Causes of Action of the Debtors under any and all general liability and products liability insurance policies that do or may afford the Debtors with rights, benefits, defense, indemnity, or insurance coverage with respect to any Opioid Claim, and (b) the Additional Insurance Rights.

• The Debtors and the Reorganized Debtors will use their reasonable best efforts to provide to the Opioid Trust all documents, information, and other cooperation that is reasonably necessary for the Opioid Trust to pursue the Assigned Insurance Rights.

• Behalf pursuant to the provisions of the Illinois Spousal Health and Insurance Rights Act of 195 SHIRA.

More Definitions of Insurance Rights

Insurance Rights means the Original Insurance Rights and the Additional Insurance Rights.

Insurance Rights means any and all rights, titles, privileges, interests, claims, demands, or entitlements of Covered Parties that are the subject of the Insurance Rights Transfer of any Insurance Proceeds, payments, benefits, Causes of Action, choses in action, defenses or indemnities arising under or attributable to any and all Insurance Policies, now existing or hereafter arising, accrued or unaccrued, liquidated or unliquidated, matured or unmatured, disputed or undisputed, fixed or contingent, with respect to Abuse Claims. Insurance Rights shall include Insurance Actions.

Insurance Rights means, subject to any deductible or similar limitation, the right of the Investor to cause the Sellers to file and pursue claims under any Company Insurance Policy, and deliver any proceeds related thereto to Investor, to the extent such claim relates any Acquired Asset or Assumed Obligation or Jeffboat Contract Obligations.

Insurance Rights means any rights, property or assets arising out of, or relating to, any Corporation insurance or insurance contract.

Insurance Rights means any and all rights, titles, privileges, interests, claims, demands or entitlements of the Debtor to any proceeds, payments, initial or supplemental dividends, scheme payments, supplemental scheme payments, causes of action, and choses in action arising under or attributable to any Insurance Policies for TCE Claims, whether now existing or hereafter arising, accrued or unaccrued, liquidated or unliquidated, matured or unmatured, disputed or undisputed, fixed or contingent, including: (a) any and all rights of the Debtor to pursue or receive payments under any Insurance Policy for TCE Claims, whether for liability, defense or otherwise; (b) any and all rights of the Debtor to pursue or receive payments under any Insurance Policy for TCE Claims from any domestic or foreign insolvent Insurance Company, whether in receivership, liquidation, rehabilitation, run-off, scheme of arrangement, or any other form of proceeding; and (c) any and all rights of the Debtor to pursue or receive payments under any Insurance Policy for TCE Claims from any state insurance guaranty association in connection with any state insurance guaranty association statute.

Insurance Rights shall have the meaning ascribed in Section 6.32.

Insurance Rights means the rights, powers and privileges of a Debtor under an Insurance Policy.