Examples of Insurer Parties in a sentence
The Trust Parties waive their rights to assert any such claims against the Certificate Insurer Parties and fully and finally release the Certificate Insurer Parties from any and all such claims, demands, obligations, actions and liabilities (other than in connection with the Certificate Insurer's gross negligence or willful misconduct).
The Insurer Parties shall have each exhausted the settling policies and shall have used up all of their limits as to claims settled hereunder.
The Debtors began to talk to the Insurer Parties about a settlement that would bring in more than the Policy Limits immediately for the benefit of Holders of Covered Claims (ideally avoiding years of litigation).
The Trust Parties waive their rights to assert any such claims against the Financial Guaranty Insurer Parties and fully and finally release the Financial Guaranty Insurer Parties from any and all such claims, demands, obligations, actions and liabilities (other than in connection with the Financial Guaranty Insurer's gross negligence or willful misconduct).
In no event will the Underwriters be liable for the fees and expenses of more than one counsel for all Insurer Parties in connection with any one action or separate but substantially similar or related actions in the same jurisdiction arising out of the same general allegations or circumstances.
In no event will the Bank be liable for the fees and expenses of more than one counsel for all Insurer Parties in connection with any one action or separate but substantially similar or related actions in the same jurisdiction arising out of the same general allegations or circumstances.
Nothing herein is intended to alter the Release and other protections given to the Insurer Parties under the Plan, and this Section shall not be applicable if the Insurance Settlement is not approved.
The Underwriter Parties and Issuer Parties shall cooperate with the Insurer Parties in resolving any event which would give rise to an indemnity obligation pursuant to Section 5(a) hereof in the most efficient manner.
The obligation of the Insurer Parties to make payments of their portion of the Limit shall be several and not joint.
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