In large resealable plastic bag, add chicken and taco seasoning mix. Seal and shake to coat chicken evenly.
In 12-inch nonstick skillet, heat oil over medium-high heat. Cook chicken 5 to 7 minutes, turning once, until browned on both sides. Remove chicken from skillet and cover to keep warm.
To same skillet, add Rice Mixture ingredients; heat to boiling.
Cover and reduce heat to medium-low. Simmer about 15 minutes or until liquid has been reduced by about half.
Stir mixture thoroughly and place chicken on top of the rice.
Cover and continue cooking 12 to 15 minutes or until juice of chicken is clear when center of thickest part is cut (at least 165°F), and rice is tender.
Meanwhile, in mini food processor or blender, combine Cilantro-Lime Sauce ingredients; blend until smooth, scraping down sides of blender as necessary. Transfer mixture to small resealable plastic bag.
Remove chicken and cut at angle into 1/2-inch slices. Then return chicken to skillet.
Cut the corner off one end of the sauce bag and squeeze on top of sliced chicken and rice before serving.
Optional: Garnish with chopped cilantro and lime wedges.