EPL Loss definition
EPL Loss means the amount for which an Insured Member is legally liable to a third party for a Claim resulting from an Employment Wrongful Act, including damages, compensation orders, interest, claimant’s costs and expenses, and punitive, exemplary, multiplied and aggravated damages.
EPL Loss means any liability arising out of or resulting from claims or complaints by former, current, or prospective employees or independent contractors of the Target alleging discrimination, wrongful termination, retaliation, workplace harassment or other employment practices-related violations.]2 Expiration Date means the relevant expiration date of this Policy stated in Item 3 of the Declarations. Finance Party means any bank, holder of debt securities, financial institution, hedge counterparties, lender, and/or any other person lending money, or making other banking facilities available, to the Insured or any Group Companies of the Insured in connection with the acquisition of the Target Group, and/or any refinancing of the debt of the Insured or its Group Companies, or any person from time to time appointed by any finance party to act as security trustee on behalf of such finance party.