ITL Claims definition
ITL Claims means any and all civil claims, charges, demands, subpoenas, discovery requests, actions, suits, liabilities, obligations, judgments, orders, debts, liens, covenants, expenses, counterclaims, rights of set-off, claims for indemnity, causes of action, proceedings or rights or interests of any kind or nature whatsoever, as well as claims for interest and costs, for any conduct or acts or omissions prior to the Signature Date, whether known or unknown, suspected or unsuspected, accrued or unaccrued, however and whenever arising or capable of arising and in whatever jurisdiction, whether in a court, tribunal and/or in arbitration, including (but not limited to) any claims for costs, or for damages including punitive damages and penalties or any multiple thereof imposed by civil courts and whether on the basis of contract, equity, tort, fraud, restitution or unjust enrichment or otherwise, provided that such claim arises out of or relates to, or is connected with any matters, or the alleged acts (or omissions) forming the basis of the claims, that have been raised or asserted, or could have been raised or asserted, in relation to any matters related to EU Claims. ITL Group Companies means ITL and all of its Affiliates and subsidiaries existing at the date of this MCA . MCA means this Mutual Cessation Agreement as it may be amended from time to time. Party or Parties means a party or parties to this MCA who is/are listed or referred to at the head of this MCA. Signature Date means, for ITL, the EU and each initial Participating Member State, the Execution Date, and for each subsequent Participating Member State, the date on which that Participating Member State executed a signature page to this Agreement.
Examples of ITL Claims in a sentence
For the avoidance of doubt, the Parties granting waivers, releases or discharges acknowledge that the Parties thereby benefiting do not admit and shall be deemed not to have admitted, liability for any of the matters waived, released or discharged pursuant to this MCA or the truth, or arguability, of any factual allegation made in any of the EU Claims or the ITL Claims directed against such benefited Parties.