PPA Litigation definition
PPA Litigation means (i) any facts, circumstances, Claims, transactions, events, occurrences, acts, disclosures, statements, representations, omissions or failures to act, or matters of any kind or nature whatsoever, related directly or indirectly to, or facts or Claims for relief that could be alleged or litigated in connection with, the alleged failure of or the alleged failure to contribute the PPA Technology to the Seller and/or its subsidiaries (including Astaris Production LLC) and (ii) any benefits, recoveries, awards, damages, settlements or judgments with respect to any item listed in clause (i) above. For purposes of this definition, “Claims” shall mean any and all claims, causes of action, damages, losses, liabilities, obligations, expenses, debts, dues, sums of money, accounts, reckonings, contracts, controversies, agreements, promises and demands of any and every character, kind and nature whatsoever, whether known or unknown, fixed or contingent, direct or indirect, accrued or not accrued, liquidated or unliquidated or suspected or unsuspected, in contract or in tort or otherwise, and regardless of the legal, contractual or equitable basis thereof, including but not limited to any such claims, causes of action, damages, losses, liabilities, expenses, debts, dues, sums of money, accounts, reckonings, contracts, controversies, agreements, promises and demands based upon negligence, usury, misrepresentation, conspiracy, unconscionability, duress, economic duress, defamation, control, interference with contractual or business relationships, conflicts of interest, misuse of insider information, concealment, disclosure, secrecy, wrongful setoff, violations of statutes and regulations of governmental entities, instrumentalities and agencies, racketeering activities, securities or antitrust laws violations, tying arrangements, deceptive trade practices, breach or abuse of any alleged fiduciary duty, breach or abuse of any alleged duty of care or loyalty, breach of any alleged special relationship, course of conduct or dealing, alleged obligation of fair dealing, alleged obligation of good faith, alleged obligation of good faith and fair dealing, failure to provide notice of, or request consent to, any matter or action whether or not in connection with or related to an agreement, or any doctrine of piercing the corporate veil, alter ego, mere instrumentality or agency.
Examples of PPA Litigation in a sentence
Sidmak is in the process of negotiating a resolution of the PPA Litigation Cases through the Bankruptcy Case but is willing to also contribute consideration to obtain the releases contained herein and those proposed in the DCAS for itself and its affiliated parties; and ------------------ 1 All capitalized terms not otherwise defined herein shall have the meanings assigned to them in the DCAS.