claims "claims" means any claim, defence, counterclaim, setoff, equity, action, legal proceeding or equitable interest of any kind relating to or arising out of an asset by the obligor or any third party against the seller or in respect of the asset, whether vested or contingent, present or future; ACT 587 - PENGURUSAN DANAHARTA NASIONAL BERHAD ACT 1998 2. Interpretation.