Common use of Contractor’s Release Clause in Contracts

Contractor’s Release. KNOW ALL MEN BY THESE PRESENTS that I, {insert name}, in my capacity as {insert title} of { name of Contractor} agree that upon receipt of the sum of $ from the CITY OF PORTSMOUTH NEW HAMPSHIRE as final and completed payment for the construction of: do hereby on behalf of {name of Contractor} and its successors and assigns release, quit-claim and forever discharge the City of Portsmouth, New Hampshire, its successors and assigns, of and from all claims and demands arising from or in connection with the construction of the above-referenced project and the contract dated . All claims and demands shall include without limitation all actions, causes, suits, debts, dues, duties, sums of money, accounts, reckonings, bonds, bills, specifications, covenants, contracts, agreements, promises, damages and judgments whatsoever in law or equity against the City of Portsmouth, New Hampshire which Contractor ever had, now has or may have, for, upon or by reason of any matter, cause, or thing whatsoever; from the beginning of record time to the date of these presents.

Contractor’s Release. KNOW ALL MEN BY THESE PRESENTS that I, {insert name}, in my capacity as {insert title} of { name of Contractor} agree that upon receipt of the sum of $ from the CITY OF PORTSMOUTH NEW HAMPSHIRE as final and completed payment for the construction of: do hereby on behalf of {name of Contractor} and its successors and assigns release, quit-claim quit­claim and forever discharge the City of Portsmouth, New Hampshire, its successors and assigns, of and from all claims and demands arising from or in connection with the construction of the above-referenced above­referenced project and the contract dated . All claims and demands shall include without limitation all actions, causes, suits, debts, dues, duties, sums of money, accounts, reckonings, bonds, bills, specifications, covenants, contracts, agreements, promises, damages and judgments whatsoever in law or equity against the City of Portsmouth, New Hampshire which Contractor ever had, now has or may have, for, upon or by reason of any matter, cause, or thing whatsoever; whatsoever; from the beginning of record time to the date of these presents.