FULL AND FINAL SATISFACTION Clause Samples
The "Full and Final Satisfaction" clause establishes that, upon fulfillment of the specified obligations or payment, all claims and disputes between the parties related to the agreement are considered completely resolved. In practice, this means that once a party has performed as required—such as making a settlement payment or delivering agreed goods or services—neither party can pursue further claims or legal action regarding the same matter. This clause serves to provide closure and certainty, ensuring that the parties cannot revisit or reopen the dispute after resolution, thereby preventing ongoing or future litigation over the same issues.
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FULL AND FINAL SATISFACTION. Subject to sections 15.06 and 15.08, the Band agrees that this Agreement is intended to and does give effect to the full and final satisfaction of any and all obligations or undertakings of Canada relating to Treaty land entitlement in respect of the Band including, without limitation, all manner of costs, legal fees, travel expenses and other costs incurred by the Band or its representatives in negotiations relating to this Agreement or otherwise and that Canada, by carrying out its obligations pursuant to this Agreement shall be deemed to have completely fulfilled, and thereby concluded, the Treaty land entitlement rights of the Band, and the Treaty land entitlement obligations of Canada to the Band.
FULL AND FINAL SATISFACTION. This settlement shall constitute full and final satisfaction of all civil claims for penalties which Complainant has under Section 309(g) of the CWA, 33 U.S.C. § 1319(g), for the violations alleged in this CA. Compliance with the requirements and provisions of this CAFO shall not be a defense to any action commenced at any time for any other violation of the federal laws and/or regulations administered by EPA.
FULL AND FINAL SATISFACTION. The notice of termination and/or payments in lieu of such notice provided to the Executive pursuant to Sections 3.3 or 3.4 or 3.5 above are inclusive of any and all statutory and other obligations that i-80 Gold has to the Executive arising out of the termination of their employment. The Parties understand and agree that the notice and/or payments set out in Sections 3.3 or 3.4 or 3.5 above will be provided in full and final satisfaction of i-80 Gold's obligations to the Executive upon the termination or cessation of their employment, and that in exchange for this notice and/or these payments, the Executive agrees to sign and return a Full and Final Release to i-80 Gold, in favour of i-80 Gold (and its directors, officers, employees and agents) in a form acceptable to i-80 Gold. Further, the Executive acknowledges and agrees that upon receipt of the notice and/or payments set out in Sections 3.3 or 3.4 or 3.5 above, i-80 Gold will have no further or other liability to the Executive whatsoever. If the Executive does not sign and return the Full and Final Release in favour of i-80 Gold, then the Executive will only be entitled to the Executive's minimum entitlements under the ESA.
FULL AND FINAL SATISFACTION. Payment of the Settled Claim Amount shall constitute full and final satisfaction of the Lien Claim and any obligations asserted thereunder, including, without limitation, any claim for interest and/or attorney's fees related to the Lien Claim. The Lien Claimant agrees that, upon payment of the Settled Claim Amount from the Mechanic’s Lien Escrow Account, it will not assert any further claims against the Property, the Corpus Christi Plant, the Debtors, the Mechanic’s Lien Escrow Account (i.e. the Corpus Christi Mechanics’ Lien Reserve (as defined in the Plan)), CCP, or any of their respective officers, directors, employees, agents, attorneys, representatives, subsidiaries, affiliates, members or shareholders (in each case, in their respective capacities as such) or any other party in connection with the liabilities asserted in the Lien Claim or the Lien Documents.
FULL AND FINAL SATISFACTION. This CAFO constitutes a settlement by EPA of all claims for civil penalties pursuant to Sections 3008 of the RCRA, 42 U.S.C. § 6928, Section 309 of the CWA, 33 U.S.C. § 1319, Section 325(c) of the EPCRA, 42 U.S.C. § 11045(c), and Section 113 of the CAA, 42 U.S.C. § 7413, for the specific violations alleged in this CAFO. This CAFO constitutes the entire agreement and understanding of the parties regarding settlement of all claims pertaining to specific violations alleged herein, and there are no representations, warranties, covenants, terms, or conditions agreed upon between the parties other than those expressed in this CAFO.
FULL AND FINAL SATISFACTION. The benefits and payments provided to the Executive pursuant to Section 3.3 above are inclusive of any and all statutory and other obligations that Premier USA has to the Executive arising out of the termination of their employment. The Parties understand and agree that the payments set out in Section 3.3 above will be provided in full and final satisfaction of Premier USA’s obligations to the Executive upon the termination or cessation of their employment.
FULL AND FINAL SATISFACTION. The Employee understands and agrees that if their employment is terminated or ceases (as the case may be) they will not be entitled to any additional notice, pay in lieu of notice, severance, or any other payments or entitlements, except for those minimum entitlements required by the ESA as set out in this Article 3. For clarity, and without limiting the generality of the foregoing, the Employee agrees that upon termination, they shall not be entitled to common law reasonable notice or pay in lieu thereof. However, in no event will the Employee receive less upon termination than those minimum requirements prescribed by the ESA.
FULL AND FINAL SATISFACTION. The Amended Plan shall provide that the Noteholders' Payment to be made pursuant to the alternative mechanisms set forth in either paragraphs 2 or 3 of this Agreement shall be in full and final satisfaction of all claims that Holdings, the record and beneficial owners of the Outstanding Notes, or the Trustee have or could assert against KLT or any of its affiliates in any or all of the DTI Cases or otherwise.
FULL AND FINAL SATISFACTION. Except as specifically described above or as expressly otherwise stated in the Agreement, Design-Build Firm accepts the terms of this Amendment as full and final satisfaction to all claims, adjustments, and Contract revisions associated with such Amendment, and acknowledges that no further adjustment to the
FULL AND FINAL SATISFACTION. The Parties agree that the termination entitlements set out in this Article 4 shall be provided in full and final satisfaction of the Company’s obligations to the Executive upon the termination or cessation of his employment and that the Executive shall sign and return a Full and Final Release in favor of the Group in the form attached as Exhibit B to this Agreement following the end of the Term or, if earlier, following the Executive’s “separation from service” (within the meaning of Section 409A). Further, the Executive acknowledges and agrees that upon receipt of his termination entitlements under this Article 4, the Company shall not have any further or other liability to the Executive whatsoever, except any liability pursuant to any indemnity agreement provided the Company to the Executive (subject only to Section 3.6 of this Agreement), and the Executive hereby waives any right that he has, or may have, to receive reasonable notice at common law or pay in lieu of such notice. Notwithstanding anything to the contrary, the Executive shall not be required to release any right the executive has to indemnity or to enforce any right of indemnity (including directors’ and officers’ liability insurance coverage) as a director or officer or a former director or officer of the Company or the Group.