Common use of FULL AND FINAL SATISFACTION Clause in Contracts

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.