Common use of FULL SETTLEMENT AND SATISFACTION Clause in Contracts

FULL SETTLEMENT AND SATISFACTION. Releasors hereby acknowledge full and final resolution of any and all claims of whatsoever kind or character which they may have against the Releasees by reason of the above mentioned damages, losses or injuries (including but not limited to any wrongful death or survivor claims), causes of action, right of contribution, subrogation, or reimbursement, demand, or lien, whether known or unknown, suspected or unsuspected and whether asserted by a third party, non-party, cross-claimant, or otherwise, relating in any way to the subject matter of the Lawsuit. The Releasors expressly acknowledge and agree that the settlement funds described in Section IV.A above are the only monies that the Releasors, or any person or entity claiming by, through or under Releasors, can collect from Releasees in relation to the subject matter of the Lawsuit. The Releasors hereby expressly acknowledge that the indemnification provisions of this Agreement are intended to protect Releasees and their insurers from any such future claims or liabilities related in any way to the Lawsuit or the allegations giving rise to the Lawsuit.