Common use of Liability and Release Clause in Contracts

Liability and Release. Effective upon the date first written above (the "Effective Date"), Assignor shall have no liability to CED or Assignee and except for Section 9.2.1 of the Plant O&M Agreement, CED and Assignee shall have no further liability to Assignor with respect to the Plant O&M Agreement (or any prior performance, past or future non performance, act or omission under or with respect to the Plant O&M Agreement) except as expressly set forth herein; and concurrent with the execution of this Agreement Assignor, CED and Assignee will each cause to be executed and delivered a Release Agreement in the form of Exhibit A-1 and A-2, attached hereto, respectively.

Appears in 1 contract

Sources: Assignment, Assumption and Novation Agreement (Coso Finance Partners)

Liability and Release. Effective upon the date first written above (the "Effective Date"), Assignor shall have no liability to CED CFP or Assignee and except for Section 9.2.1 of the Plant O&M Agreement, CED CFP and Assignee shall have no further liability to Assignor with respect to the Plant O&M Agreement (or any prior performance, past or future non performance, act or omission under or with respect to the Plant O&M Agreement) except as expressly set forth herein; and concurrent with the execution of this Agreement Assignor, CED CFP and Assignee will each cause to be executed and delivered a Release Agreement in the form of Exhibit A-1 and A-2, attached hereto, respectively.

Appears in 1 contract

Sources: Assignment, Assumption and Novation Agreement (Coso Energy Developers)

Liability and Release. Effective upon the date first written above (the "Effective Date"), Assignor shall have no liability to CED CPD or Assignee and except for Section 9.2.1 of the Plant O&M Agreement, CED CPD and Assignee shall have no further liability to Assignor with respect to the Plant O&M Agreement (or any prior performance, past or future non performance, act or omission under or with respect to the Plant O&M Agreement) except as expressly set forth herein; and concurrent with the execution of this Agreement Assignor, CED CPD and Assignee will each cause to be executed and delivered a Release Agreement in the form of Exhibit A-1 and A-2, attached hereto, respectively.

Appears in 1 contract

Sources: Assignment, Assumption and Novation Agreement (Coso Power Developers)