Participant Release. Because IHN is not involved in the actual transaction between buyers and sellers, in the event that Participant has a dispute with one or more Users, Participant releases IHN (and its affiliates and the respective officers, directors, consultants agents and employees of each) from all claims, demands and damages of any kind and nature, known and unknown, suspected and unsuspected, disclosed and undisclosed, arising out of or in any way connected with such disputes, The Exchange, and/or the Application. If Participant is a California resident, Participant hereby waives California Civil Code §1542, which says: “A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executed the release, which if known by him must have materially affected his settlement with the debtor.”
Appears in 2 contracts
Sources: Service Agreement, Service Agreement