Common use of Release By Netcruise Parties Clause in Contracts

Release By Netcruise Parties. The Netcruise Parties, and each of them, hereby fully, finally and forever release and discharge the UIT Parties, and each of them, and their respective past and present officers, directors, employees, agents, shareholders, heirs, successors and assigns, from and against any and all claims of any nature whatsoever, whether known, unknown, concealed or hidden, which any of them now has or heretofore has had or now or hereafter may be deemed to have for any reason whatsoever, whether arising under the Amended APA or otherwise; provided, however, that the foregoing shall be inapplicable to any claims arising under or by virtue of this Agreement.

Release By Netcruise Parties. The Netcruise Parties, ---------------------------- and each of them, hereby fully, finally and forever release and discharge the UIT Parties, and each of them, and their respective past and present officers, directors, employees, agents, shareholders, heirs, successors and assigns, from and against any and all claims of any nature whatsoever, whether known, unknown, concealed or hidden, which any of them now has or heretofore has had or now or hereafter may be deemed to have for any reason whatsoever, whether arising under the Amended APA or otherwise; provided, however, that the foregoing shall be inapplicable to any claims arising under or by virtue of this Agreement.