Common use of Release of Released Claims Clause in Contracts

Release of Released Claims. As of the Effective Date of the Settlement, the Releasing Parties shall be deemed to have fully, and forever released the Released Parties from all Released Claims described in Section II(A)(19) above. Without limiting the foregoing, the Released Claims released pursuant to this Settlement specifically extend to all claims and potential claims that the Releasing Parties do not know of or suspect to exist in their favor as of, or prior to, the Effective Date, within the definition of Released Claims. In connection with such releases, waivers, and relinquishment, the Releasing Parties acknowledge that they are aware that they may hereafter discover facts in addition to, or different from, those facts which they now know or believe to be true with respect to the subject matter of the Settlement, but that they release fully, finally and forever all Released Claims, and in furtherance of such intention, the release will remain in effect notwithstanding the discovery or existence of any such additional or different facts. Plaintiff acknowledges (and all Settlement Class Members by operation of law shall be deemed to have acknowledged) that the release of unknown Released Claims as set forth herein was separately bargained for and was a key element of the Settlement.

Appears in 1 contract

Sources: Settlement Agreement

Release of Released Claims. As of the Effective Date of the Settlement, the Releasing Parties shall be deemed to to, and shall, in fact, have fullyremised, released, and forever released the Released Parties from discharged, waived, and relinquished any and all Released Claims described in Section II(A)(19II(26) above. Without limiting the foregoing, above against any of the Released Claims released pursuant to this Settlement specifically extend to all claims and potential claims that the Releasing Parties do not know of or suspect to exist in their favor as of, or prior to, the Effective Date, within the definition of Released ClaimsParties. In connection with such releases, waivers, waivers and relinquishment, the Releasing Parties acknowledge that they are aware that they may hereafter discover facts in addition to, or different from, those facts which they now know or believe to be true with respect to the subject matter of the SettlementSettlement and Released Claims, but that it is their intention that they release fully, finally and forever all Released Claims, and in furtherance of such intention, the release will remain in effect notwithstanding the discovery or existence of any such additional or different facts. Plaintiff acknowledges (and all Settlement Class Members by operation of law shall be deemed to have acknowledged) that the release of unknown Released Claims as set forth herein was separately bargained for and was a key element of the Settlement. Without limiting the foregoing, the Released Claims released pursuant to this Settlement specifically extend to all claims and potential claims that the Releasing Parties do not know of or suspect to exist in their favor as of, or prior to, the Effective Date, within the definition of Released Claims.

Appears in 1 contract

Sources: Settlement Agreement

Release of Released Claims. As of the Effective Date of the Settlement, the Releasing Parties shall be deemed to have fully, and forever released the Released Parties from all Released Claims described in Section II(A)(19II(A)(18) above. Without limiting the foregoing, the Released Claims released pursuant to this Settlement specifically extend to all claims and potential claims that the Releasing Parties do not know of or suspect to exist in their favor as of, or prior to, the Effective Date, within the definition of Released Claims. In connection with such releases, waivers, waivers and relinquishment, the Releasing Parties acknowledge that they are aware that they may hereafter discover facts in addition to, or different from, those facts which they now know or believe to be true with respect to the subject matter of the Settlement, but that they release fully, finally and forever all Released Claims, and in furtherance of such intention, the release will remain in effect notwithstanding the discovery or existence of any such additional or different facts. Plaintiff acknowledges (and all Settlement Class Members by operation of law shall be deemed to have acknowledged) that the release of unknown Released Claims as set forth herein was separately bargained for and was a key element of the Settlement.

Appears in 1 contract

Sources: Settlement Agreement