Release Provisions Sample Clauses

Release provisions are contractual clauses that specify the conditions under which one party relinquishes or waives certain legal claims or rights against another party. Typically, these provisions apply when a dispute is settled, a contract is terminated, or a payment is made, and they may cover known or unknown claims arising from the agreement. By clearly defining the scope and timing of the release, these provisions help prevent future lawsuits or disputes related to the same subject matter, thereby providing finality and reducing ongoing legal risk for the parties involved.
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Release Provisions. The provisions of Schedule B(1) – CPC Escrow Securities are incorporated into and form part of this Agreement.
Release Provisions. The provisions of Schedule B(2) – Value Security Escrow Agreement for Tier 2 Issuer are incorporated into and form part of this Agreement.
Release Provisions. Subject to the Policy and sections 2.5, 2.6, 2.7, 3.2 and 3.3 of this Agreement, the escrow securities will be released from escrow in accordance with the following release provisions: (a) all options granted prior to the date of the Final QT Exchange Bulletin and all option shares that were issued prior to the date of the Final QT Exchange Bulletin will be released from escrow on the date of the Final QT Exchange Bulletin, other than options that were gIPrO awinth taneexdercispe prricie othart is letsso the than the issue price of the IPO Shares and any option shares that were issued pursuant to the exercise of such options which will be released from escrow in accordance with the schedule set out in section 2.1(b); (b) except for the options and option shares that are released from escrow on the date of the Final QT Exchange Bulletin as provided for in section 2.1(a), all escrow securities will be released from escrow in accordance with the following schedule: Release Dates Percentage to be Released
Release Provisions. The provisions of Schedule(s) [Insert schedule reference(s)] are incorporated into and form part of this Agreement.
Release Provisions. 1. In exchange for the consideration described in this Letter Agreement, including the Termination Payment, and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, you for yourself and for your heirs, assigns, executors, administrators, agents and successors, past and present (collectively, the “Employee Affiliates”), hereby fully and without limitation release, covenant not to s▇▇, and forever discharge the Company and its subsidiaries, parent companies, divisions, affiliated corporations, affiliated partnerships, trustees, directors, officers, shareholders, partners, agents, representatives, employees, consultants, insurance carriers, attorneys, heirs, assigns, executors and administrators, predecessors and successors, past and present (the “Releasees”), both individually and collectively, from any and all rights, claims, demands, liabilities, charges, complaints, obligations, promises, agreements, controversies, debts, actions and causes of action whether in law or in equity, suits, damages, losses, workers’ compensation claims, attorneys’ fees, costs, and expenses, of whatever nature whatsoever, known or unknown, fixed or contingent, suspected or unsuspected (“Claims”), that you or the Employee Affiliates now have, or may ever have, against the Company or any of the other Releasees for any acts or omissions by the Company or any of the other Releasees occurring prior to the Effective Date of this Agreement. Without limiting the generality of the foregoing, this Release applies to any Claims that you or the Employee Affiliates now have, or may ever have, against the Company or any of the other Releasees that arise out of, or are in any manner related to any of the following: (i) your employment by the Company or any of the other Releasees; (ii) the termination of your employment with the Company or any of the other Releasees; and (iii) any transactions, occurrences, acts or omissions by the Company or any of the other Releasees occurring prior to the Effective Date of this Agreement. 2. Without limiting the generality of the foregoing, you specifically and expressly release any Claims against the Company and the other Releasees occurring prior to the Effective Date of this Agreement arising out of or related to violations of any federal or state employment discrimination law, including Executive Order 11141, the Age Discrimination In Employment Act, Title VII of the Civil Rights Act of 1964, 29 U.S.C. §1...
Release Provisions. The provisions of Schedule B(1) are incorporated into and form part of this Agreement.
Release Provisions. If the Settlement Agreements are approved and become effective, you and all Class Members will be bound by the terms of the Settlement Agreements, and upon their becoming effective, you will be releasing Visa, MasterCard and other entities from certain claims as set forth below, including claims relating in any way to any conduct prior to January 1, 2004 concerning any claims alleged in the Second Amended Consolidated Class Action Complaint or any of the complaints consolidated therein, including, without limitation, claims which have been asserted or could have been asserted in this litigation, as follows: Visa, MasterCard and their past, present or future officers, directors, stockholders, member financial institutions, agents, employees, legal representatives, trustees, parents, associates, affiliates, subsidiaries, divisions, partners, heirs, executors, administrators, purchasers, predecessors, successors and assigns (the "Released Parties") shall be released and forever discharged from all manner of claims, demands, actions, suits, causes of action against the Released Parties, whether class, individual, or otherwise in nature, damages whenever incurred, liabilities of any nature whatsoever, including costs, expenses, penalties and attorneys’ fees, known or unknown, suspected or unsuspected, in law or equity, that any Plaintiff or Class Members who have not timely excluded themselves from the Class Action (including any of their past, present or future officers, directors, stockholders, agents, employees, legal representatives, trustees, parents, associates, affiliates, subsidiaries, divisions, partners, heirs, executors, administrators, purchasers, predecessors, successors and assigns), whether or not they object to the Settlement and whether or not they make a claim upon or participate in the Settlement Fund, whether directly, representatively, derivatively or in any other capacity, ever had, now has or hereafter can, shall or may have, relating in any way to any conduct prior to January 1, 2004 concerning any claims alleged in the Second Amended Consolidated Class Action Complaint or any of the complaints consolidated therein, including, without limitation, claims which have been asserted or could have been asserted in this litigation which arise under or relate to any federal or state antitrust, unfair competition, unfair practices, or other law or regulation, or common law, including, without limitation, the ▇▇▇▇▇▇▇ Act, 15 U.S.C § 1 et seq. (the...
Release Provisions. 11.1 Upon entry of the Final Approval Order and Judgment and after the Final Effective Date, each and every Settlement Class Member (including the Named Plaintiffs) shall be deemed to and does hereby release and forever discharge all Settling Defendants and all Related Persons and Entities from any and all Released Claims. Each Settlement Class Member shall be barred and enjoined from initiating, asserting or prosecuting any of the Released Claims against any of the Settling Defendants or Related Persons and Entities. 11.2 Upon entry of the Final Approval Order and Judgment, and after the Final Effective Date, the Settling Defendants and Related Persons and Entities, and each of them, shall be deemed to and does hereby release and forever discharge all Named Plaintiffs, Settlement Class Members and Class Counsel from any claim arising from or related to the prosecution of the Action, including without limitation, any claim for malicious prosecution or abuse of process. The Settling Defendants and Related Persons and Entities, and each of them, shall be barred and enjoined from initiating, asserting or prosecuting any such claim. 11.3 With respect to any and all claims released herein, for good and valuable consideration, the Named Plaintiffs alone shall be deemed to have, and by operation of the Final Approval Order and Judgment contemplated by this Agreement shall have, fully, finally, and forever expressly waived and relinquished, to the fullest extent permitted by law, any and all provisions, rights and benefits of section 1542 of the Civil Code and any and all provisions, rights and benefits conferred by any law of any state or territory of the United States or principle of common law that is similar, comparable or equivalent to section 1542 of the Civil Code, which provides: A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS THAT THE CREDITOR OR RELEASING PARTY DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, AND THAT, IF KNOWN BY HIM OR HER, WOULD HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR OR RELEASED PARTY. 11.4 This waiver shall apply even if facts are later discovered that are different from or in addition to those which they now know or believe to be true with respect to the matters released herein. 11.5 This Agreement shall constitute a full and complete defense to, and may be used as a basis for, a permanent injunction against any such action, suit or other proceeding which may be institut...
Release Provisions. For the entire period of the Executive’s employment by the Company, including his Retention Period, up to the Release Date:
Release Provisions. The Mortgagee and its assignees and subsequent holders of the Note, shall deliver to Mortgagor partial releases of this Mortgage for portions of Property secured by this Mortgage upon payment of a release price equal to Fourteen Thousand Dollars ($14,000.00) per acre for each acre of area within each parcel which Mortgagee seeks a release for a release payment, provided (i) Mortgagor will not be entitled to a partial release if there is any default remaining uncured pursuant to the Note or Mortgage; (ii) Mortgagor shall first have submitted a survey designating the parcel to be released and its total square footage, and also showing the remainder of the Property or a copy of the recorded plat for any platted lot being released; (iii) such release shall not cause any of the remaining Property to become landlocked; (iv) the dimensions and layout of the parcel being released shall be reasonably acceptable to the Mortgagee with respect to there not being a disproportionate amount of road frontage included, and the release shall not render the size or configuration of the remainder of the Property to be commercially unacceptable or otherwise adversely impacted; (v) any easements necessary to extend utility lines or facilities under or across the parcel to be released to serve the remainder of the Property shall be created and granted concurrently with the release; and (vi) the principal payment shall be applied against the Note in the reverse order of maturity. Each such payment of a release price shall be applied as an advance payment of principal of the Note. EXECUTED effective the 27 day of September, 2002. MORTGAGOR: CAPITOL DEVELOPMENT OF ARKANSAS, INC., an Arkansas corporation By: /s/ M▇▇▇▇▇▇ ▇. ▇▇▇▇ ------------------------------ Name: M▇▇▇▇▇▇ ▇. ▇▇▇▇, PRESIDENT MORTGAGE PAGE 10 OF 12 PAGES Title: PRESIDENT MORTGAGE PAGE 11 OF 12 PAGES STATE OF FLORIDA COUNTY OF PALM BEACH ACKNOWLEDGMENT On this 27 day of September, 2002, before me, a Notary Public, duly commissioned, qualified and acting, within and for said County and State, appeared in person the within named M▇▇▇ ▇▇▇▇, being the person authorized by Capitol Development of Arkansas, Inc. to execute such instrument, to me personally well known, who stated that he was the President of Capitol Development of Arkansas, Inc., executed and delivered said foregoing instrument for the consideration, uses and purposes therein mentioned and set forth.