Acknowledgement; Release Sample Clauses
The 'Acknowledgement; Release' clause serves to confirm that a party recognizes certain facts, rights, or obligations and formally relinquishes any claims or liabilities related to them. In practice, this clause may require a party to acknowledge receipt of payment, performance of duties, or the existence of specific circumstances, and then release the other party from any further responsibility or potential disputes arising from those matters. Its core function is to provide legal certainty and finality by preventing future claims or disagreements over the acknowledged and released issues.
Acknowledgement; Release. The Executive assumes all risk of the creditworthiness of the Insurer and acknowledges that the Corporation makes no representation or guarantee of the creditworthiness of any Insurer. The Executive acknowledges and agrees that in consideration of the Executive's participation in the Plan, the Executive is waiving the right to continue participation in the Corporation's group life insurance plan (which provided a death benefit of $50,000) and related accidental death and disability benefit. The Executive acknowledges responsibility for all federal, state and local tax consequences imposed on the Executive's participation in the Plan and further acknowledges that the Corporation has not made any representations or guarantees of the present or future tax consequences of the Executive's participation in the Plan.
Acknowledgement; Release. By signing below, you acknowledge and agree that: (a) you understand that the Tangible Book Value and Target Value assigned to your Award will be determined in accordance with procedures adopted by the Board and may not be the same as the fair market value of the Company’s stock; (b) you are not relying upon any written or oral statement or representation of the Company or any of its employees, directors, officers, attorneys or agents (the “Company Parties”) regarding the tax effects associated with your execution of this Agreement and your receipt, and ultimate distribution, of the Award; and (c) in deciding to enter into this Agreement, you are relying on your own judgment and the judgment of the professionals of your choice with whom you have consulted. You hereby release, acquit, and forever discharge the Company Parties from all actions, causes of actions, suits, debts, obligations, liabilities, claims, damages, losses, costs and expenses of any nature whatsoever, known or unknown, on account of, arising out of, or in any way related to the tax effects associated with your execution of this Agreement and your receipt, and ultimate settlement, of your Award.
Acknowledgement; Release. The Companies acknowledge and agree that they have no existing defense, counterclaim, offset, cross-complaint, claim or demand of any kind or nature whatsoever that can be asserted to reduce or eliminate all or any part of any of its liability to pay the full indebtedness outstanding under the terms of this Agreement and any other documents which evidence, guaranty or secure the Obligations. As of the Closing Date, the Companies hereby release and forever discharge the Agent, the Banks and all of their respective officers, directors, parents, subsidiaries, affiliates, predecessors, successors, employees, attorneys, advisors, accountants, representatives, consultants and agents (the “ Related Releasees ”) from any and all existing actions, causes of action, debts, dues, claims, demands, liabilities and obligations of every kind and nature, both in law and in equity, known or unknown, whether matured or unmatured, absolute or contingent, including actual, consequential, punitive and other damages that either of them may have against the other and/or the Related Releasees relating to or 106 arising from this Agreement or the other Loan Documents and/or any and all transactions hereunder and thereunder or related thereto, in each case other than any liability to pay the full indebtedness and other amounts owing under the terms of this Agreement and the other Loan Documents, and any other documents which evidence, guaranty or secure the Obligations hereunder and the “Obligations” as such term (or equivalent term however denominated) is used in any of the other Loan Documents.
Acknowledgement; Release. The Client acknowledges and agrees that ImmediaCare does not provide emergency and critical care services and will provide only the limited, routine, non-emergency Medical Services and that are requested by Eligible Individuals and/or the Client. Nothing in this Agreement shall limit, prohibit or prevent an Eligible Individual from seeking or obtaining medical care or treatment from the Eligible Individual's attending physician, a specialist, a hospital or another health care provider. The Client hereby releases ImmediaCare, its owners, officers, managers, employees and agents from any and all liability, claims, causes of action, costs and expenses resulting from the failure of an Eligible Individual to seek or obtain timely medical care or treatment or its failure to provide any services beyond the Medical Services.
Acknowledgement; Release. You acknowledge and agree that: (a) you are not relying upon any written or oral statement or representation of the Company, any Subsidiary or Affiliates, or any of their respective employees, directors, officers, attorneys, or agents (collectively, the “Company Parties”) regarding the tax effects associated with your execution of this Agreement and your receipt, and ultimate distribution, of the Award; and (b) in deciding to enter into this Agreement, you are relying on your own judgment and the judgment of professionals of your choice with whom you have consulted. You hereby release, acquit, and forever discharge the Company Parties from all actions, causes of actions, suits, debts, obligations, liabilities, claims, damages, losses, costs and expenses of any nature whatsoever, known or unknown, on account of, arising out of, or in any way related to the tax effects associated with your execution of this Agreement and your receipt, and ultimate distribution, of the Award.
Acknowledgement; Release. Buyer acknowledges and agrees that except as expressly set forth in this Agreement or in agreements delivered at the close of escrow, Seller does not make any representations, warranties, promises, covenants, agreements, or guarantees of any kind or character whatsoever, that are expressed or implied, oral or written, past, present, or future of, as to, concerning, or with respect to Property or the condition of the Property. Buyer further acknowledges and agrees that, except for representations and covenants in this Agreement, the sale of the Property is made on an “as is” and “where is” and “with all faults.” It is understood and agreed that the purchase price has been adjusted by prior negotiations to reflect that the Property is sold by Seller and purchased by Buyer and subject to the foregoing. The provisions of this subsection shall survive the close of escrow. Buyer as of the close of escrow, on behalf of itself, its heirs, executors, successors, and assigns, does hereby waive, release, and forever discharge Seller, and Seller’s agents and employees, from any and all claims, actions, causes of action, demands, liabilities, damages, costs, expenses, penalties, or compensation whatsoever, including attorneys’ fees, whether direct or indirect, known or unknown, foreseeable or unforeseeable, which Buyer may have at close of escrow or which may arise in the future on account of or in any way related to or connected with the Property, or the purchase and sale of the Property, including, without limitation, any matters described above. In such regard, Buyer hereby waives the protection of California Civil Code Section 1542, which reads as follows: A general release does not extend to claims which the creditor does not know or suspect to exist in his or her favor at the time of executing the release, which if known by him or her must have materially affected his or her settlement with the debtor. Notwithstanding the foregoing, no release or waiver by Buyer set forth herein shall constitute a release or waiver of (a) Seller’s performance of its covenants under this Agreement, (b) any fraud by Seller in connection with this Agreement or (c) any representations by Seller in this Agreement.