Common use of Certain Claims Not Affected By General Release Clause in Contracts

Certain Claims Not Affected By General Release. 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; or by any law of any state or territory of the United States, or principle of common law, which is similar, comparable, or equivalent to Section 1542 of the California Civil Code.

Appears in 4 contracts

Samples: Settlement Agreement, Settlement Agreement (Liberated Syndication Inc.), Settlement Agreement (Camac Fund, LP)

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Certain Claims Not Affected By General Release. A general release does not extend to claims that which 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 thatrelease, which if known by him or her, would her must have materially affected his or her settlement with the debtor or released partydebtor; or by any law of any state or territory of the United States, foreign law, or principle of common law, which is similar, comparable, comparable or equivalent to Section § 1542 of the California Civil Code.

Appears in 1 contract

Samples: Settlement Agreement and Release (Kv Pharmaceutical Co /De/)

Certain Claims Not Affected By General Release. 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; or by any law of any state or territory of the United States, or principle of common law, which is similar, comparable, or equivalent to Section 1542 of the California Civil Code.

Appears in 1 contract

Samples: Severance Agreement and General Release (KULR Technology Group, Inc.)

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Certain Claims Not Affected By General Release. A general release does not extend to claims that which 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 thatrelease, which if known by him or her, would must have materially affected his or her settlement with the debtor or released partydebtor; or by any law of any state or territory of the United States, or principle of common law, which is similar, comparable, comparable or equivalent to Section §1542 of the California Civil Code.

Appears in 1 contract

Samples: Settlement Agreement

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