Common use of CFD COUNTERPARTY RELEASE AND DISCHARGE Clause in Contracts

CFD COUNTERPARTY RELEASE AND DISCHARGE. With effect from the Effective Date, the CfD Counterparty releases and discharges the Transferor from all liabilities, duties and obligations of every description, whether deriving from contract, common law, statute or otherwise, whether present or future, actual or contingent, ascertained or disputed, owing to the CfD Counterparty and arising out of or in respect of the CfD Documents.