Complete Release by the Company. As of the Settlement Date, the Company irrevocably and unconditionally releases, acquits, and forever discharges the Obligor, his heirs, assigns, and any successors to his interest, from any and all known or unknown claims, charges, promises, actions, or similar rights that the Company presently may have (“Claims”) relating in any way to its rights to collect the Indebtedness. The Company understands that the Claims that it is releasing might arise under many different laws (including statutes, regulations, other administrative guidance, and common law doctrines), and include without limitation claims such as breach of contract, implied contract, promissory estoppel, or claims under any federal, state or local statute, law, order or ordinance.
Appears in 5 contracts
Samples: Loan Cancellation and Release Agreement (Telx Group, Inc.), Loan Cancellation and Release Agreement (Telx Group, Inc.), Loan Cancellation and Release Agreement (Telx Group, Inc.)
