Common use of DISCLOSURES AND MUTUAL RELEASE Clause in Contracts

DISCLOSURES AND MUTUAL RELEASE. Tenant acknowledges that Landlord has advised Tenant (i) that an earthquake fault may be located under a portion of the Project, and (ii) of the proximity of the Project to the Miramar military air base's vectored departure corridors and the potential overflights and associated noise generated by various military aircraft in the area. Landlord and Tenant hereby mutually release, acquit and discharge each other from any and all Claims which either party may have against the other party arising out of or in connection with (a) any earthquake affecting all or any portion of the Project (subject to Landlord's and Tenant's rights and obligations under Article 11 above), and (b) any such overflights and associated noise. PEREGRINE SYSTEMS CORPORATE CENTER [Peregrine Systems]

Appears in 3 contracts

Samples: Lease Option Agreement (Peregrine Systems Inc), Office Lease (Peregrine Systems Inc), Office Lease (Peregrine Systems Inc)

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DISCLOSURES AND MUTUAL RELEASE. Tenant acknowledges that Landlord has advised Tenant (i) that an earthquake fault may be located under a portion of the Project, and (ii) of the proximity of the Project to the Miramar military air base's vectored departure corridors and the potential overflights and associated noise generated by various military aircraft in the area. Landlord and Tenant hereby mutually release, acquit and discharge each other from any and all Claims which either party may have against the other party arising out of or in connection with (a) any earthquake affecting all or any portion of the Project (subject to Landlord's and Tenant's rights and obligations under Article 11 above), and (b) any such overflights and associated noise. PEREGRINE SYSTEMS CORPORATE CENTER [Peregrine Systems].

Appears in 2 contracts

Samples: Office Lease (Peregrine Systems Inc), Office Lease (Peregrine Systems Inc)

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