Further Assurances; Release Clause Samples
The "Further Assurances; Release" clause requires the parties to take any additional actions or provide documents necessary to fully implement the agreement's terms. In practice, this might involve signing supplemental paperwork, cooperating with regulatory filings, or providing information needed to complete a transaction. The clause ensures that the agreement can be effectively carried out and that no party can withhold cooperation needed to fulfill its intent, thereby preventing delays or obstacles in executing the contract.
POPULAR SAMPLE Copied 1 times
Further Assurances; Release. (a) The Parties agree to execute and deliver, or cause to be executed and delivered, such further instruments or documents or take such other action as may be reasonably necessary or convenient to carry out the transactions contemplated hereby.
(b) Effective as of the Closing, each HEC Member, on behalf of such HEC Member and each of such HEC Member’s Affiliates, representatives, successors, heirs and assigns (collectively, the “Releasors”) hereby irrevocably releases and forever discharges and holds harmless the Sellers’ Representative, HEC and each other HEC Member and such HEC Member’s Affiliates and representatives, from and against any and all liabilities or actions, suits, investigations or proceedings (including any arbitration or mediation or similar proceedings), of any nature whatsoever in law or in equity, whether currently known or unknown, suspected or claimed, whether pursuant to contract, statute or otherwise, in each case, arising out of or relating to this Contribution Agreement and the transactions contemplated hereby.
Further Assurances; Release. Following the Closing, each of the parties hereto shall, and shall cause their respective Affiliates to, execute and deliver such additional documents, instruments, conveyances and assurances and take such further actions as may be reasonably required to carry out the provisions hereof and give effect to the transactions contemplated by this Agreement. As of the Closing, each of the Sellers and SBE Holdco each hereby irrevocably waives and releases the Company, Buyer, and their respective present and former Representatives, from any and all actions, claims, causes of action or liabilities, in law or equity, known or unknown, and whether or not heretofore asserted, which such Seller or SBE Holdco ever had, now has or hereafter can, shall or may have against any of the foregoing for, upon or by reason of any matter, cause or thing whatsoever since the formation of the Company to the Closing.