Common use of General Release - Claims Extinguished Clause in Contracts

General Release - Claims Extinguished. A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor.”

General Release - Claims Extinguished. A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor.”” The Parties further waive and release all rights and benefits under any similar law or legal principle of any jurisdiction with respect to the waiver or release of unknown and unsuspected claims granted in this Agreement.