Common use of Informed Release Clause in Contracts

Informed Release. Each Releasing Party acknowledges that it understands the significance and potential consequences of the release of unknown claims and of the specific waiver of its rights under Section 1542. Except as otherwise agreed in this Agreement, each Releasing Party intends that the Claims released by it under this Agreement shall be construed as broadly as possible.

Appears in 2 contracts

Samples: Mutual and Limited Release Agreement (VIASPACE Green Energy Inc.), Mutual and Limited Release Agreement (VIASPACE Inc.)

AutoNDA by SimpleDocs

Informed Release. Each Releasing Party acknowledges The Parties herein acknowledge that it understands they understand the significance and potential consequences of the their release of unknown claims and of the specific waiver of its their rights under Section 1542. Except as otherwise agreed in this Agreement, each Releasing Party intends The Parties intend that the Claims claims released by it them under this Agreement shall be construed as broadly as possible.

Appears in 1 contract

Samples: Settlement Agreement (Jupiter Media Metrix Inc)

AutoNDA by SimpleDocs

Informed Release. Each Releasing Party acknowledges The Parties herein acknowledge that it understands they ---------------- understand the significance and potential consequences of the their release of unknown claims and of the specific waiver of its their rights under Section 1542. Except as otherwise agreed in this Agreement, each Releasing Party intends The Parties intend that the Claims claims released by it them under this Agreement shall be construed as broadly as possible.

Appears in 1 contract

Samples: Settlement Agreement (Netratings Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!