Common use of Release and Indulgence Clause in Contracts

Release and Indulgence. Any liability to any Party may in whole or in part be released, compounded or compromised or time or indulgence given by any other Party in writing in their absolute discretion, as regards any of the Parties under such liability without in any way prejudicing or affecting their rights against any other Party or Parties under the same or a like liability whether joint and several or otherwise.

Appears in 9 contracts

Samples: Termination Agreement (Pedevco Corp), Shares Subscription Agreement (Pedevco Corp), Credit Support Agreement (MIE Holdings Corp)

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Release and Indulgence. Any liability to any Party may in whole or in part be released, compounded or compromised or time or indulgence given by that Party in that Party’s absolute discretion as regards any other Party in writing in their absolute discretion, as regards any of the Parties under such liability without in any way prejudicing or affecting their the first Party’s rights against any other Party or Parties under the same or a like liability whether joint and several or otherwise.

Appears in 4 contracts

Samples: Joinder Agreement (PropertyGuru Group LTD), Joinder Agreement (Bridgetown 2 Holdings LTD), Joinder Agreement (PropertyGuru Group LTD)

Release and Indulgence. Any liability or obligation to any Party may in whole or in part be released, compounded or compromised or time or indulgence given by any other the Party to whom such liability or obligation is owed, in writing in their the absolute discretion, as regards any discretion of the Parties under Party to whom such liability or obligation is owed, without in any way prejudicing or affecting their rights against any other Party or Parties under the same or a like liability or obligation, whether joint and several or otherwise.

Appears in 1 contract

Samples: Shareholders Agreement (Biotime Inc)

Release and Indulgence. Any liability to any Party party may in whole or in part be released, compounded or compromised compromised, or time or indulgence given given, by any other Party it in writing in their its absolute discretion, discretion as regards any of the Parties under such liability other party without in any way prejudicing or affecting their its other rights against any other Party or Parties under the same or a like liability whether joint and several or otherwiseparty.

Appears in 1 contract

Samples: Agreement (Samsonite Corp/Fl)

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Release and Indulgence. Any liability to any either Party may in whole or in part be released, compounded or compromised compromised, or time or indulgence given given, by any it in its absolute discretion as regards the other Party in writing in their absolute discretion, as regards any of the Parties under such liability without in any way prejudicing or affecting their its other rights against any the other Party or Parties under the same or a like liability whether joint and several or otherwiseParty.

Appears in 1 contract

Samples: Loan Agreement

Release and Indulgence. Any liability to any Party may in whole or in part be released, compounded or compromised or time or indulgence given by any that Party in that Party's absolute discretion as regards the other Party in writing in their absolute discretion, as regards any of the Parties under such liability without in any way prejudicing or affecting their the first Party's rights against any the other Party or Parties under the same or a like liability whether joint and several or otherwise.

Appears in 1 contract

Samples: Agreement (Gold Union Inc.)

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