Common use of Release by Consenting Party Clause in Contracts

Release by Consenting Party. On and from the Novation Date, the Consenting Party releases the Outgoing Party from: (a) any obligation or liability under or in respect of the Contract, including any obligation under the Contract to be performed on or after the Novation Date; and (b) any Claim which it may have or but for this release might have had against the Outgoing Party connected with the Contract.

Appears in 4 contracts

Samples: Contract for Houses and Residential Land, Contract for Houses and Residential Land, Contract for Houses and Residential Land

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