Release By Contractor Sample Clauses
The 'Release By Contractor' clause serves to formally discharge the contractor from certain obligations or claims related to the project, typically upon completion of specified work or receipt of payment. In practice, this clause may require the contractor to sign a release form or statement confirming that they have received all due payments and have no further claims against the client for the completed work. Its core function is to provide legal certainty and finality, ensuring that the client is protected from future claims by the contractor once the agreed conditions are met.
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Release By Contractor. (a) After execution hereof and upon payment of the Compromise Amount, Contractor for itself and its successors and assigns or any person or entity claiming through or under it, does hereby remise, release and forever discharge the FDIC its employees, officers, directors, and agents and their respective successors and assigns, and any subsidiaries, and any subsidiary officers, directors, employees, consultants, agents and other representatives, (collectively, the "FDIC Released Parties"), of and from all manner of actions, causes of action, suits, debts, dues, sums of money, accounts, reckonings, bonds, bills, specialities, covenants, conditions, contracts, controversies, agreements, promises, trespasses, damages, judgments, executions, claims, liabilities, responsibilities and demands whatsoever, at law or in equity, which
Release By Contractor. The acceptance by the Contractor of the final payment or a payment designated as such shall be and does operate as a release by the Contractor of all claims by the Contractor against City and of all other liability of the City to the Contractor whatever, including liability for all things done or furnished in connection with the Work or the Contract.
Release By Contractor. The price and time adjustment made in any contract modification issued as a result of a change proposal or request for an equitable adjustment shall be considered to account for all items affected by the change or other circumstances giving rise to an equitable adjustment. Upon the issuance of such contract modification, the Government shall be released from any and all liability under this contract for further equitable adjustments attributable to the facts and circumstances giving rise to the change proposal or request for equitable adjustment.
Release By Contractor. (a) After execution hereof and upon payment of the Compromise Amount, each Contractor for itself and its successors and assigns or any person or entity claiming through or under it, does hereby remise, release and forever discharge the FDIC its employees, officers, directors, and agents and their respective successors and assigns, and any subsidiaries, and any subsidiary officers, directors, employees, consultants, agents and other representatives, (collectively, the "FDIC Released Parties"), of and from all manner of actions, causes of action, suits, debts, dues, sums of money, accounts, reckonings, bonds, bills, specialties, covenants, conditions, contracts, controversies, agreements, promises, trespasses, damages, judgments, executions, claims, liabilities, responsibilities and demands whatsoever, at law or in equity, which the Released Contractor Parties (as hereinafter defined) ever had, now have, or may hereafter have, whether known or hereafter discovered, against the FDIC Released Parties, and their successors and assigns, evidenced by, arising out of, in connection with, or in any manner relating to, the SAMDA, including the Disputed Contractor Claims, except that this release shall not release the FDIC Released Parties from any obligation under this