Common use of Release by Purchaser Clause in Contracts

Release by Purchaser. For valuable consideration, receipt of which is hereby acknowledged, Purchaser hereby releases and will release Seller and each of such beneficial owners and their respective agents, independent contractors and personal representatives of the same (collectively, the "Purchaser Released Parties") from and against any and all claims, costs or causes of action which Purchaser has or may have against the Purchaser Released Parties, known or unknown, now existing or hereafter arising or relating to this Agreement, or the ownership or acquisition of the Shares, except such cause of action or claim as may arise subsequent to the date hereof relating to the enforcement or performance of this Agreement.

Appears in 2 contracts

Samples: Agreement (Childrens Broadcasting Corp), Agreement (Childrens Broadcasting Corp)

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Release by Purchaser. For valuable consideration, receipt of which is hereby acknowledged, Purchaser hereby releases and will release Seller and each of such beneficial owners Individual Seller and their respective agents, independent contractors and personal representatives of the same (collectively, the "Purchaser Released Parties") from and against any and all claims, costs or causes of action which Purchaser has or may have against the Purchaser Released PartiesSeller or any Individual Seller, known or unknown, now existing or hereafter arising or relating to this Agreement, or the ownership or acquisition of the SharesShares or the Laken Options, except such cause of action or claim as may arise subsequent to the date hereof relating to the enforcement or performance of this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Childrens Broadcasting Corp), Stock Purchase Agreement (Childrens Broadcasting Corp)

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