Common use of Release by Seller Clause in Contracts

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

Release by Seller. For valuable consideration, receipt of which is hereby acknowledged, Seller, as attorney-in-fact Seller jointly and Agent for each beneficial owner of the Sharesseverally, releases and will release HHI, its shareholders, officers and directors, and Purchaser, and its shareholders, officers and directors, and the respective agents, independent contractors and representatives of the same (collectively, the "Seller Released Parties") from and against any and all claims, costs or causes of action which Seller or any of such individual beneficial owners Individual Seller has or may have against the Seller Released Parties, known or unknown, now existing or hereafter arising or relating to this Agreement, or the ownership or acquisition of the securities of HHI, except such cause of action or claim as may arise subsequent to the date hereof relating to the enforcement or performance of this Agreement.