Release by Tenant Clause Samples
The 'Release by Tenant' clause serves to formally discharge the landlord from certain claims or liabilities that the tenant might otherwise assert. Typically, this clause applies when the tenant vacates the premises, settles a dispute, or receives some form of consideration, and it may cover issues such as property condition, return of security deposit, or past breaches. Its core practical function is to provide finality and legal protection for the landlord by preventing the tenant from pursuing further claims related to the tenancy after the release is executed.
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Release by Tenant. Except for such obligations, rights or claims ----------------- as may be created by or arise out of the terms and conditions of this Amendment, effective on the Termination Date, Tenant, on behalf of itself and its predecessors, successors, affiliates and assigns, and all other persons, firms and corporations claiming through Tenant, and each of them (collectively, the "Tenant Releasing Parties"), does hereby release Landlord and its predecessors, successors, affiliates and assigns, and their respective partners, officers, shareholders, agents, contractors, representatives, employees and attorneys (collectively the "Landlord Released Parties"), of and from any and all claims, demands, disputes, damages, liabilities, obligations, controversies, debts, costs, expenses, lawsuits, actions, causes of action and other rights to relief, both legal and equitable, of every kind and nature, whether now known or unknown, suspected or unsuspected, past or present, contingent or fixed, which the Tenant Releasing Parties, or any of them, now have, had, or at any time hereafter may have, against the Landlord Released Parties, or any of them, arising out of or in connection with the Lease (as it relates only to the Surrendered Premises) or the Surrendered Premises.
Release by Tenant. Notwithstanding anything to the contrary contained in the Lease, any city, county, state or federal ordinance, statute, regulation or law, Tenant's signature hereon indicates Tenant's agreement that solely as it relates to the purchase or use of Concierge Services by Tenant or the agents, contractors, employees, officers, partners, and/or shareholders of Tenant, Tenant, on behalf of itself and its agents, contractors, directors, employees, licensees, officers, partners or shareholders, does and shall hereby forever hold Landlord and Landlord's affiliates, agents, assigns, contractors, directors, employees, officers, parent organization, partners, representatives, shareholders, and subsidiaries (collectively the "Indemnitees") harmless from and forever release, remise, discharge, acquit and relieve the Indemnitees from and against any and all claims, demands, causes of action, obligations, liabilities, agreements, damages, cost (including, without limitation, reasonable attorneys' fees), loss, or liability of any kind or nature, whether asserted, known or unknown, suspected or unsuspected, in any way connected with, which any one or more of the Indemnitees may sustain or incur by reason of, related to, associated with, or arising out of the provision, use or the rendering of any such Concierge Services or the delivery of such Concierge Services to Tenant or Tenant's agents, clients, contractors, directors, employees, invitees, licensees, officers, partners or shareholders. Solely as it relates to the purchase or use of Concierge Services by Tenant or the agents, contractors, employees, officers, partners, and/or shareholders of Tenant, Tenant hereby expressly waives all rights and benefits conferred by the provisions of Section 1542 of the Civil Code of the State of California, which reads as follows: "A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release and which, if known by him, must have materially affected his settlement with the debtor." In so doing, Tenant acknowledges that it will be unable to make any claim against Landlord or any other Indemnitees for damages that may exist as of the date or after the date of this release, but which Tenant does not know to exist, and which, if known, would materially have affected Tenant's decision to execute this document, regardless of whether Tenant's lack of knowledge, if any, is the result of ignorance, oversight, er...
Release by Tenant. Tenant, on behalf of itself and its affiliates, assigns, predecessors and successors-in-interest, and its and their employees, officers, directors, members, partners, representatives, shareholders, agents, attorneys and heirs, hereby releases and forever discharges the Successor Agency and RDA, each in its capacity as a public body, and the City, in its capacity as a municipal corporation (collectively, the “Governmental Parties”), and all of their respective past and present officers, employees, representatives, elected and appointed officials, agents, contractors (specifically excluding Designer and General Contractor), and attorneys, and all persons acting by, through or in concert with, any of them, from any and all claims, fines, penalties, charges, complaints, debts, liabilities, demands, obligations, costs, expenses (including, but not limited to, reasonable attorneys’ fees and costs), damages, suits, actions, rights to appeal, pending appeals, and causes of action (collectively, “Losses”), related to or arising out of the Disputes, excluding the Unrelated Claims. Without limiting the generality of the foregoing provisions of this Section 2.1, ▇▇▇▇▇▇’s release of the Governmental Parties applies to all claims arising out of the Disputes that arise from an act, omission or condition that exists as of the date of this Agreement (but not Unrelated Claims), whether such existing claims are known or unknown, and Tenant acknowledges the existence of, and agrees to waive, the benefits of California Civil Code Section 1542, which provides as follows:
Release by Tenant. Tenant hereby waives and releases all rights of ----------------- recovery which it might otherwise have against Landlord, its agents and employees, for loss or damage to Tenant's contents, furniture, furnishings, fixtures or other property removable by Tenant under the provisions of this Lease to the extent that the same are coverable by Tenant's insurance, notwithstanding that such loss or damage may result from the negligence or fault of Landlord, its agents or employees. Policies required to be maintained by Tenant hereunder shall contain waivers of subrogation by the insurers against Landlord and endorsements authorizing Tenant Landlord to execute mutual releases as between themselves.
Release by Tenant. Except as otherwise provided herein, upon and subject to and conditioned upon Landlord’s compliance with the terms of this Agreement, Tenant (for itself and any other party that may claim through or under Tenant) hereby releases and forever discharges the Landlord Released Parties from any and all Released Matters, including any Released Matters arising out of or caused by the acts or omissions of any Landlord Released Party or any act or event suffered to be done by any Landlord Released Party prior to and including the Termination Date. “Released Matters” means all actions, causes of action, judgments, executions, suits, investigations, debts, claims, demands, liabilities, obligations, damages, and expenses of any and every character that arise out of or are connected to the Lease or any of the transactions associated therewith, in each case heretofore or hereafter accruing, known or unknown, direct or indirect, existing at law or in equity, of whatsoever kind or nature. “Landlord Released Parties” means Landlord and its affiliates, members, partners, officers, directors, employees, agents, grantees, and Landlord’s Lender, and each of their successors and assigns.
Release by Tenant. Tenant hereby generally releases and discharges Landlord and all of its officers, directors, shareholders, members, agents, representatives, employees and attorneys, both present and past, of and from any and all claims, debts, liabilities, obligations, and causes of action of any kind or nature, whether known or unknown, based on, arising out of, or connected with, either directly or indirectly, any term, provision, matter, fact, event or occurrence related to or contained in the Lease, or to any landlord/tenant relationship between Tenant and Landlord arising out of the Lease. This general release shall be governed by the laws of the State of California. It is understood by Tenant that the facts with respect to which this general release is given may hereafter turn out to be other than or different from the facts in that connection now known to it or believed by it to be true, and Tenant therefore expressly assumes the risk of the facts turning out to be so different and agrees that the foregoing general release shall be in all respects effective and not subject to termination or rescission by any such difference in facts. This general release shall bind all persons or business entities claiming any rights under or through Tenant.
Release by Tenant. In consideration of the terms and conditions herein, Tenant shall and does hereby fully, irrevocably, finally, and unconditionally release and forever discharge Landlord, and its partners, predecessors, successors, assigns, parents, subsidiaries, and affiliates, and the respective officers, directors, employees, consultants, lawyers, agents, and representatives of the same, from any and all actions (including, without limitation, informal proceedings), debts, liens, obligations, liabilities, claims, rights, demands, damages (including, without limitation, punitive and consequential damages), judgments, losses, costs, and expenses of every kind and nature whatsoever, known or unknown, suspected or unsuspected, fixed or contingent, arising from, incidental to, based upon, or related to the Lease, whether arising before or after the Termination Date.
Release by Tenant. The Tenant hereby releases the Landlord from all claims, demands, liabilities, costs, damages and expenses which have arisen or may arise from the covenants, agreements, conditions and obligations (whether past, present or future) on the part of the Landlord contained in the Leases and any supplemental deed or document (other than this Deed).
Release by Tenant. Notwithstanding any other provision of this Lease, Landlord shall not be liable or responsible for, and Tenant hereby releases the Landlord and its partners, officers, directors, agents, employees and beneficiaries from, any and all liability or responsibility to Tenant or any Person claiming by, through or under Tenant, by way of subrogation or otherwise, for any injury, loss or damage to Tenant's property covered by valid and collectible fire insurance policy with extended coverage endorsement.
Release by Tenant. In consideration for Landlord’s covenants and agreements set forth in this Fourth Amendment, including, without limitation, in Section 11 above, Tenant, on behalf of itself and all of its agents, attorneys, partners, members, joint venturers, officers, directors, shareholders, employees, representatives, affiliates, predecessors, successors, assigns, and subtenants, and each of them, hereby forever: (i) waives and relinquishes any right to (a) dispute that prior to the First Increase Date, Landlord had or has any obligation to make available from the Base Electrical Systems or the Generators (and/or any other systems, equipment, generators or sources) (1) electrical or generator power (including any Power) to (A) the Direct Power Suites and the 4th Floor Space in an amount in excess of the Maximum Building Power Amount or Maximum Generator Power Amount, as applicable, in effect as of the Amendment Date, (B) any Direct Power Suite or the 4th Floor Space in an amount in excess of the Riser Allocation Amount or Generator Allocation Amount, as applicable, set forth in line number 1 of Exhibit F-1, or (C) any of the CoreSite Power Suites, or (2) electrical power to the Office Space and Storage Space in excess of the Standard Electrical Power, or (b) dispute that prior to the Improvement Deadline, Landlord had or has any obligation to make available from the Base Electrical Systems or the Generators (and/or any other systems, equipment, generators or sources) (1) electrical or generator power (including any Power) to (A) the Direct Power Suites and the 4th Floor Space in an amount in excess of the Maximum Building Power Amount or Maximum Generator Power Amount, as applicable, in effect as of the First Increase Date, (B) any Direct Power Suite or the 4th Floor Space in an amount in excess of the Riser Allocation Amount or Generator Allocation Amount, as applicable, set forth in line number 3 of Exhibit F-1, or (C) any of the CoreSite Power Suites, or (2) electrical power to the Office Space and Storage Space in excess of the Standard Electrical Power; or (c) claim a breach by Landlord for any period prior to the Amendment Date with respect to any obligations of Landlord to provide or make available electrical power and/or generator power to the Existing Premises (the matters described in clauses (a) through (c), collectively, the “Disputed Matters”); and (ii) releases, acquits and forever discharges Landlord and its agents, attorneys, partners, members, joint ven...
