Release by the Town. Upon recording of the deed to the New Town Parcel, the Town (on its behalf and on behalf of affiliate, subsidiary, successors and assigns, predecessors and predecessors in interest, as well as its and their past, present and future officers, officials, employees, agents, representatives, insurers, attorneys, and any other person or entity claiming by, through, or under the Town) irrevocably, unconditionally, and generally releases, remits, relinquishes, and forever discharges and indemnifies the Redeveloper (and any current and former officers, directors, managers, parent companies, subsidiaries, affiliates, employees, volunteers, agents, representatives, attorneys, insurers, advisors, administrators, fiduciaries, executors, trustees, successors, predecessors, heirs, assigns, and any other person or entity claiming by, through, or under the Redeveloper (collectively referred to as the “Redeveloper Releasees”)) from all Claims which the Town now has, could have had, or ever had against the Redeveloper Releasees whether existing or contingent, asserted or unasserted, known or unknown, foreseen or unforeseen from the beginning of the world to the date of this Agreement, that relate to, or are in any way connected with, the New Town Parcel.
Release by the Town. It is understood and agreed that the Town has entered into this Agreement for the purpose of settling all disputed claims, known and unknown, foreseen and unforeseen, that may exist arising out of or relating in any way to the Lawsuit and the Property, including but not limited to, any claims that were asserted or that could or should have been asserted in the Lawsuit up to the date of the signing of this Agreement. For and in consideration of this Agreement, the Payment, and the other consideration set forth herein, the Town for itself, agents, successors, assigns and personal representatives, hereby fully, finally, and forever releases, discharges, and covenants not to sue, charge, or otherwise bring an action against the Bank or any of its parents, affiliates, subsidiaries, officers, former officers, directors, former directors, partners, former partners, employees, former employees, representatives, former representatives, assignees, successors, predecessors, investors, former investors, trustees, former trustees, attorneys, vendors and personal representatives (the “Parties Released by the Town”) for any and all violations, judgments, claims, demands, actions, causes of action, suits, damages, losses, attorneys’ fees, sanctions and/or expenses of any and every nature whatsoever, whether known or unknown, arising out of or relating in any way to the Lawsuit and the Property through the date of the signing of this Agreement (the “Town’s Release”). The Town specifically warrants and agrees that this Agreement represents a good faith settlement and that the release evidenced by this paragraph is intended to extinguish any claim the Town has asserted and/or could have asserted against the Parties Released by the Town up to the date of the signing of this Agreement.
Release by the Town. (a) Upon approval of DBE’s plan and building permit and the expiration of applicable appeal periods, the Town does hereby release, remise, acquit and forever discharge DBE and RR, and their principals, agents, partners, employees, servants, heirs, executors, administrators, attorneys, successors, affiliates, insurers, predecessors-in-interests and all other persons, firms, corporations, associations or partnerships with which it may be associated, of and from all, and all manner of, past or present claims, demands, actions and causes of action, debts, dues, sums of money, accounts, reckonings, bonds, covenants, warrants, contracts, controversies, agreements, promises, commissions, damages, judgments, executions, third-party actions and causes of action, and any and all suits at law or in equity, including claims for contribution and/or indemnity, of whatever nature, and particularly on account of all injuries, known and unknown, past and future, both to person and property, which have resulted from their relationship with DBE and/or any of its predecessors interests which are, or could have been, the subject of any litigation against DBE or RR which the Town ever had, now has, or which their executors, administrators, successors or assigns, or any of them, hereafter can, shall or may have, for or by reason of any matter, cause or thing whatsoever, from the beginning to the end of the world. However, this release does not apply to any future wrongs that may be committed against Xxxxx Beach by DBE or RR, its principals, agents, partners, employees, servants, heirs, executors, administrators, attorneys, successors, affiliates, predecessors interests and all other persons, firms, corporations, associations or partnerships with which it may be associated.
