Common use of Release by Xxxxxx Clause in Contracts

Release by Xxxxxx. In consideration of the mutual covenants and undertakings set forth herein, Xxxxxx, and each of its subsidiaries, successors, affiliates, predecessors, assigns, agents, advisors, officers, directors, employees, legal representatives, partners and all persons acting by, through or under Xxxxxx (hereafter referred to in this subpart as “Xxxxxx Releasors”) hereby release and forever discharge the Company, and each of their respective subsidiaries, successors, affiliates, predecessors, assigns, agents, advisors, employees, legal representatives, partners and all persons acting by, through or under the Company (hereafter referred to in this subpart as “Company Releasees”) of and from all obligations, actions, causes, causes of action, claims at law or in equity, suits, debts, liens, encumbrances, contracts, agreements, promises, liabilities, demands, damages, liquidating damages, penalties, losses, costs or expenses of any nature whatsoever, known or unknown, fixed or contingent, which Xxxxxx Releasors now have against Company Releasees that arise under the Debenture and the Transactional Documents.