Common use of Release of Bank Clause in Contracts

Release of Bank. Borrower releases Bank from any and all causes of action or claims which Borrower may now or hereafter have for any asserted loss or damage to Borrower claimed to be caused by or arising from any act or omission to act on the part of Bank, its officers, agents or employees, except for willful misconduct or gross negligence.

Appears in 4 contracts

Samples: Loan Agreement (SPSS Inc), Loan Agreement (Firstcity Financial Corp), Loan Agreement (SPSS Inc)

AutoNDA by SimpleDocs

Release of Bank. Borrower releases Bank from any and all causes of action or claims which Borrower may now or hereafter have for any asserted loss or damage to Borrower claimed to be caused by or arising from any act or omission to act on the part of Bank, its officers, agents or employees, except for willful misconduct or gross negligencemisconduct.

Appears in 1 contract

Samples: Loan Agreement (Firstcity Financial Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!