Release of Parties. The release of any one or more of Indemnitors or any other party now or hereafter liable upon or in respect of this Agreement or the Loan; or
Release of Parties. Notwithstanding clause 10.2, this Agreement shall cease to bind the Parties or to be effective unless it is executed and delivered, in accordance with clause 10.1, by the owners of 100% of the Working Interest and 100% of the Royalty Interest within the Production Allocation Area, on or before the 1st day of [month], [year].
Release of Parties. The Stockholders acknowledge and agree that upon the effectiveness of this Agreement, each of the Managers and West Health (formerly the Xxxx and Xxxx Xxxx Wireless Health Institute) shall be permanently and irrevocably released from all further obligations, and shall have no further rights, under the Original Agreement or this Agreement.
Release of Parties. The release of any party now or hereafter liable upon or in respect of the NMLP Loan; or
Release of Parties. Effective upon execution of this Agreement and receipt of the Certificates and full payment as set forth in paragraphs 1(a) and 1(b), the Parties shall hereby release and discharge each other from and against any and all causes of actions or claims they may have against the other Party including, but not limited to, any claims arising out of or related to the transaction evidenced by that certain Amended and Restated Loan and Security Agreement by and among Finova Capital Corporation and I/OMagic Corporation and IOM Holdings, Inc.. dated January 25, 2001 (the “Finova Loan Agreement”), and any other dealings between IOMC and Finova.
Release of Parties. In consideration of the mutual promises and releases contained in this Agreement, each of the parties hereto, on behalf of it or himself, and any and all of their respective successors-in-interest, affiliates, assigns, heirs, insurers, executors, officers, directors, agents, employees, attorneys, parent companies, subsidiaries, administrators, principals, shareholders, representatives, partners, joint venturers, predecessors-in-interest, trusts, trustors, trustees, beneficiaries, and all others who may take any interest in the matters or agreements described herein, irrevocably, completely, and forever release, acquit and discharge all of the other parties hereto, and any and all of their respective successors-in-interest, affiliates, assigns, heirs, insurers, executors, officers, directors, agents, employees, attorneys, parent companies, subsidiaries, administrators, principals, shareholders, representatives, partners, joint venturers, predecessors-in-interest, trusts, trustors, trustees and beneficiaries and all others who may take any interest in the matters or agreements described herein from all claims, causes of action, demands, losses or damages of any kind, whether based on contract, tort, statutory or other legal or equitable theory of recovery, whether now known or unknown, suspected or unsuspected, existing, claimed to exist or which can ever hereinafter exist from the beginning of time through the date of this Release not involving acts or omissions constituting fraud or intentional or criminal misconduct or gross negligence; provided, however, that the release (the “Release”) contained in this Section 3.1 shall not relate to any claims, demands, suits, actions or causes of action (i) arising as a result of a breach of this Agreement or (ii) arising under the Recapitalization Agreement or under any document or agreement executed contemporaneously with, or in connection with the transactions contemplated by, the Recapitalization Agreement; and provided further, however, that the Release shall not relate to any claims, demands, suits, actions or causes of action as between ATA and ATA Holdings. For purposes of this Section 3.1, the term “all claims” means all existing demands, claims and causes of action, known or unknown, pending or threatened, and for all existing known and unknown damages and remedies. Under this definition, “all claims” includes, but is not limited to, all claims, demands, lawsuits, debts, accounts, covenants, agreements, lia...
Release of Parties. Upon specific performance of the above conditions prior to the agreed date of termination and surrender described above, the Lease Agreement shall terminate on said date at o’clock, at which time Tenant must vacate and surrender the premises. The Lease Agreement shall thenceforth be null and void and the parties free from the obligations, terms and conditions thereof.
Release of Parties. In accordance with the provisions of Section 6 of the Initial Group Filing Agreement, effective upon the filing with the Commission of an amendment to the Initial Statement disclosing in Item 5(e) thereof the effective date that each of Pronor, Prosperity, PRD and N78 ceased to the beneficial owner of any shares of common stock of the Corporation, and therefore a member of the Group, the terms and conditions of the Initial Group Filing Agreement shall terminate with respect to each of Pronor, Prosperity, PRD and N78 and each such Initial Reporting Person shall be deemed released from the provisions thereof.
Release of Parties. (a) Seller’s Release. Seller hereby releases, acquits and forever discharges the Company, Buyer and any and all of their respective officers, directors, agents, servants, employees, attorneys, representatives, shareholders, beneficiaries, successors, and assigns (collectively referred to as the “Company Released Parties”) from any and all claims, contingent claims, counter-claims, third-party claims, liabilities, demands, losses, judgments, actions, suits, causes of action, accounting rights, damages, punitive damages, and interests, direct or derivative, known or unknown, xxxxxx or inchoate, and whether or not the Company Released Parties and/or any of them are at fault, that Seller had, now has, may have at any time in the future, or claims to have or have had, from the beginning of the world through and including the Closing Date of this Agreement, as a result of, concerning arising from or with respect to the Purchased Shares or the Seller’s sale thereof or Seller’s employment with the Company, provided however Seller shall be entitled to enforce the terms of this Agreement and the Promissory Note against the Company and the Buyer.
(b) Buyer’s and Company’s Release. Buyer and Company hereby release, acquit and forever discharge Seller and any and all of his respective agents, servants, employees, attorneys, representatives, beneficiaries, successors, and assigns (collectively referred to as the “Seller Released Parties”) from any and all claims, contingent claims, counter-claims, third-party claims, liabilities, demands, losses, judgments, actions, suits, causes of action, accounting rights, damages, punitive damages, and interests, direct or derivative, known or unknown, xxxxxx or inchoate, and whether or not the Seller Released Parties and/or any of them are at fault, that Buyer and Company had, now has, may have at any time in the future, or claims to have or have had, from the beginning of the world through and including the Closing Date of this Agreement, as a result of, concerning arising from or with respect to the Purchased Shares or the Seller’s sale thereof or Seller’s employment with the Company. Notwithstanding the foregoing, nothing in this Section 7(b) shall be a release with regard to the Seller Released Parties as to this Agreement, the Non-Solicitation Agreement and/or the Consulting Agreement, nor shall this Section 7(b) limit Buyer’s ability to enforce, as against Seller Release Parties, the terms of this Agreement, the Non-Solicitat...
Release of Parties. Each of the parties hereby agrees to discharge and release the other and their respective heirs, successors, transferees and assigns, from any claims, demands and/or causes of action whatsoever, presently known or unknown, that are based upon facts occurring prior to the date of this Agreement, and the parties (and their heirs, successors, transferees and assigns) agree to execute a similar mutual release upon Monroe ceasing to be an employee of the Corporation that is based upon facts occurring after the date hereof and prior to the date Monroe ceases to be an employee of CPC.
