Common use of Release of Releasees Clause in Contracts

Release of Releasees. (1) Upon the Effective Date, subject to section 5.3 and in consideration of payment of the Settlement Amount, and for other valuable consideration set forth in the Settlement Agreement, the Releasors forever and absolutely release the Releasees from the Released Claims that any of them, whether directly, indirectly, derivatively, or in any other capacity, ever had, now have, or hereafter can, shall, or may have. (2) The Plaintiffs and Settlement Class Members acknowledge that they may hereafter discover facts in addition to, or different from, those facts which they know or believe to be true regarding the subject matter of the Settlement Agreement, and it is their intention to release fully, finally and forever all Released Claims and, in furtherance of such intention, this release shall be and remain in effect notwithstanding the discovery or existence of different facts.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

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Release of Releasees. (1) Upon the Effective Date, subject to section 5.3 Section 5.3, and in consideration of payment of the Settlement Amount, Amount and for other valuable consideration set forth in the this Settlement Agreement, the Releasors forever and absolutely release and forever discharge the Releasees from the Released Claims that any of them, whether directly, indirectly, derivatively, or in any other capacity, ever had, now have, or hereafter can, shall, shall or may have. (2) The Plaintiffs and Settlement Class Members Releasors acknowledge that they may hereafter discover facts in addition to, or different from, those facts which they know or believe to be true regarding the subject matter of the this Settlement Agreement, and it is their intention to release fully, finally and forever all Released Claims and, in furtherance of such intention, this release shall be and remain in effect notwithstanding the discovery or existence of different facts.

Appears in 2 contracts

Samples: Settlement Agreement, National Settlement Agreement

Release of Releasees. (1) Upon the Effective Date, subject to section 5.3 Section 6.3, and in consideration of payment of the Settlement Amount, Amount and for other valuable consideration set forth in the this Settlement Agreement, the Releasors forever and absolutely release and forever discharge the Releasees from the Released Claims that any of them, whether directly, indirectly, derivatively, or in any other capacity, ever had, now have, or hereafter can, shall, shall or may have. (2) The Plaintiffs and Settlement Class Members Releasors acknowledge that they may hereafter discover facts in addition to, or different from, those facts which they know or believe to be true regarding the subject matter of the this Settlement Agreement, and it is their intention to release fully, finally and forever all Released Claims and, in furtherance of such intention, this release shall be and remain in effect notwithstanding the discovery or existence of different facts.

Appears in 1 contract

Samples: Settlement Agreement

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Release of Releasees. (1) Upon the Effective Date, subject to section 5.3 and in consideration of payment of the Settlement Amount, Amount and for other valuable consideration set forth in the Settlement Agreement, the Releasors forever and absolutely release and forever discharge the Releasees from the Released Claims that any of them, whether directly, indirectly, derivatively, or in any other capacity, ever had, now have, or hereafter can, shall, or may have. (2) The Plaintiffs Plaintiff and Settlement Class Members acknowledge that they may hereafter discover facts in addition to, or different from, those facts which they know or believe to be true regarding the subject matter of the Settlement Agreement, and it is their intention to release fully, finally and forever all Released Claims and, in furtherance of such intention, this release shall be and remain in effect notwithstanding the discovery or existence of additional or different facts.

Appears in 1 contract

Samples: Settlement Agreement

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