Common use of Release of XXXX and Released Parties Clause in Contracts

Release of XXXX and Released Parties. Upon the Effective Date, in exchange for the relief described herein, each Releasing Party fully and finally releases and discharges the Released Parties of and from the Released Claims. This Release shall be included as part of any judgment, so that all released claims and rights shall be barred by principles of res judicata, collateral estoppel, and claim and issue preclusion. Subject to the Court’s approval, this Settlement Agreement shall bind all Settlement Class Members, and all Released Claims shall be dismissed with prejudice and released as against the Released Parties. The Released Claims are released regardless of whether these claims are known or Unknown Claims, actual or contingent, liquidated or unliquidated.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

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Release of XXXX and Released Parties. Upon the Effective Date, in exchange for the relief described herein, each the Releasing Party Parties fully and finally releases release and discharges discharge the Released Parties of and from the Released Claims. This Release shall be included as part of any judgment, so that all released claims and rights shall be barred by principles of res judicata, collateral estoppel, and claim and issue preclusion. Subject to the Court’s approval, this Settlement Agreement shall bind all Settlement Class Members, and all Released Claims shall be dismissed with prejudice and released as against the Released Parties. The Released Claims are released regardless of whether these claims are known or Unknown Claims, actual or contingent, liquidated liquidated, or unliquidated.

Appears in 1 contract

Samples: Settlement Agreement

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Release of XXXX and Released Parties. Upon the Effective Date, in exchange for the relief described herein, each Releasing Party fully and finally releases and discharges the Released Parties of and from the Released Claims. This Release shall be included as part of any judgment, so that all released claims and rights shall be barred by principles of res judicata, collateral estoppel, and claim and issue preclusion. Subject to the Court’s approval, this Settlement Agreement shall bind all Settlement Class Members, and all Released Claims shall be dismissed with prejudice and released as against the Released Parties. The Released Claims are released regardless of whether these claims are known or Unknown Claims, actual or contingent, liquidated or unliquidated.

Appears in 1 contract

Samples: Settlement Agreement

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