Common use of Release or Exoneration Clause in Contracts

Release or Exoneration. The Settlement Fund or its designee(s) may do or suffer any of the following, by action or inaction, without releasing or exonerating any El Paso Settling Party or El Paso Pledgor from any of its obligations under this Agreement (including any release or exoneration that might occur under California Civil Code Sections 2819, 2845, 2848, 2849, or 2850):

Appears in 2 contracts

Samples: Master Settlement Agreement (El Paso Natural Gas Co), Master Settlement Agreement (El Paso Corp/De)

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Release or Exoneration. The Settlement Fund or its designee(s) may do or suffer any of the following, by action or inaction, without releasing or exonerating any El Paso Settling Party or El Paso Pledgor from any of its obligations under this Agreement (including any release or exoneration that might occur under California Civil Code Sections §§ 2819, 2845, 2848, 2849, or 2850):

Appears in 2 contracts

Samples: Master Settlement Agreement, Master Settlement Agreement

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