Common use of Releases Generally Clause in Contracts

Releases Generally. (a) Each Borrower and Guarantor understands, acknowledges and agrees that the releases set forth above in Sections 8.1 and 8.2 hereof may be pleaded as a full and complete defense and may be used as a basis for an injunction against any action, suit or other proceeding which may be instituted, prosecuted or attempted in breach of the provisions of such releases.

Appears in 2 contracts

Samples: Ratification and Amendment Agreement (Hartmarx Corp/De), Dip Loan Agreement (Ascendia Brands, Inc.)

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Releases Generally. (a) Each Borrower and each Guarantor understands, acknowledges and agrees that the releases set forth above in Sections 8.1 and 8.2 hereof may be pleaded as a full and complete defense and may be used as a basis for an injunction against any action, suit or other proceeding which may be instituted, prosecuted or attempted in breach of the provisions of such releases.

Appears in 1 contract

Samples: Ratification and Amendment Agreement (Anvil Holdings Inc)

Releases Generally. (a) Each Borrower and Guarantor understands, acknowledges and agrees that the releases set forth above in Sections 8.1 9.1 and 8.2 9.2 hereof may be pleaded as a full and complete defense and may be used as a basis for an injunction against any action, suit or other proceeding which may be instituted, prosecuted or attempted in breach of the provisions of such releases.

Appears in 1 contract

Samples: Ratification and Amendment Agreement (Hancock Fabrics Inc)

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Releases Generally. (a) Each Borrower and Guarantor each understands, acknowledges and agrees that the releases set forth above in Sections 8.1 and 8.2 hereof may be pleaded as a full and complete defense and may be used as a basis for an injunction against any action, suit or other proceeding which may be instituted, prosecuted or attempted in breach of the provisions of such releases.

Appears in 1 contract

Samples: Ratification and Amendment Agreement (Delta Woodside Industries Inc /Sc/)

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