Common use of Stockholder Release Clause in Contracts

Stockholder Release. Effective as of the Closing Date, each Stockholder on behalf of itself and each of its Affiliates hereby releases and forever discharges the Company, and its officers, directors, shareholders and Affiliates, from any and all actions, causes of action, suits, debts, accounts, claims, contracts, demands, agreements, controversies, judgments, obligations, damages and liabilities of any nature whatsoever in law or in equity, whether currently known or unknown, suspected or claimed, whether pursuant to contract, statute or otherwise, in each case, arising out of events occurring on or prior to the Closing.

Appears in 2 contracts

Samples: Merger Agreement (Blue Earth, Inc.), Merger Agreement (Blue Earth, Inc.)

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Stockholder Release. Effective as of the Closing DateClosing, each Stockholder on behalf of itself and each of its Affiliates hereby releases and forever discharges the CompanyCorporation, each of its Subsidiaries and its their respective officers, directors, shareholders and Affiliates, from any and all actions, causes of action, suits, debts, accounts, claims, contracts, demands, agreements, controversies, judgments, obligations, damages and liabilities of any nature whatsoever in law or in equity, whether currently known or unknown, suspected or claimed, whether pursuant to contract, statute or otherwise, in each case, arising out of events occurring on or prior to the Closing.

Appears in 2 contracts

Samples: Merger Agreement (Blue Earth, Inc.), Merger Agreement (Blue Earth, Inc.)

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Stockholder Release. Effective as of the Closing DateClosing, each Stockholder on behalf of itself and each of its Affiliates hereby releases and forever discharges the Company, each of its Subsidiaries and its their respective officers, directors, shareholders and Affiliates, from any and all actions, causes of action, suits, debts, accounts, claims, contracts, demands, agreements, controversies, judgments, obligations, damages and liabilities of any nature whatsoever in law or in equity, whether currently known or unknown, suspected or claimed, whether pursuant to contract, statute or otherwise, in each case, arising out of events occurring on or prior to the Closing.

Appears in 1 contract

Samples: Merger Agreement (Blue Earth, Inc.)

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