Common use of WAIVER OF ADDITIONAL CLAIMS Clause in Contracts

WAIVER OF ADDITIONAL CLAIMS. Section 1542 of the Civil Code of the State of California provides as follows: A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR. You waive and relinquish any right or benefit which you may have under this section or any other provision of the statutory or nonstatutory law or any other jurisdiction to the full extent that you may lawfully waive all such rights and benefits. In connection with such waiver and relinquishment, you acknowledge that you are aware that you, your attorneys or agents may hereafter discover claims or facts in addition to or different from those which they now know or believe to exist, but that it is your intention thereby fully, finally, and forever to release all claims, disputes, and differences, known or unknown, suspected or unsuspected, which now exist, may exist, or have existed between the parties, their employees, agents, assigns, and other privies. Unless this provision shall have been procured by fraud, the releases given herein shall be effective regardless of the discovery or existence of any such claim or fact.

WAIVER OF ADDITIONAL CLAIMS. Section 1542 of the Civil Code of the State of California provides as followsprovides: A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR. You waive Regardless of whether this section is applicable to the present release, each party waives and relinquish relinquishes any right or benefit which you it may have under this section or any other provision of the statutory or nonstatutory law or any other jurisdiction to the full extent that you such party may lawfully waive all such rights and benefits. In connection with such waiver and relinquishment, you acknowledge each party acknowledges that you are it is aware that youit, your attorneys its attorneys, or its agents may hereafter discover claims or facts in addition to or different from those which they now know or believe to exist, but that it is your their respective intention thereby hereby fully, finally, and forever to release all claims, disputes, and differences, known or unknown, suspected or unsuspected, which now exist, may exist, or have existed between the parties, their employees, agents, assigns, assigns and other privies. Unless this provision shall have been procured by fraud, the releases given herein shall be effective regardless of the discovery or existence of any such claim or fact.