Common use of Waiver Under Section 1542 of the California Civil Code Clause in Contracts

Waiver Under Section 1542 of the California Civil Code. Executive, for Executive’s predecessors, successors and assigns, hereby waives all rights which Executive may have under Section 1542 of the Civil Code of the State of California, which reads 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. This waiver is not a mere recital but is a knowing waiver of the rights and benefits otherwise available under said Section 1542.

Waiver Under Section 1542 of the California Civil Code. Executive, for Executive’s 's predecessors, successors and assigns, hereby waives all rights which Executive may have under Section 1542 of the Civil Code of the State of California, which reads 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. This waiver is not a mere recital but is a knowing waiver of the rights and benefits otherwise available under said Section 1542.

Waiver Under Section 1542 of the California Civil Code. Executive, for Executive’s predecessors, successors and assigns, hereby waives all rights which Executive may have under Section 1542 of the Civil Code of the State of California, which reads as follows: A general release does not extend to claims which the creditor does not know or suspect to exist in his her favor at the time of executing the release, which if known by him her must have materially affected his her settlement with the debtor. This waiver is not a mere recital but is a knowing waiver of the rights and benefits otherwise available under said Section 1542.