Common use of Waivers and Releases Clause in Contracts

Waivers and Releases. With respect to any waivers and releases set forth in this Agreement relating to unknown and unsuspected claims, Purchaser hereby acknowledges that such waivers and releases are being made after obtaining the advice of counsel and with the full knowledge and understanding that the consequences and effects of such waivers, and that such waivers are made with the full knowledge, understanding and agreement that California Civil Code Section 1542 provides as follows, and that the protections afforded by said Code Section are hereby waived: The foregoing waiver shall be deemed to be restated and re-made as of, and shall survive, Closing.

Appears in 3 contracts

Samples: Equity Interests Purchase and Sale Agreement (Aspire Real Estate Investors, Inc.), Equity Interests Purchase and Sale Agreement (Aspire Real Estate Investors, Inc.), Equity Interests Purchase and Sale Agreement (Aspire Real Estate Investors, Inc.)

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Waivers and Releases. With respect to any the waivers and releases set forth in this Agreement relating to unknown and unsuspected claims, Purchaser hereby acknowledges that such waivers and releases are being made after obtaining the advice of counsel and with the full knowledge and understanding that the consequences and effects of such waivers, and that such waivers are made with the full knowledge, understanding and agreement that California Civil Code Section 1542 provides as follows, and that the protections afforded by said Code Section are hereby waived: The foregoing waiver shall be deemed to be restated and re-made as of, and shall survive, Closing.. /s/ DC Purchaser’s Initials

Appears in 1 contract

Samples: Purchase and Sale Agreement (Sears Hometown & Outlet Stores, Inc.)

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