Examples of Debtor Releasing Parties in a sentence
Each of the Debtor Releasing Parties agrees and covenants that it shall not in the future assert, file, or prosecute any Claim that is released by Section 12.01 against any of the Released Parties to recover any damages or injunctive relief, whether on its own behalf or on behalf of a Person not a signatory to this Agreement.
Each of the Debtor Releasing Parties acknowledges that it may hereafter discover facts different from or in addition to those which it now knows or believes to be true with respect to the Released Matters, and each of the Debtor Releasing Parties assumes the risk of such later discovered facts, even if they would have altered such Debtor Releasing Party's desire to enter into this Agreement.
A violation or alleged violation of a term of the releases contained in Section 12.01 (e.g., a subsequent dispute among any of the Debtor Releasing Parties and any Released Party) shall not affect the validity and enforceability of the releases or the covenant not to xxx granted herein in favor of the Released Parties.
Each of the Debtor Releasing Parties, for, and on behalf of, itself, himself or herself (as applicable), represents and warrants that (i) no promise or inducement not expressed herein has been made, (ii) this Release is executed without reliance upon any statement or representation of any party released hereunder or anyone acting on its or their behalf, not expressed herein and (iii) the Release is duly authorized and the Releasing Party accepts full responsibility therefor.
In addition, each of the Debtor Releasing Parties respectively agrees that (i) this Agreement will constitute a complete waiver of Claims regarding the Released Matters, regardless of their nature or value and (ii) the releases provided for herein shall remain in effect in all respects and shall not be subject to termination or rescission, notwithstanding the existence or discovery of such different or additional facts.