Releasee definition

Releasee or “Releasees” shall refer to you and to the Company and each of the Company’s owners, stockholders, predecessors, successors, assigns, agents, directors, officers, employees, representatives, attorneys, advisors, parent companies, divisions, subsidiaries, affiliates (and agents, directors, officers, employees, representatives, attorneys and advisors of such parent companies, divisions, subsidiaries and affiliates) and all persons acting by, through, under or in concert with any of them.

Releasee has the meaning set forth in Section 6.11(a).

Releasee has the meaning set forth in Section 11.16.

Examples of Releasee in a sentence

• Employee also agrees to arbitrate any Arbitrable Dispute which also involves any other Company Releasee who offers or agrees to arbitrate the dispute under this section.

• In the event that any Releasor is successful in pursuing or receives, directly or indirectly, any funds, property, or other value from any Releasee on account of any Released Claim against such Releasee that was released pursuant to the Release Agreement, such Releasor (i) shall not commingle any such recovery with any of its other assets and (ii) agrees that it shall promptly turnover and assign any such recoveries to, and hold them in trust for, such Releasee.

• Each Releasor (and each Party on behalf of the applicable Releasors) hereby irrevocably covenants to refrain from, directly or indirectly, asserting any Released Claim, or asserting, maintaining, prosecuting, assisting, commencing, instituting, or causing to be commenced any Cause of Action of any kind against any Releasee arising out of or relating to a Released Claim.

• Each party hereto shall, on behalf of itself and the other Releasors, refrain from, directly or indirectly, asserting any claim or demand, or commencing, instituting or causing to be commenced any legal proceeding of any kind against a Releasee based upon any matter released pursuant to this Section 28.

• Each Releasee to whom this Section 28 applies shall be a third-party beneficiary of this Section 28.

More Definitions of Releasee

Releasee means each and every one of, and “Releasees” means all of,

Releasee shall have the meaning set forth in Section 2.13.

Releasee shall have the meaning specified in Section 5.9.2.

Releasee is defined in Section 5.6.

Releasee has the meaning set forth in Section 7.9.

Releasee shall have the meaning set forth in Section 10.14.

Releasee include all releasors and all releasees under this RELEASE. This RELEASE may not be changed orally.