Release Clause Example with 212 Variations from Business Contracts

This page contains Release clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Release. (a) In consideration of the agreements of Agent and Lenders contained herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, each Borrower, on behalf of itself and its successors, assigns, and other legal representatives, hereby absolutely, unconditionally and irrevocably releases, remises and forever discharges Agent and each Lender and their respective successors and assigns, and their respective present and former shareholders, affil...iates, subsidiaries, divisions, predecessors, directors, officers, attorneys, employees, agents and other representatives (Agent, Lenders and all such other persons being hereinafter referred to collectively as the "Releasees" and individually as a "Releasee"), of and from all demands, actions, causes of action, suits, covenants, contracts, controversies, agreements, promises, sums of money, accounts, bills, reckonings, damages and any and all other claims, counterclaims, defenses, rights of set-off, demands and liabilities whatsoever (individually, a "Claim" and collectively, "Claims") of every name and nature, known or unknown, suspected or unsuspected, both at law and in equity, which any Borrower or any of its successors, assigns, or other legal representatives may now or hereafter own, hold, have or claim to have against the Releasees or any of them for, upon, or by reason of any circumstance, action, cause or thing whatsoever which arises at any time on or prior to the Second Amendment Effective Date, including, without limitation, for or on account of, or in relation to, or in any way in connection with the Loan Agreement or any of the other Loan Documents or transactions thereunder or related thereto. (b) Each Borrower understands, acknowledges and agrees that its release set forth above may be pleaded as a full and complete defense and may be used as a basis for an injunction against any action, suit or other proceeding which may be instituted, prosecuted or attempted in breach of the provisions of such release. (c) Each Borrower agrees that no fact, event, circumstance, evidence or transaction which could now be asserted or which may hereafter be discovered shall affect in any manner the final, absolute and unconditional nature of the release set forth above. View More
Found in IMMUNE PHARMACEUTICALS INC contract

Variations of a "Release" Clause from Business Contracts

Release. Each Loan Party hereby acknowledges and agrees that: (a) In neither it nor any of its Subsidiaries has any claim or cause of action against Administrative Agent or any Lender (or any of the directors, officers, employees, agents, attorneys or consultants of any of the foregoing) and (b) the Administrative Agent and the Lenders have heretofore properly performed and satisfied in a timely manner all of their obligations to the Loan Parties, and all of their Subsidiaries and Affiliates. Notwithstan...ding the foregoing, the Administrative Agent and the Lenders wish (and the Loan Parties agree) to eliminate any possibility that any past conditions, acts, omissions, events or circumstances would impair or otherwise adversely affect any of their rights, interests, security and/or remedies. Accordingly, for and in consideration of the agreements of Agent contained in this Amendment and Lenders contained herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, each Borrower, on behalf of Loan Party (for itself and its Subsidiaries and Affiliates and the successors, assigns, heirs and other legal representatives, representatives of each of the foregoing) (collectively, the "Releasors") does hereby absolutely, fully, finally, unconditionally and irrevocably releases, remises release, waive and forever discharges discharge the Administrative Agent and each Lender and the Lenders, together with their respective successors Affiliates and assigns, Related Funds, and their respective present and former shareholders, affiliates, subsidiaries, divisions, predecessors, each of the directors, officers, attorneys, employees, agents agents, attorneys and other representatives (Agent, Lenders consultants of each of the foregoing (collectively, the "Released Parties"), from any and all such other persons being hereinafter referred to collectively as the "Releasees" debts, claims, allegations, obligations, damages, costs, attorneys' fees, suits, demands, liabilities, actions, proceedings and individually as a "Releasee"), of and from all demands, actions, causes of action, suits, covenants, contracts, controversies, agreements, promises, sums of money, accounts, bills, reckonings, damages and any and all other claims, counterclaims, defenses, rights of set-off, demands and liabilities whatsoever (individually, a "Claim" and collectively, "Claims") of every name and nature, in each case, whether known or unknown, suspected contingent or unsuspected, both at fixed, direct or indirect, and of whatever nature or description, and whether in law and or in equity, under contract, tort, statute or otherwise, which any Borrower Releasor has heretofore had or any of its successors, assigns, or other legal representatives may now or hereafter own, hold, have can, shall or claim to may have against the Releasees or any of them for, upon, or Released Party by reason of any circumstance, action, cause act, omission or thing whatsoever which arises at any time done or omitted to be done, in each case, on or prior to the Second Amendment Effective Date, including, without limitation, for Date directly arising out of, connected with or on account of, or in relation to, or in any way in connection with related to this Amendment, the Loan Financing Agreement or any other Loan Document, or any act, event or transaction related or attendant thereto, or the agreements of Administrative Agent or any Lender contained therein, or the possession, use, operation or control of any of the assets of any Loan Party, or the making of any Loans or other advances, or the management of such Loans or other advances or the Collateral. Each Loan Documents Party represents and warrants that it has no knowledge of any claim by any Releasor against any Released Party or transactions thereunder of any facts or related thereto. (b) Each Borrower understands, acknowledges acts or omissions of any Released Party which on the date hereof would be the basis of a claim by any Releasor against any Released Party which would not be released hereby. -4- 8. Further Assurances. The Loan Parties shall execute any and agrees that its release set forth above all further documents, agreements and instruments, and take all further actions, as may be pleaded required under applicable law or as a full and complete defense and Administrative Agent may be used as a basis for an injunction against any action, suit or other proceeding which may be instituted, prosecuted or attempted reasonably request, in breach order to effect the purposes of the provisions of such release. (c) Each Borrower agrees that no fact, event, circumstance, evidence or transaction which could now be asserted or which may hereafter be discovered shall affect in any manner the final, absolute and unconditional nature of the release set forth above. this Amendment. View More
Found in TherapeuticsMD, Inc. contract
Release. (a) In The Agents and the Lenders wish (and each Loan Party agrees) to eliminate any possibility that any past conditions, acts, omissions, events or circumstances would impair or otherwise adversely affect any of the Agents' and the Lenders' rights, interests, security and/or remedies under the Financing Agreement and the other Loan Documents. Accordingly, for and in consideration of the agreements of Agent contained in this Amendment and Lenders contained herein and for other good and valuable... consideration, the receipt and sufficiency of which is hereby acknowledged, each Borrower, on behalf of Loan Party (for itself and its Affiliates and the successors, assigns, heirs and other legal representatives, representatives of each of the foregoing) (collectively, the "Releasors") does hereby absolutely, fully, finally, unconditionally and irrevocably releases, remises release and forever discharges Agent and discharge each Agent, each Lender and each of their respective successors Affiliates, officers, directors, employees, attorneys, consultants and assigns, and their respective present and former shareholders, affiliates, subsidiaries, divisions, predecessors, directors, officers, attorneys, employees, agents and other representatives (Agent, Lenders (collectively, the "Released Parties") from any and all such other persons being hereinafter referred to collectively as the "Releasees" debts, claims, obligations, damages, costs, attorneys' fees, suits, demands, liabilities, actions, proceedings and individually as a "Releasee"), of and from all demands, actions, causes of action, suits, covenants, contracts, controversies, agreements, promises, sums of money, accounts, bills, reckonings, damages and any and all other claims, counterclaims, defenses, rights of set-off, demands and liabilities whatsoever (individually, a "Claim" and collectively, "Claims") of every name and nature, in each case, whether known or unknown, suspected contingent or unsuspected, both at fixed, direct or indirect, and of whatever nature or description, and whether in law and or in equity, under contract, tort, statute or otherwise, which any Borrower Releasor has heretofore had or any of its successors, assigns, or other legal representatives may now or hereafter own, hold, have can, shall or claim to may have against the Releasees or any of them for, upon, or Released Party by reason of any circumstance, action, cause act, omission or thing whatsoever which arises at any time on done or omitted to be done prior to the Second First Amendment Effective Date, including, without limitation, for Date arising out of, connected with or on account of, or in relation to, or related in any way in connection with to this Amendment, the Loan Financing Agreement or any other Loan Document, or any act, event or transaction related or attendant thereto, or the agreements of any Agent or any Lender contained therein, or the possession, use, operation or control of any of the other assets of each Loan Documents Party, or transactions thereunder or related thereto. (b) Each Borrower understands, acknowledges and agrees that its release set forth above may be pleaded as a full and complete defense and may be used as a basis for an injunction against the making of any action, suit Loans or other proceeding which may be instituted, prosecuted advances, or attempted in breach of the provisions management of such release. (c) Each Borrower agrees that no fact, event, circumstance, evidence Loans or transaction which could now be asserted advances or which may hereafter be discovered shall affect in any manner the final, absolute and unconditional nature of Collateral prior to the release set forth above. First Amendment Effective Date. View More
Found in AURORA DIAGNOSTICS HOLDINGS LLC contract
Release. Each Loan Party hereby acknowledges and agrees that: (a) In neither it nor any of its Subsidiaries has any claim or cause of action against Administrative Agent or any Lender (or any of the directors, officers, employees, agents, attorneys or consultants of any of the foregoing) and (b) the Administrative Agent and the Lenders have heretofore properly performed and satisfied in a timely manner all of their obligations to the Loan Parties, and all of their Subsidiaries and Affiliates. Notwithstan...ding the foregoing, the Administrative Agent and the Lenders wish (and the Loan Parties agree) to eliminate any possibility that any past conditions, acts, omissions, events or circumstances would impair or otherwise adversely affect any of their rights, interests, security and/or remedies. Accordingly, for and in consideration of the agreements of Agent contained in this Amendment and Lenders contained herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, each Borrower, on behalf of Loan Party (for itself and its Subsidiaries and Affiliates and the successors, assigns, heirs and other legal representatives, representatives of each of the foregoing) (collectively, the "Releasors") does hereby absolutely, fully, finally, unconditionally and irrevocably releases, remises release, waive and forever discharges discharge the Administrative Agent and each Lender and the Lenders, together with their respective successors Affiliates and assigns, Related Funds, and their respective present and former shareholders, affiliates, subsidiaries, divisions, predecessors, each of the directors, officers, attorneys, employees, agents agents, attorneys and other representatives (Agent, Lenders consultants of each of the foregoing (collectively, the "Released Parties"), from any and all such other persons being hereinafter referred to collectively as the "Releasees" debts, claims, allegations, obligations, damages, costs, attorneys' fees, suits, demands, liabilities, actions, proceedings and individually as a "Releasee"), of and from all demands, actions, causes of action, suits, covenants, contracts, controversies, agreements, promises, sums of money, accounts, bills, reckonings, damages and any and all other claims, counterclaims, defenses, rights of set-off, demands and liabilities whatsoever (individually, a "Claim" and collectively, "Claims") of every name and nature, in each case, whether known or unknown, suspected contingent or unsuspected, both at fixed, direct or indirect, and of whatever nature or description, and whether in law and or in equity, under contract, tort, statute or otherwise, which any Borrower Releasor has heretofore had or any of its successors, assigns, or other legal representatives may now or hereafter own, hold, have can, shall or claim to may have against the Releasees or any of them for, upon, or Released Party by reason of any circumstance, action, cause act, omission or thing whatsoever which arises at any time done or omitted to be done, in each case, on or prior to the Second Amendment Effective Date, including, without limitation, for Date directly arising out of, connected with or on account of, or in relation to, or in any way in connection with related to this Amendment, the Loan Financing Agreement or any other Loan Document, or any act, event or transaction related or attendant thereto, or the agreements of Administrative Agent or any Lender contained therein, or the possession, use, operation or control of any of the assets of any Loan Party, or the making of any Loans or other advances, or the management of such Loans or other advances or the Collateral. Each Loan Documents Party represents and warrants that it has no knowledge of any claim by any Releasor against any Released Party or transactions thereunder of any facts or related thereto. (b) Each Borrower understands, acknowledges acts or omissions of any Released Party which on the date hereof would be the basis of a claim by any Releasor against any Released Party which would not be released hereby. 8. Further Assurances. The Loan Parties shall execute any and agrees that its release set forth above all further documents, agreements and instruments, and take all further actions, as may be pleaded required under applicable law or as a full and complete defense and Administrative Agent may be used as a basis for an injunction against any action, suit or other proceeding which may be instituted, prosecuted or attempted reasonably request, in breach order to effect the purposes of the provisions of such release. (c) Each Borrower agrees that no fact, event, circumstance, evidence or transaction which could now be asserted or which may hereafter be discovered shall affect in any manner the final, absolute and unconditional nature of the release set forth above. this Amendment. View More
Found in 4 Contracts from TherapeuticsMD, Inc.
Release. Each Loan Party hereby acknowledges and agrees that: (a) In neither it nor any of its Affiliates has any claim or cause of action against any Agent or any Lender (or any of their respective Affiliates, officers, directors, employees, attorneys, consultants or agents) 14 and (b) each Agent and each Lender has heretofore properly performed and satisfied in a timely manner all of its obligations to such Loan Party and its Affiliates under the Financing Agreement and the other Loan Documents. Notwit...hstanding the foregoing and the Lenders wish (and each Loan Party agrees) to eliminate any possibility that any past conditions, acts, omissions, events or circumstances would impair or otherwise adversely affect any of the Agents' and the Lenders' rights, interests, security and/or remedies under the Financing Agreement and the other Loan Documents. Accordingly, for and in consideration of the agreements of Agent contained in this Amendment and Lenders contained herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, each Borrower, on behalf of Loan Party (for itself and its Affiliates and the successors, assigns, heirs and other legal representatives, representatives of each of the foregoing) (collectively, the "Releasors") does hereby absolutely, fully, finally, unconditionally and irrevocably releases, remises release and forever discharges Agent and discharge each Agent, each Lender and each of their respective successors Affiliates, officers, directors, employees, attorneys, consultants and assigns, and their respective present and former shareholders, affiliates, subsidiaries, divisions, predecessors, directors, officers, attorneys, employees, agents and other representatives (Agent, Lenders (collectively, the "Released Parties") from any and all such other persons being hereinafter referred to collectively as the "Releasees" debts, claims, obligations, damages, costs, attorneys' fees, suits, demands, liabilities, actions, proceedings and individually as a "Releasee"), of and from all demands, actions, causes of action, suits, covenants, contracts, controversies, agreements, promises, sums of money, accounts, bills, reckonings, damages and any and all other claims, counterclaims, defenses, rights of set-off, demands and liabilities whatsoever (individually, a "Claim" and collectively, "Claims") of every name and nature, in each case, whether known or unknown, suspected contingent or unsuspected, both at fixed, direct or indirect, and of whatever nature or description, and whether in law and or in equity, under contract, tort, statute or otherwise, which any Borrower Releasor has heretofore had or any of its successors, assigns, or other legal representatives may now or hereafter own, hold, have can, shall or claim to may have against the Releasees or any of them for, upon, or Released Party by reason of any circumstance, action, cause act, omission or thing whatsoever which arises at any time done or omitted to be done on or prior to the Second Third Amendment Effective Date, including, without limitation, for Date arising out of, connected with or on account of, or in relation to, or related in any way in connection with to this Amendment, the Loan Financing Agreement or any other Loan Document, or any act, event or transaction related or attendant thereto, or the agreements of any Agent or any Lender contained therein, or the possession, use, operation or control of any of the other assets of each Loan Documents Party, or transactions thereunder or related thereto. (b) Each Borrower understands, acknowledges and agrees that its release set forth above may be pleaded as a full and complete defense and may be used as a basis for an injunction against the making of any action, suit Loans or other proceeding which may be instituted, prosecuted advances, or attempted in breach of the provisions management of such release. (c) Each Borrower agrees that no fact, event, circumstance, evidence Loans or transaction which could now be asserted advances or which may hereafter be discovered shall affect in any manner the final, absolute and unconditional nature of Collateral on or prior to the release set forth above. Third Amendment Effective Date. View More
Found in ALJ REGIONAL HOLDINGS INC contract
Release. Each Loan Party hereby acknowledges and agrees that: (a) In neither it nor any of its Subsidiaries has any claim or cause of action against the Agent or any Lender (or any of the directors, officers, employees, agents, attorneys or consultants of any of the foregoing) and (b) the Agent and the Lenders have heretofore properly performed and satisfied in a timely manner all of their obligations to the Loan Parties, and all of their Subsidiaries and Affiliates. Notwithstanding the foregoing, the Ag...ent and the Lenders wish (and the Loan Parties agree) to eliminate any possibility that any past conditions, acts, omissions, events or circumstances would impair or otherwise adversely affect any of their rights, interests, security and/or remedies. Accordingly, for and in consideration of the agreements of Agent contained in this Amendment and Lenders contained herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, each Borrower, on behalf of Loan Party (for itself and its Subsidiaries and Affiliates and the successors, assigns, heirs and other legal representatives, representatives of each of the foregoing) (collectively, the "Releasors") does hereby absolutely, fully, finally, unconditionally and irrevocably releases, remises release, waive and forever discharges discharge the Agent and the Lenders, together with their respective Affiliates and Related Funds, and each of the directors, officers, employees, agents, attorneys and consultants of each of the foregoing (collectively, the "Released Parties"), from any and all debts, claims, allegations, obligations, damages, costs, attorneys' fees, suits, demands, liabilities, actions, proceedings and causes of action, in each case, whether known or unknown, contingent or fixed, direct or indirect, and of whatever nature or description, and whether in law or in equity, under contract, tort, statute or otherwise, which any Releasor has heretofore had or now or hereafter can, shall or may have against any Released Party by reason of any act, omission or thing whatsoever done or omitted to be done, in each case, on or prior to the Amendment No. 7 Effective Date directly arising out of, connected with or related to this Amendment, the Financing Agreement or any other Loan Document, or any act, event or transaction related or attendant thereto, or the agreements of the Agent or any Lender contained therein, or the possession, use, operation or control of any of the assets of any Loan Party, or the making of any Loans or other advances, or the management of such Loans or other advances or the Collateral. Each Loan Party represents and warrants that it has no knowledge of any claim by any Releasor against any Released Party or of any facts or acts or omissions of any Released Party which on the date hereof would be the basis of a claim by any Releasor against any Released Party which would not be released hereby. 11. Miscellaneous. (a) This Amendment may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which shall be deemed to be an original but all of which taken together shall constitute one and the same agreement. Delivery of an executed counterpart of this Amendment by facsimile or electronic mail shall be equally effective as delivery of an original executed counterpart of this Amendment. (b) Section and paragraph headings herein are included for convenience of reference only and shall not constitute a part of this Amendment for any other purpose. (c) This Amendment shall be governed by, and construed in accordance with, the laws of the State of New York. (d) Each Loan Party hereby acknowledges and agrees that this Amendment constitutes a "Loan Document" under the Financing Agreement. (e) Any provision of this Amendment that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining portions hereof or affecting the validity or enforceability of such provision in any other jurisdiction. (f) This Amendment shall be binding upon and inure to the benefit of each Loan Party and the Agent and each Lender and their respective successors and assigns, and their respective present and former shareholders, affiliates, subsidiaries, divisions, predecessors, directors, officers, attorneys, employees, agents and other representatives (Agent, Lenders and all such other persons being hereinafter referred to collectively as assigns; provided, however, that none of the "Releasees" and individually as a "Releasee"), of and from all demands, actions, causes of action, suits, covenants, contracts, controversies, agreements, promises, sums of money, accounts, bills, reckonings, damages and any and all other claims, counterclaims, defenses, rights of set-off, demands and liabilities whatsoever (individually, a "Claim" and collectively, "Claims") of every name and nature, known Loan Parties may assign or unknown, suspected or unsuspected, both at law and in equity, which any Borrower or transfer any of its successors, assigns, or other legal representatives may now or hereafter own, hold, have or claim to have against rights hereunder without the Releasees or prior written consent of each Lender and any such assignment without the Lenders' prior written consent shall be null and void. [Remainder of them for, upon, or by reason of any circumstance, action, cause or thing whatsoever which arises at any time on or prior to the Second Amendment Effective Date, including, without limitation, for or on account of, or in relation to, or in any way in connection with the Loan Agreement or any of the other Loan Documents or transactions thereunder or related thereto. (b) Each Borrower understands, acknowledges and agrees that its release set forth above may be pleaded as a full and complete defense and may be used as a basis for an injunction against any action, suit or other proceeding which may be instituted, prosecuted or attempted in breach of the provisions of such release. (c) Each Borrower agrees that no fact, event, circumstance, evidence or transaction which could now be asserted or which may hereafter be discovered shall affect in any manner the final, absolute and unconditional nature of the release set forth above. page intentionally left blank.] View More
Found in ITHAX Acquisition Corp. contract
Release. Each Loan Party hereby acknowledges and agrees that: (a) In neither it nor any of its Subsidiaries has any claim or cause of action against Administrative Agent or any Lender (or any of the directors, officers, employees, agents, attorneys or consultants of any of the foregoing) and (b) the Administrative Agent and the Lenders have heretofore properly performed and satisfied in a timely manner all of their obligations to the Loan Parties, and all of their Subsidiaries and Affiliates. Notwithstan...ding the foregoing, the Administrative Agent and the Lenders wish (and the Loan Parties agree) to eliminate any possibility that any past conditions, acts, omissions, events or circumstances would impair or otherwise adversely affect any of their rights, interests, security and/or remedies. Accordingly, for and in consideration of the agreements of Agent contained in this Amendment and Lenders contained herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, each Borrower, on behalf of Loan Party (for itself and its Subsidiaries and Affiliates and the successors, assigns, heirs and other legal representatives, representatives of each of the foregoing) (collectively, the "Releasors") does hereby absolutely, fully, finally, unconditionally and irrevocably releases, remises release, waive and forever discharges discharge the Administrative Agent and each Lender and the Lenders, together with their respective successors Affiliates and assigns, Related Funds, and their respective present and former shareholders, affiliates, subsidiaries, divisions, predecessors, each of the directors, officers, attorneys, employees, agents agents, attorneys and other representatives (Agent, Lenders consultants of each of the foregoing (collectively, the "Released Parties"), from any and all such other persons being hereinafter referred to collectively as the "Releasees" debts, claims, allegations, obligations, damages, costs, attorneys' fees, suits, demands, liabilities, actions, proceedings and individually as a "Releasee"), of and from all demands, actions, causes of action, suits, covenants, contracts, controversies, agreements, promises, sums of money, accounts, bills, reckonings, damages and any and all other claims, counterclaims, defenses, rights of set-off, demands and liabilities whatsoever (individually, a "Claim" and collectively, "Claims") of every name and nature, in each case, whether known or unknown, suspected contingent or unsuspected, both at fixed, direct or indirect, and of whatever nature or description, and whether in law and or in equity, under contract, tort, statute or otherwise, which any Borrower Releasor has heretofore had or any of its successors, assigns, or other legal representatives may now or hereafter own, hold, have can, shall or claim to may have against the Releasees or any of them for, upon, or Released Party by reason of any circumstance, action, cause act, omission or thing whatsoever which arises at any time done or omitted to be done, in each case, on or prior to the Second Amendment Effective Date, including, without limitation, for Date directly arising out of, connected with or on account of, or in relation to, or in any way in connection with related to this Amendment, the Loan Financing Agreement or any other Loan Document, or any act, event or transaction related or attendant thereto, or the agreements of Administrative Agent or any Lender contained therein, or the possession, use, operation or control of any of the assets of any Loan Party, or the making of any Loans or other advances, or the management of such Loans or other advances or the Collateral. Each Loan Documents or transactions thereunder or related thereto. (b) Each Borrower understands, acknowledges Party represents and agrees warrants that its release set forth above may be pleaded as a full and complete defense and may be used as a basis for an injunction it has no knowledge of any claim by any Releasor against any action, suit Released Party or other proceeding of any facts or acts or omissions of any Released Party which may on the date hereof would be instituted, prosecuted or attempted in breach the basis of the provisions of such release. (c) Each Borrower agrees that no fact, event, circumstance, evidence or transaction a claim by any Releasor against any Released Party which could now would not be asserted or which may hereafter be discovered shall affect in any manner the final, absolute and unconditional nature of the release set forth above. released hereby. View More
Found in 6 Contracts from TherapeuticsMD, Inc.
Release. Each Loan Party hereby acknowledges and agrees that, as of the date hereof: (a) In neither it nor any of its Subsidiaries has any claim or cause of action against the Administrative Agent or any Lender (or any of the directors, officers, employees, agents, attorneys or consultants of any of the foregoing) under or pursuant to the Credit Agreement or any other Loan Document and (b) the Administrative Agent and the Lenders have heretofore properly performed and satisfied in a timely manner all of ...their obligations to the Loan Parties and all of their Subsidiaries under or pursuant to the Credit Agreement and any other Loan Document. Notwithstanding the foregoing, the Administrative Agent and the Lenders wish (and the Loan Parties agree) to eliminate any possibility that any past conditions, acts, omissions, events or circumstances would impair or otherwise adversely affect any of their rights, interests, security and/or remedies. Accordingly, for and in consideration of the agreements of Agent contained in this Amendment and Lenders contained herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, each Borrower, on behalf of Loan Party (for itself and its Subsidiaries and the successors, assigns, heirs and other legal representatives, representatives of each of the foregoing) (collectively, the "Releasors") does hereby absolutely, fully, finally, unconditionally and irrevocably releases, remises release, waive and forever discharges discharge the Administrative Agent and each Lender and the Lenders, together with their respective successors Affiliates, and assigns, and their respective present and former shareholders, affiliates, subsidiaries, divisions, predecessors, each of the directors, officers, attorneys, employees, agents agents, attorneys and other representatives (Agent, Lenders consultants of each of the foregoing (collectively, the "Released Parties"), from any and all such other persons being hereinafter referred to collectively as the "Releasees" debts, claims, allegations, obligations, damages, costs, attorneys' fees, suits, demands, liabilities, actions, proceedings and individually as a "Releasee"), of and from all demands, actions, causes of action, suits, covenants, contracts, controversies, agreements, promises, sums of money, accounts, bills, reckonings, damages and any and all other claims, counterclaims, defenses, rights of set-off, demands and liabilities whatsoever (individually, a "Claim" and collectively, "Claims") of every name and nature, in each case, whether known or unknown, suspected contingent or unsuspected, both at fixed, direct or indirect, and of whatever nature or description, and whether in law and or in equity, under contract, tort, statute or otherwise, which any Borrower Releasor has heretofore had or any of its successors, assigns, or other legal representatives may now or hereafter own, hold, have can, shall or claim to may have against the Releasees or any of them for, upon, or Released Party by reason of any circumstance, action, cause act, omission or thing whatsoever which arises at any time done or omitted to be done, in each case, on or prior to the Second Amendment Effective Date, including, without limitation, for Date directly arising out of, connected with or on account of, or in relation to, or in any way in connection with related to this Amendment, the Loan Credit Agreement or any other Loan Document, or any act, event or transaction related or attendant thereto, or the agreements of the Administrative Agent or any Lender contained therein, or the possession, use, operation or control of any of the assets of any Loan Party, or the making of any Loans or other advances, or the management of such Loans or other advances or the Collateral (collectively, the "Released Claims"). Each Loan Documents or transactions thereunder or related thereto. (b) Each Borrower understands, acknowledges Party represents and agrees warrants that its release set forth above may be pleaded as a full and complete defense and may be used as a basis for an injunction it has no knowledge of any claim by any Releasor against any action, suit Released Party which would constitute a Released Claim or other proceeding of any facts or acts or omissions of any Released Party which may on the date hereof would be instituted, prosecuted or attempted in breach the basis of the provisions of such release. (c) Each Borrower agrees that no fact, event, circumstance, evidence or transaction a Released Claim by any Releasor against any Released Party which could now would not be asserted or which may hereafter be discovered shall affect in any manner the final, absolute and unconditional nature of the release set forth above. released hereby. View More
Found in INSEEGO CORP. contract
Release. Each Loan Party hereby acknowledges and agrees that: (a) In neither it nor any of its Subsidiaries has any claim or cause of action against any Agent or any Lender (or any of the directors, officers, employees, agents, attorneys or consultants of any of the foregoing) and (b) the Agents and the Lenders have heretofore properly performed and satisfied in a timely manner all of their obligations to the Loan Parties, and all of their Subsidiaries and Affiliates. Notwithstanding the foregoing, the A...gents and the Lenders wish (and the Loan Parties agree) to eliminate any possibility that any past conditions, acts, omissions, events or circumstances would impair or otherwise adversely affect any of their rights, interests, security and/or remedies. Accordingly, for and in consideration of the agreements of Agent contained in this First Amendment and Lenders contained herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, each Borrower, on behalf of Loan Party (for itself and its Subsidiaries and Affiliates and the successors, assigns, heirs and other legal representatives, representatives of each of the foregoing) (collectively, the "Releasors") does hereby absolutely, fully, finally, unconditionally and irrevocably releases, remises release, waive and forever discharges Agent discharge the Agents and the Lenders, together with their respective Affiliates and Related Funds, and each Lender and their respective successors and assigns, and their respective present and former shareholders, affiliates, subsidiaries, divisions, predecessors, of the directors, officers, attorneys, employees, agents agents, attorneys and other representatives (Agent, Lenders consultants of each of the foregoing (collectively, the "Released Parties"), from any and all such other persons being hereinafter referred to collectively as the "Releasees" debts, claims, allegations, obligations, damages, costs, attorneys' fees, suits, demands, liabilities, actions, proceedings and individually as a "Releasee"), of and from all demands, actions, causes of action, suits, covenants, contracts, controversies, agreements, promises, sums of money, accounts, bills, reckonings, damages and any and all other claims, counterclaims, defenses, rights of set-off, demands and liabilities whatsoever (individually, a "Claim" and collectively, "Claims") of every name and nature, in each case, whether known or unknown, suspected contingent or unsuspected, both at fixed, direct or indirect, and of whatever nature or description, and whether in law and or in equity, under contract, tort, statute or otherwise, which any Borrower Releasor has heretofore had or any of its successors, assigns, or other legal representatives may now or hereafter own, hold, have can, shall or claim to may have against the Releasees or any of them for, upon, or Released Party by reason of any circumstance, action, cause act, omission or thing whatsoever which arises at any time done or omitted to be done, in each case, on or prior to the Second First Amendment Effective Date, including, without limitation, for Date directly arising out of, connected with or on account of, or in relation to, or in any way in connection with related to this First Amendment, the Loan Financing Agreement or any other Loan Document, or any act, event or transaction related or attendant thereto, or the agreements of any Agent or any Lender contained therein, or the possession, use, operation or control of any of the assets of any Loan Party, or the making of any Loans or other advances, or the management of such Loans or other advances or the Collateral. Each Loan Documents or transactions thereunder or related thereto. (b) Each Borrower understands, acknowledges Party represents and agrees warrants that its release set forth above may be pleaded as a full and complete defense and may be used as a basis for an injunction it has no knowledge of any claim by any Releasor against any action, suit Released Party or other proceeding of any facts or acts or omissions of any Released Party which may on the date hereof would be instituted, prosecuted or attempted in breach the basis of the provisions of such release. (c) Each Borrower agrees that no fact, event, circumstance, evidence or transaction a claim by any Releasor against any Released Party which could now would not be asserted or which may hereafter be discovered shall affect in any manner the final, absolute and unconditional nature of the release set forth above. released hereby. View More
Found in SMTC CORP contract
Release. Each Loan Party hereby acknowledges and agrees that: (a) In neither it nor any of its Affiliates has any claim or cause of action against any Agent or any Lender (or any of their respective Affiliates, officers, directors, employees, attorneys, consultants or agents) and (b) each Agent and each Lender has heretofore properly performed and satisfied in a timely manner all of its obligations to such Loan Party and its Affiliates under the Financing Agreement and the other Loan Documents. Notwithst...anding the foregoing and the Lenders wish (and each Loan Party agrees) to eliminate any possibility that any past conditions, acts, omissions, events or circumstances would impair or otherwise adversely affect any of the Agents' and the Lenders' rights, interests, security and/or remedies under the Financing Agreement and the other Loan Documents. Accordingly, for and in consideration of the agreements of Agent contained in this Amendment and Lenders contained herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, each Borrower, on behalf of Loan Party (for itself and its Affiliates and the successors, assigns, heirs and other legal representatives, representatives of each of the foregoing) (collectively, the "Releasors") does hereby absolutely, fully, finally, unconditionally and irrevocably releases, remises release and forever discharges Agent and discharge each Agent, each Lender and each of their respective successors Affiliates, officers, directors, employees, attorneys, consultants and assigns, and their respective present and former shareholders, affiliates, subsidiaries, divisions, predecessors, directors, officers, attorneys, employees, agents and other representatives (Agent, Lenders (collectively, the "Released Parties") from any and all such other persons being hereinafter referred to collectively as the "Releasees" debts, claims, obligations, damages, costs, attorneys' fees, suits, demands, liabilities, actions, proceedings and individually as a "Releasee"), of and from all demands, actions, causes of action, suits, covenants, contracts, controversies, agreements, promises, sums of money, accounts, bills, reckonings, damages and any and all other claims, counterclaims, defenses, rights of set-off, demands and liabilities whatsoever (individually, a "Claim" and collectively, "Claims") of every name and nature, in each case, whether known or unknown, suspected contingent or unsuspected, both at fixed, direct or indirect, and of whatever nature or description, and whether in law and or in equity, under contract, tort, statute or otherwise, which any Borrower Releasor has heretofore had or any of its successors, assigns, or other legal representatives may now or hereafter own, hold, have can, shall or claim to may have against the Releasees or any of them for, upon, or Released Party by reason of any circumstance, action, cause act, omission or thing whatsoever which arises at any time done or omitted to be done on or prior to the Second Eighth Amendment Effective Date, including, without limitation, for Date arising out of, connected with or on account of, or in relation to, or related in any way in connection with to this Amendment, the Loan Financing Agreement or any other Loan Document, or any act, event or transaction related or attendant thereto, or the agreements of any Agent or any Lender contained therein, or the possession, use, operation or control of any of the other assets of each Loan Documents Party, or transactions thereunder or related thereto. (b) Each Borrower understands, acknowledges and agrees that its release set forth above may be pleaded as a full and complete defense and may be used as a basis for an injunction against the making of any action, suit Loans or other proceeding which may be instituted, prosecuted advances, or attempted in breach of the provisions management of such release. (c) Each Borrower agrees that no fact, event, circumstance, evidence Loans or transaction which could now be asserted advances or which may hereafter be discovered shall affect in any manner the final, absolute and unconditional nature of Collateral on or prior to the release set forth above. Eighth Amendment Effective Date. View More
Found in ALJ REGIONAL HOLDINGS INC contract
Release. Each Loan Party hereby acknowledges and agrees that: (a) In neither it nor any of its Subsidiaries has any claim or cause of action against Agent or any Lender (or any of the directors, officers, employees, agents, attorneys or consultants of any of the foregoing) and (b) Agent and the Lenders have heretofore properly performed and satisfied in a timely manner all of their obligations to the Loan Parties, and all of their Subsidiaries and Affiliates. Notwithstanding the foregoing, Agent and the ...Lenders wish (and the Loan Parties agree) to eliminate any possibility that any past conditions, acts, omissions, events or circumstances would impair or otherwise adversely affect any of their rights, interests, security and/or remedies. Accordingly, for and in consideration of the agreements of Agent contained in this First Amendment and Lenders contained herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, each Borrower, on behalf of Loan Party (for itself and its Subsidiaries and Affiliates and the successors, assigns, heirs and other legal representatives, representatives of each of the foregoing) (collectively, the "Releasors") does hereby absolutely, fully, finally, unconditionally and irrevocably releases, remises release, waive and forever discharges discharge Agent and each Lender and the Lenders, together with their respective successors Affiliates, and assigns, and their respective present and former shareholders, affiliates, subsidiaries, divisions, predecessors, each of the directors, officers, attorneys, employees, agents agents, attorneys and other representatives (Agent, Lenders consultants of each of the foregoing (collectively, the "Released Parties"), from any and all such other persons being hereinafter referred to collectively as the "Releasees" debts, claims, allegations, obligations, damages, costs, attorneys' fees, suits, demands, liabilities, actions, proceedings and individually as a "Releasee"), of and from all demands, actions, causes of action, suits, covenants, contracts, controversies, agreements, promises, sums of money, accounts, bills, reckonings, damages and any and all other claims, counterclaims, defenses, rights of set-off, demands and liabilities whatsoever (individually, a "Claim" and collectively, "Claims") of every name and nature, in each case, whether known or unknown, suspected contingent or unsuspected, both at fixed, direct or indirect, and of whatever nature or description, and whether in law and or in equity, under contract, tort, statute or otherwise, which any Borrower Releasor has heretofore had or any of its successors, assigns, or other legal representatives may now or hereafter own, hold, have can, shall or claim to may have against the Releasees or any of them for, upon, or Released Party by reason of any circumstance, action, cause act, omission or thing whatsoever which arises at any time done or omitted to be done, in each case, on or prior to the Second First Amendment Effective Date, including, without limitation, for Date directly arising out of, connected with or on account of, or in relation to, or in any way in connection with related to this First Amendment, the Loan Credit Agreement or any other Loan Document, or any act, event or transaction related or attendant thereto, or the agreements of Agent or any Lender contained therein, or the possession, use, operation or control of any of the assets of any Loan Party, or the making of any loans or other advances, or the management of such loans or other advances or the Collateral. Each Loan Documents or transactions thereunder or related thereto. (b) Each Borrower understands, acknowledges Party represents and agrees warrants that its release set forth above may be pleaded as a full and complete defense and may be used as a basis for an injunction it has no knowledge of any claim by any Releasor against any action, suit Released Party or other proceeding of any facts or acts or omissions of any Released Party which may on the date hereof would be instituted, prosecuted or attempted in breach the basis of the provisions of such release. (c) Each Borrower agrees that no fact, event, circumstance, evidence or transaction a claim by any Releasor against any Released Party which could now would not be asserted or which may hereafter be discovered shall affect in any manner the final, absolute and unconditional nature of the release set forth above. released hereby. View More
Found in Colt Defense LLC contract