Release Clause Example with 6 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. Borrower represents and warrants that as of the date of this Amendment, there are no claims or offsets or defenses or counterclaims to Borrower's obligations under the Loan Documents, and in accordance therewith Borrower: (a) waives any and all such claims, offsets, defenses or counterclaims, whether known or unknown, arising under the Loan Documents prior to the Effective Date; and (b) releases and discharges Lender and its officers, directors, employees, agents, shareholders, affiliates and at...torneys (the "Released Parties") from any and all obligations, indebtedness, liabilities, claims, rights, causes of action or other demands whatsoever, whether known or unknown, suspected or unsuspected, in law or equity, which Borrower ever had, now has or claims to have or may have against any Released Party arising prior to the date of this Amendment and from or in connection with the Loan Documents or the transactions contemplated thereby, except those resulting from the gross negligence or willful misconduct of the Released Party. View More
Found in FIELDPOINT PETROLEUM CORP contract

Variations of a "Release" Clause from Business Contracts

Release. Borrower To induce the Administrative Agent, the Issuing Bank and the Lenders to agree to the terms hereof, each Loan Party represents and warrants that as of the date of this Amendment, Effective Date, there are no claims or offsets or defenses or counterclaims to Borrower's such Loan Party's obligations under the Loan Documents, and in accordance therewith Borrower: each Loan Party: (a) waives any and all such claims, offsets, defenses or counterclaims, whether known or unknown, arising under ...the Loan Documents prior to the Effective Date; and (b) releases and discharges Lender each of the Administrative Agent, the Issuing Bank, the Lenders and its officers, directors, employees, agents, shareholders, affiliates and attorneys (the their respective Related Parties (collectively, the "Released Parties") from any and all obligations, indebtedness, liabilities, claims, rights, causes of action or other demands whatsoever, whether known or unknown, suspected or unsuspected, in law or equity, which Borrower such Loan Party ever had, now has or claims to have or may have against any Released Party arising prior to the date of this Amendment Effective Date and from or in connection with the Loan Documents or the transactions contemplated thereby, except those resulting from the gross negligence or willful misconduct of the Released Party. thereby. View More
Found in PRIMEENERGY RESOURCES CORP contract
Release. In consideration of the agreements set forth in this Amendment, each of Borrower and Guarantors represents and warrants that as of the date of this Amendment, there are no claims or offsets or claims, offsets, defenses or counterclaims to Borrower's the obligations of such Person under the Loan Documents, Documents to which it is a party, and in accordance therewith Borrower: therewith, each of Borrower and Guarantors: (a) waives any and all such claims, offsets, defenses or counterclaims, wheth...er known or unknown, arising under the Loan Documents prior to the Effective Date; and (b) releases and discharges Lender each of the Administrative Agent and its the Lenders and their respective officers, directors, employees, agents, shareholders, affiliates and attorneys (the "Released Parties") from any and all obligations, indebtedness, liabilities, claims, rights, causes of action or other demands whatsoever, whether known or unknown, suspected or unsuspected, in law or equity, which Borrower such Person ever had, now has or claims to have or may have against any Released Party arising prior to the date of this Amendment Effective Date and from or in connection with the Loan Documents or the transactions contemplated thereby, except except, with respect to any Released Party, those resulting from the gross negligence or willful misconduct of such Released Party, as determined by a court of competent jurisdiction by a final and non-appealable judgment. SEVENTH AMENDMENT TO CREDIT AGREEMENT – Page 4 14. Entirety, Etc. This Amendment and the Released Party. other Modification Papers and all of the other Loan Documents embody the entire agreement between the parties. THIS AMENDMENT AND ALL OF THE OTHER LOAN DOCUMENTS REPRESENT THE FINAL AGREEMENT AMONG THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS AMONG THE PARTIES. [This space is left intentionally blank. Signature pages follow.] View More
Found in Samson Oil & Gas LTD contract
Release. In consideration of the agreements set forth in this Agreement, each of Borrower and Guarantors represents and warrants that as of the date of this Amendment, Agreement, there are no claims or offsets or claims, offsets, defenses or counterclaims to Borrower's the obligations of such Person under the Loan Documents, Documents to which it is a party, and in accordance therewith Borrower: therewith, each of Borrower and Guarantors: (a) waives any and all such claims, offsets, defenses or countercl...aims, whether known or unknown, arising under the Loan Documents prior to the Effective Date; and AGREEMENT - Page 7 (b) releases and discharges Lender each of the Administrative Agent and its the Lenders and their respective officers, directors, employees, agents, shareholders, affiliates and attorneys (the "Released Parties") from any and all obligations, indebtedness, liabilities, claims, rights, causes of action or other demands whatsoever, whether known or unknown, suspected or unsuspected, in law or equity, which Borrower such Person ever had, now has or claims to have or may have against any Released Party arising prior to the date of this Amendment Effective Date and from or in connection with the Loan Documents or the transactions contemplated thereby, except except, with respect to any Released Party, those resulting from the gross negligence or willful misconduct of the such Released Party. Party, as determined by a court of competent jurisdiction by a final and non-appealable judgment. View More
Found in Samson Oil & Gas LTD contract
Release. To induce the Administrative Agent, the Issuing Bank and the Lenders to agree to the terms hereof, Borrower represents and warrants that as of the date of this Amendment, Effective Date, there are no claims or offsets or defenses or counterclaims to Borrower's obligations under the Loan Documents, and in accordance therewith Borrower: (a) waives any and all such claims, offsets, defenses or counterclaims, whether known or unknown, arising under the Loan Documents prior to the Effective Date; and... (b) releases and discharges Lender each of the Administrative Agent, the Issuing Bank, the Lenders and its officers, directors, employees, agents, shareholders, affiliates and attorneys (the their respective Related Parties (collectively, the "Released Parties") from any and all obligations, indebtedness, liabilities, claims, rights, causes of action or other demands whatsoever, whether known or unknown, suspected or unsuspected, in law or equity, which Borrower ever had, now has or claims to have or may have against any Released Party arising prior to the date of this Amendment Effective Date and from or in connection with the Loan Documents or the transactions contemplated thereby, except those resulting from the gross negligence or willful misconduct of the Released Party. thereby. View More
Found in 5 Contracts from PRIMEENERGY RESOURCES CORP
Release. In consideration of the agreements set forth in this Amendment, each of Borrower and Guarantors represents and warrants that as of the date of this Amendment, there are no claims or offsets or defenses or counterclaims to Borrower's the obligations of such Person under the Loan Documents, Documents to which it is a party, and in accordance therewith Borrower: therewith, each of Borrower and Guarantors: (a) waives any and all such claims, offsets, defenses or counterclaims, whether known or unkno...wn, arising under the Loan Documents prior to the Effective Date; and (b) releases and discharges Lender the Administrative Agent and its the Lenders and their officers, directors, employees, agents, shareholders, affiliates and attorneys (the "Released Parties") from any and all obligations, indebtedness, liabilities, claims, rights, causes of action or other demands whatsoever, whether known or unknown, suspected or unsuspected, in law or equity, which Borrower such Person ever had, now has or claims to have or may have against any Released Party arising prior to the date of this Amendment and from or in connection with the Loan Documents or the transactions contemplated thereby, except those resulting from the gross negligence or willful misconduct of the Released Party. Parties, as determined by a court of competent jurisdiction by a final and non-appealable judgment. View More
Found in Samson Oil & Gas LTD contract
Release. Borrower represents and warrants that as of the date of this Amendment, there are no claims or offsets or defenses or counterclaims to Borrower's obligations under the Loan Documents, and in accordance therewith Borrower: (a) waives (a)waives any and all such claims, offsets, defenses or counterclaims, whether known or unknown, arising under the Loan Documents prior to the Effective Date; and (b) releases (b)releases and discharges Lender and its officers, directors, employees, agents, sharehold...ers, affiliates and attorneys (the "Released Parties") from any and all obligations, indebtedness, liabilities, claims, rights, causes of action or other demands whatsoever, whether known or unknown, suspected or unsuspected, in law or equity, which Borrower ever had, now has or claims to have or may have against any Released Party arising prior to the date of this Amendment and from or in connection with the Loan Documents or the transactions contemplated ELEVENTH AMENDMENT TO LOAN AGREEMENT AND FIFTH AMENDMENT TO FORBEARANCE AGREEMENT – Page 4 thereby, except those resulting from the gross negligence or willful misconduct of the Released Party. View More
Found in 2 Contracts from FIELDPOINT PETROLEUM CORP