Common use of California Civil Code Clause in Contracts

California Civil Code. Except for claims that may arise from the transactions contemplated by this Agreement, Seller knowingly and voluntarily waives any and all rights or benefits that Seller may now have, or in the future might have, under the provisions of California Civil Code Section 1542, which provides as follows:

California Civil Code. Except for claims that may arise from the transactions contemplated by this Agreement, Seller knowingly and voluntarily waives any and all rights or benefits that Seller may now have, or in the future might have, under the provisions of California Civil Code Section 1542, which provides as follows:: A general release does not extend to claims which the creditor does not know or suspect to exist in his or her favor at the time of executing the release, which if known by him or her must have materially affected his or her settlement with the debtor.