Clean Slate Clause Samples
The Clean Slate clause serves to reset or nullify prior obligations, claims, or disputes between the parties as of a specified date or event. In practice, this means that any past breaches, liabilities, or unresolved issues are effectively wiped away, and the parties agree to move forward without reference to those matters. This clause is particularly useful in settlement agreements or contract renewals, as it provides a clear starting point for the relationship and prevents old disputes from resurfacing, thereby ensuring certainty and reducing the risk of future litigation over past events.
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Clean Slate. TESC and Network agree that this Third Amendment is intended as a full and final accord, release and satisfaction of any and all claims that either party may have against the other, including any employee(s) or officer(s) thereof, under the Lease or otherwise, as of May 21, 2009 (the “Clean Slate Effective Date”), whether now known or hereinafter discovered. Notwithstanding the foregoing, (i) any claims for indemnification under the Lease (including, without limitation, the Old Leases) are expressly excluded from the foregoing release and, thus, remain an obligation enforceable against the party so charged in accordance with the provisions of Section 8 of the Lease; and (ii) nothing in this Clean Slate provision is intended to or shall operate as a waiver of any claim(s) that Network may have against employee(s) or officer(s) of TESC in such persons’ individual capacity (as opposed to such person’ capacity as an employee or officer of TESC or any of its Affiliates) that accrued after January 31, 2009 and prior to the Clean Slate Effective Date.
Clean Slate. TESC and Playboy acknowledge that, with respect to all amounts due by either party or its Affiliates to the other for obligations incurred prior to the Effective Date (“Clean Slate Claims”), all payment and other obligations shall be deemed fully performed, and each party waives and discharges any claim with respect to any and all Clean Slate Claims.
Clean Slate. With the ratification of this agreement the Company will remove any discipline or warning letters from the employees file.