DEBTOR’S RELEASE Sample Clauses

DEBTOR’S RELEASE. Except for the rights and obligations set forth in this Agreement, and without the need for the execution and delivery of additional documents, on the Effective Date of this Agreement and prior to any transfers by the Debtors pursuant to the Plan, the Debtors, on their behalf and on behalf of all the Debtors' bankruptcy estates, and each of their past and present attorneys, shareholders, employees, consultants, members, officers, directors, parents, subsidiaries, predecessors, successors, affiliates, assigns (specifically including any liquidating trust, liquidating trustee, liquidating trust administrator, reorganized debtor(s) or other individual or entity established or appointed in, or pursuant to, the Plan, including in, or pursuant to, any modifications to the Plan, to manage the Debtors' affairs or administer the Debtors' assets), professionals and agents (collectively the "Estate Releasors"), shall be deemed to have irrevocably and unconditionally waived and forever released, acquitted, forever discharged, and covenanted not to ▇▇▇ KPN, ▇▇▇▇ ▇. ▇▇▇▇▇▇▇, the other KPN Entities, KPN's family members, and all entities presently or formerly owned or affiliated with KPN, including but not limited to, KDJET LLC, ▇▇▇▇▇▇▇▇ Road LLC, KJET Office Building LLC, KPN Michigan LLC, KPN Michigan Pool LLC, and KPN ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ LLC and each of their past and present family members, attorneys, shareholders, employees, consultants, members, officers, directors, parents, subsidiaries, predecessors, successors, affiliates, professionals and agents (collectively, the "KPN Releasees"), from any and all claims, demands, liabilities, liens, losses, damages, expenses, costs, obligations, reimbursements, and causes of action of any and every kind, character or nature whatsoever, in law or in equity, tort or contract, whether asserted or unasserted, known or unknown, suspected or unsuspected, fixed or contingent, liquidated or unliquidated, which any or all of the Estate Releasors have or may have or claim to have, now or in the future, against any of the KPN Releasees with respect to all matters from the beginning of time to the Effective Date of this Agreement, including but not limited to, claims and matters related to, or connected to, the Debtors and their bankruptcy estates, the Creditors' Committee, the Estate Disputes, and all claims and counterclaims that could have been asserted in the Debtors' Bankruptcy cases or any other action, specifically including but not l...

DEBTOR’S RELEASE. Except for the rights expressly arising out of, provided for, or reserved in this Agreement, upon the Settlement Effective Date, D▇▇▇ Credit hereby releases, waives, withdraws, dismisses and forever discharges the Debtors and their respective parents, subsidiaries, affiliates, divisions, principals, directors, officers, shareholders, employees, agents, attorneys, successors, assigns, insurers, heirs and executors (excluding any D▇▇▇ Credit entity), from any and all liabilities, torts, causes of action, or any debts, obligations, sums of money, accounts, reckonings, bonds, bills, covenants, contracts, controversies, agreements, promises, variances, trespasses, judgments, executions, costs, claims and demands whatsoever in law or in equity and any other obligation of any kind or nature whether known, unknown, suspected or unsuspected, fixed or contingent, concealed or hidden, latent or patent, (including but not limited to any claims existing or that otherwise might arise under the Tax Sharing Agreement), which any D▇▇▇ Credit entity has against any Debtor as of the date of this Agreement.