Inno’s Release Sample Clauses

Inno’s Release. Effective upon the Closing, Inno, on behalf of itself and its past, present and future affiliates, directors, and their heirs, successors and assigns (collectively, “Inno Persons”), hereby irrevocably releases and forever discharges the Group Companies and their respective past, present and future affiliates, directors, and their heirs, successors and assigns (collectively, “Group Company Persons”) from any and all past, present or future actual or potential claims, related in any way to Inno’s shareholding in the Company (collectively, “Claims”), which Inno Persons may have or could have against any Group Company Person, including without limitation any Claims relating to the depletion or dimunition in value of the assets or properties of, or the incurrence of any liabilities or obligations by, any Group Company, but excluding any Claims arising out of any acts or omissions of any Group Company which should not have been within the knowledge of any Inno Person after due inquiry as of the Closing. Inno acknowledges and agrees that the consideration received by it for the execution and delivery of this Agreement and the other Agreements was fully negotiated and bargained for and constitutes full and fair consideration for its release as set forth herein.