OWNER’S RELEASE Clause Samples

OWNER’S RELEASE. To the fullest extent permitted by law, Owner here by assumes the risk occasioned by use of this license and the condition and the use of the marine Unlimited facilities, amenities services and property. Owner here by knowingly releases and shall defend, indemnify and hold harmless Marine Unlimited and its officers, employees, agents, successors and assigns (‘indemnities”) from and against any and all cost, expenses and liability, (including but not limited to judgments, awards, attorney’s fees and verdicts) arising out of demand, claims, damage or injury, (including death) to the person or property of Owner, Owner's children, other family members, guests, invitees, agents and their personal representative(s), assign(s), heirs and next of kin, whether caused by the negligence or through the acts or omissions of the indemnities or by any other cause whatsoever except indemnities sole negligence or intentional injury

OWNER’S RELEASE. Owner, on behalf of himself/herself and his/her administrators, executors, guests, tenants, licensees, invitees, children, co-owners, successors and assigns, does hereby release and forever discharge the CBA, and their respective agents, officers, directors, managers, members, representatives, successors and assigns from any and all past, present or future damages, controversies, losses, claims, liabilities, actions, judgments, liens, demands and causes of action of whatever kind or character whatsoever which Owner might now have or claim to have against the CBA, whether presently known or unknown, and of every nature and extent whatsoever on account of or in any way concerning, in any manner whatsoever arising out of or founded on Beach Access, including, without implied limitation, a release of all claims for injunctive relief, specific performance, declaratory judgment, compensatory damages, punitive damages or equitable relief of any nature, based upon any theory of recovery which Owner has or which may hereafter accrue.

OWNER’S RELEASE. The Owners shall have delivered to Home an instrument dated the Closing Date which shall be effective only upon the occurrence of the Funding and Consummation Date releasing the Company from (i) any and all claims of the Owners against the Company and Home and (ii) obligations of the Company and Home to the Owners, except for (x) items specifically identified on Schedules 5.10 and 5.15 as being claims of or obligations to the Owners, (y) continuing obligations to Owners relating to their employment by the Company and (z) obligations arising under this Agreement or the transactions contemplated hereby. In the event that the Funding and Consummation Date does not occur, then the release instrument referenced herein shall be void and of no further force or effect.

OWNER’S RELEASE. Owner, on behalf of itself and the Owner Parties, does each hereby fully and forever release, remise, and forever discharge Builder and the Builder Parties of and from any and all actions, claims, causes of action, suits, debts, liabilities, dues, accounts, demands, obligations, costs, expenses, losses, damages, and indemnities of every kind or nature whatsoever, whether known or unknown, suspected or unsuspected, contingent or fixed, direct or indirect, which Owner or any of the Owner Parties has as of the date hereof, whether based on contract, tort, statutory, or other legal or equitable theory of recovery in connection with or arising out of the VCA and the Disputes.

OWNER’S RELEASE. The Company acknowledges that it will use, occupy and enter the Owner’s Land at its own risk in all respects and releases the Owner and its employees, agents, and contractors from all costs, claims, actions, proceedings, demands, expenses, judgments, damages or losses of any kind whatsoever resulting from any accident, damage, loss, death or injury to person or property occurring within the Owner’s Land whether or not caused or contributed to by act or default of the Owner (excepting only any grossly negligent or wilful act or default of the Owner).

OWNER’S RELEASE. Owner, on behalf of himself/herself and his/her administrators, executors, guests, tenants, licensees, invitees, children, successors and assigns, does hereby release and forever discharge the CBA, and their respective agents, officers, directors, managers, members, representatives, successors and assigns from any and all past, present or future damages, controversies, losses, claims, liabilities, actions, judgments, liens, demands and causes of action of whatever kind or character whatsoever which Owner might now have or claim to have against the CBA, whether presently known or unknown, and of every nature and extent whatsoever on account of or in any way concerning, in any manner whatsoever arising out of or founded on Beach Access, including, without implied limitation, a release of all claims for injunctive relief, specific performance, declaratory judgment, compensatory damages, punitive damages or equitable relief of any nature, based upon any theory of recovery which Owner has or which may hereafter accrue.

OWNER’S RELEASE. Each Seller and Owner, on its own behalf, and on behalf of each of its affiliates irrevocably, unconditionally, voluntarily, knowingly, fully, finally and completely forever releases and discharges each of Buyer, its affiliates (including i3V) and the Companies and their respective successors, assigns and predecessors and each of their respective directors, managers, officers, employees, shareholders, and members (the “Released Parties”) from, against and with respect to any and all actions, accounts, agreements, bonds, causes of action, complaints, charges, claims, contracts, controversies, costs, covenants, damages, demands, debts, defenses, duties, expenses, executions, fees, injuries, interest, judgments, liabilities, losses, obligations, penalties, promises, reimbursements, remedies, suits, sums of money, torts, and undertakings of whatever kind or character, whether in law, equity or otherwise, or direct or indirect (including Damages), that such Seller or Owner now has, or may hereafter have or acquire, against any of the Released Parties (collectively, the “Released Claims”); provided, however, that nothing contained herein will operate to release any obligations of any of the Released Parties or any rights of any Seller or Owner arising under this Agreement or under any Transaction Document. Each Seller and Owner, on behalf of itself and its affiliates, irrevocably agrees to refrain from directly or indirectly asserting any claim or demand or commencing (or causing to be commenced) any Proceeding of any kind, in any court or before any tribunal, against any Released Party based upon any Released Claim.

OWNER’S RELEASE. In consideration of the ----------- ---------------- consideration payable pursuant to paragraph 20 of this letter agreement, the Owner, and each of its affiliates, officers, directors, employees (including Messrs. ▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇), executors, representatives, agents, successors and assigns (collectively, the "Owner Group") covenants not to ▇▇▇ or pursue any litigation against, and waives, releases and discharges Licensee and each of its affiliates, officers, directors, employees (including ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇), executors, agents, successors and assigns, any parent entity, present or future, (collectively, the "Licensee Group"), from any and all charges or causes of action it may have against any of them, including but not limited to any claims, demands, rights, judgments, defenses, actions or causes of action whatsoever, of any and every kind and description, whether known or unknown, incurred or not incurred, that the Owner Group have, ever had, now have, or shall or may hereafter assert with respect to any fact or event existing on August 11, 1997 or occurring before such date (collectively, "Claims") for or on the account of any liability, damage, loss, costs and expense of whatever kind connected with, arising out of or in any way related to the terms of this letter agreement and the negotiation of the terms hereof, including any Claims made or that would have been made in the letter dated July 18, 1997 from ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ to Licensee; provided, however, that nothing in this subparagraph 22 shall release the Licensee Group from any obligation arising under the terms of the Prior Master Agreement.