Common use of Release of Pre-Closing Claims Clause in Contracts

Release of Pre-Closing Claims. (a) Except as provided in Section 6.01(c), effective as of the Distribution Date, Embarq does, for itself and each other wholly owned member of the Embarq Group, their respective successors and assigns (in each case, in their respective capacities as such), remise, release and forever discharge each of Sprint, the wholly owned members of the Sprint Group, their successors and assigns (in each case, in their respective capacities as such), and their respective heirs, executors, administrators, successors and assigns, from any and all Liabilities whatsoever, whether at law or in equity (including any right of contribution), whether arising under any contract or agreement, by operation of law or otherwise, existing or arising from any acts or events occurring or failing to occur or alleged to have occurred or to have failed to occur or any conditions existing or alleged to have existed by the Distribution Date, including in connection with the transactions and all other activities to implement the Separation and the Distribution.

Release of Pre-Closing Claims. (a) Except as provided in Section 6.01(c), effective as of the Distribution Date, Embarq Wireline does, for itself and each other wholly owned member of the Embarq Wireline Group, their respective successors and assigns (in each case, in their respective capacities as such), remise, release and forever discharge each of SprintNTELOS, the wholly owned members of the Sprint NTELOS Group, their successors and assigns (in each case, in their respective capacities as such), and their respective heirs, executors, administrators, successors and assigns, from any and all Liabilities whatsoever, whether at law or in equity (including any right of contribution), whether arising under any contract or agreement, by operation of law or otherwise, existing or arising from any acts or events occurring or failing to occur or alleged to have occurred or to have failed to occur or any conditions existing or alleged to have existed by the Distribution Date, including in connection with the transactions and all other activities to implement the Internal Transactions, the Separation and the Distribution.