Common use of Voluntary Release Clause in Contracts

Voluntary Release. Each Party has carefully read this Agreement, and signs it freely and voluntarily upon the advice of its own attorneys. Each such Party affirms that the only consideration for its execution of this Agreement are the terms stated in the body of this Agreement; that no other promise or agreement of any kind has been made to it, or with it, by any Person to cause them to execute this Agreement; that it is competent to execute this Agreement; that its agreement to execute this Agreement has not been obtained by any duress or undue influence; and that it fully understands and voluntarily executes this Agreement knowing it constitutes the release of claims provided in Section 2.1 and Section 2.2 of the Agreement.

Appears in 1 contract

Sources: Settlement Agreement

Voluntary Release. Each Party has carefully read this Agreement, and signs it freely and voluntarily upon the advice of its own attorneys. Each such Party affirms that the only consideration for its execution of this Agreement are the terms stated in the body of this Agreement; that no other promise or agreement of any kind has been made to it, or with it, by any Person to cause them to execute this Agreement; that it is competent to execute this Agreement; that its agreement to execute this Agreement has not been obtained by any duress or undue influence; and that it fully understands and voluntarily executes this Agreement knowing it constitutes the a complete release of claims as provided in Section 2.1 this Article 3.1 and Section 2.2 of the AgreementArticle 3.2.

Appears in 1 contract

Sources: Settlement Agreement