Common use of Waiver of Civil Code Section 1542 Clause in Contracts

Waiver of Civil Code Section 1542. Both parties hereby waive all rights under section 1542 of the Civil Code of the State of California, which provides as follows: A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor. In addition, the parties each hereby knowingly and voluntarily waive any protection that may exist under any comparable or similar statutes and principles of common law of any and all states of the United States or of the United States.

Waiver of Civil Code Section 1542. Both parties hereby waive all Each of the Parties expressly waives and relinquishes each of the rights and benefits which it might otherwise have or claims to have under section the provisions of Section 1542 of the California Civil Code of the State of CaliforniaCode, which provides as followsprovides: A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor. In addition, the parties each hereby knowingly and voluntarily waive any protection that may exist under any comparable or similar statutes and principles of common law of any and all states of the United States or of the United StatesDebtor.

Waiver of Civil Code Section 1542. Both parties hereby waive all rights under section 1542 Each of the Parties hereto knowingly and expressly waive the provisions of California Civil Code of the State of California, which provides as followsSection 1542 pertaining to General Releases. California Civil Code Section 1542 provides: "A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor. In addition, the parties each hereby knowingly and voluntarily waive any protection that may exist under any comparable or similar statutes and principles of common law of any and all states of the United States or of the United States."

Waiver of Civil Code Section 1542. Both parties hereby With regard to matters being released herein, the Parties expressly waive all rights under section the provisions of Section 1542 of the California Civil Code of the State of CaliforniaCode, which and any other similar statute, rule or case law. Section 1542 provides as follows: A general release does not extend to claims which the creditor does not know or suspect expect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor. In addition, the parties each hereby knowingly and voluntarily waive any protection that may exist under any comparable or similar statutes and principles of common law of any and all states of the United States or of the United States.