Waiver of Section 1542. In signing this Agreement, the Xxxxx has been advised of, understand and knowingly waive his rights under California Civil Code Section 1542 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.
Appears in 2 contracts
Samples: Settlement Agreement and Release (Quest Oil Corp), Settlement Agreement and Release (Quest Oil Corp)
Waiver of Section 1542. In signing this Agreement, the Xxxxx has been advised of, understand understands and knowingly waive waives his rights under California Civil Code Section 1542 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.
Appears in 1 contract
Samples: Settlement Agreement (Tactical Air Defense Services, Inc.)
Waiver of Section 1542. In signing this Agreement, the Xxxxx Xxxxxxx has been advised of, understand understands and knowingly waive his waives its rights under California Civil Code Section 1542 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.
Appears in 1 contract
Samples: Settlement Agreement (Coconnect Inc)
