Released definition
Examples of Released in a sentence
Any disputes regarding the scope or inclusion of a liability in the Released Liabilities shall be resolved in accordance with the dispute resolution provisions of this Agreement.
The Transferee Released Parties are intended third-party beneficiaries of this Section 4 and shall have the right, power and authority to enforce the provisions hereof as though they were parties hereto.
The provisions of this Section 8.12 are intended to be for the benefit of, and enforceable by the Released Related Parties of the parties hereto and each such Person shall be a third party beneficiary of this Section 8.12.
To the Seller's knowledge, there are no material liabilities or obligations of the Company, whether accrued, contingent, or otherwise, other than the Released Liabilities as set forth in Exhibit C.
The forgiveness of these Released Liabilities is a material inducement for Buyer to enter into this Agreement, and Seller acknowledges that Buyer is relying on this release in agreeing to purchase the Company.