Releasor definition

Releasor means any Person granting a release of any Settled Claim.
Releasor has the meaning set forth in Section 6.5.
Releasor shall have the meaning set forth in Section 2.13.

Examples of Releasor in a sentence

  • Each Note Obligor represents and warrants that it has no knowledge of any claim by any Releasor against any Released Party or of any facts or acts or omissions of any Released Party which on the date hereof would be the basis of a claim by any Releasor against any Released Party which would not be released hereby.

  • It is agreed and understood that if any Releasor commences or continues any Legal Proceedings, and Canada is added to the Legal Proceedings in any manner whatsoever, whether justified in law or not, Canada may, at Canada’s sole discretion, require the initiating Releasor to immediately discontinue the Legal Proceedings.

  • If Canada exercises this discretion, the initiating Releasor will be liable, on a full indemnity scale, to Canada for all legal costs incurred.

  • Effective upon the Closing, each Releasor, on behalf of itself and its affiliates, successors, and assigns, hereby covenants not to directly or indirectly assert any rights against the Released Parties, other than those rights resulting from gross negligence or willful misconduct of any Released Party, based upon any of the Released Matters.


More Definitions of Releasor

Releasor means each and every one of, and “Releasors” means all of,
Releasor has the meaning set forth in Section 8.8.
Releasor means the undersigned on behalf of the undersigned and his or her heirs, administrators, executors, Personal Representatives and successors.
Releasor means any Person that provides a release to any of the Releasees pursuant to the terms of this Agreement.
Releasor refers to [fill in name] and any of its affiliates, subsidiaries, associates, general or limited partners or partnerships, predecessors, successors, or assigns, including, without limitation, any of their respective present or former officers, directors, trustees, employees, agents, attorneys, representatives and shareholders, affiliates, associates, general or limited partners or partnerships, heirs, executors, administrators, predecessors, successors, assigns or insurers acting on behalf of RELEASOR.
Releasor shall have the meaning set forth in Section 6.10(a).
Releasor means each party named in Section 1 as generally, irrevocably, unconditionally and completely releasing and forever discharging one or more Releasees.