Examples of Releasor in a sentence
Releasor further understands and agrees that upon transfer of ownership to Releasor, the canine shall not be used in any working capacity including but not limited to work in law enforcement.
If any Releasor or any of their respective successors, assigns or other legal representatives violates the foregoing covenant, each Releasor, for itself and its successors, assigns and legal representatives, agrees to pay, in addition to such other damages as any Secured Party or any Secured Party Affiliate may sustain as a result of such violation, all reasonable and documented attorneys’ fees and costs incurred by any Secured Party or any Secured Party Affiliate as a result of such violation.
Upon transfer of legal ownership of said canine, the Releasor shall be solely responsible for the safe keeping of said canine and shall be responsible for purchasing and maintaining any liability insurance the Releasor deems necessary for the keeping of said canine.
Each of the Releasors hereby unconditionally and irrevocably agrees that it will not sue any Secured Party or any Secured Party Affiliate on the basis of any Claim released, remised and discharged by such Releasor pursuant to this paragraph.
Such Releasor hereby irrevocably covenants to refrain from, directly or indirectly, asserting any claim, or commencing, instituting, or causing to be commenced or instituted, any action of any kind against any Buyer Releasees, of any Released Claim against any of the Buyer Releasees that is released pursuant to this Section.