Common use of Covenant Not to Litigate Clause in Contracts

Covenant Not to Litigate. In addition to the release contained above, and not in limitation thereof, each Borrower does hereby agree that it will never prosecute, nor voluntarily aid in the prosecution of, any action or proceeding relating to the Released Claims, whether by claim, counterclaim or otherwise.

Appears in 3 contracts

Samples: Forbearance Agreement (Zanett Inc), Forbearance Agreement (Zanett Inc), Amendment and Forebearance Agreement (Staff Builders Inc /De/)

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Covenant Not to Litigate. In addition to the release contained above, and not in limitation thereof, each Borrower does hereby agree agrees that it will never prosecute, nor voluntarily aid in the prosecution of, any action or proceeding relating to the Released Claims, whether by claim, counterclaim or otherwise.

Appears in 2 contracts

Samples: Forbearance Agreement (Access to Money, Inc.), Forbearance Agreement (Access to Money, Inc.)

Covenant Not to Litigate. In addition to the release contained in Subsection 11(a) above, and not in limitation thereof, each Borrower does hereby agree that it will never prosecute, nor voluntarily aid in the prosecution of, any action or proceeding relating to the Released Claims, whether by claim, counterclaim or otherwise.

Appears in 2 contracts

Samples: Loan and Security Agreement (Fuelcell Energy Inc), Loan and Security Agreement (Fuelcell Energy Inc)

Covenant Not to Litigate. In addition to the release contained above, and not in limitation thereof, each Borrower does hereby agree that it will never prosecute, nor voluntarily aid in the prosecution of, any action or proceeding relating to the Released Claims, whether by claim, counterclaim or otherwise.. (c)

Appears in 1 contract

Samples: Forbearance Agreement (Zanett Inc)

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Covenant Not to Litigate. In addition to the release contained above, and not in limitation thereof, each Borrower does hereby agree that it will never prosecute, nor voluntarily aid in the prosecution of, any action or proceeding relating to the Released Claims, whether by claim, counterclaim or otherwise.

Appears in 1 contract

Samples: Loan and Security Agreement (Bluegreen Corp)

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