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Unknown Claims
Unknown Claims contract clause examples

Unknown or Undiscovered Claims. The parties acknowledge that: # they may subsequently discover facts in addition to, or different from, those that they now know or believe to be true with respect to the Released Claims; and # they may have sustained or may yet sustain damages, costs, or expenses that are presently unknown and that relate to those claims. The parties acknowledge, however, that they have negotiated, agreed upon, and entered into this Agreement with full knowledge of these possibilities and agree that, notwithstanding the provisions of California Civil Code Section 1542, or by any law of any state or territory of the United States or other jurisdiction, or principle of common law, which is similar, comparable or equivalent to Section 1542 of the California Civil Code (“Comparable Laws”), this Agreement shall not be affected in any manner whatsoever if any of these possibilities comes to pass, and it is intended to release all claims, including those that are unknown or unsuspected. In entering into this Agreement, each party expressly waives any rights or benefits under Section 1542 of the California Civil Code or Comparable Laws with respect to the Released Claims, which provides as follows:

DEBT EXCHANGE AGREEMENT
Source: SEC EDGAR database • Date: October 13, 2017 • SIC: 3669 • CIK: 3669

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