Common use of Waiver of California Civil Code Section 1542 Clause in Contracts

Waiver of California Civil Code Section 1542. Each of Releasing Parties hereby irrevocably waives the benefits of California Civil Code Section 1542 which provides: "A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which known by him must have materially affected his settlement with the debtor."

Waiver of California Civil Code Section 1542. Each The Parties specifically waive application of Releasing Parties hereby irrevocably waives California Civil Code Section 1542 and certify that they have read the benefits following provision of California Civil Code Section 1542 which providesprovides that: "“A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor."”

Waiver of California Civil Code Section 1542. Each of Releasing Parties hereby irrevocably With respect to the releases set forth in paragraph 3 above, each party expressly waives any rights or benefits available to it under the benefits provisions of California Civil Code Section 1542 1542, which provides: "A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor."

Waiver of California Civil Code Section 1542. 16.1 Each of Releasing the Parties hereby irrevocably waives acknowledges that it has been informed of the benefits provisions of California Civil Code Section 1542 1542, which provides: "“A general release does not extend to those claims which the creditor does not know or suspect expect to exist in his or her favor at the time of executing the releaserelease which, which if known by him or her, must have materially affected his or her settlement with the debtor."”