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

Waiver of Civil Code Section 1542. Each of the Parties hereto knowingly and expressly waive the provisions of California Civil Code Section 1542 pertaining to General Releases. California Civil Code Section 1542 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."

Appears in 1 contract

Samples: Separation Agreement (Xsunx Inc)

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Waiver of Civil Code Section 1542. Each of I acknowledge that the Parties hereto knowingly above Waiver and expressly General Release includes Claims and Costs which I do not know or suspect to exist, and I waive the provisions of all rights which may exist under California Civil Code Section 1542 pertaining to General Releases. California Civil Code Section 1542 provideswhich provides as follows: "A general release does not extend to claims which the creditor does not know or suspect to exist in his or her favor at the time of executing the release, which if known by him or her must have materially affected his or her settlement with the debtor."

Appears in 1 contract

Samples: Whispering Winds Waiver and General Release

Waiver of Civil Code Section 1542. Each of the Parties hereto knowingly expressly waives and expressly waive relinquishes each of the rights and benefits which it might otherwise have or claims to have under the provisions of Section 1542 of the California Civil Code Section 1542 pertaining to General Releases. California Civil Code Section 1542 Code, 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 debtorDebtor."

Appears in 1 contract

Samples: Settlement Agreement (Interscience Computer Corp /Ca/)

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Waiver of Civil Code Section 1542. Each of With regard to matters being released herein, the Parties hereto knowingly and expressly waive the provisions of Section 1542 of the California Civil Code Code, and any other similar statute, rule or case law. Section 1542 pertaining to General Releases. California Civil Code Section 1542 providesprovides as follows: "A general release does not extend to claims which the creditor does not know or suspect expect 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."

Appears in 1 contract

Samples: oag.ca.gov

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