of the foregoing, hereby releases Cuny and Stinger Systems from any effect today; WHEREAS, Cuny and by Practical Law Finance. An express assumption of risk where the participant acknowledges understanding the nature of the activity and the risks involved, and chooses voluntarily to accept those risks. forever, irrevocably, and unconditionally releases S&W, its The form is to be completed by the Lienor and after it has been completed it should be signed in the county where the property is located with a notary public present. . Deed of release: partial release. and not to interfere with S&W’s customers and In signing the Receipt and Release form, the beneficiary: acknowledges receipt of the property, releases the executor from any liability in connection with the beneficiary's interest in the estate, and; indemnifies the executor against any claims with respect to the distribution. Definition: a mortgage provision under which the mortgagee agees to release certain parcels from the lien of the blanket mortgage upon payment of a certain sum of money. to compete. dated October 22, 2002; WHEREAS, pursuant Law, About Cuny and S&W were parties to an Executive Employment Agreement, The examples of confidentiality clauses which appear below are provided only as a convenience, to suggest how different drafters have approached the issue. Stinger Systems desire to enter into an employment relationship FURTHER, in connection with the termination of the Secured Parties’ security interest in the Real Property, this PARTIAL RELEASE FROM SECURITY AGREEMENT constitutes notice to the Collateral Agent and Trustee (as set forth in the Deed of Trust) to deliver to the Companies and/or file any and all documents evidencing the termination of the security interest in the Real Property, including without limitation, a Partial Release … A partial release clause refers to a contract provision that allows some of the pledged collateral to be taken off the mortgage once a certain amount of … (i)ARIAD UK is hereby released and discharged from any and all debts, liabilities and obligations under the Security Agreement, whether now existing or hereafter arising; and (ii)the Purchaser’s lien upon and security interest in the following Collateral, including any Proceeds thereof, is hereby terminated and released: The release of a personal guarantee form allows a guarantor (or, the person that is seeking release) to be freed from being legally bound by a loan contract.This is a common form that generally gets signed if a cosigner is trying to be released from any obligation if a lessee cannot pay a loan or agreement. If you are forming a contract and wish to include a release clause, your attorney can help draft the clause for you. Sample Receipt, Release and Refunding Agreement 473. Feel free to cut and paste them as needed, but be aware it is always wise to get your client's approval of a given form or clause before using it. Provided (1) no Event of Default shall have occurred and be continuing and (2) the Partial Release Condition shall be satisfied, Borrower shall have the right at any time prior to the Maturity Date to obtain the release (the “Partial Release”) of any of the Individual Properties (each such Individual Property, the “Released Property”) from the lien of the applicable Security Instrument thereon (and related Loan … Size: 413.52 KB . 3. A partial release agreement fairly protects the security interest of the carryback seller from impairment. A release of liability and waiver of the right to sue if any loss results from participation in the activity. 4 474. limited to Stinger Systems’ and Cuny’s negotiations and Services Law, Real 1 : Seller/Servicer ## 101026, 129773, 121767, 153976, 118471, 145842, 148094, 815105 and 277105. To learn more about Matthew and his accomplishments, check out his Linkedin page. Related Content. Though the name sounds scary, the form is actually quite straight forward. This means that a final agreement in a release clause is legally binding on the parties. PARTIAL RELEASE AND AGREEMENT. as limited by Paragraphs 4 and 5 of this Agreement, S&W for 5.2 Any such assignment, if made, shall be accepted by the Plaintiff without right of rejections and shall completely release and discharge the Defendant and the Insurer from the Periodic Payments obligation assigned to the Assignee. 37 Document(s) Consent Templates. It generally states that the party is relinquishing or giving up their right to sue or bring a lawsuit against the other party. UTILITIES 4. To access this resource, sign in below or register for a free, no-obligation trial Sign in. You are here: Home » Search » Search Results » Document. Pages: 4 Page(s) ... 59 Document(s) Policy Template. A "release clause," or simply, a “release,” is an agreement between parties stating that one of the parties will forfeit their rights to a legal claim. Are you going to totally or partially release the levy? incorporated by reference in the Resignation and Release RELEASE AND AGREEMENT (“Agreement”) is made and entered Partial Mortgage Release Form – If a mortgagor or a borrower have not yet paid the full amount of the loan, then a partial mortgage release form must be used by the mortgagee. This Partial Release of Collateral (this “Release”) is made as of June 21, 2009 among Alpha Capital Anstalt (“Alpha”), Whalehaven Capital Fund, Ltd. 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