Release: Party A hereby releases and discharges Party B from any and all claims, demands, actions, or causes of action, whether known or unknown, arising out of the abovementioned dispute. Consideration: In consideration for this release, Detail Any Compensation or Other Consideration Provided.
Release Clauses: Clearly state that the Releasor releases the Releasee from all present and future claims related to the specified matter. Consideration: Describe any compensation or other forms of consideration provided in exchange for the release.
The clauses you include in your terms of use agreement depend on what type of business you conduct, however, most terms of use policies have some or all of the following clauses: Introduction. Prohibited or acceptable uses. Account Termination and Suspension.
Rule 1.110(303.3) 'Whereas' clause of contract is prefatory, not binding.
Party A and Party B do hereby irrevocably and unconditionally release, cancel, and forever discharge the other Party and its directors, officers, employees, subsidiaries, affiliates, agents, and representatives from any and all claims, complaints, causes of action, demands, damages, obligations, liabilities, losses, ...
A release clause dictates that a club has to sell a player when it receives a bid over a certain amount (potentially with timing restraints and additional club-specific conditions such as relegation or failure to qualify for the League or timing).
Release: Party A hereby releases and discharges Party B from any and all claims, demands, actions, or causes of action, whether known or unknown, arising out of the abovementioned dispute. Consideration: In consideration for this release, Detail Any Compensation or Other Consideration Provided.
The contract might start with a Whereas clause like this: 'Whereas, the parties wish to collaborate in the development of new technology...'. This Whereas clause is setting out the purpose of the contract: to set up a partnership for developing technology.
'Whereas' is often used in legal documents and proclamations it means 'that being the case' or 'in view of the fact'.
“Whereas” clauses should be used to explain why the resolution is necessary, and should also provide some background on the issue that the resolution takes a stand on.