North Carolina Covenant Not to Sue

State:
Multi-State
Control #:
US-01709-AZ
Format:
Word; 
Rich Text
Instant download

Description

This form is a simple model for a convenant not to sue. Party A agrees not to sue Party B for any occurance related to a past event, in return for compensation. Usually used in the context of a settlement agreement. Adapt to fit your circumstances.
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FAQ

Agreeing not to sue This includes not suing for loss caused by the clear negligence of another person. In British Columbia, claims against businesses and activity operators are barred as a result of an agreed upon release.

A covenant not to sue is a legal agreement in which the party seeking damages agrees not to sue. Covenants not to sue are typically used to settle specific patent litigation issues outside the civil court system.

The covenant not to sue shall be for any area of concern remediated and may apply to the entire real property if the remediation included a preliminary assessment and, if necessary, a site investigation of the entire real property, and any other necessary remedial actions.

A covenant not to sue is a legal agreement in which the party seeking damages agrees not to sue the party that it has cause against. Covenants not to sue are used to settle specific legal issues outside of the court system.

Covenant Not to Enforce Judgement The Covenant Not to Enforce Judgment prevents you from attempting to collect against the personal assets of the negligent party.

Covenant Not to Sue and Indemnification: The Releasor knowingly, intentionally, and voluntarily covenants and agrees it will not now or in the future bring any action in law or equity in any court, forum, or arbitration proceeding (whether by original process, counterclaim, cross-claim, third-party process, impleader, ...

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North Carolina Covenant Not to Sue