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CLEAR MEDIA 1-2005
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CLEAR MEDIA 1-2005
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Last modified
1/3/2012 3:10:11 PM
Creation date
9/6/2005 11:32:57 AM
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Contracts
Company Name
Clear Channel Media
Contract #
A-2005-090
Agency
Public Works
Council Approval Date
5/2/2005
Expiration Date
6/2/2005
Destruction Year
2010
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<br />5. Release <br /> <br />(a) Tenant for itself, its agents, assigns and related entities, fully releases, <br />acquits and discharges City, and the officers, directors, employees, <br />attorneys, accountants, other professionals, insurers and agents of City <br />(collectively "Agents") and all entities related to City, from all rights, <br />claims, demands, actions or causes of action which Tenant now has or may <br />have against City arising from the acquisition of the Property, the Lease, or <br />otherwise, including, but not limited to, any claim to relocation assistance, <br />relocation benefits or compensation for property for property or goodwill <br />from the City. <br /> <br />(b) This release is intended as a full and complete release and discharge of <br />any and all such claims that Tenant mayor might have against City and its <br />related entities arising from the facts and circumstances described above in <br />this Agreement. In making this release, Tenant intends to release City, its <br />related entities and agents from any liability of any nature whatsoever for <br />any claim or injury or for damages or equitable or declaratory relief of any <br />kind, whether the claim, or any facts on which such claim might be based, <br />is known or unknown to the party possessing the claim. Tenant expressly <br />waives all rights under Section 1542 of the Civil Code of the State of <br />California, which Tenant understands provides as follows: <br /> <br />A general release does not extend to claims which the creditor does <br />not know or suspect to exist in his favor at the time of executing the <br />release, which if known by him must have materially affected his <br />settlement with the debtor. <br /> <br />(c) Tenant acknowledges that it may hereafter discover facts or law <br />different from or in additional to those which it now believes to be true <br />with respect to the release of claims. Tenant agrees that the foregoing <br />release shall be and remain effective in all respects notwithstanding such <br />different or additional facts or law or any part's discovery thereof. Tenant <br />shall not be entitled to any relief in connection therewith, including, but not <br />limited to any damages or any right or claim to set aside or rescind this <br />Agreement. <br /> <br />(d) No party nor any Agents nor any related entities have made any <br />statement or representation to any other party regarding any fact relied <br />upon in entering into this Agreement, and each party expressly states it <br />does not rely upon any statement, representation or promise of any other <br />party or any party's Agent or related entities in executing this Agreement, <br />except as is expressly stated in this Agreement. Each party to this <br />Agreement has made such investigation of the facts and law pertaining to <br /> <br />3 <br />
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