Document ID: 16044

Text:
3.2 The waiver and release set forth in paragraph 3.1 applies to claims of which either party does not currently have knowledge and each party specifically waives the benefit of the provisions of Section 1542 of the Civil Code of the State of California which reads 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.

Named Entities:
37
38
Regulation
45
47
Court

Tokenized Text:
3
.
2
The
waiver
and
release
set
forth
in
paragraph
3
.
1
applies
to
claims
of
which
either
party
does
not
currently
have
knowledge
and
each
party
specifically
waives
the
benefit
of
the
provisions
of
Section
1542
of
the
Civil
Code
of
the
State
of
California
which
reads
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
.