Compromise Settlement. The Parties understand and agree that this Agreement is a compromise settlement of disputed claims, and that the promises in consideration of this Agreement shall not be construed as an admission of any liability or obligation whatsoever by any Party.
Compromise Settlement. Neither the Company nor any of its Subsidiaries shall settle or compromise any pending or threatened claims or arbitrations, other than settlements that involve solely the payment of money (without admission of liability) that would not result in an uninsured payment by or liability of the Company in excess of $100,000 in the aggregate above the reserves established therefor on the books of the Company as of the date hereof.
Compromise Settlement. Com- promise settlements must be approved by the lender and the Agency. Com- plete current financial information on all parties obligated for the loan must be provided. At a minimum, the com- promise settlement must be equivalent to the value and timeliness of that which would be received from attempt- ing to collect on the guarantee. The guarantor cannot be released from li- ability until the full amount of the compromise settlement has been re- ceived. In weighing whether the com- promise settlement should be accepted, among other things, the Agency will weigh whether the comparison is more financially advantageous than col- lecting on the guarantee.
Compromise Settlement. The Parties specifically acknowledge, agree, and admit that this Settlement Agreement and its Exhibits, along with all related drafts, motions, pleadings, conversations, negotiations, correspondence, orders, or other documents shall be considered a compromise within the meaning of Illinois Rules of Evidence 408, and any other equivalent similar rule of evidence, and shall not
(1) constitute, be construed, be offered, or received into evidence for any purpose, including without limitation as an admission of the validity of any claim or defense, or the truth of any fact alleged or other allegation in this Litigation or in any other pending or subsequently filed action, or of any wrongdoing, fault, violation of law, or liability of any kind on the part of any Party, or
(2) be used to establish a waiver of any defense or right, or to establish or contest jurisdiction or venue.
Compromise Settlement. Atlantis shall not, and shall cause its Subsidiaries not to, settle or compromise any pending or threatened claims or arbitrations, other than settlements which involve solely the payment of money (without admission of liability) that would not result in an uninsured payment by or liability of Atlantis in excess of $25,000 in the aggregate above the reserves established therefor on the books of Atlantis as of the date hereof.
Compromise Settlement. It is understood and agreed that this is a compromise settlement of disputed claims and that the promises and other consideration for this Agreement shall not be construed to be an admission of any liability or obligation whatsoever by either party to the other party or to any other person whomsoever.
Compromise Settlement. Neither Aquarion nor any of its Subsidiaries shall settle or compromise any pending or threatened claims or arbitrations (other than any Claims or arbitrations relating to matters set forth in the Aquarion SEC Reports), other than settlements which involve solely the payment of money (without admission of liability) that would not result in an uninsured payment by or liability of Aquarion in excess of $300,000 in the aggregate above the reserves established therefor on the books of Aquarion as of the date hereof.
Compromise Settlement. Neither SJW nor any of its Subsidiaries shall settle or compromise any pending or threatened claims or arbitrations (other than any Claims or arbitrations relating to matters set forth in the SJW SEC Reports), other than settlements which involve solely the payment of money (without admission of liability) that
Compromise Settlement. Other than in the normal course of ---------------------- business, neither the Company nor any of its Subsidiaries shall settle or compromise any pending or threatened Claims or arbitrations (other than any Claims or arbitrations relating to matters set forth in the Company SEC Reports), other than settlements which involve solely the payment of money (without admission of liability) that would not result in an uninsured payment by or liability of the Company in excess of $100,000 in the aggregate above the reserves established specifically therefor on the books of the Company as of the date hereof.
Compromise Settlement. SRA shall not compromise, settle, negotiate, 47 nor otherwise affect any disposition of potential claims asserted against it without the School 1 District’s prior written approval. 2
