Common use of DENIAL OF WRONGDOING AND LIABILITY Clause in Contracts

DENIAL OF WRONGDOING AND LIABILITY. Defendant denies each and all of the claims and contentions alleged against them in the CAC. Defendant denies all charges of wrongdoing or liability as alleged, or which could be alleged. Nonetheless, Defendant has concluded that further conduct of litigation would be protracted and expensive, and that it is desirable that this matter be fully and finally settled in the manner and upon the terms and conditions set forth in this Settlement Agreement. Defendant has considered the uncertainty and risks inherent in any litigation and in this matter. Defendant has, therefore, determined that it is desirable and beneficial that the Litigation be settled in the manner and upon the terms and conditions set forth in this Settlement Agreement.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

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DENIAL OF WRONGDOING AND LIABILITY. Defendant denies each and all of the claims and contentions alleged against them it in the CAC. Defendant denies all charges of wrongdoing or liability as alleged, or which could be alleged. Nonetheless, Defendant has concluded that further conduct of litigation would be protracted and expensive, and that it is desirable that this matter be fully and finally settled in the manner and upon the terms and conditions set forth in this Settlement Agreement. Defendant has considered the uncertainty and risks inherent in any litigation and in this matter. Defendant has, therefore, determined that it is desirable and beneficial that the Litigation be settled in the manner and upon the terms and conditions set forth in this Settlement Agreement.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

DENIAL OF WRONGDOING AND LIABILITY. Defendant denies each and all of the claims and contentions alleged against them it in the CACComplaint. Defendant denies all charges of wrongdoing or liability as alleged, or which could be alleged. Nonetheless, Defendant Xxxxxxxxx has concluded that further conduct of litigation the Litigation would be protracted and expensive, and that it is desirable that this matter the Litigation be fully and finally settled in the manner and upon the terms and conditions set forth in this Settlement Agreement. Defendant has also considered the uncertainty and risks inherent in any litigation and in this matterlitigation. Defendant has, therefore, determined that it is desirable and beneficial that the Litigation be settled in the manner and upon the terms and conditions set forth in this Settlement Agreement.

Appears in 1 contract

Samples: Amended Settlement Agreement

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DENIAL OF WRONGDOING AND LIABILITY. Defendant denies each and all of the claims and contentions alleged against them it in the CACComplaints. Defendant denies all charges of wrongdoing or liability as alleged, or which could be alleged. Nonetheless, Defendant has concluded that further conduct of litigation would be protracted and expensive, and that it is desirable that this matter be fully and finally settled in the manner and upon the terms and conditions set forth in this Settlement Agreement. Defendant has considered the uncertainty and risks inherent in any litigation and in this matter. Defendant has, therefore, determined that it is desirable and beneficial that the Litigation be settled in the manner and upon the terms and conditions set forth in this Settlement Agreement.

Appears in 1 contract

Samples: Amended Settlement Agreement

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