No Admission of Fault or Liability. This Settlement Agreement is a compromise of disputed claims, and nothing contained in this Settlement Agreement shall be construed to be an admission of fault or liability on the part of any Party hereto, all such fault or liability being expressly denied by each and every Party hereto.
No Admission of Fault or Liability. The parties agree that this Agreement is not intended to, and does not, constitute an admission of liability or fault on the part of either Executive or Vxxxxx.
No Admission of Fault or Liability. The Parties agree that neither the execution of this Settlement Agreement, nor compliance with its terms, shall constitute an admission of any fault or liability on the part of any of the Parties, or any of their Affiliates, officers, partners, directors, employees, agents, members, shareholders, attorneys, advisors and other professionals. None of the Parties to this Settlement Agreement admit fault or liability of any sort and, in fact, all Parties expressly deny fault and liability. In particular, but not by way of limitation, neither this Settlement Agreement, nor the Stand-Alone Notice, nor any draft or final pleadings, motions, affidavits or other papers filed by any Party with the Bankruptcy Court in connection with seeking approval of this Settlement Agreement, seeking to obtain the Approval Order or seeking to have the Approval Order become a Final Order shall be used by any Party against another Party as an admission or evidence of whether any condition to the Potential Investors' obligations to consummate the transactions contemplated by the Stock Purchase Agreement has been or is or was capable of being satisfied. The Parties further acknowledge and agree that neither a filing of the Stand-Alone Notice by XO nor any actions taken by XO in furtherance of the Stand-Alone Plan subsequent to September 16, 2002 shall constitute or give rise to (i) any of the events of termination under Section 6.1 of the Stock Purchase Agreement or any rights, claims or other defenses that would not have existed prior to September 16, 2002 or (ii) any breach of any representation, warranty, covenant, default or event of default under the Stock Purchase Agreement or the Other Stock Purchase Agreements.
No Admission of Fault or Liability. This Release is made to terminate any and all controversies, real or potential, asserted or unasserted, and claims for injuries or damages of any nature whatsoever, real or potential, asserted or unasserted, by the Parties that were brought or could have been brought in the Litigation. Neither the execution nor delivery of this Agreement, nor compliance with its terms, shall constitute an admission of any fault or liability on the part of any of the Parties. None of the Parties admit liability of any sort and, in fact, all Parties expressly deny any liability.
No Admission of Fault or Liability. Each of the Parties acknowledges and agrees that: (a) this Agreement is to compromise disputed Claims; (b) none of GT and the other GT Releasees admits or acknowledges any liability to Maloof, Fxxxxxxxxxx or SM and specifically denies any such liability; and (c) nothing in this Agreement shall be construed as an admission of liability by GT or any of the GT Releasees.
No Admission of Fault or Liability. This Settlement Agreement shall not be used by either Party as evidence of fault or liability as against the counter-Party except to enforce the terms of this Settlement Agreement. The Parties stipulate and agree that the settlement allocation herein shall not be interpreted or construed or used as evidence of the counter-Party’s share or putative share of fault, other than to enforce the terms of this Settlement Agreement.
No Admission of Fault or Liability. While this Agreement resolves all issues between the Electing Reg. S Shareholders, StrongGO, and Nupro relating to the Electing Reg. S Shareholders' investment in and dealings with Nupro and all other claims between the Parties, this Agreement does not constitute an adjudication or finding on the merits and it is not, and shall not be construed as, an admission of liability or fault by Nupro, StrongGO, the Electing Reg. S Shareholders, or their related entities.
No Admission of Fault or Liability. Neither Party admits liability to the other, nor does entering into this Agreement constitute an admission of fault by any Party. Understanding of Agreement Each of the parties understands this Agreement, and the terms and conditions contained herein, and has relied upon its own judgment, belief, knowledge, understanding and expertise after careful consultation with its own legal counsel concerning the legal effect of this Agreement and all of the terms and conditions of this Agreement. Final Integrated Agreement This Agreement, and any documents referred to herein, constitute the entire, final and binding understanding between the parties with respect to the subject matter hereof. No other statement or representation, written or oral, express or implied, has been relied upon in executing this Agreement, and all prior discussions, statements, and negotiations made or that have occurred prior to the date of the Agreement are deemed merged into this Agreement, and will not be used for any purpose whatsoever. Binding Effect This Agreement will bind and inure to the benefit of PCMC, VR, and their respective successors, Affiliates and permitted assigns in interest. Severability If any provision of the Agreement is held void or for any reason unenforceable, the remaining portions of this Agreement will remain in full force and effect. Amendment This Agreement may not be amended, altered, modified or otherwise changed in any respect except by a writing duly executed by the parties, or their authorized representatives. Counterparts This Agreement may be executed in counterparts, each of which may be deemed an original and all of which together will constitute a single instrument.
No Admission of Fault or Liability. REGENXBIO and Abeona agree that their mutual willingness to enter into this Settlement Agreement does not constitute, and shall not be construed as, any admission or acknowledgement of any fault or wrongdoing by either Party. REGENXBIO and Abeona agree that they will not represent to anyone that the other Party’s willingness to enter into this Settlement Agreement constitutes or represents an admission or acknowledgement of fault, breach, or any unlawful conduct or activity.
No Admission of Fault or Liability. Plaintiff understands and agrees that Defendants have agreed to pay the Individual Settlement Amount (only if and after all Conditions for such payment set forth in the Individual Settlement Agreement have been satisfied) solely by way of compromise and resolution. This Release Agreement is not, and shall not be construed as evidence, nor as an admission by Releasees of any liability or wrongdoing whatsoever. This Release shall not constitute, be construed as, be deemed to be, or be offered against any Releasee as evidence of any presumption, concession, or admission by Defendants or other Releasees with respect to the truth of any fact alleged by Plaintiff or any Releasee, the validity of any claim that was or could have been asserted, the deficiency of any defense that has been or could have been asserted in any litigation, the amount of any alleged damages incurred by Plaintiff or attributable to any Defendant, or any liability, negligence, fault, or other wrongdoing of any kind by Defendants or any other Releasees, or be referred to for any other reason as against Defendants or any other Releasees, in any civil, criminal or administrative action or proceeding, other than such proceedings as may be necessary to effectuate or enforce the provisions of this Release Agreement.