Common use of No Admission of Fault Clause in Contracts

No Admission of Fault. Neither the execution of this Agreement nor compliance with its terms, nor the consideration provided for herein, shall constitute or be construed as an admission of any fault, wrongdoing or liability whatsoever on the part of any of the Parties, or any of their agents, attorneys, representatives, or employees, but is in full settlement of disputed issues, and all such liability is expressly denied.

Appears in 3 contracts

Samples: Settlement Agreement (American Power Corp.), Compromise Settlement Agreement and Mutual Release (Financial Industries Corp), Compromise Settlement Agreement and Mutual Release (Financial Industries Corp)

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No Admission of Fault. Neither This Agreement is entered into by the execution Parties for the purpose of this Agreement nor compliance with its termscompromising and settling any and all potential disputes. It does not constitute, nor the consideration provided for herein, shall constitute or it be construed as as, an admission of fault and/or liability by any fault, wrongdoing or liability whatsoever on the part of party for any of the Parties, or any of their agents, attorneys, representatives, or employees, but is in full settlement of disputed issues, and all such liability is expressly deniedpurpose.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

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No Admission of Fault. Neither the execution of this Agreement nor compliance with its terms, nor the consideration provided for herein, terms shall constitute or be construed as an admission of any fault, wrongdoing fault or liability whatsoever on the part of any of the Parties, or any of their agentsRelated Parties, attorneys, representatives, or employees, but is in full settlement of disputed issues, and all such liability is being expressly denied.

Appears in 1 contract

Samples: Settlement Agreement and Complete and Permanent Release (Aaf McQuay Inc)

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