No Admission of Liability or Wrongdoing. The Parties enter into this Agreement to resolve the disputes that have arisen between them and to avoid the burden, expense and risk of continued litigation. In entering into this Agreement, Xxxxxx does not admit, and specifically denies that: it has violated any federal, state, or local law; violated any regulations or guidelines promulgated pursuant to any statute or any other applicable laws, regulations or legal requirements; breached any contract; violated or breached any duty; engaged in any misrepresentation or deception; or engaged in any other unlawful conduct with respect to its employees or operations. Neither this Agreement, nor any of its terms or provisions, nor any of the negotiations connected with it, shall be construed as an admission or concession by Xxxxxx of any such violation(s) or failure(s) to comply with any applicable law. Except as necessary in a proceeding to enforce the terms of this Agreement, this Agreement and its terms and provisions shall not be offered or received as evidence in any action or proceeding to establish any liability or admission on the part of Xxxxxx or to establish the existence of any condition constituting a violation of, or noncompliance with, federal, state, local or other applicable law. The Parties intend this Settlement to be contingent upon the preliminary and final approval of this Agreement; and the Parties do not waive, and instead expressly reserve, their respective rights to prosecute and defend this Action as if this Agreement never existed in the event that the Settlement is not fully and finally approved as set forth herein.
Appears in 2 contracts
Samples: Settlement Agreement, Settlement Agreement
No Admission of Liability or Wrongdoing. The Parties enter into this Agreement to resolve the disputes that have arisen between them and to avoid the burden, expense and risk of continued litigation. In entering into this Agreement, Xxxxxx does not admit, and specifically denies that: it has violated any federal, state, or local law; violated any regulations or guidelines promulgated pursuant to any statute or any other applicable laws, regulations or legal requirements; breached any contract; violated or breached any duty; engaged in any misrepresentation or deception; or engaged in any other unlawful conduct with respect to its employees or operations. Neither this Agreement, nor any of its terms or provisions, nor any of the negotiations connected with it, shall be construed as an admission or concession by Xxxxxx of any such violation(s) or failure(s) to comply with any applicable law. Except as necessary in a proceeding to enforce the terms of this Agreement, this Agreement and its terms and provisions shall not be offered or received as evidence in any action or proceeding to establish any liability or admission on the part of Xxxxxx or to establish the existence of any condition constituting a violation of, or noncompliance with, federal, state, local or other applicable law. The Parties intend this Settlement to be contingent upon the preliminary and final approval of this Agreement; and the Parties do not waive, and instead expressly reserve, their respective rights to prosecute and defend this Action as if this Agreement never existed in the event that the Settlement is not fully and finally approved as set forth hereinherein.47.
Appears in 1 contract
Samples: Settlement Agreement
No Admission of Liability or Wrongdoing. The Parties enter into this Agreement to resolve the disputes that have arisen between them and to avoid the burden, expense and risk of continued litigation. In entering into this Agreement, Xxxxxx Xxxxx does not admit, and specifically denies that: it has violated any federal, state, or local law; violated any regulations or guidelines promulgated pursuant to any statute or any other applicable laws, regulations or legal requirements; breached any contract; violated or breached any duty; engaged in any misrepresentation or deception; or engaged in any other unlawful conduct with respect to its employees or operations. Neither this Agreement, nor any of its terms or provisions, nor any of the negotiations connected with it, shall be construed as an admission or concession by Xxxxxx Xxxxx of any such violation(s) or failure(s) to comply with any applicable law. Except as necessary in a proceeding to enforce the terms of this Agreement, this Agreement and its terms and provisions shall not be offered or received as evidence in any action or proceeding to establish any liability or admission on the part of Xxxxxx Xxxxx or to establish the existence of any condition constituting a violation of, or noncompliance with, federal, state, local or other applicable law. The Parties intend this Settlement to be contingent upon the preliminary and final approval of this Agreement; and the Parties do not waive, and instead expressly reserve, their respective rights to prosecute and defend this Action as if this Agreement never existed in the event that the Settlement is not fully and finally approved as set forth herein.
Appears in 1 contract
Samples: Settlement Agreement