No Admissions or Precedent Sample Clauses

No Admissions or Precedent. This Settlement Agreement is submitted pursuant to Rule 602, and is inadmissible as evidence in any proceeding, and of no effect unless it is approved and made effective as to all of its terms and conditions without modification. Further, the making of this Settlement Agreement and its acceptance or approval by the Commission shall not in any respect constitute an admission by any Settling Party, or a determination by the Commission, that any allegation or contention in these proceedings, or concerning any of the foregoing matters, is true or valid. In consideration of all elements of this negotiated settlement, no element of this Settlement Agreement constitutes precedent or should be deemed to be a “settled practice” as that term was interpreted and applied in Public Service Commission of New York v. FERC, 642 F.2d 1335 (D.C. Cir. 1980). It is further understood and agreed that this Settlement Agreement constitutes a negotiated agreement and, except as explicitly set forth herein, no Settling Party shall be deemed to have approved, accepted, agreed or consented to any principle or position in this proceeding, and none of the provisions of this Settlement Agreement shall be cited or referenced by any party in any federal or state proceeding as establishing any precedent or settled practice.