Compromise Clause Samples
A Compromise clause establishes a mechanism for resolving disputes or disagreements between parties, typically by encouraging negotiation and mutual agreement. In practice, this clause may require the parties to attempt to settle their differences through direct discussions, mediation, or other alternative dispute resolution methods before resorting to litigation. Its core function is to promote amicable settlements, reduce the likelihood of costly legal proceedings, and provide a structured process for addressing conflicts.
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Compromise. 4.1 The Parties agree and acknowledge that this Agreement is the result of a compromise and shall never be construed as an admission by either Party of any liability, wrongdoing, or responsibility on its part or on the part of its predecessors, successors, assigns, agents, representatives, parents, subsidiaries, affiliates, or their current or former officers, directors, employees, representatives, or attorneys.
Compromise. To compromise, arbitrate or otherwise adjust claims in favor of or against the Trust or any matter in controversy, including but not limited to claims for taxes;
Compromise. The distribution of cash or property to the Members in accordance with the provisions of Section 9.3 constitutes a complete return to each Member of its Contributions and a complete distribution to the Members of their respective interests in the Company and all Company property, and constitutes a compromise to which all Members have consented within the meaning of the Act. To the extent that a Member returns funds to the Company, it has no claim against any other Member for those funds.
Compromise. A Receiver may settle, adjust, refer to arbitration, compromise and arrange any claim, account, dispute, question or demand with or by any person who is or claims to be a creditor of the Chargor or relating in any way to any Security Asset.
Compromise. To compromise, arbitrate or otherwise adjust claims in favor of or against the Trust or any Sub-Trust or any matter in controversy, including but not limited to claims for taxes;
Compromise. The Parties enter into this Agreement in order to resolve the controversy described above in a manner consistent with prior Proposition 65 settlements and consent judgments that were entered in the public interest and to avoid prolonged and costly litigation between them.
Compromise. The Agreement is the result of a compromise of disputed claims between the Parties and shall never at any time for any purpose be considered an admission of liability or responsibility on the part of the Parties herein released, nor shall the payment of any sum of money or other form of consideration for the execution of this Agreement constitute or be construed as an admission of any liability whatsoever by any of the Parties herein released who continue to deny such liability and to disclaim such responsibility.
Compromise. Grant extensions, compromise claims and settle any account for less than the amount owing thereunder, all without notice to the Borrower or any obligor on or guarantor of the Obligations.
Compromise. A Receiver may settle, adjust, refer to arbitration, compromise and arrange any claim, account, dispute, question or demand with or by any person who is or claims to be a creditor of Funding 1 or relating in any way to any Funding 1 Charged Property, provided that, any such claim has priority to or ranks pari passu with this Deed.
Compromise. Grant extensions, compromise claims and settle any account for less than the amount owing thereunder, all without notice to the Debtor or any obligor on or any guarantor of the Indebtedness.