Common use of Compromise and Settlement Clause in Contracts

Compromise and Settlement. Each of the Parties hereto agrees that none of the communications (whether oral or in writing) between and/or among the Parties, their counsel and/or their respective representatives relating to, concerning or in connection with, nor the execution and delivery of, this Agreement and the Settlement Documents constitute an admission of any liability but constitute a compromise and settlement.

Appears in 2 contracts

Sources: Settlement Agreement, Settlement & Dispute Resolution (Petrobras Energia Participaciones Sa)