Compromises. The Parties hereby agree that neither the giving of any consideration hereunder nor its acceptance shall operate as or be evidence of any admission of liability for any claim hereby released, and further agree that, by the execution of this Agreement, the Parties do not admit the truthfulness of any of the claims or allegations made by any opposing Party; rather, such claims, allegations and liability have been, and are hereby, expressly denied by each of the Parties.
Appears in 1 contract
Compromises. The Parties hereby Partieshereby agree that neither the giving of any consideration hereunder nor its acceptance shall operate as or be evidence of any admission of liability for any claim hereby released, and further agree that, by the execution of this Agreement, the Parties do not admit no Party admits the truthfulness of any of the claims or allegations made by any opposing Partyparty; rather, such claims, allegations and liability have been, and are hereby, expressly denied by each of the Parties.
Appears in 1 contract
Sources: Compromise Settlement Agreement (Vadda Energy Corp)