Common use of DENIAL OF WRONGDOING AND LIABILITY Clause in Contracts

DENIAL OF WRONGDOING AND LIABILITY. 2.1 Defendant denies the material factual allegations and legal claims asserted by Representative Plaintiff in the Litigation, including any and all charges of wrongdoing or liability arising out of any of the conduct, statements, acts or omissions alleged, or that could have been alleged, in the Litigation. Further, Defendant maintains that it has strong, meritorious defenses to the claims alleged in the Litigation and that it was prepared to vigorously defend all aspects of the Litigation.

Appears in 2 contracts

Samples: Class Action Settlement Agreement, Class Action Settlement Agreement

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DENIAL OF WRONGDOING AND LIABILITY. 2.1 3.1. Defendant denies the material factual allegations and legal claims asserted by the Representative Plaintiff Plaintiffs in the Litigation, including any and all charges of wrongdoing or liability arising out of any of the conduct, statements, acts or omissions alleged, or that could have been alleged, in the Litigation. FurtherThis Settlement is entered into solely to eliminate the uncertainties, Defendant maintains that it has strongburdens, meritorious defenses to the claims alleged in the Litigation and that it was prepared to vigorously defend all aspects expenses of the Litigationprotracted litigation.

Appears in 1 contract

Samples: Class Action Settlement Agreement

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DENIAL OF WRONGDOING AND LIABILITY. 2.1 Defendant denies the material factual allegations and legal claims asserted by Representative Plaintiff Plaintiffs in the Litigation, including any and all charges of wrongdoing or liability arising out of any of the conduct, statements, acts or omissions alleged, or that could have been alleged, in the Litigation. Further, Defendant maintains that it has strong, meritorious defenses to the claims alleged in the Litigation and that it was prepared to vigorously defend all aspects of the Litigation.

Appears in 1 contract

Samples: Class Action Settlement Agreement

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