Common use of THIS AGREEMENT IS NOT AN ADMISSION Clause in Contracts

THIS AGREEMENT IS NOT AN ADMISSION. The parties hereto agree that this Agreement, and any and all negotiations, documents and discussions associated with it, shall not be deemed or construed to be an admission or evidence of any violation of any contractual provision, statute, law, rule or regulation or of any liability or wrongdoing by any of the parties hereto, or of any absence of wrongdoing or of limitation of damage or injury, and shall not be used, directly or indirectly, as evidence thereof, in any way in any action or proceeding.

Appears in 4 contracts

Samples: Settlement Agreement and Mutual Release (Verdisys Inc), Settlement Agreement and Mutual Release (Intelect Communications Inc), Settlement Agreement and Mutual Release (Intelect Communications Inc)

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THIS AGREEMENT IS NOT AN ADMISSION. The parties hereto agree that this Agreement, and any and all negotiations, documents and discussions associated with it, shall not be deemed or construed to be an admission or evidence of any violation of any contractual provision, statute, law, rule or regulation or of any liability or wrongdoing by any of the parties hereto, or of any absence of wrongdoing or of limitation of damage or injury, and shall not be used, directly or indirectly, as evidence thereof, in any way in any action or proceeding.

Appears in 1 contract

Samples: Settlement Agreement and Mutual Release (Intelect Communications Inc)

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