Global Resolution definition
Examples of Global Resolution in a sentence
This Global Resolution Agreement may be executed in counterparts and by facsimile signature, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
The Parties understand and acknowledge that this Global Resolution Agreement constitutes a compromise and settlement of disputed claims and is not an admission of liability or wrongdoing by any Party.
All prior or contemporaneous discussions or negotiations have been and are merged and integrated into, or are superseded by, this Global Resolution Agreement.
If any provision of this Global Resolution Agreement is held to be invalid, void, or unenforceable for any reason, the balance of the provisions shall nevertheless remain in full force and effect and shall in no way be affected, impaired, or invalidated.
Except as expressly permitted in this Global Resolution Agreement, the receiving Party will hold in confidence and not use or disclose any Proprietary Information of the disclosing Party and shall obtain the prior written permission of the other party before releasing such Proprietary Information to a third party.
This Global Resolution Agreement is made without reliance upon any inducement, statement, promise, or representation other than those contained within this Global Resolution Agreement.
If, after the execution of this Agreement, Allergan reaches a Global Resolution, then Allergan agrees that the State of New York (and its Participating Subdivisions and other Releasors) shall have the sole discretion to either participate in such Global Resolution, in which case the Global Resolution agreement would supersede this Agreement, or maintain this Agreement in full force and effect.
This indemnification obligation shall survive the termination of this Global Resolution Agreement.
The Parties agree that neither this Global Resolution Agreement nor any of its terms shall be offered or received as evidence in any proceeding in any forum as an admission or as other evidence of any liability or wrongdoing.
For the avoidance of doubt, the total amount to be paid by Allergan under the Global Resolution shall be reduced by the same amount Allergan has already provided under this Agreement at the time of the election of the State of New York (and its Participating Subdivisions and other Releasors) to participate in such Global Resolution.