Common use of No Admission of Liability or Wrongdoing Clause in Contracts

No Admission of Liability or Wrongdoing. This Settlement Agreement and any proceedings taken hereunder are not and shall not in any way be construed as or deemed to be evidence of (i) any admission or concession on the part of any Party of the merits or lack of merits of any claim or counterclaim asserted in the Action or the Rights Plan Action, or (ii) any admission or concession on the part of any Party of any liability or wrongdoing whatsoever, which liability and wrongdoing are hereby expressly denied and disclaimed by each of the Parties.

Appears in 2 contracts

Samples: Agreement of Compromise And (Steel Partners Ii L P), Agreement of Compromise And (Medical Imaging Centers of America Inc)

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No Admission of Liability or Wrongdoing. This Nothing in this Settlement Agreement and any proceedings taken hereunder are not and shall not in any way constitute or be construed as or deemed to be evidence an admission of (i) any admission or concession liability on the part behalf of any Party of the merits or lack of merits Parties as to the validity of any claim or counterclaim asserted in of the Action or the Rights Plan Actionclaims, defenses, or (ii) allegations made against the other, or shall be admissible in any admission court, administrative agency, or concession on tribunal for any purpose whatsoever, with the part sole exception of any Party proceeding to enforce or interpret the terms of any liability or wrongdoing whatsoever, which liability and wrongdoing are hereby expressly denied and disclaimed by each of the Partiesthis Settlement Agreement.

Appears in 2 contracts

Samples: Release and Settlement Agreement (PAETEC Holding Corp.), Release and Settlement Agreement (WC Acquisition Holdings Corp.)

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