Common use of Defendant’s Denial of Liability Clause in Contracts

Defendant’s Denial of Liability. The Defendants deny that they have any liability as a result of any and all allegations that have been or could have been made in the Action. The Defendants are entering into the Settlement in order to avoid the continuing burden, expense, inconvenience and distraction of protracted litigation.

Appears in 2 contracts

Sources: Settlement Agreement (Salomon Brothers Municipal Partners Fund Inc), Settlement Agreement (Salomon Brothers Municipal Partners Fund Ii Inc)