Final and Complete Resolution. The Parties intend this Agreement to be and constitute a final, complete, and worldwide resolution of all matters and disputes between (1) the Receiver and the Interested Parties, on the one hand, and Underwriters, on the other hand, and (2) Underwriters, on the one hand, and Underwriters’ Insureds, on the other hand. This Agreement, including its exhibits, shall be interpreted to effectuate this purpose. The Parties agree not to assert in any Forum that the other Party violated Rule 11 of the Federal Rules of Civil Procedure, or litigated, negotiated, or otherwise engaged in conduct in bad faith or without a reasonable basis in connection with the Coverage Action, the Indirect Claims, the Third-Party Coverage Actions, or this Agreement.
Appears in 2 contracts
Sources: Settlement Agreement, Settlement Agreement