No Admissions Clause Example from Business Contracts

No Admissions. This Agreement is contractual and it has been entered into in order to compromise disputed claims and to avoid the uncertainty and expense of the litigation. This Agreement and each of its provisions in any orders of the Court relating to it shall not be offered or received in evidence in any action, proceeding or otherwise used as an admission or concession as to the merits of the Action or the liability of any nature on the part of any of the parties hereto except to enforce its terms. 6 12. B...inding Nature. This Agreement shall be binding on all parties executing this Agreement and their respective successors, assigns and heirs. View More