Common use of Defense; Settlement Clause in Contracts

Defense; Settlement. The Company shall have the sole right and obligation to control the defense or conduct of any claim or Proceeding with respect to Indemnitee. The Company shall not, without the prior written consent of Indemnitee, which may not be unreasonably withheld, conditioned or delayed, effect any settlement or compromise of any Proceeding against Indemnitee which imposes any cost or liability on Indemnitee unless such settlement or compromise solely involves the payment of money for which the Indemnitee will be fully indemnified or performance of any obligation by persons other than Indemnitee. The Company shall not be obligated to indemnify Indemnitee against amounts paid in settlement of a Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s prior written consent.

Appears in 4 contracts

Samples: Indemnification Agreement (Bellring Brands, Inc.), Indemnification Agreement (BellRing Distribution, LLC), Indemnification Agreement (Bellring Brands, Inc.)

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Defense; Settlement. The Company Companies shall have the sole right and obligation to control the defense or conduct of any claim or Proceeding with respect to Indemnitee. The Company Companies shall not, without the prior written consent of Indemnitee, which may not be unreasonably withheld, conditioned or delayed, effect any settlement or compromise of any Proceeding against Indemnitee which imposes any cost or liability on Indemnitee unless such settlement or compromise solely involves the payment of money for which the Indemnitee will be fully indemnified or performance of any obligation by persons other than Indemnitee. The Company Companies shall not be obligated to indemnify Indemnitee against amounts paid in settlement of a Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s Companies’ prior written consent.

Appears in 1 contract

Samples: Indemnification Agreement (Aveanna Healthcare Holdings, Inc.)

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