Common use of Lawsuits; Settlements Clause in Contracts

Lawsuits; Settlements. (i) Commence a Legal Proceeding other than (A) in such cases where the Company in good faith determines that failure to commence suit would result in the material impairment of a valuable aspect of the Business (provided, that the Company consults with Parent prior to the filing of such a suit), or (B) for a breach of this Agreement or (ii) settle or agree to settle any pending or threatened Legal Proceeding;

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Relay Therapeutics, Inc.), Agreement and Plan of Merger (Exact Sciences Corp)

AutoNDA by SimpleDocs

Lawsuits; Settlements. (i) Commence a Legal Proceeding lawsuit other than (A) in such cases where the Company in good faith determines that failure to commence suit would result in the material impairment of a valuable aspect of the Business its business (provided, provided that the Company consults with Parent Acquirer prior to the filing of such a suit), ) or (B) for a breach of this Agreement or (ii) settle or agree to settle any pending or threatened Legal Proceedinglawsuit or other dispute;

Appears in 1 contract

Samples: Non Competition Agreement (Chegg, Inc)

AutoNDA by SimpleDocs

Lawsuits; Settlements. (i) Commence a Legal Proceeding other than (A) in such cases where the Company it in good faith determines that failure to commence suit such Legal Proceeding would result in the material impairment of a valuable aspect of the Business (provided, its business; provided that the Company it consults with Parent Acquirer prior to the filing commencement of such a suit), Legal Proceeding or (B) for a breach of this Agreement or (ii) settle or agree to settle any pending or threatened Legal ProceedingProceeding or other dispute;

Appears in 1 contract

Samples: Agreement and Plan of Merger (Soundhound Ai, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!