Parent’s Rights. Anything in this Section 7.3 to the contrary notwithstanding, the Representative shall not, without the written consent of Parent, settle or compromise any action or consent to the entry of any judgment which does not include as an unconditional term thereof the giving by the claimant or the plaintiff to Parent of a full and unconditional release from all liability and obligation in respect of such action without any payment by Parent.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Juniper Partners Acquisition Corp.), Agreement and Plan of Merger (Tremisis Energy Acquisition Corp), Agreement and Plan of Merger (Juniper Partners Acquisition Corp.)
Parent’s Rights. Anything in this Section 7.3 7.2 to the contrary notwithstanding, the Representative shall not, without the written consent of Parent, settle or compromise any action or consent to the entry of any judgment which does not include as an unconditional term thereof the giving by the claimant or the plaintiff to Parent of a full and unconditional release from all liability and obligation in respect of such action without any payment by Parent.
Appears in 3 contracts
Samples: Agreement and Plan of Reorganization (Trio Merger Corp.), Agreement and Plan of Merger (Services Acquisition Corp. International), Agreement and Plan of Merger (Terra Nova Acquisition CORP)
Parent’s Rights. Anything in this Section 7.3 7.2 to the contrary notwithstanding, the Representative Representatives shall not, without the written consent of Parent, settle or compromise any action or consent to the entry of any judgment which does not include as an unconditional term thereof the giving by the claimant or the plaintiff to Parent of a full and unconditional release from all liability and obligation in respect of such action without any payment by Parent.
Appears in 2 contracts
Samples: Merger Agreement (Ithaka Acquisition Corp), Merger Agreement (Ithaka Acquisition Corp)
Parent’s Rights. Anything in this Section 7.3 9.2 to the contrary notwithstanding, the Representative Holder Representatives shall not, without the written consent of Parent, settle or compromise any action or consent to the entry of any judgment which does not include as an unconditional term thereof the giving by the claimant or the plaintiff to Parent of a full and unconditional release from all liability and obligation in respect of such action without any payment by Parent.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Apex Bioventures Acquisition Corp)
Parent’s Rights. Anything in this Section 7.3 paragraph 26 to the contrary notwithstanding, the Representative Representatives shall not, without the written consent of Parentthe Parent Indemnitees, settle or compromise any action or consent to the entry of any judgment which does not include as an unconditional term thereof the giving by the claimant or the plaintiff to the Parent Indemnitees of a full and unconditional release from all liability and obligation in respect of such action without any payment by Parentthe Parent Indemnitees.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Perma Fix Environmental Services Inc)
Parent’s Rights. Anything in this Section 7.3 7.2 to the contrary notwithstanding, the Representative Members shall not, without the written consent of Parent, settle or compromise any action or consent to the entry of any judgment which does not include as an unconditional term thereof the giving by the claimant or the plaintiff to Parent of a full and unconditional release from all liability and obligation in respect of such action without any payment by Parent.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Key Hospitality Acquisition CORP)
