Common use of Permission by Indemnifying Party Clause in Contracts

Permission by Indemnifying Party. The Indemnitee may not settle, consent to an adverse judgment, or make any admission as to liability or fault with respect to any Claim subject to indemnification without the express written permission of the Indemnifying Party, which will not be unreasonably withheld or delayed, except in the case of any settlement, consent, or admission that would reasonably be anticipated to adversely affect any Licensed Technology or either Party’s ability to Develop or Commercialize Licensed Products or, in the case of Lxxxx being the Indemnifying Party, the Licensed Antibody, which shall, in each case, require the Indemnifying Party’s prior written consent.