Common use of Potential Litigation Clause in Contracts

Potential Litigation. The Company shall give Parent the opportunity to participate fully in the conduct of the defense or the settlement of any litigation against the Company and its directors relating to any Transaction. No settlement of any such litigation shall be agreed to without Parent's prior written consent.

Appears in 4 contracts

Samples: Merger Agreement (Foilmark Inc), Merger Agreement (Ual Corp /De/), Merger Agreement (Illinois Tool Works Inc)

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Potential Litigation. The Company shall give Parent the opportunity to participate fully in the conduct of the defense or the settlement of any litigation against the Company and its directors relating to any Transactionof the Transactions. No settlement of any such litigation shall be agreed to without Parent's prior written consent.

Appears in 2 contracts

Samples: Merger Agreement (I Stat Corporation /De/), Merger Agreement (I Stat Corporation /De/)

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Potential Litigation. The Company shall give Parent the opportunity to participate fully in the conduct of the defense or the settlement of any litigation against the Company and its directors relating to the Merger or any Transactionof the transactions contemplated by this Agreement. No settlement of any such litigation shall be agreed to without Parent's ’s prior written consent.

Appears in 1 contract

Samples: Merger Agreement (Physiometrix Inc)

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