Common use of Settlement by Company Clause in Contracts

Settlement by Company. The Company shall be permitted to settle any action, except that it shall not settle any action or claim in any manner which may impose any penalty or limitation or constitute any admission of wrongdoing or which may compromise, or may adversely effect, the defense of the Indemnitee in any other proceeding, whether civil or criminal, without Indemnitee’s prior written consent. Indemnitee will not unreasonably withhold or delay his consent to any proposed settlement.

Settlement by Company. The Company shall be permitted to settle any action, except that it shall not settle any action or claim in any manner which may impose any penalty (unless the only penalty imposed is a monetary amount that will be paid in full by the Company (or its insurers)) or limitation or constitute any admission of wrongdoing or which may compromise, or may adversely effect, the defense of the Indemnitee in any other proceeding, whether civil or criminal, without Indemnitee’s prior written consent. Indemnitee will not unreasonably withhold or delay his consent to any proposed settlement.

Settlement by Company. The Company shall be permitted to settle any action, action except that it shall not settle any action or claim in any manner which may would impose any penalty or limitation or constitute any admission of wrongdoing or which may compromise, or may adversely effect, the defense of the on Indemnitee in any other proceeding, whether civil or criminal, without Indemnitee’s prior 's written consent. Neither the Company nor Indemnitee will not unreasonably withhold or delay his its consent to any proposed settlement.

Settlement by Company. The Company shall be permitted to settle any action, except that it shall not settle any action or claim in any manner which may impose any penalty or limitation or constitute any admission of wrongdoing or which may compromise, or may adversely effect, the defense of the Indemnitee in any other proceeding, whether civil or criminal, without Indemnitee’s prior written consent. Neither the Company nor Indemnitee will not unreasonably withhold or delay his its consent to any proposed settlement.

Settlement by Company. The Company shall be permitted to settle any actionClaim, except that it shall not settle any action or claim Claim in any manner which may impose any penalty or limitation or constitute any admission of wrongdoing or which may compromise, or may adversely effect, the defense of the Indemnitee in any other proceeding, whether civil or criminal, without Indemnitee’s prior written consent. Indemnitee will not unreasonably withhold or delay his consent to any proposed settlement.

Settlement by Company. The Company shall be permitted to settle any action, action except that it shall not settle any action or claim in any manner which may would impose any penalty or limitation or constitute any admission of wrongdoing or which may compromise, or may adversely effect, the defense of the on Indemnitee in any other proceeding, whether civil or criminal, without Indemnitee’s prior written consent. Neither the Company nor Indemnitee will not unreasonably withhold or delay his its consent to any proposed settlement.