Common use of Settlement of a Third Party Claim Clause in Contracts

Settlement of a Third Party Claim. The Indemnifying Party shall not be permitted to compromise and settle or to cause a compromise and settlement of any Third Party Claim, without the prior written consent of the Indemnified Party, unless:

Appears in 5 contracts

Samples: Asset Purchase Agreement (Hecla Mining Co/De/), Asset Purchase Agreement (Wolverine Tube Inc), Subscription Agreement (Compositech LTD)

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Settlement of a Third Party Claim. The Indemnifying Party shall not be permitted to compromise and settle or to cause a compromise and settlement of any Third Party Claim, without the prior written consent of the Indemnified Party, unless:.

Appears in 1 contract

Samples: Convertible Preferred Stock Purchase Agreement (Avalon Pharmaceuticals Inc)

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