Common use of Settlement of Claim Clause in Contracts

Settlement of Claim. No admission of liability and no settlement of any Claim in a manner adverse to the Indemnified Party will be made without the consent of the Indemnified Party, such consent not to be unreasonably withheld. No admission of liability will be made by the Indemnified Party without the consent of the Corporation and the Corporation will not be liable for any settlement of any Claim made without its consent, such consent not to be unreasonably withheld.

Appears in 8 contracts

Samples: Employment Agreement (Ritchie Bros Auctioneers Inc), Employment Agreement (Ritchie Bros Auctioneers Inc), Employment Agreement (Ritchie Bros Auctioneers Inc)

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Settlement of Claim. No admission of liability and no settlement of any Claim in a manner adverse with respect to the Indemnified Party will shall be made by the Corporation without the prior written consent of the Indemnified Party, Party unless such consent not to be unreasonably withheld. No admission settlement includes an unconditional general release of liability will be made by the Indemnified Party without any admission of negligence, misconduct, liability or responsibility by the consent of the Corporation and the Corporation will not be liable for any settlement of any Claim made without its consent, such consent not to be unreasonably withheldIndemnified Party.

Appears in 4 contracts

Samples: Form of Indemnity Agreement (Perpetua Resources Corp.), Investor Rights Agreement (Perpetua Resources Corp.), Agreement (Midas Gold Corp.)

Settlement of Claim. No admission of liability and no settlement of any Claim in a manner adverse to the Indemnified Party will shall be made without the consent of the Indemnified Party, unless, in the case of a settlement by the Corporation, such consent not to be unreasonably withheld. No admission settlement: (i) includes an unconditional release of liability will be made by the Indemnified Party without the consent from all liability arising out of such Claim; and (ii) does not include a statement as to or an admission of fault, culpability or a failure to act, by or on behalf of the Corporation and the Corporation will not be liable for any settlement of any Claim made without its consent, such consent not to be unreasonably withheldIndemnified Party.

Appears in 3 contracts

Samples: Indemnity Agreement (FSD Pharma Inc.), Indemnity Agreement (TerrAscend Corp.), Indemnity Agreement (Cronos Group Inc.)

Settlement of Claim. No admission of liability and no settlement of any Claim in a manner adverse to the Indemnified Party will shall be made without the consent of the Indemnified Party, such consent not to be unreasonably withheld. No admission of liability will shall be made by the Indemnified Party without the consent of the Corporation and the Corporation will shall not be liable for any settlement of any Claim made without its consent, such consent not to be unreasonably withheld.

Appears in 2 contracts

Samples: Indemnity Agreement (Ritchie Bros Auctioneers Inc), Indemnity Agreement (Ritchie Bros Auctioneers Inc)

Settlement of Claim. No admission of liability and no settlement of any Claim in a manner adverse to the Indemnified Party will shall be made without the consent of the Indemnified Party, such consent not to be unreasonably withheld. No admission of liability will shall be made by the Indemnified Party without the consent of the Corporation and the Corporation will shall not be liable for any settlement of any Claim made without its consent, such consent not to be unreasonably withheld.

Appears in 1 contract

Samples: Indemnity Agreement (Nova Chemicals Corp /New)

Settlement of Claim. No admission of liability shall be made by the Indemnified Party without the consent of the Corporation and the Corporation shall not be liable for any settlement of any Claim made without its consent. No admission of liability and no settlement of any Claim in a manner adverse to the Indemnified Party will shall be made without the consent of the Indemnified Party, such consent not to be unreasonably withheld. No admission of liability will be made by the Indemnified Party without the consent of the Corporation and the Corporation will not be liable for any settlement of any Claim made without its consent, such consent not to be unreasonably withheldacting reasonably.

Appears in 1 contract

Samples: Indemnity Agreement (Milestone Pharmaceuticals Inc.)

Settlement of Claim. No admission of liability and no settlement of any Claim in a manner adverse to the Indemnified Party will be made without the consent of the Indemnified Party, such consent not to be unreasonably withheld. No admission of liability will be made by the Indemnified Party without the consent of the Corporation and the Corporation will xxxx not be liable for any settlement of any Claim made without its consent, such consent not to be unreasonably withheld.

Appears in 1 contract

Samples: Employment Agreement

Settlement of Claim. No admission of liability shall be made by the Indemnified Party without the consent of the Corporation and the Corporation shall not be liable for any settlement of any Claim made without its consent. No admission of liability and no settlement of any Claim in a manner adverse to the Indemnified Party will shall be made without the consent of the Indemnified Party, such consent not to be unreasonably withheld. No admission of liability will be made by the Indemnified Party without the consent of the Corporation and the Corporation will not be liable for any settlement of any Claim made without its consent, such consent not to be unreasonably withheld.

Appears in 1 contract

Samples: Indemnity Agreement (Neptune Wellness Solutions Inc.)

Settlement of Claim. No admission of liability and no settlement of any Claim Eligible Proceeding in a manner adverse to the Indemnified Party Indemnitee will be made without the prior written consent of the Indemnified Eligible Party, such consent not to be unreasonably withheld. No admission of liability will be made by the Indemnified Eligible Party in connection with an Eligible Proceeding without the consent of the Corporation Company and the Corporation Company will not be liable for any settlement of any Claim Eligible Proceeding made without its consent, such consent not to be unreasonably withheld.

Appears in 1 contract

Samples: Indemnity Agreement (Telesat Corp)

Settlement of Claim. No admission of liability and no settlement of any Claim in a manner adverse to the Indemnified Party will be made without the consent of the Indemnified PartyParty (unless, in the case of a settlement by the Company, such consent not to be unreasonably withheld. No admission settlement (i) includes an unconditional release of liability will be made by the Indemnified Party without the consent from all liability arising out of such Claim and (ii) does not include a statement as to or an admission of fault, culpability or a failure to act, by or on behalf of the Corporation and the Corporation will not be liable for any settlement of any Claim made without its consent, such consent not to be unreasonably withheldIndemnified Party).

Appears in 1 contract

Samples: Form of Indemnity Agreement (Clearmind Medicine Inc.)

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Settlement of Claim. No admission of liability and no settlement of any Claim in a manner adverse to the Indemnified Party will be made without the consent of the Indemnified Party, such consent not to be unreasonably withheld. No admission of liability will be made by the Indemnified Party without the consent of the Corporation and the Corporation will wxxx not be liable for any settlement of any Claim made without its consent, such consent not to be unreasonably withheld.

Appears in 1 contract

Samples: Employment Agreement (Ritchie Bros Auctioneers Inc)

Settlement of Claim. No admission of liability and no settlement in respect of any a Claim in a manner adverse to the Indemnified Party will be made without the consent of the Indemnified Party, such consent not to be unreasonably withheld. No admission of liability will shall be made by the Indemnified Party without the prior written consent of the Corporation and the Corporation will shall not be liable for any settlement of any Claim made without its prior written consent, such consent not to be unreasonably withheld.

Appears in 1 contract

Samples: Indemnity Agreement (Mitel Networks Corp)

Settlement of Claim. No admission of liability and no settlement of any Claim in a manner adverse to the Indemnified Party will be made without the consent of the Indemnified Party, such consent not to be unreasonably withheld. No admission of liability liabiIity will be made by the Indemnified Party without the consent of the Corporation and the Corporation will not be liable for any settlement of any Claim made without its consent, such consent not to be unreasonably withheld.

Appears in 1 contract

Samples: Employment Agreement (Ritchie Bros Auctioneers Inc)

Settlement of Claim. No admission of liability and no settlement of any Claim in a manner adverse to the Indemnified Party will shall be made without the consent of the Indemnified Party, such consent not to be unreasonably withheldacting reasonably. No admission of liability will shall be made by the Indemnified Party without the consent of the Corporation and the Corporation will shall not be liable for any settlement of any Claim made without its consent, such consent not to be unreasonably withheld.

Appears in 1 contract

Samples: Indemnity Agreement (Inco LTD)

Settlement of Claim. No admission of liability and no settlement of any Claim in a manner adverse to the Indemnified Party will shall be made without the consent of the Indemnified Party, such consent not to be unreasonably withheldacting reasonably. No admission of liability will shall be made by the Indemnified Party without the consent of the Corporation and the Corporation will shall not be liable for any amounts paid in settlement of any Claim made without its consent. Neither the Corporation nor the Indemnified Party shall unreasonably withhold its consent to any proposed settlement; provided, such however, that the Indemnified Party may withhold consent to any settlement that does not to be unreasonably withheldprovide a complete release of the Indemnified Party.

Appears in 1 contract

Samples: Indemnity Agreement (Tim Hortons Inc.)

Settlement of Claim. No admission of liability and no settlement of any Claim in a manner adverse to the Indemnified Party will shall be made without the consent of the Indemnified Party, unless, in the case of a settlement by the Corporation, such consent not to be unreasonably withheld. No admission settlement: (1) includes an unconditional release of liability will be made by the Indemnified Party without the consent from all liability arising out of such Claim; and (2) does not include a statement as to or an admission of fault, culpability or a failure to act, by or on behalf of the Corporation and the Corporation will not be liable for any settlement of any Claim made without its consent, such consent not to be unreasonably withheldIndemnified Party.

Appears in 1 contract

Samples: Employment Agreement (Trilogy Metals Inc.)

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