Common use of Settlement of Claim Clause in Contracts

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

Appears in 1 contract

Samples: Indemnification Agreement (Niocorp Developments LTD)

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

Appears in 1 contract

Samples: Indemnity Agreement (Pivotal Corp)

Settlement of Claim. No admission of liability and no settlement of any Action or threatened Action in a manner adverse to the Indemnitee will shall be made without the prior written consent of the Indemnitee, such consent not to be unreasonably withheldwithheld or delayed. No admission of liability will shall be made by the Indemnitee without the prior written consent of the Corporation Company and the Corporation Company will not be liable for any settlement of any Action or threatened Action made without its prior written consent, such consent not to be unreasonably withheldwithheld or delayed.

Appears in 1 contract

Samples: Indemnification Agreement (MDC Partners Inc)

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Settlement of Claim. No admission of liability and no settlement of any an Action or threatened Action in a manner adverse to the Indemnitee will be made without the written consent of the Indemnitee, such consent not to be unreasonably withheld. No admission of liability will be made by the Indemnitee without the consent of the Corporation Company and the Corporation Company will not be liable for any settlement of any Action or threatened Action made without its consent, such consent not to be unreasonably withheld.

Appears in 1 contract

Samples: Executive Employment Agreement (Crosshair Exploration & Mining Corp)

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