Common use of Settlement Clause in Contracts

Settlement. The Company will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The Company shall not be obligated to indemnify Indemnitee against amounts paid in settlement of a Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s prior written consent, which shall not be unreasonably withheld.

Appears in 63 contracts

Samples: Indemnification Agreement (Wavedancer, Inc.), Indemnification Agreement (Warner Music Group Corp.), Indemnification Agreement (Startek, Inc.)

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Settlement. The Company Companies will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The Company Companies shall not be obligated to indemnify Indemnitee against amounts paid in settlement of a Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s Companies’ prior written consent, which shall not be unreasonably withheld.

Appears in 11 contracts

Samples: Indemnification Agreement (Core & Main, Inc.), Indemnification Agreement (Agilon Health, Inc.), Indemnification Agreement (Us LBM Holdings, Inc.)

Settlement. The Company will shall not, without the prior written consent of Indemnitee, which consent may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The Company shall not be obligated to indemnify Indemnitee against amounts paid in settlement of a Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s prior written consent, which consent shall not be unreasonably withheld.

Appears in 10 contracts

Samples: Indemnification Agreement (ArriVent Biopharma, Inc.), Indemnification Agreement (ArriVent Biopharma, Inc.), Indemnification Agreement (Elicio Therapeutics, Inc.)

Settlement. The Company will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s 's sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The Company shall not be obligated to indemnify Indemnitee against amounts paid in settlement of a Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s 's prior written consent, which shall not be unreasonably withheld.

Appears in 5 contracts

Samples: Indemnification Agreement (N-Able, Inc.), Indemnification Agreement (N-Able, LLC), Indemnification Agreement (SolarWinds Corp)

Settlement. The Company will notshall not settle any action, claim or Proceeding (in whole or in part) which would impose any Expense, judgment, fine, penalty, an admission of fault of Indemnitee or limitation on the Indemnitee without the Indemnitee’s prior written consent, such consent of Indemniteenot to be unreasonably withheld. Notwithstanding anything to the contrary, which the Indemnitee may be provided or withheld in Indemnitee’s sole discretion, effect withhold its consent to any proposed settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee that does not provide a full and includes an unconditional release of Indemnitee from all liability on any matters that are the subject in respect of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such mattersProceeding. The Company shall not be obligated have no obligation to indemnify Indemnitee against amounts paid in respect of any settlement of a any action, claim or Proceeding against Indemnitee if such settlement is (in whole or in part) which would impose any Expense, judgment, fine, penalty, an admission of fault of Company or limitation on the Company effected by Indemnitee without the Company’s prior written consent, which shall such consent not to be unreasonably withheld.

Appears in 4 contracts

Samples: Indemnification Agreement (Applied Dna Sciences Inc), Indemnification Agreement (G Iii Apparel Group LTD /De/), Indemnification Agreement (Mirion Technologies, Inc.)

Settlement. The Company will not, without the prior written consent of Indemnitee, which may shall not be provided liable to indemnify Indemnitee under this Agreement or withheld otherwise for any amounts paid in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves effected without the payment Company's prior written consent; provided that if a Change of money by persons other than Indemnitee and includes an unconditional release Control has occurred, the Company shall be liable for indemnification of Indemnitee from all liability on any matters that are for amounts paid in settlement if an Independent Counsel selected by Indemnitee has approved the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matterssettlement. The Company shall not be obligated to indemnify Indemnitee against amounts paid settle any Proceeding in settlement of a Proceeding against Indemnitee if such settlement is effected by any manner that would impose any penalty, liability or limitation on Indemnitee without the Company’s Indemnitee's prior written consent, which ; provided that the Company shall not be required to obtain the consent of Indemnitee to the settlement of any Proceeding the Company has undertaken to defend if the settlement grants Indemnitee a complete and unqualified release in respect of the potential liability. Neither the Company nor Indemnitee will unreasonably withheldwithhold their consent to any proposed settlement.

Appears in 2 contracts

Samples: Indemnification Agreement (Cellstar Corp), Indemnification Agreement (Cellstar Corp)

Settlement. The Company Entities will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The Company Entities shall not be obligated to indemnify Indemnitee against amounts paid in settlement of a Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s Company Entities’ prior written consent, which shall not be unreasonably withheld.

Appears in 2 contracts

Samples: Indemnification Agreement (Hd Supply, Inc.), Director Indemnification Agreement (Hd Supply Support Services, Inc.)

Settlement. The Company will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The However, the Company shall not be obligated to indemnify Indemnitee against amounts paid in settlement of a Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s prior written consent, which consent shall not be unreasonably withheld.

Appears in 1 contract

Samples: Indemnification Agreement (CREATIVE LEARNING Corp)

Settlement. The Company will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The Company shall not be obligated to indemnify Indemnitee against amounts paid in settlement of a Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s prior written consent, which consent shall not be unreasonably withheld.

Appears in 1 contract

Samples: Indemnification Agreement (CREATIVE LEARNING Corp)

Settlement. The Company will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The Company shall not be obligated to indemnify Indemnitee against amounts paid in settlement of a Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s prior written consent, which shall not may be unreasonably withheldprovided or withheld in the Company’s sole discretion.

Appears in 1 contract

Samples: Indemnification Agreement (China Chemical Corp.)

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Settlement. The Company Entities will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s sole reasonable discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The Company Entities shall not be obligated to indemnify Indemnitee against amounts paid in settlement of a Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s Company Entities’ prior written consent, which shall not be unreasonably withheld.

Appears in 1 contract

Samples: Director Indemnification Agreement (Hd Supply, Inc.)

Settlement. The Company will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on or any matters that are the subject of such Proceeding and an acknowledgment acknowledgement that Indemnitee denies all wrongdoing in connection with such matters. The Company shall not be obligated to indemnify Indemnitee against amounts paid in settlement of a Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s prior written consent, which shall not be unreasonably withheld.

Appears in 1 contract

Samples: Indemnification Agreement (ZaZa Energy Corp)

Settlement. The Company Corporation will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The Company Corporation shall not be obligated to indemnify Indemnitee against amounts paid in settlement of a Proceeding against Indemnitee if such settlement is effected by Indemnitee without the CompanyCorporation’s prior written consent, which shall not be unless consent is unreasonably withheld.

Appears in 1 contract

Samples: Indemnification Agreement (Envision Healthcare Corp)

Settlement. The Company will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of shall not settle any Proceeding against in any manner that would impose any penalty or limitation on Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment without Indemnitee's written consent; provided, however, that Indemnitee denies all wrongdoing in connection with such matterswill not unreasonably withhold his or her consent to any proposed settlement. The Company shall promptly notify Indemnitee once the Company has received an offer or intends to make an offer to settle any such Proceeding, and the Company shall provide Indemnitee as much time as reasonably practicable to consider such offer. Regardless of whether the Company has assumed the defense of a Proceeding, the Company shall not be obligated liable to indemnify Indemnitee against amounts paid under this Agreement for any Losses incurred in a settlement of a the Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s prior 's written consent, which shall not be unreasonably withheld.

Appears in 1 contract

Samples: Indemnification Agreement (8x8 Inc /De/)

Settlement. The Company Companies will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The Company Companies shall not be obligated to indemnify Indemnitee against amounts paid in settlement of a Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s Companies’ prior written consent, which shall not be unless consent is unreasonably withheld.

Appears in 1 contract

Samples: Indemnification Agreement (Envision Healthcare Holdings, Inc.)

Settlement. The Company will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The Company shall not be obligated liable to indemnify Indemnitee against under this Agreement or otherwise for any amounts paid in settlement of a any Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s prior written consent; provided that if a Change of Control has occurred, which the Company shall be liable for indemnification of Indemnitee for amounts paid in settlement if an Independent Counsel selected by Indemnitee has approved the settlement. The Company shall not settle any Proceeding in any manner that would impose any penalty, liability or limitation on Indemnitee without Indemnitee’s prior written consent; provided that the Company shall not be required to obtain the consent of Indemnitee to the settlement of any Proceeding the Company has undertaken to defend if the settlement grants Indemnitee a complete and unqualified release in respect of the potential liability. Neither the Company nor Indemnitee will unreasonably withheldwithhold their consent to any proposed settlement.

Appears in 1 contract

Samples: Indemnification Agreement (CLST Holdings, Inc.)

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