Common use of Consent to Settlement Clause in Contracts

Consent to Settlement. The Insured Person or the Company shall not incur any Defence Costs, admit or assume any liability, consent to any judgment, agree to any settlement, or make any settlement offer without the Insurer’s prior written consent except as provided in extension 3.3.

Appears in 2 contracts

Sources: Directors and Officers Liability Insurance, Directors and Officers Liability Insurance Policy