Common use of Defense and Settlement Clause in Contracts

Defense and Settlement. In connection with the defense of any third party claims for which claims for indemnification have been made hereunder, each party will provide reasonable access to its and the Company's books and records as and to the extent required for the proper defense of such third party claim. Neither party shall consent to any settlement or purport to bind any other party to any settlement without the written consent of the other party.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Compass Plastics & Technologies Inc), Stock Purchase Agreement (Commercial Consolidators Corp), Agreement (Commodore Applied Technologies Inc)

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Defense and Settlement. In connection with the defense of any third party claims for which claims for indemnification have been made hereunder, each party will provide reasonable access to its and the CompanyCSL's books and records as and to the extent required for the proper defense of such third party claim. Neither party shall consent to any settlement or purport to bind any other party to any settlement without the written consent of the other party.

Appears in 2 contracts

Samples: Stock Purchase Agreement (CSL Lighting Manufacturing Inc), Stock Purchase Agreement (Interiors Inc)

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