Common use of Final Authority Clause in Contracts

Final Authority. The Parties shall cooperate in the defense of any such Claim and each shall make available all books and records which are relevant in connection with such claim or litigation. In connection with any Claim with respect to which the Indemnifying Party has assumed the defense or control, the Indemnifying Party will not consent to the entry of any judgment or enter into any settlement with respect to any matter which does not include a provision whereby the plaintiff or claimant in the matter releases the Indemnified Party from all liability with respect thereto, without the written consent of the Indemnified Party, which shall not be unreasonably withheld. In connection with any Claim with respect to which the Indemnifying Party has not assumed the defense or control, the Indemnified Party may not compromise or settle such Claim without the consent of the Indemnifying Party, which shall not be unreasonably withheld or delayed.

Appears in 6 contracts

Samples: Possession Loan Agreement, Securities Purchase Agreement (Perseus Partners Vii L P), Securities Purchase Agreement (Distributed Energy Systems Corp)

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Final Authority. The Parties shall cooperate in the defense of any such Claim claim or litigation and each shall make available all books and records which are relevant in connection with such claim or litigation. In connection with any Claim claim, suit or other proceeding with respect to which the Indemnifying Party has assumed the defense or control, the Indemnifying Party will not consent to the entry of any judgment or enter into any settlement with respect to any matter which does not include a provision whereby the plaintiff or claimant in the matter releases the Indemnified Party from all liability with respect thereto, without the written consent of the Indemnified Party, which shall not be unreasonably withheld. In connection with any Claim claim, suit or other proceeding with respect to which the Indemnifying Party has not assumed the defense or control, the Indemnified Party may not compromise or settle such Claim claim without the consent of the Indemnifying Party, which shall not be unreasonably withheld or delayedwithheld.

Appears in 5 contracts

Samples: Note Purchase Agreement (Uranerz Energy Corp.), Note Purchase Agreement (BELLUS Health Inc.), Note Purchase Agreement (BELLUS Health Inc.)

Final Authority. The Parties Each of the parties shall cooperate in the defense of any such Claim and each shall make available all books and records which are relevant in connection with such claim or litigation. In connection with any Claim claim, suit or other proceeding with respect to which the Indemnifying Party has assumed the defense or control, the Indemnifying Party will not consent to the entry of any judgment or enter into any settlement with respect to any matter which does not include a provision whereby the plaintiff or claimant in the matter releases the Indemnified Party from all liability with respect thereto, without the written consent of the Indemnified Party, which shall not be unreasonably withheld. In connection with any Claim claim, suit or other proceeding with respect to which the Indemnifying Party has not assumed the defense or control, the Indemnified Party may not compromise or settle such Claim claim without the consent of the Indemnifying Party, which shall not be unreasonably withheld or delayedwithheld.

Appears in 3 contracts

Samples: Securities Purchase Agreement (China New Energy Group CO), Convertible Preferred Stock Securities Purchase Agreement (China New Energy Group CO), Convertible Preferred Stock Securities Purchase Agreement (China New Energy Group CO)

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Final Authority. The Parties parties shall cooperate in the defense of any such Claim claim or litigation and each shall make available all books and records which are relevant in connection with such claim or litigation. In connection with any Claim claim, suit or other proceeding with respect to which the Indemnifying Party has assumed the defense or control, the Indemnifying Party will not consent to the entry of any judgment or enter into any settlement with respect to any matter which does not include a provision whereby the plaintiff or claimant in the matter releases the Indemnified Party from all liability with respect thereto, without the written consent of the Indemnified Party, which shall not be unreasonably withheld. In connection with any Claim claim, suit or other proceeding with respect to which the Indemnifying Party has not assumed the defense or control, the Indemnified Party may not compromise or settle such Claim claim without the consent of the Indemnifying Party, which shall not be unreasonably withheld or delayedwithheld.

Appears in 2 contracts

Samples: Note and Warrant Purchase Agreement (Pearl Frank H), Note and Warrant Purchase Agreement (Imageware Systems Inc)

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