Common use of No Settlement Without Consent Clause in Contracts

No Settlement Without Consent. Neither Party shall enter into any settlement of any claim, suit or proceeding under Sections 10.4.1, or 10.4.3 above which admits or concedes that any aspect of the Developed Technology or Base Technology licensed from the other Party is invalid or unenforceable without the prior written consent of such other Party.

Appears in 2 contracts

Samples: Collaboration and License Agreement (Pharmacopeia Inc), Stock Purchase Agreement (Pharmacopeia Drug Discovery Inc)

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No Settlement Without Consent. Neither Party shall enter into any settlement of any claim, suit or proceeding under Sections 10.4.1, or 10.4.3 above this Section 10.6 which admits or concedes that any aspect of the Collateral Base Technology, or Developed Technology or Base Technology licensed from the other Party is invalid or unenforceable without the prior written consent of such the other PartyParty which shall not be unreasonably withheld.

Appears in 2 contracts

Samples: License and Royalty Agreement (Collateral Therapeutics Inc), License and Royalty Agreement (Collateral Therapeutics Inc)

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No Settlement Without Consent. Neither Party shall enter into any settlement of any claim, suit or proceeding under Sections 10.4.17.4.1, 7.4.2 or 10.4.3 7.4.4 above which admits or concedes that any aspect of the Developed Technology, the other Party’s Base Technology or Base the Excluded Technology licensed from the other Party is invalid or unenforceable without the prior written consent of such the other Party.

Appears in 1 contract

Samples: Research and License Agreement (Ligand Pharmaceuticals Inc)

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