Common use of Notice; Consent to Settlement Clause in Contracts

Notice; Consent to Settlement. It is a condition of indemnification or defense under this Section 9 that in the event that any third party asserts a claim or liability with respect to any matter for which a Party is entitled to indemnification hereunder, the indemnified Party gives prompt written notice to the indemnifying Party of such claim or liability. No settlement of an indemnified claim shall require an admission of liability or impose an affirmative obligation on a Party hereto, including an obligation to indemnify, without the written consent of the Party so affected. Consent shall not be unreasonably withheld.

Appears in 10 contracts

Samples: www.trumpf.com, www.trumpf.com, www.trumpf.com

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Notice; Consent to Settlement. It is a condition of indemnification or defense under this Section 9 10 that in the event that any third party asserts a claim or liability with respect to any matter for which a Party is entitled to indemnification hereunder, the indemnified Party gives prompt written notice to the indemnifying Party of such claim or liability. No settlement of an indemnified claim shall require an admission of liability or impose an affirmative obligation on a Party hereto, including an obligation to indemnify, without the written consent of the Party so affected. Consent shall not be unreasonably withheld.

Appears in 6 contracts

Samples: www.trumpf.com, www.trumpf.com, www.trumpf.com

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