Settlement and Compromise. Buyer shall not settle or compromise any demands, claims, actions, suits or proceedings for which Seller has sought indemnification from Buyer unless it shall have given Seller not less than 15 days prior written notice of the proposed settlement or compromise and afforded Seller an opportunity to consult with Buyer regarding the proposed settlement or compromise.
Appears in 3 contracts
Samples: Asset Purchase Agreement (Cray Inc), Asset Purchase Agreement (Nutrition Medical Inc), Asset Purchase Agreement (Galagen Inc)
Settlement and Compromise. Buyer Seller shall not settle or compromise any demands, claims, actions, suits or proceedings for which Seller Buyer has sought indemnification from Buyer Seller unless it shall have given Seller Buyer not less than 15 days prior written notice of the proposed settlement or compromise and afforded Seller Buyer an opportunity to consult with Buyer Seller regarding the proposed settlement or compromise.
Appears in 3 contracts
Samples: Asset Purchase Agreement (Cray Inc), Asset Purchase Agreement (Galagen Inc), Asset Purchase Agreement (Nutrition Medical Inc)
Settlement and Compromise. Buyer shall not settle or compromise any demands, claims, actions, suits or proceedings for which Seller has sought indemnification from Buyer unless it shall have given Seller not less than 15 fifteen (15) days prior written notice of the proposed settlement or compromise and afforded Seller an opportunity to consult with Buyer regarding the proposed settlement or compromise.
Appears in 1 contract
Settlement and Compromise. Buyer shall not settle or compromise ------------------------- any demands, claims, actions, suits or proceedings for which Seller has sought indemnification from Buyer unless it shall have given Seller not less than 15 days prior written notice of the proposed settlement or compromise and afforded Seller an opportunity to consult with Buyer regarding the proposed settlement or compromise.
Appears in 1 contract
Settlement and Compromise. Buyer Seller shall not settle or compromise ------------------------- any demands, claims, actions, suits or proceedings for which Seller Buyer has sought indemnification from Buyer Seller unless it shall have given Seller Buyer not less than 15 days prior written notice of the proposed settlement or compromise and afforded Seller Buyer an opportunity to consult with Buyer Seller regarding the proposed settlement or compromise.
Appears in 1 contract
