Common use of Settlement; Licenses Clause in Contracts

Settlement; Licenses. Neither Party shall enter into any settlement of any claim described in this Section 9.6 that affects the other Party’s rights or interests without such other Party’s written consent, which consent shall not be unreasonably withheld, conditioned or delayed. Each Party shall have the right to decline to defend or to tender defense of any such claim to the other Party upon reasonable notice, including if the other Party fails to agree to a settlement that such Party proposes.

Appears in 4 contracts

Samples: License Agreement (HilleVax, Inc.), License Agreement (HilleVax, Inc.), License Agreement (Phathom Pharmaceuticals, Inc.)

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Settlement; Licenses. Neither Party shall enter into any settlement of any claim described in this Section 9.6 10.6 that affects the other Party’s rights or interests without such other Party’s written consent, which consent shall not be unreasonably withheld, conditioned or delayed. Each Party shall have the right to decline to defend or to tender defense of any such claim to the other Party upon reasonable notice, including if the other Party fails to agree to a settlement that such Party proposes.

Appears in 1 contract

Samples: License Agreement (Rhythm Pharmaceuticals, Inc.)

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