Common use of Settlement of a Claim Clause in Contracts

Settlement of a Claim. For greater certainty, no admission of liability and no settlement of any Claim in a manner adverse to the Indemnified Party shall be made without the consent of the Indemnified Party, acting reasonably. No admission of liability shall be made by the Indemnified Party without the consent of the Corporation and the Corporation shall not be liable for any settlement of any Claim made without its consent, acting reasonably.

Appears in 12 contracts

Samples: Indemnity Agreement (Dirtt Environmental Solutions LTD), Indemnity Agreement (Dirtt Environmental Solutions LTD), Indemnity Agreement (Dirtt Environmental Solutions LTD)

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Settlement of a Claim. For greater certainty, no No admission of liability and no settlement of any Claim in a manner adverse to the Indemnified Party shall be made by the Corporation without the consent of the Indemnified Party, acting reasonably. No admission of liability shall be made by the Indemnified Party without the consent of the Corporation Corporation, acting reasonably, and the Corporation shall not be liable for any settlement of any Claim made without its consent, acting reasonably. The Corporation shall not enter into any settlement of any Claim unless such settlement provides for a full and final release of all claims asserted against the Indemnified Party.

Appears in 1 contract

Samples: Indemnity Agreement (Trillium Therapeutics Inc.)

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