Common use of Settlement of Actions Clause in Contracts

Settlement of Actions. No party managing an Action pursuant to Section 6.11 or Section 6.12(b) shall settle or compromise such Action without the prior written consent of the other party (not to be unreasonably withheld, conditioned or delayed) if such settlement or compromise would result in any non-monetary remedy or relief being imposed upon any member of the other party’s Group.

Appears in 4 contracts

Samples: Separation and Distribution Agreement, Separation and Distribution Agreement (Hewlett Packard Enterprise Co), Separation and Distribution Agreement (Hp Inc)

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Settlement of Actions. No party Party managing an Action pursuant to Section 6.11 6.10 shall consent to entry of any judgment or Section 6.12(b) shall settle enter into any settlement of or compromise any such Action without the prior written consent of the other party Party (not to be unreasonably withheld, conditioned or delayed) if such entry of judgment or such settlement or compromise would result in any non-monetary remedy or relief being imposed upon any member of the other partyParty’s Group.

Appears in 3 contracts

Samples: Separation and Distribution Agreement, Separation and Distribution Agreement (Xerox Corp), Separation and Distribution Agreement (CONDUENT Inc)

Settlement of Actions. No party Party managing an Action pursuant to Section 6.11 or Section 6.12(b) 4.12 shall settle or compromise such Action without the prior written consent of the other party a Party (not to be unreasonably withheld, conditioned or delayed) if such settlement or compromise would result in any non-monetary remedy or relief being imposed upon any member of the such other partyParty’s Group (or any of such Group’s respective past, present or future directors, officers or employees).

Appears in 3 contracts

Samples: Separation and Distribution Agreement (Yum Brands Inc), Separation and Distribution Agreement (Yum China Holdings, Inc.), Separation and Distribution Agreement (Yum China Holdings, Inc.)

Settlement of Actions. No party Party managing an Action pursuant to Section 6.11 or Section 6.12(b) shall 4.11 will settle or compromise such Action without the prior written consent of the other party Party (not to be unreasonably withheld, conditioned or delayed) if such settlement or compromise would result in any non-monetary remedy or relief being imposed upon any member of the such other partyParty’s Group (or any of such Group’s respective past, present or future directors, officers, employees, other personnel or agents).

Appears in 2 contracts

Samples: Separation and Distribution Agreement (Cognyte Software Ltd.), Separation and Distribution Agreement (Cognyte Software Ltd.)

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Settlement of Actions. No party Party managing an Action pursuant to Section 6.11 or Section 6.12(b) shall settle or compromise such Action without the prior written consent of the other party Party (not to be unreasonably withheld, conditioned or delayed) ), except that if the Party managing the Action is indemnifying the other Party, such managing Party may nevertheless settle such Action without such consent, unless such settlement or compromise would result in any non-monetary remedy or relief being imposed upon any member of the other partyParty’s Group.

Appears in 1 contract

Samples: Separation and Distribution Agreement (Hewlett Packard Enterprise Co)

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