Common use of Settlement of Losses Clause in Contracts

Settlement of Losses. If the Indemnified Party has assumed the defense of any claim by a third party which may give rise to indemnity hereunder pursuant to this Article 6, the Indemnified Party shall not settle, consent to the entry of a judgment of or compromise such claim without the prior written consent (which consent shall not be unreasonably withheld or delayed) of the Indemnifying Party.

Appears in 3 contracts

Samples: Membership Interest Purchase Agreement (Clearway Energy LLC), Membership Interest Purchase Agreement (Clearway Energy, Inc.), Membership Interest Purchase Agreement (Clearway Energy LLC)

AutoNDA by SimpleDocs

Settlement of Losses. If the Indemnified Party has assumed the defense of any claim by a third party which may give rise to indemnity hereunder pursuant to this Article 6Section 11.06(d), the Indemnified Party shall not settle, consent to the entry of a judgment of or compromise such claim without the prior written consent (which consent shall not be unreasonably withheld withheld, conditioned or delayed) of the Indemnifying Party.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Clearway Energy, Inc.)

Settlement of Losses. If the Indemnified Party has assumed the defense of any claim by a third party which may give rise to indemnity hereunder pursuant to this Article 6Section 12.06(d), the Indemnified Party shall not settle, consent to the entry of a judgment of or compromise such claim without the prior written consent (which consent shall not be unreasonably withheld or delayed) of the Indemnifying Party.

Appears in 1 contract

Samples: Purchase and Sale Agreement (NRG Energy, Inc.)

Settlement of Losses. If the Indemnified Party has assumed the defense of any claim by a third party which may give rise to indemnity hereunder pursuant to this Article 6hereunder, the Indemnified Party shall not settle, consent to the entry of a judgment of or compromise such claim without the prior written consent (which consent shall not be unreasonably withheld or delayed) of the Indemnifying Party.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (New Jersey Resources Corp)

AutoNDA by SimpleDocs

Settlement of Losses. If the Indemnified Party has assumed the defense of any claim by a third party which may give rise to indemnity hereunder pursuant to this Article 6Section 11.06(d), the Indemnified Party shall not settle, consent to the entry of a judgment of or compromise such claim without the prior written consent (which consent shall not be unreasonably withheld or delayed) of the Indemnifying Party.. 11.06 Rights of Indemnifying Party in the Defense of Third Party Claims. (a)

Appears in 1 contract

Samples: Purchase and Sale Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.