SETTLEMENT OR Sample Clauses
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SETTLEMENT OR. COMPROMISE Any settlement or compromise made or caused to be made by the indemnified party or the indemnifying party, as the case may be, of any such claim, suit, action or proceeding of the kind referred to in Section 8.4 shall also be binding upon the indemnifying party or the indemnified party, as the case may be, in the same manner as if a final judgment or decree was entered by a court of competent jurisdiction in the amount of such settlement or compromise. No party shall settle or compromise any claim, suit, action or proceeding without the prior written consent of the other parties hereto, which consent shall not be unreasonably withheld.
SETTLEMENT OR. Compromise No settlement or compromise of a claim subject to this indemnification provision will be binding on Sponsor without Sponsor’s prior written consent. Sponsor will not unreasonably withhold such consent of a settlement or compromise. Neither Party will admit fault on behalf of the other Party without the written approval of that Party. Vyrovnání nebo kompromis Žádné vyrovnání ani kompromis nároku, na nějž se toto odškodnění vztahuje, nebude pro zadavatele závazný bez zadavatelova předchozího písemného souhlasu. Zadavatel tento souhlas s vyrovnáním nebo kompromisem neodepře bezdůvodně. Žádná smluvní strana nepřijme odpovědnost jménem druhé smluvní strany bez písemného souhlasu dané smluvní strany.