Common use of Settlement Clause in Contracts

Settlement. With respect to any Third Party Claims that relate solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any manner, and as to which the indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will have the sole right to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i), the indemnifying Party will have authority to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such consent not to be unreasonably withheld, delayed or conditioned). The indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will admit any liability with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 10 contracts

Samples: License Agreement (2seventy Bio, Inc.), License Agreement (Bluebird Bio, Inc.), License Agreement (2seventy Bio, Inc.)

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Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s 's becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party in any manner, and as to which the indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i10.3.2(a), the indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed withheld or conditioneddelayed). The indemnifying Party will shall not be liable for any settlement or other disposition of a Loss by an Indemnified indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified indemnified Party will shall admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 8 contracts

Samples: License and Development Agreement (Hana Biosciences Inc), License and Development Agreement (Hana Biosciences Inc), License and Development Agreement (Novadel Pharma Inc)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified PartyIndemnitee’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party Indemnitee in any manner, and as to which the indemnifying Indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party Indemnitee hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will deem appropriate, and will transfer to the Indemnified Party all amounts which said Indemnified Party will be liable to pay prior to the time prior to the entry of judgment. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i13.3.2 (Control of Defense), the indemnifying Indemnifying Party will have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent not to will be unreasonably withheld, delayed or conditionedat the Indemnified Party’s sole and absolute discretion). The indemnifying Indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party Indemnitee that is reached without the prior written consent of the indemnifying Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party Indemnitee will admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 6 contracts

Samples: Collaboration and License Agreement (Horizon Pharma, Inc.), Collaboration and License Agreement (Pozen Inc /Nc), Collaboration and License Agreement (Pozen Inc /Nc)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified PartyIndemnitee’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party Indemnitee in any manner, and as to which the indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party Indemnitee hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Lossloss, on such terms as the indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i10.3.2(a), the indemnifying Party will have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss loss provided it obtains the prior written consent of the Indemnified Party (such which consent will not to be unreasonably withheld, delayed withheld or conditioneddelayed). The indemnifying Party will not be liable for any settlement or other disposition of a Loss loss by an Indemnified Party Indemnitee that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party Indemnitee will admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 6 contracts

Samples: Collaboration and License Agreement (Oncogenex Technologies Inc), Collaboration and License Agreement (Oncogenex Technologies Inc), Collaboration and License Agreement (Oncogenex Technologies Inc)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s Indemnitee's becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party Indemnitee in any manner, and as to which the indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party Indemnitee hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i9.3.2(a), the indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed withheld or conditioneddelayed). The indemnifying Party will shall not be liable for any settlement or other disposition of a Loss by an Indemnified Party Indemnitee that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will Indemnitee shall admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 6 contracts

Samples: Collaboration Agreement (Seattle Genetics Inc /Wa), Collaboration Agreement (Seattle Genetics Inc /Wa), Collaboration Agreement (Decode Genetics Inc)

Settlement. With respect to any Third Party Claims that relate solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any manner, and as to which the indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will have the sole right to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i14.5(d)(i), the indemnifying Party will have authority to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such consent not to be unreasonably withheld, delayed or conditioned). The indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will admit any liability with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 6 contracts

Samples: Collaboration and License Agreement (Moderna, Inc.), Collaboration and License Agreement (Moderna, Inc.), Collaboration and License Agreement

Settlement. With respect to any Third The Indemnifying Party Claims that relate solely to the payment of money damages in connection with a Third Party Claim and that will shall not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any manner, and as to which the indemnifying Party will have acknowledged in writing the obligation be required to indemnify the Indemnified Party hereunderwith respect to any amounts paid in settlement of any third-party suit, action, proceeding or investigation entered into without the written consent of the Indemnifying Party; provided, however, that if the Indemnified Party is a Parent Indemnified Party, such third-party suit, action, proceeding or investigation may be settled without the consent of the Indemnifying Party on 10 days' prior written notice to the Indemnifying Party if such third-party suit, action, proceeding or investigation is then unreasonably interfering with the business or operations of the Company or the Surviving Corporation and the settlement is commercially reasonable under the circumstances; and provided further, that if the Indemnifying Party gives 10 days' prior written notice to the Indemnified Party of a settlement offer which the Indemnifying Party desires to accept and to pay all Losses with respect thereto ("Settlement Notice") and the Indemnified Party fails or refuses to consent to such settlement within 10 days after delivery of the Settlement Notice to the Indemnified Party, and subject to such settlement otherwise complies with the Litigation Conditions being satisfiedprovisions of this Section 6.4, the indemnifying Indemnifying Party shall not be liable for Losses arising from such third-party suit, action, proceeding or investigation in excess of the amount proposed in such settlement offer. Notwithstanding the foregoing, no Indemnifying Party will have the sole right to agree consent to the entry of any judgment, judgment or enter into any settlement or otherwise dispose of such Loss, on such terms as without the indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i), the indemnifying Party will have authority to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (Party, if such consent not to be unreasonably withheld, delayed judgment or conditioned). The indemnifying Party will not be liable for settlement imposes any settlement obligation or other disposition of a Loss by an liability upon the Indemnified Party that is reached without other than the prior written consent execution, delivery or approval thereof and customary releases of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will admit any liability claims with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditionedsubject matter thereof.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Group Maintenance America Corp), Agreement and Plan of Merger (Group Maintenance America Corp), Agreement and Plan of Merger (Group Maintenance America Corp)

Settlement. With respect to any Third Party Claims that relate relating solely to the payment of money damages in connection with a Third Party Claim and that will not admit liability or violation of Law on the part of the Indemnified Party or result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any mannermanner (such as granting a license or admitting the invalidity of a Patent Controlled by an Indemnified Party), and as to which the indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)11.4.1, the indemnifying Party will have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent will not to be unreasonably withheld, delayed or conditioned). The indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will admit any liability with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 5 contracts

Samples: Collaboration and License Agreement (Regulus Therapeutics Inc.), Collaboration and License Agreement (Isis Pharmaceuticals Inc), Collaboration and License Agreement (Regulus Therapeutics Inc.)

Settlement. With respect The Indemnifying Party shall not be required to any Third Party Claims that relate solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any manner, and as to which the indemnifying Party will have acknowledged in writing the obligation to ---------- indemnify the Indemnified Party hereunderwith respect to any amounts paid in settlement of any third-party suit, action, proceeding or investigation entered into without the written consent of the Indemnifying Party; provided, however, that if the Indemnified Party is a Parent Indemnified Party, such third-party suit, action, proceeding or investigation may be settled without the consent of the Indemnifying Party on 10 days' prior written notice to the Indemnifying Party if such third-party suit, action, proceeding or investigation is then unreasonably interfering with the business or operations of the Company or the Surviving Corporation and the settlement is commercially reasonable under the circumstances; and provided further, that if the Indemnifying Party gives 10 days' prior written notice to the Indemnified Party of a settlement offer which the Indemnifying Party desires to accept and to pay all Losses with respect thereto ("Settlement Notice") and the Indemnified Party fails or refuses to ----------------- consent to such settlement within 10 days after delivery of the Settlement Notice to the Indemnified Party, and subject to such settlement otherwise complies with the Litigation Conditions being satisfiedprovisions of this Section 6.4, the indemnifying Indemnifying Party shall not be liable for Losses arising from such third-party suit, action, proceeding or investigation in excess of the amount proposed in such settlement offer. Notwithstanding the foregoing, no Indemnifying Party will have the sole right to agree consent to the entry of any judgment, judgment or enter into any settlement or otherwise dispose of such Loss, on such terms as without the indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i), the indemnifying Party will have authority to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (Party, if such consent not to be unreasonably withheld, delayed judgment or conditioned). The indemnifying Party will not be liable for settlement imposes any settlement obligation or other disposition of a Loss by an liability upon the Indemnified Party that is reached without other than the prior written consent execution, delivery or approval thereof and customary releases of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will admit any liability claims with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditionedsubject matter thereof.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Group Maintenance America Corp), Agreement and Plan of Merger (Group Maintenance America Corp), Agreement and Plan of Merger (Group Maintenance America Corp)

Settlement. With respect to any Third Party Claims that relate Loss relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business or reputation of the Indemnified Party in any manner, and as to which the indemnifying Indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement settlement, or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i7.3(b), the indemnifying Indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement settlement, or otherwise dispose of such Loss Loss; provided that it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed withheld or conditioneddelayed). The indemnifying Indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached shall not, without the prior written consent of the indemnifying Indemnified Party. Regardless of whether the indemnifying Party chooses , agree to defend any settlement or prosecute acquiesce to any Third Party Claim, no Indemnified Party will admit any liability judgment with respect to a Claim that obligates the Indemnified Party to pay any amount subject to indemnification by the Indemnifying Party or settle, compromise causes the Indemnified Party to admit to any civil or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditionedcriminal liability.

Appears in 5 contracts

Samples: Technical Transfer and Service Agreement (Flexion Therapeutics Inc), Technical Transfer and Service Agreement (Flexion Therapeutics Inc), Technical Transfer and Service Agreement (Pacira Pharmaceuticals, Inc.)

Settlement. With respect to any Third Party Claims Claim for which the Indemnifying Party has assumed the defense of such Third Party Claim in accordance with Section 11.3.2 that relate relates solely to the payment of money damages in connection with a such Third Party Claim and that will not result in the Indemnified Party’s any AbbVie Indemnitee or Morphic Indemnitee, as applicable, becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any mannerrelief, and as to which the indemnifying Indemnifying Party will have has acknowledged in writing the obligation to indemnify the Indemnified Party all AbbVie Indemnitees or Morphic Indemnitees, as applicable, hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such LossThird Party Claim, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will shall deem appropriate; provided, that the Indemnifying Party may not enter into any compromise or settlement without the prior written consent of the Indemnified Party unless such compromise or settlement includes as an unconditional term thereof, the giving by each claimant or plaintiff to the Indemnified Party and all AbbVie Indemnitees or Morphic Indemnitees, as applicable, a release from all liability in respect of such Third Party Claim. With respect to all other Losses in connection with Third Party Claims, where Claims for which the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)11.3.2, the indemnifying Indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided Third Party Claim; provided, that it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheldconditioned, delayed withheld or conditioneddelayed). The indemnifying If the Indemnifying Party will has assumed the defense of a Third Party Claim in accordance with Section 11.3.2, the Indemnifying Party shall not be liable for any settlement or other disposition of a Loss such Third Party Claim by an Indemnified Party AbbVie Indemnitee or a Morphic Indemnitee, as applicable, that is reached without the prior written consent of the indemnifying Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no the Indemnified Party will shall not, and the Indemnified Party shall ensure that each AbbVie Indemnitee or Morphic Indemnitee, as applicable, does not, admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim for which it has or intends to seek indemnification under Section 11.1 or Section 11.2, as applicable, without the prior written consent of the indemnifying Party, such Indemnifying Party (which consent shall not to be unreasonably withheldconditioned, delayed withheld or conditioneddelayed). CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY [***], HAS BEEN OMITTED BECAUSE IT IS NOT MATERIAL AND WOULD LIKELY CAUSE COMPETITIVE HARM TO THE COMPANY IF PUBLICLY DISCLOSED.

Appears in 4 contracts

Samples: Collaboration and Option Agreement (Morphic Holding, Inc.), Collaboration and Option Agreement (Morphic Holding, Inc.), Collaboration and Option Agreement (Morphic Holding, Inc.)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party in any manner, and as to which the indemnifying Indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i7.3(b)(i), the indemnifying Indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss Loss; provided that it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed conditioned or conditioneddelayed). The indemnifying Indemnifying Party will shall not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will shall admit any liability with respect to to, or settle, compromise or dischargedispose of, any Third Party Claim without the prior written consent of the indemnifying Party, such Indemnifying Party (which consent shall not to be unreasonably withheld, delayed conditioned or conditioneddelayed).

Appears in 4 contracts

Samples: Manufacturing and Supply Agreement (Salix Pharmaceuticals LTD), Supply Agreement (Salix Pharmaceuticals LTD), And Supply Agreement (Salix Pharmaceuticals LTD)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s Indemnitee becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party Indemnitee in any manner, and as to which the indemnifying Indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party Indemnitee hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole reasonable discretion, will deem appropriateappropriate (provided, however, that such terms shall include a complete and unconditional release of the Indemnified Party from all liability with respect thereto), and will transfer to the Indemnified Party all amounts which said Indemnified Party will be liable to pay prior to the time of the entry of judgment. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)clause 19.8.2, the indemnifying Indemnifying Party will have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss Loss, provided it obtains the prior written consent of the Indemnified Party (such which consent not to will be unreasonably withheld, delayed or conditionedat the Indemnified Party’s reasonable discretion). The indemnifying Indemnifying Party that has assumed the defense of (and continues to defend) the Claim in accordance with clause 19.8.2 will not be liable for any settlement or other disposition of a Loss by an Indemnified Party Indemnitee that is reached without the prior written consent of the indemnifying such Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party Indemnitee will admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without first offering to the prior written consent Indemnifying Party the opportunity to assume the defense of the indemnifying Party, such consent not Claim in accordance with clause 19.8.2. [***] Certain information has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to be unreasonably withheld, delayed or conditionedomitted portions.

Appears in 4 contracts

Samples: Distribution Agreement (TiGenix NV), Distribution Agreement (TiGenix NV), Distribution Agreement (TiGenix NV)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified PartyIndemnitee’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party Indemnitee in any manner, and as to which the indemnifying Indemnifying Party will have has acknowledged in writing the obligation to indemnify the Indemnified Party Indemnitee hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will deem appropriate. The Indemnifying Party will pay all amounts on behalf of the Indemnified Party at or prior to the time of the entry of judgment. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i14.3(b), the indemnifying Indemnifying Party will have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent not to will be unreasonably withheld, delayed or conditionedat the Indemnified Party’s sole and absolute discretion). The indemnifying Indemnifying Party that has assumed the defense of the Third Party Claim in accordance with Section 14.3(b) will not be liable for any settlement or other disposition of a Loss by an Indemnified Party Indemnitee that is reached without the prior written consent of the indemnifying such Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party Indemnitee will admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without first offering to the prior written consent Indemnifying Party the opportunity to assume the defense of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditionedThird Party Claim in accordance with Section 14.3(b).

Appears in 4 contracts

Samples: , Development and Commercialization Agreement (Revolution Medicines, Inc.), License and Collaboration Agreement (MyoKardia Inc), License and Collaboration Agreement (MyoKardia Inc)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s Indemnitee's becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party Indemnitee in any manner, and as to which the indemnifying Indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party Indemnitee hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will deem appropriate, and will transfer to the Indemnified Party all amounts which said Indemnified Party will be liable to pay prior to the entry of judgment. With respect to all other Losses in connection with a Third Party ClaimsClaim, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i17.3.2(a), the indemnifying Indemnifying Party will have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent not to will be unreasonably withheld, delayed or conditionedat the Indemnified Party's sole and absolute discretion). The indemnifying Indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party Indemnitee that is reached without the prior written consent of the indemnifying Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party Indemnitee will admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 4 contracts

Samples: Therapy Manufacturing Agreement (Ortec International Inc), Ortec International Inc, Ortec International Inc

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party in any manner, and as to which the indemnifying Indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i12.3(b)(i), the indemnifying Indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided that it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed withheld or conditioneddelayed). The indemnifying Indemnifying Party will shall not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will shall admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such Indemnifying Party (which consent shall not to be unreasonably withheld, delayed withheld or conditioneddelayed).

Appears in 4 contracts

Samples: Feasibility, Development and Commercialization Agreement (Auto Search Cars, Inc.), Feasibility, Development and Commercialization Agreement (Auto Search Cars, Inc.), Feasibility, Development and Commercialization Agreement (Auto Search Cars, Inc.)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party in any manner, and as to which the indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i6.3.2(a), the indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed withheld or conditioneddelayed). The indemnifying Party will shall not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will shall admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 3 contracts

Samples: Exclusive License and Distribution Agreement (MITU Resources Inc.), Exclusive Distribution Agreement (Emergent BioSolutions Inc.), Exclusive License and Distribution Agreement (MITU Resources Inc.)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified PartyIndemnitee’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party Indemnitee in any manner, and as to which the indemnifying Indemnifying Party will have has acknowledged in writing the obligation to indemnify the Indemnified Party Indemnitee hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will deem appropriate. The Indemnifying Party will pay all amounts on behalf of the Indemnified Party at or prior to the time of the entry of judgment. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)14.4, the indemnifying Indemnifying Party will have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent not to will be unreasonably withheld, delayed or conditionedat the Indemnified Party’s sole and absolute discretion). The indemnifying Indemnifying Party that has assumed the defense of the Third Party Claim in accordance with Section 14.4 will not be liable for any settlement or other disposition of a Loss by an Indemnified Party Indemnitee that is reached without the prior written consent of the indemnifying such Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party Indemnitee will admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without first offering to the prior written consent Indemnifying Party the opportunity to assume the defense of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditionedThird Party Claim in accordance with Section 14.5.

Appears in 3 contracts

Samples: Collaboration and License Agreement (Micromet, Inc.), Collaboration and License Agreement (Micromet, Inc.), Collaboration and License Agreement (Micromet, Inc.)

Settlement. With respect to any Third Party Claims that relate solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any manner, and as to which the indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party CERTAIN CONFIDENTIAL PORTIONS OF THIS EXHIBIT WERE OMITTED AND REPLACED WITH “[***]”. A COMPLETE VERSION OF THIS EXHIBIT HAS BEEN FILED SEPARATELY WITH THE SECRETARY OF THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO AN APPLICATION REQUESTING CONFIDENTIAL TREATMENT PURSUANT TO RULE 406 PROMULGATED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will have the sole right to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i11.6(d)(i), the indemnifying Party will have authority to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such consent not to be unreasonably withheld, delayed or conditioned). The indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will admit any liability with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 3 contracts

Samples: License Agreement (Bluebird Bio, Inc.), License Agreement (Bluebird Bio, Inc.), License Agreement (Bluebird Bio, Inc.)

Settlement. With respect Notwithstanding Section 6.4(a), the Filing Party may resolve, settle or agree to any Third Party Claims that relate solely to the payment of money damages deficiency, claim or adjustment proposed, asserted or assessed in connection with any Audit of any Tax Return that it is responsible for filing under Section 2.1 of this Agreement if the Filing Party has provided the Non-Filing Party with a Third Party Claim and reasonable opportunity to review a copy of that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business portion of the Indemnified settlement or compromise proposal which relates to the claim for which the Filing Party is seeking indemnification hereunder; provided, that if (a) the Filing Party fails to provide the Non-Filing Party such a reasonable opportunity to review such portion of such proposal, or (b) after such reasonable opportunity to review such proposal the Non-Filing Party in any mannerwriting reasonably withholds its consent to all or part of such settlement or compromise proposal, and then, unless the Filing Party was not required to continue the applicable contest under the terms of Section 6.4(a), the Non-Filing Party shall not be obligated to indemnify the Filing Party hereunder to the extent of the amount attributable to the loss to which such settlement or compromise relates as to which the indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will have the sole right to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Non-Filing Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)reasonably withheld its consent, the indemnifying Party will have authority to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such consent not to be unreasonably withheld, delayed or conditioned). The indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will admit any liability with respect to any other loss for which a successful contest is foreclosed because of such settlement or settlecompromise as to which the Non-Filing Party has reasonably withheld its consent. If the Filing Party effects a settlement or compromise of such contest, notwithstanding that the Non-Filing Party has reasonably withheld its consent thereto, the Filing Party shall repay to the Non-Filing Party such amounts that the Non-Filing Party advanced pursuant to clause (a)(4) of this Section 6.4 hereof as relate to such claim, to the extent that the Non-Filing Party has reasonably withheld its consent to the settlement or compromise or discharge, thereof (together with interest at the prime rate as published in the Wall Street Journal on any Third such amount paid by the Non-Filing Party Claim without from the prior written consent of date paid by Lessee to the indemnifying date repaid by the Filing Party, such consent not to be unreasonably withheld, delayed or conditioned).

Appears in 3 contracts

Samples: Tax Allocation Agreement (Centerpoint Energy Inc), Tax Allocation Agreement (Texas Genco Holdings Inc), Tax Allocation Agreement (Texas Genco Holdings Inc)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s 's becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party in any manner, and as to which the indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(iArticle 10.3.2(a), the indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed withheld or conditioneddelayed). The indemnifying Party will shall not be liable for any settlement or other disposition of a Loss by an Indemnified indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified indemnified Party will shall admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 3 contracts

Samples: License and Development Agreement (Velcera, Inc.), License and Development Agreement (Velcera, Inc.), License and Development Agreement (Novadel Pharma Inc)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will shall not result in the Indemnified PartyIndemnitee’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party Indemnitee in any manner, and as to which the indemnifying Indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party Indemnitee hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole reasonable discretion, will shall deem appropriateappropriate (provided, however that such terms shall include a complete and unconditional release of the Indemnified Party from all liability with respect thereto), and shall transfer to the Indemnified Party all amounts which said Indemnified Party shall be liable to pay prior to the time of the entry of judgment. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)11.4, the indemnifying Indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent not to shall be unreasonably withheld, delayed or conditionedat the Indemnified Party’s reasonable discretion). The indemnifying Indemnifying Party will that has assumed the defense of the Third Party Claim in accordance with Section 11.4 shall not be liable for any settlement or other disposition of a Loss by an Indemnified Party Indemnitee that is reached without the prior written consent of the indemnifying such Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will Indemnitee shall admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without first offering to the prior written consent 16 Indemnifying Party the opportunity to assume the defense of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditionedThird Party Claim in accordance with Section 11.4.

Appears in 3 contracts

Samples: Supply Agreement (Barr Pharmaceuticals Inc), Supply Agreement (Shire PLC), Supply Agreement (Barr Pharmaceuticals Inc)

Settlement. With respect to any Third Party Claims that relate relating solely to the payment of money damages in connection with a Third Party Claim and that will not admit liability or violation of Law on the part of the Indemnified Party or result in the Indemnified Party’s becoming subject to injunctive or other * ***Confidential Treatment Requested relief or otherwise adversely affecting the business of the Indemnified Party in any mannermanner (such as granting a license or admitting the invalidity of a Patent Right Controlled by an Indemnified Party), and as to which the indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)10.4.1, the indemnifying Party will have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent will not to be unreasonably withheld, delayed or conditioned). The indemnifying Party will not be liable for any settlement settlement, consent to entry of judgment, or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will admit any liability with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 3 contracts

Samples: Option and License Agreement (Akcea Therapeutics, Inc.), Option and License Agreement (Akcea Therapeutics, Inc.), Option and License Agreement (Akcea Therapeutics, Inc.)

Settlement. With respect to any Third Party Claims that relate solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any manner, and as to which the indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will have the sole right to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i8.5(d)(i), the indemnifying Party will have authority to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such consent not to be unreasonably withheld, delayed or conditioned). The indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will admit any liability with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 3 contracts

Samples: Services and Collaboration Agreement (Moderna, Inc.), Services and Collaboration, Services and Collaboration Agreement (Moderna, Inc.)

Settlement. With respect to any Third Party Claims that relate Losses (i) relating solely to the payment of money damages in connection with a Third Party Claim and Claim, (ii) that will not result in the Indemnified Party’s Party becoming subject to injunctive or other relief or otherwise adversely affecting affect the business or reputation of the Indemnified Party in any manner, and (iii) as to which the indemnifying Indemnifying Party will have has acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement settlement, or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i9.3(b), the indemnifying Indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement settlement, or otherwise dispose of such Loss Loss; provided that it obtains the prior written consent of the Indemnified Party (such Party, which consent shall not to be unreasonably withheld, delayed withheld or conditioned)delayed. The indemnifying Indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached shall not, without the prior written consent of the indemnifying Indemnified Party. Regardless of whether the indemnifying Party chooses , agree to defend any settlement or prosecute acquiesce to any Third Party Claim, no Indemnified Party will admit any liability judgment with respect to a Claim that obligates the Indemnified Party to pay any amount subject to indemnification by the Indemnifying Party or settle, compromise causes the Indemnified Party to admit to any civil or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditionedcriminal liability.

Appears in 3 contracts

Samples: Manufacturing and Supply Agreement (Flexion Therapeutics Inc), Amendment Agreement (Pacira BioSciences, Inc.), Manufacturing and Supply Agreement (Flexion Therapeutics Inc)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party in any manner, and as to which the indemnifying Indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)12.3.2.1, the indemnifying Indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed withheld or conditioneddelayed). The indemnifying Indemnifying Party will shall not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will shall admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 3 contracts

Samples: License and Sublicense Agreement (Eagle Pharmaceuticals, Inc.), License and Sublicense Agreement (Eagle Pharmaceuticals, Inc.), License and Sublicense Agreement (Eagle Pharmaceuticals, Inc.)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified PartyIndemnitee’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party Indemnitee in any manner, and as to which the indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party Indemnitee hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)8.3.2.1, the indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed withheld or conditioneddelayed). The indemnifying Party will shall not be liable for any settlement or other disposition of a Loss by an Indemnified Party Indemnitee that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will Indemnitee shall admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 3 contracts

Samples: Assignment and License Agreement (Celldex Therapeutics Inc), Assignment and License Agreement (Avant Immunotherapeutics Inc), Assignment and License Agreement (Celldex Therapeutics Inc)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will shall not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any manner, and as to which the indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)13.4.1, the indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided Loss; provided, that it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed conditioned or conditioneddelayed). The If the indemnifying Party will does not be liable for any settlement or other disposition assume and conduct the defense of a Loss by an Third Party Claim as provided above, the Indemnified Party that is reached without the prior written consent of the indemnifying Partymay defend against such Third Party Claim. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will shall admit any liability with respect to to, or settle, compromise or dischargedispose of, any Third Party Claim without the prior written consent of the indemnifying Party, such which consent shall not to be unreasonably withheld, delayed conditioned or conditioneddelayed. The indemnifying Party shall not be liable for any settlement, compromise or other disposition of a Loss by an Indemnified Party that is reached without the written consent of the indemnifying Party, which consent shall not be unreasonably withheld, conditioned or delayed.

Appears in 3 contracts

Samples: License and Collaboration Agreement (Denali Therapeutics Inc.), License and Collaboration Agreement (Spring Bank Pharmaceuticals, Inc.), License and Collaboration Agreement (Denali Therapeutics Inc.)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s Indemnitee becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party Indemnitee in any manner, and as to which the indemnifying Indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party Indemnitee hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole reasonable discretion, will deem appropriateappropriate (provided, however, that such terms shall include a complete and unconditional release of the Indemnified Party from all liability with respect thereto), and will transfer to the Indemnified Party all amounts which said Indemnified Party will be liable to pay prior to the time of the entry of judgment. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)11.3.2, the indemnifying Indemnifying Party will have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss Loss, provided it obtains the prior written consent of the Indemnified Party (such which consent not to will be unreasonably withheld, delayed or conditionedat the Indemnified Party’s reasonable discretion). The indemnifying Indemnifying Party that has assumed the defense of (and continues to defend) the Third Party Claim in accordance with Section 11.3.2 will not be liable for any settlement or other disposition of a Loss by an Indemnified Party Indemnitee that is reached without the prior written consent of the indemnifying such Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party Indemnitee will admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without first offering to the prior written consent Indemnifying Party the opportunity to assume the defense of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditionedThird Party Claim in accordance with Section 11.3.2.

Appears in 3 contracts

Samples: License, Development and Commercialization Agreement (Onyx Pharmaceuticals Inc), Development and License Agreement (Auxilium Pharmaceuticals Inc), Development and License Agreement (Auxilium Pharmaceuticals Inc)

Settlement. With respect to any Third Party Claims that relate solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any manner, and as to which the indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will have the sole right to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i), the indemnifying Party will have authority to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such consent not to be unreasonably withheld, delayed or conditioned). The indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will admit any liability with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 3 contracts

Samples: Development and Option Agreement (Arcturus Therapeutics Ltd.), License Agreement (BioNTech SE), Development and Option Agreement (CureVac B.V.)

Settlement. With respect to any Third Party Claims that relate relating solely to the payment of money damages in connection with a Third Party Claim and that will shall not result in the Indemnified Party’s any Sanofi Indemnitee or Licensee Indemnitee, as applicable, becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party any Sanofi Indemnitee or Licensee Indemnitee, as applicable, in any manner, manner and as to which the indemnifying Indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party such Sanofi Indemnitee or Licensee Indemnitee, as applicable, hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such LossThird Party Claim, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)11.4.1, the indemnifying Indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss Third Party Claim, provided that it obtains the prior written consent of the Indemnified Party (such consent not to be unreasonably withheldconditioned, delayed withheld or conditioneddelayed). The indemnifying Indemnifying Party will shall not be liable for any settlement or other disposition of a Loss Third Party Claim by an Indemnified Party a Sanofi Indemnitee or a Licensee Indemnitee that is reached without the prior written consent of the indemnifying Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no the Indemnified Party will shall not, and the Indemnified Party shall ensure that each Sanofi Indemnitee or Licensee Indemnitee, as applicable, does not, admit any liability with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Indemnifying Party, such consent not to be unreasonably withheldconditioned, delayed withheld or conditioneddelayed.

Appears in 3 contracts

Samples: License Agreement (Global Blood Therapeutics, Inc.), License Agreement (First Wave BioPharma, Inc.), License Agreement (Alto Neuroscience, Inc.)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s Party (i) becoming subject to injunctive or other relief or otherwise adversely affecting the business (ii) admitting any breach or violation of the Indemnified Party in any manner, and as to which the indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfiedcontract or law, the indemnifying Indemnifying Party will have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole reasonable discretion, will deem appropriateappropriate (provided, however, that such terms shall include a complete and unconditional release of the Indemnified Party from all liability with respect thereto). With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i10.3(b), the indemnifying Indemnifying Party will have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided Loss; provided, it obtains the prior written consent of the Indemnified Party (such which consent will be not to be unreasonably withheld, delayed conditioned or conditioneddelayed). The indemnifying Indemnifying Party that has assumed the defense of (and continues to defend) the Third Party Claim in accordance with Section 10.3(b) will not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying such Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without first offering to the prior written consent Indemnifying Party the opportunity to assume the defense of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditionedThird Party Claim in accordance with Section 10.3(b).

Appears in 3 contracts

Samples: License Agreement (BioPharmX Corp), License and Collaboration Agreement (Viela Bio, Inc.), License and Collaboration Agreement (Viela Bio, Inc.)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified PartyIndemnitee’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party Indemnitee in any manner, and as to which the indemnifying Indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party Indemnitee hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole reasonable discretion, will deem appropriateappropriate (provided, however that such terms shall include a complete and unconditional release of the Indemnified Party from all liability with respect thereto), and will transfer to the Indemnified Party all amounts which said Indemnified Party will be liable to pay prior to the time of the entry of judgment. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)15.3, the indemnifying Indemnifying Party will have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent not to will be unreasonably withheld, delayed or conditionedat the Indemnified Party’s reasonable discretion). The indemnifying Indemnifying Party that has assumed the defense of the Third Party Claim in accordance with Section 15.3 will not be liable for any settlement or other disposition of a Loss by an Indemnified Party Indemnitee that is reached without the prior written consent of the indemnifying such Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party Indemnitee will admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without first offering to the prior written consent Indemnifying Party the opportunity to assume the defense of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditionedThird Party Claim in accordance with Section 15.3.

Appears in 3 contracts

Samples: United States Collaboration Agreement (Shire Pharmaceuticals Group PLC), Collaboration Agreement (Shire Pharmaceuticals Group PLC), Collaboration Agreement (New River Pharmaceuticals Inc)

Settlement. With respect to any Third Party Claims that relate solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any manner, and as to which the indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will have the sole right to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i11.6(d)(i), the indemnifying Party will have authority to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such consent not to be unreasonably withheld, delayed or conditioned). The indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will admit any liability with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 3 contracts

Samples: License Agreement (Bluebird Bio, Inc.), License Agreement (Bluebird Bio, Inc.), License Agreement (Bluebird Bio, Inc.)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will shall not result in the Indemnified Party’s applicable indemnitee(s) becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any manner, manner and as to which the indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party applicable indemnitee hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)13.3.2, the indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss Loss; provided it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed conditioned or conditioneddelayed). The indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether If the indemnifying Party chooses to does not assume and conduct the defense of a Third Party Claim as provided above, the Indemnified Party may defend or prosecute any against such Third Party Claim, no ; provided that the Indemnified Party will admit any liability with respect to or settle, compromise or discharge, shall not settle any Third Party Claim without the prior written consent of the indemnifying Party, such Party (which consent shall not to be unreasonably withheld, delayed conditioned or conditioneddelayed). [***] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential Treatment has been requested with respect to the omitted portions.

Appears in 3 contracts

Samples: Exclusive License and Option Agreement (Mereo Biopharma Group PLC), Exclusive License and Option Agreement (Mereo Biopharma Group PLC), Exclusive License and Option Agreement (Mereo Biopharma Group PLC)

Settlement. With respect to any Third Party Claims that relate relating solely to the payment of money damages in connection with a Third Party Claim and that will not admit liability or violation of Law on the part of the Indemnified Party or result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any mannermanner (such as granting a license or admitting the invalidity of a Patent Right Controlled by an Indemnified Party), and as to which the indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)9.4.1, the indemnifying Party will have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent will not to be unreasonably withheld, delayed or conditioned). The indemnifying Party will not be liable for any settlement settlement, consent to entry of judgment, or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will admit any liability with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 2 contracts

Samples: Strategic Collaboration Agreement (Isis Pharmaceuticals Inc), Strategic Collaboration Agreement (Ionis Pharmaceuticals Inc)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified PartyIndemnitee’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party Indemnitee in any manner, and as to which the indemnifying Indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party Indemnitee hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole reasonable discretion, will deem appropriateappropriate (provided, however that such terms shall include a complete and unconditional release of the Indemnified Party from all liability with respect thereto), and will transfer to the Indemnified Party all amounts which said Indemnified Party will be liable to pay prior to the time of the entry of judgment. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)8.3, the indemnifying Indemnifying Party will have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent not to will be unreasonably withheld, delayed or conditionedat the Indemnified Party’s reasonable discretion). The indemnifying Indemnifying Party that has assumed the defense of the Third Party Claim in accordance with Section 8.3 will not be liable for any settlement or other disposition of a Loss by an Indemnified Party Indemnitee that is reached without the prior written consent of the indemnifying such Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party Indemnitee will admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without first offering to the prior written consent Indemnifying Party the opportunity to assume the defense of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditionedThird Party Claim in accordance with Section 8.3.

Appears in 2 contracts

Samples: License and Distribution Agreement (Novadel Pharma Inc), License and Distribution Agreement (Novadel Pharma Inc)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will do not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any manner, and as to which the indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will shall deem appropriate. Notwithstanding the foregoing, the Indemnifying Party shall not be entitled to assume the defense of any Third Party Claim (and shall be liable for the reasonable fees and expenses of counsel incurred by the Indemnified Party in defending such Third Party Claim) if (i) the Third Party Claim seeks an injunction or other equitable relief or relief other than monetary damages for which the Indemnified Party would be entitled to indemnification under this Agreement or may otherwise adversely affect the Indemnified Party or (ii) the Third Party Claim is a criminal, civil or administrative proceeding, or relates to such a proceeding, or the underlying facts or circumstances of which could reasonably be expected to give rise to such a proceeding. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)9.4.1, the indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss Loss; provided it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed conditioned or conditioneddelayed). The indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether If the indemnifying Party chooses to does not assume and conduct the defense of a Third Party Claim as provided above, the Indemnified Party may defend or prosecute any against such Third Party Claim, no ; provided that the Indemnified Party will admit any liability with respect to or settle, compromise or discharge, shall not settle any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed conditioned or conditioned.delayed. ****Text Omitted and Filed Separately with the Securities and Exchange Commission. Confidential Treatment Requested Under 17 C.F.R. Section 230.406

Appears in 2 contracts

Samples: License Agreement (Bison Capital Acquisition Corp.), License Agreement (Bison Capital Acquisition Corp.)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting and materially affect the business of the Indemnified Party in any manner, and as to which the indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will party shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Partyparty, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i11.3(b), the indemnifying Party will party shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided (i) it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld), delayed or conditioned)and (ii) include as an unconditional term thereof the giving by the Third Party to such Indemnified Party of a release from all liability in respect to such Third Party Claim. The indemnifying Party will party shall not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether party, unless the indemnifying party has failed to assume the defense and employ counsel in accordance with Section 11.3(b). In the event that (i) an Indemnified Party chooses to defend or prosecute any seeks indemnification from the indemnifying party under this ARTICLE XI for a Third Party Claim, and (ii) the indemnifying party shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder with respect thereto, no Indemnified Party will shall admit any liability with respect to to, or settle, compromise or discharge, any such Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditionedparty.

Appears in 2 contracts

Samples: Development and License Agreement (Cynosure Inc), Development and License Agreement (Cutera Inc)

Settlement. With respect to any Third Party Claims Claim that relate the Indemnifying Party has assumed the defense of in accordance with Section 8.2.2 that relates solely to the payment of money damages in connection with a such Third Party Claim and that will shall not result in the Indemnified Party’s any Forest Indemnitee or Xxxxxxx Indemnitee, as applicable, becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party any Forest Indemnitee or Xxxxxxx Indemnitee, as applicable, in any manner, and as to which the indemnifying Indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party all Forest Indemnitees or Xxxxxxx Indemnitees, as applicable, hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such LossThird Party Claim, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will shall deem appropriate; provided, however, that the Indemnifying Party may not enter into any compromise or settlement unless such compromise or settlement includes as an unconditional term thereof, the giving by each claimant or plaintiff to the Indemnified Party and all Forest Indemnitees or Xxxxxxx Indemnitees, as applicable, of a release from all liability in respect of such claim. With respect to all other Losses in connection with Third Party Claims, where Claims that the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)8.2.2, the indemnifying Indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided Third Party Claim; provided, however, that it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheldconditioned, delayed withheld or conditioneddelayed). The indemnifying If the Indemnifying Party will has assumed the defense of a Third Party Claim in accordance with Section 8.2.2, the Indemnifying Party shall not be liable for any settlement or other disposition of such Third Party Claim by a Loss by an Indemnified Party Forest Indemnitee or a Xxxxxxx Indemnitee, as applicable, that is reached without the prior written consent of the indemnifying Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no the Indemnified Party will shall not, and the Indemnified Party shall ensure that each Forest Indemnitee or Xxxxxxx Indemnitee, as applicable, does not, admit any liability with respect to or settle, compromise or discharge, any Third Party Claim for which it has or intends to seek indemnification under Section 8.1 without the prior written consent of the indemnifying Party, such Indemnifying Party (which consent shall not to be unreasonably withheldconditioned, delayed withheld or conditioneddelayed).

Appears in 2 contracts

Samples: Option Agreement (Trevena Inc), Option Agreement (Trevena Inc)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified PartyIndemnitee’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party Indemnitee in any manner, and as to which the indemnifying Indemnifying Party will have has acknowledged in writing the obligation to indemnify the Indemnified Party Indemnitee hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will deem appropriate. The Indemnifying Party will pay all amounts on behalf of the Indemnified Party at or prior to the time of the entry of judgment. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)18.5, the indemnifying Indemnifying Party will have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent not to will be unreasonably withheld, delayed or conditionedat the Indemnified Party’s sole and absolute discretion). The indemnifying Indemnifying Party that has assumed the defense of the Third Party Claim in accordance with Section 18.5 will not be liable for any settlement or other disposition of a Loss by an Indemnified Party Indemnitee that is reached without the prior written consent of the indemnifying such Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party Indemnitee will admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without first offering to the prior written consent Indemnifying Party the opportunity to assume the defense of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditionedThird Party Claim in accordance with Section 18.5.

Appears in 2 contracts

Samples: License and Research Collaboration Agreement (Selecta Biosciences Inc), License and Research Collaboration Agreement (Selecta Biosciences Inc)

Settlement. With respect to any Third Party Claims that relate Losses related solely to the payment of money damages in connection with a Third Party Claim that (a) includes a complete and that unconditional release of the Indemnified Party, (b) will not result in the Indemnified Party’s Party admitting liability, becoming subject to injunctive or other equitable relief or that will otherwise adversely affecting affect the business of the Indemnified Party in any manner, and (c) as to which the indemnifying Indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)11.2.2, the indemnifying Indemnifying Party will have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided Loss, only if it obtains the prior written consent of the Indemnified Party (such which consent will not to be unreasonably withheld, delayed conditioned or conditioneddelayed). The indemnifying Indemnifying Party will not be liable for any settlement or other disposition of a Loss by an the Indemnified Party that is reached without the prior written consent of the indemnifying PartyIndemnifying Party (which consent will not be unreasonably withheld, conditioned or delayed). Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no the Indemnified Party will not admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Indemnifying Party, such consent not to be unreasonably withheld, delayed withheld or conditioneddelayed.

Appears in 2 contracts

Samples: Development Financing Agreement (CymaBay Therapeutics, Inc.), Co Development Agreement (Alnylam Pharmaceuticals, Inc.)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party in any manner, and as to which the indemnifying Indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i15.4.2(a), the indemnifying Indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided that it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed conditioned or conditioneddelayed). The indemnifying Indemnifying Party will shall not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will shall admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such Indemnifying Party (which consent shall not to be unreasonably withheld, delayed conditioned or conditioneddelayed).

Appears in 2 contracts

Samples: Co Promotion Agreement (Cubist Pharmaceuticals Inc), Co Promotion Agreement (Optimer Pharmaceuticals Inc)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will shall not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party in any manner, and as to which the indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)11.5.1, the indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss Loss; provided that it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed conditioned or conditioneddelayed). The If the indemnifying Party will does not be liable for any settlement or other disposition assume and conduct the defense of a Loss by an Third Party Claim as provided above, the Indemnified Party that is reached without the prior written consent of the indemnifying Partymay defend against such Third Party Claim. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will shall admit any liability with respect to to, or settle, compromise or discharge, dispose of any Third Party Claim without the prior written consent of the indemnifying Party, such which consent shall not to be unreasonably withheld, delayed conditioned or conditioneddelayed. The indemnifying Party shall not be liable for any settlement, compromise or other disposition of a Loss by an Indemnified Party that is reached without the written consent of the indemnifying Party, which consent shall not be unreasonably withheld, conditioned or delayed.

Appears in 2 contracts

Samples: Development and Option Agreement (Alector, Inc.), Development and Option Agreement (Alector, Inc.)

Settlement. With respect The Indemnifying Party shall not be required to any Third Party Claims that relate solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any manner, and as to which the indemnifying Party will have acknowledged in writing the obligation to ---------- indemnify the Indemnified Party hereunderwith respect to any amounts paid in settlement of any third-party suit, action, proceeding or investigation entered into without the written consent of the Indemnifying Party; provided, however, that if the Indemnified Party is a Parent Indemnified Party, such third-party suit, action, proceeding or investigation may be settled without the consent of the Indemnifying Party on 10 days' prior written notice to the Indemnifying Party if such third-party suit, action, proceeding or investigation is then unreasonably interfering with the business or operations of the Company or the Surviving Corporation and the settlement is commercially reasonable under the circumstances; and provided further, that if the Indemnifying Party gives 10 days' prior written notice to the Indemnified Party of a settlement offer which the Indemnifying Party desires to accept and to pay all Losses with respect thereto ("Settlement Notice") and the Indemnified Party fails or refuses to ----------------- consent to such settlement within 10 days after delivery of the Settlement Notice to the Indemnified Party, and subject to such settlement otherwise complies with the Litigation Conditions being satisfiedprovisions of this Section 6.4, the indemnifying -19- Indemnifying Party shall not be liable for Losses arising from such third-party suit, action, proceeding or investigation in excess of the amount proposed in such settlement offer. Notwithstanding the foregoing, no Indemnifying Party will have the sole right to agree consent to the entry of any judgment, judgment or enter into any settlement or otherwise dispose of such Loss, on such terms as without the indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i), the indemnifying Party will have authority to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (Party, if such consent not to be unreasonably withheld, delayed judgment or conditioned). The indemnifying Party will not be liable for settlement imposes any settlement obligation or other disposition of a Loss by an liability upon the Indemnified Party that is reached without other than the prior written consent execution, delivery or approval thereof and customary releases of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will admit any liability claims with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditionedsubject matter thereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Group Maintenance America Corp), Agreement and Plan of Merger (Group Maintenance America Corp)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will do not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any manner, and as to which the indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)9.4.1, the indemnifying Party will shall have authority to agree consent to the entry of any judgment, make any admissions that would adversely affect the Indemnified Party, enter into any settlement or otherwise dispose of such Loss Loss; provided it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed conditioned or conditioneddelayed). The indemnifying Party will not be liable for , unless such compromise or settlement involves (a) any settlement or other disposition admission of a Loss legal wrongdoing by an the Indemnified Party, (b) any payment by the indemnified Party that is reached without not indemnified under this Agreement, or (c) the prior written imposition of any equitable relief against the Indemnified Party (in which case, (a) through (c), the Indemnified Party may withhold its consent of the indemnifying Partyto such settlement in its sole discretion). Regardless of whether If the indemnifying Party chooses to defend or prosecute any does not assume and conduct the defense of a Third Party ClaimClaim as provided in Section 9.4.1, no the Indemnified Party will admit any liability may defend against such Third Party Claim in accordance with respect to or settle, compromise or discharge, Section 9.4.2; provided that the Indemnified Party shall not settle any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed conditioned or conditioneddelayed.

Appears in 2 contracts

Samples: License Agreement (Gemini Therapeutics, Inc. /DE), License Agreement (Gemini Therapeutics, Inc. /DE)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will shall not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any manner, and as to which the indemnifying Indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i9.3(b), the indemnifying Indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss Loss; provided it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed withheld or conditioneddelayed). The indemnifying If the Indemnifying Party will does not be liable for any settlement or other disposition assume and conduct the defense of a Loss by an Third Party Claim as provided above, the Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to may defend or prosecute any against such Third Party Claim, no ; provided that the Indemnified Party will admit any liability with respect to or settle, compromise or discharge, shall not settle any Third Party Claim without the prior written consent of the indemnifying Indemnifying Party, such consent not to be unreasonably withheld, delayed withheld or conditioneddelayed.

Appears in 2 contracts

Samples: Research and Collaboration Agreement (Aptinyx Inc.), Research and Collaboration Agreement (Aptinyx Inc.)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will shall not result in the Indemnified PartyIndemnitee’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party Indemnitee in any manner, and as to which the indemnifying Indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party Indemnitee hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole reasonable discretion, will shall deem appropriateappropriate (provided, however that such terms shall include a complete and unconditional release of the Indemnified Party from all liability with respect thereto), and shall transfer to the Indemnified Party all amounts which said Indemnified Party shall be liable to pay prior to the time of the entry of judgment. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)6.3, the indemnifying Indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent not to shall be unreasonably withheld, delayed or conditionedat the Indemnified Party’s reasonable discretion). The indemnifying Indemnifying Party will that has assumed the defense of the Third Party Claim in accordance with 6.3 shall not be liable for any settlement or other disposition of a Loss by an Indemnified Party Indemnitee that is reached without the prior written consent of the indemnifying such Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will Indemnitee shall admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without first offering to the prior written consent Indemnifying Party the opportunity to assume the defense of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditionedThird Party Claim in accordance with 6.3.

Appears in 2 contracts

Samples: Product Acquisition and License Agreement (Shire PLC), Supply Agreement (Barr Pharmaceuticals Inc)

Settlement. With respect to any Third Party Claims that relate solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any manner, and as to which the indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will have the sole right to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i), the indemnifying Party will have authority to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such consent not to be unreasonably withheld, delayed or conditioned). The indemnifying Party will party under this Section 8 shall not be liable for any settlement of any proceeding effected without its written consent, but if settled with such consent or other disposition if there be a final judgment for the plaintiff, the indemnifying party agrees to indemnify the indemnified party against any loss, claim, damage, liability or expense by reason of a Loss such settlement or judgment. Notwithstanding the foregoing sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses of counsel as contemplated by an Indemnified Party this Section 8, the indemnifying party agrees that it shall be liable for any settlement of any proceeding effected without its written consent if (i) such settlement is reached entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such indemnifying party shall not have reimbursed the indemnified party in accordance with such request prior to the date of such settlement. No indemnifying party shall, without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute indemnified party, effect any Third Party Claim, no Indemnified Party will admit any liability with respect to or settlesettlement, compromise or dischargeconsent to the entry of judgment in any pending or threatened action, suit or proceeding in respect of which any Third Party Claim without indemnified party is or could reasonably be expected to have been a party and indemnity was or could reasonably be expected to have been sought hereunder by such indemnified party, unless such settlement, compromise or consent (a) includes an unconditional release of such indemnified party from all liability on claims that are the prior written consent subject matter of the indemnifying Partysuch action, such consent suit or proceeding and (b) does not include a statement as to be unreasonably withheldor an admission of fault, delayed culpability or conditioneda failure to act by or on behalf of any indemnified party.

Appears in 2 contracts

Samples: Confidential (Parkervision Inc), Parkervision Inc

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will shall not result in the Indemnified PartyIndemnitee’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party Indemnitee in any manner, and as to which the indemnifying Indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party Indemnitee hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole reasonable discretion, will shall deem appropriateappropriate (provided, however that such terms shall include a complete and unconditional release of the Indemnified Party from all liability with respect thereto), and shall transfer to the Indemnified Party all amounts which said Indemnified Party shall be liable to pay prior to the time of the entry of judgment. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)15.3, the indemnifying Indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent not to shall be unreasonably withheld, delayed or conditionedat the Indemnified Party’s reasonable discretion). The indemnifying Indemnifying Party will that has assumed the defense of the Third Party Claim in accordance with Section 15.3 shall not be liable for any settlement or other disposition of a Loss by an Indemnified Party Indemnitee that is reached without the prior written consent of the indemnifying such Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will Indemnitee shall admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without first offering to the prior written consent Indemnifying Party the opportunity to assume the defense of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditionedThird Party Claim in accordance with Section 15.3.

Appears in 2 contracts

Samples: Supply Agreement (Shire PLC), Supply Agreement (Barr Pharmaceuticals Inc)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party in any manner, and as to which the indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i7.3.2(a), the indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed withheld or conditioneddelayed). The indemnifying Party will shall not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will shall admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim in a manner that has a materially adverse effect on the indemnifying Party without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 2 contracts

Samples: Vaccine License Agreement (Emergent BioSolutions Inc.), Rbot Vaccine License Agreement (Emergent BioSolutions Inc.)

Settlement. With respect to any Third Party Claims that relate solely to the payment of money damages in connection with a Third Party Claim and that will not (A) result in the Indemnified Party’s becoming subject to injunctive or other relief relief, (B) include any admission or concession of liability or wrongdoing on the part of the Indemnified Party, or (C) otherwise adversely affecting affect the business or Patents of the Indemnified Party in any manner, and as to which the indemnifying Indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)subsection (i) above, the indemnifying Indemnifying Party will have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss Loss; provided it obtains the prior written consent of the Indemnified Party (such which consent will not to be unreasonably withheld, delayed conditioned or conditioneddelayed). The indemnifying Where the Indemnifying Party has assumed the defense of the Third Party Claim in accordance with subsection (i) above, the Indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will admit any liability with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Indemnifying Party, such consent not to be unreasonably withheld, delayed conditioned or conditioneddelayed.

Appears in 2 contracts

Samples: Development and Option Agreement (Omega Therapeutics, Inc.), Development and Option Agreement (Omega Therapeutics, Inc.)

Settlement. With respect to any Third Party Claims that relate solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any manner, and as to which the indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will have the sole right to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i16.7(d)(i), the indemnifying Party will have authority to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such consent not to be unreasonably withheld, delayed or conditioned). The indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will admit any liability with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 2 contracts

Samples: Share Agreement (2seventy Bio, Inc.), Share Agreement (Bluebird Bio, Inc.)

Settlement. With respect to any Third Party Claims that relate solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any manner, and as to which the indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i11.6(d)(i), the indemnifying Party will have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent will not to be unreasonably withheld, delayed or conditioned). The indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Amended and Restated Strategic License Agreement Indemnified Party will admit any liability with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 2 contracts

Samples: License Agreement (Clovis Oncology, Inc.), License Agreement (Clovis Oncology, Inc.)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party in any manner, and as to which the indemnifying Indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i8.3(b)(i), the indemnifying Indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss Loss; provided that it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed conditioned or conditioneddelayed). The indemnifying Indemnifying Party will shall not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will shall admit any liability with respect to to, or settle, compromise or dischargedispose of, any Third Party Claim without the prior written consent of the indemnifying Party, such Indemnifying Party (which consent shall not to be unreasonably withheld, delayed conditioned or conditioneddelayed).

Appears in 2 contracts

Samples: Manufacturing and Supply Agreement (Salix Pharmaceuticals LTD), Manufacturing and Supply Agreement (Salix Pharmaceuticals LTD)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not constitute an admission of liability by the Indemnified Party, result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party in any manner, and as to which the indemnifying Indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i10.5(b)(1), the indemnifying Indemnifying Party will have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss Loss; provided that it obtains the prior written consent of the Indemnified Party (such which consent will not to be unreasonably withheld, delayed conditioned or conditioneddelayed). The indemnifying Indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will admit any liability with respect to to, or settle, compromise or dischargedispose of, any Third Party Claim for which it intends to seek indemnification pursuant to Section 10.3 or 10.4, as applicable, without the prior written consent of the indemnifying Party, such Indemnifying Party (which consent will not to be unreasonably withheld, delayed conditioned or conditioneddelayed).

Appears in 2 contracts

Samples: Product Agreement (Jaguar Animal Health, Inc.), Master Manufacturing Services Agreement (Jaguar Animal Health, Inc.)

Settlement. With respect to any Third Third-Party Claims that relate solely to the payment of money damages in connection with a Third Third-Party Claim and that will not (A) result in the Indemnified Party’s becoming subject to injunctive or other relief relief, (B) include any admission or concession of liability or wrongdoing on the part of the Indemnified Party, or (C) otherwise adversely affecting affect the business of the Indemnified Party in any manner, and as to which the indemnifying Indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will have the sole right to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Third-Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Third-Party Claim in accordance with Section 9.6(d)(i), the indemnifying Indemnifying Party will have authority to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such consent not to be unreasonably withheld, delayed or conditioned). The indemnifying Indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Third-Party Claim, no Indemnified Party will admit any liability with respect to or settle, compromise or discharge, any Third Third-Party Claim without the prior written consent of the indemnifying Indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 2 contracts

Samples: License Agreement (Verve Therapeutics, Inc.), License Agreement (Verve Therapeutics, Inc.)

Settlement. With respect to any Third Party Claims that relate Indemnified Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will shall not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party in any manner, and as to which the indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Indemnified Loss, on such terms as the indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Indemnified Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)13.5.1, the indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided Indemnified Loss; provided, that it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed delayed, or conditioned). The If the indemnifying Party will does not be liable for any settlement or other disposition assume and conduct the defense of a Loss by an Third Party Claim as provided above, the Indemnified Party that is reached without the prior written consent of the indemnifying Partymay defend against such Third Party Claim. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will shall admit any liability with respect to to, or settle, compromise or dischargedispose of, any Third Party Claim in a manner that would have a material adverse effect on the Indemnified Party or admit wrongdoing on behalf of the Indemnified Party, without the prior written consent of the indemnifying Party. The indemnifying Party shall not be liable for any settlement, such compromise or other disposition of an Indemnified Loss by an Indemnified Party that is reached without the written consent not to be unreasonably withheld, delayed or conditionedof the indemnifying Party.

Appears in 2 contracts

Samples: Option and Collaboration Agreement (Denali Therapeutics Inc.), Option and Collaboration Agreement (Denali Therapeutics Inc.)

Settlement. With respect to any Third Party Claims where the Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 10.2.2 that relate solely to the payment of money damages in connection with a Third Party Claim and that will shall not result in the Indemnified Party’s any Forest Indemnitee or Xxxxxxx Indemnitee, as applicable, becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any mannerrelief, and as to which the indemnifying Indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party all Forest Indemnitees or Xxxxxxx Indemnitees, as applicable, hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such LossThird Party Claim, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will shall deem appropriate; provided, however, that the Indemnifying Party may not enter into any compromise or settlement unless such compromise or settlement includes as an unconditional term thereof, the giving by each claimant or plaintiff to the Indemnified Party and all Forest Indemnitees or Xxxxxxx Indemnitees, as applicable, of a release from all liability in respect of such claim. With respect to all other Losses in connection with Third Party Claims, Claims where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)10.2.2, the indemnifying Indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided Third Party Claim; provided, however, that it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheldconditioned, delayed withheld or conditioneddelayed). The indemnifying Where the Indemnifying Party will has assumed the defense of a Third Party Claim in accordance with Section 10.2.2, the Indemnifying Party shall not be liable for any settlement or other disposition of such Third Party Claim by a Loss by an Indemnified Party Forest Indemnitee or a Xxxxxxx Indemnitee that is reached without the prior written consent of the indemnifying Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party [*] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended. chooses to defend or prosecute any Third Party Claim, no the Indemnified Party will shall not, and the Indemnified Party shall ensure that each Forest Indemnitee or Xxxxxxx Indemnitee, as applicable, does not, admit any liability with respect to or settle, compromise or discharge, any Third Party Claim for which it has or intends to seek indemnification under Section 10.1 without the prior written consent of the indemnifying Party, such Indemnifying Party (which consent shall not to be unreasonably withheldconditioned, delayed withheld or conditioneddelayed).

Appears in 2 contracts

Samples: License Agreement (Trevena Inc), License Agreement (Trevena Inc)

Settlement. With respect to any Third Party Claims that relate relating solely to the payment of money damages in connection with a Third Party Claim and that will shall not result in the Indemnified Party’s any Sanofi Indemnitee or Licensee Indemnitee, as applicable, becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party any Sanofi Indemnitee or Licensee Indemnitee, as applicable, in any manner, manner and as to which the indemnifying Indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party such Sanofi Indemnitee or Licensee Indemnitee, as applicable, hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such LossThird Party Claim, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)11.4.1, the indemnifying Indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss Third Party Claim, provided that it obtains the prior written consent of the Indemnified Party (such consent not to be unreasonably withheldconditioned, delayed withheld or conditioneddelayed). The indemnifying Indemnifying Party will shall not be liable for any settlement or other disposition of a Loss Third Party Claim by an Indemnified Party a Sanofi Indemnitee or a Licensee Indemnitee that is reached without the prior written consent of the indemnifying Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no the Indemnified Party will shall not, and the Indemnified Party shall ensure that each Sanofi Indemnitee or Licensee Indemnitee, as applicable, does not, admit any liability with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Indemnifying Party, such consent not to be unreasonably withheldconditioned, delayed withheld or conditioneddelayed. [*] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended.

Appears in 2 contracts

Samples: License Agreement (Zai Lab LTD), License Agreement (Zai Lab LTD)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party in any manner, and as to which the indemnifying Indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will deem appropriate, and will transfer to the Indemnified Party all amounts which said Indemnified Party will be liable to pay prior to the entry of judgment. With respect to all other Losses in connection with a Third Party ClaimsClaim, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i14.3.2(a), the indemnifying Indemnifying Party will have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent not to will be unreasonably withheld, delayed or conditionedat the Indemnified Party’s sole and absolute discretion). The indemnifying Indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party Indemnitee that is reached without the prior written consent of the indemnifying Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party Indemnitee will admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 2 contracts

Samples: Clinical Supply Agreement (Skinmedica Inc), Clinical Supply Agreement (Skinmedica Inc)

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Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified PartyIndemnitee’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party Indemnitee in any manner, and as to which the indemnifying Indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party Indemnitee hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Third Party Loss, on such terms as the indemnifying Indemnifying Party, in its sole reasonable discretion, will deem appropriateappropriate (provided, however that such terms shall include a complete and unconditional release of the Indemnified Party from all liability with respect thereto), and will transfer to the Indemnified Party all amounts which said Indemnified Party will be liable to pay prior to the time of the entry of judgment. With respect to all other Third Party Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)14.3, the indemnifying Indemnifying Party will have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided Third Party Loss; provided, however, it obtains the prior written consent of the Indemnified Party (such which consent not to will be unreasonably withheld, delayed or conditionedat the Indemnified Party’s reasonable discretion). The indemnifying Indemnifying Party that has assumed the defense of the Third Party Claim in accordance with Section 14.3 will not be liable for any settlement or other disposition of a Third Party Loss by an Indemnified Party Indemnitee that is reached without the prior written consent of the indemnifying such Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party Indemnitee will admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without first offering to the prior written consent Indemnifying Party the opportunity to assume the defense of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditionedThird Party Claim in accordance with Section 14.3. * Confidential treatment requested.

Appears in 2 contracts

Samples: Commercialization and License Agreement (Aptalis Pharma Inc), Commercialization and License Agreement (Aptalis Pharma Inc)

Settlement. With respect to any Third Party Claims that relate relating solely to the payment of money damages in connection with a Third Party Claim and that will shall not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any manner, and as to which the indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)13.5.1, the indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed withheld or conditioneddelayed). The indemnifying Party will shall not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will shall admit any liability with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed withheld or conditioneddelayed.

Appears in 2 contracts

Samples: Development and License Agreement (Pharmion Corp), Development and License Agreement (GPC Biotech Ag)

Settlement. With respect to any Third Party Claims that relate solely to the payment of money damages in connection with a Third Party Claim and that will not (A) result in the Indemnified Party’s becoming subject to injunctive or other relief relief, (B) include any admission or concession of liability or wrongdoing on the part of the Indemnified Party, or (C) otherwise adversely affecting affect the business or Patents of the Indemnified Party in any manner, and as to which the indemnifying Indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)subsection (i) above, the indemnifying Indemnifying Party will have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent will not to be unreasonably withheld, delayed conditioned or conditioneddelayed). The indemnifying Where the Indemnifying Party has assumed the defense of the Third-Party Claim in accordance with subsection (i) above, the Indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Third-Party Claim, no Indemnified Party will admit any liability with respect to or settle, compromise or discharge, any Third Third-Party Claim without the prior written consent of the indemnifying Indemnifying Party, such consent not to be unreasonably withheld, delayed conditioned or conditioneddelayed.

Appears in 2 contracts

Samples: Development and Option Agreement (Verve Therapeutics, Inc.), Development and Option Agreement (Verve Therapeutics, Inc.)

Settlement. With respect to any Third Party Claims that relate solely to the payment of money damages in connection with a No Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive may be settled or other relief or otherwise adversely affecting the business of compromised (i) by the Indemnified Party in any manner, and as to which without the indemnifying Party will have acknowledged in writing prior written consent of the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will have the sole right to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole discretionwhich consent shall not be unreasonably conditioned, will deem appropriate. With respect to all other Losses in connection with Third withheld or delayed, or (ii) by the Indemnifying Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i), the indemnifying Party will have authority to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains without the prior written consent of the Indemnified Party (such Party, which consent shall not to be unreasonably withheldconditioned, delayed withheld or conditioned). The indemnifying delayed; provided that if the Indemnifying Party will not be liable for any settlement or other disposition of a Loss by an submits to the Indemnified Party that is reached without the prior written consent a bona fide settlement offer from a third party claimant of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party ClaimClaim (which settlement offer will include as an unconditional term of it the full and unconditional release by the claimant or the plaintiff to the Indemnified Party from all liability in respect of such claim) and the Indemnified Party refuses to consent to such settlement, no then thereafter the Indemnifying Party’s liability to the Indemnified Party with respect to such Third Party Claim will not exceed the settlement amount included in such bona fide settlement offer, and the Indemnified Party will admit either assume control and responsibility for the payment of the defense of such Third Party Claim or pay the attorneys’ fees and other out-of-pocket costs and expenses incurred by the Indemnifying Party thereafter in continuing the defense of such Third Party Claim. In the event any liability Indemnified Party settles or compromises or consents to the entry of any judgment with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Indemnifying Party, such consent not Indemnified Party shall be deemed to be unreasonably withheld, delayed or conditionedhave waived all rights against the Indemnifying Party for indemnification under this Article X with respect to such Third Party Claim.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Carriage Services Inc), Asset Purchase Agreement (Carriage Services Inc)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result resulting in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any mannerrelief, and as to which the indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)11.4.1, the CONFIDENTIAL TREATMENT REQUESTED. INFORMATION FOR WHICH CONFIDENTIAL TREATMENT HAS BEEN REQUESTED IS OMITTED AND MARKED WITH “[...***...]”. AN UNREDACTED VERSION OF THE DOCUMENT HAS ALSO BEEN FURNISHED SEPARATELY TO THE SECURITIES AND EXCHANGE COMMISSION AS REQUIRED BY RULE 406 UNDER THE SECURITIES ACT OF 1933, AS AMENDED. indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided Loss; provided, that it obtains the prior written consent of the Indemnified Party (such consent not to be unreasonably withheld, delayed or conditioned)Party. The If the indemnifying Party will does not be liable for any settlement or other disposition assume and conduct the defense of a Loss by an Third Party Claim as provided above, the Indemnified Party that is reached without the prior written consent of the indemnifying Partymay defend against such Third Party Claim. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will shall admit any liability with respect to to, or settle, compromise or dischargedispose of, any Third Party Claim without the prior written consent of the indemnifying Party. The indemnifying Party shall not be liable for any settlement, such compromise or other disposition of a Loss by an Indemnified Party that is reached without the written consent not to be unreasonably withheld, delayed or conditionedof the Indemnifying Party.

Appears in 2 contracts

Samples: Exclusive License Agreement (Ablynx NV), Exclusive License Agreement (Ablynx NV)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party in any manner, and as to which the indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i8.3.2(a), the indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed withheld or conditioneddelayed). The indemnifying Party will shall not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will shall admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 2 contracts

Samples: Vaccine Development Agreement (Emergent BioSolutions Inc.), Rbot Vaccine Development Agreement (Emergent BioSolutions Inc.)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified PartyIndemnitee’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party Indemnitee in any manner, and as to which the indemnifying Indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party Indemnitee hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will deem appropriate, and will transfer to the Indemnified Party all amounts which said Indemnified Party will be liable to pay prior to the time prior to the entry of judgment. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)14.3.2, the indemnifying Indemnifying Party will have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent not to will be unreasonably withheld, delayed or conditionedat the Indemnified Party’s sole and absolute discretion). The indemnifying Indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party Indemnitee that is reached without the prior written consent of the indemnifying Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party Indemnitee will admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 2 contracts

Samples: Collaboration and License Agreement (Kos Pharmaceuticals Inc), Collaboration and License Agreement (Kos Pharmaceuticals Inc)

Settlement. With respect to any Third Party Claims that relate solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any manner, and as to which the indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied[***] INDICATES MATERIAL THAT HAS BEEN OMITTED AND FOR WHICH CONFIDENTIAL TREATMENT HAS BEEN REQUESTED. ALL SUCH OMITTED MATERIAL HAS BEEN FILED WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 406 PROMULGATED UNDER THE SECURITIES ACT OF 1933, the AS AMENDED A&R OPTION AGREEMENT indemnifying Party will have the sole right to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i12.6(d)(i), the indemnifying Party will have authority to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such consent not to be unreasonably withheld, delayed or conditioned). The indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will admit any liability with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 2 contracts

Samples: Option Agreement (Moderna, Inc.), Option Agreement (Moderna, Inc.)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will shall not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any mannerrelief, and as to which the indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i7.4(a), the indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided Loss; provided, that it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed conditioned or conditioneddelayed). The If the indemnifying Party will does not be liable for any settlement or other disposition assume and conduct the defense of a Loss by an Third Party Claim as provided above, the Indemnified Party that is reached without the prior written consent of the indemnifying Partymay defend against such Third Party Claim. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will shall admit any liability with respect to to, or settle, compromise or dischargedispose of, any Third Party Claim without the prior written consent of the indemnifying Party, such which consent shall not to be unreasonably withheld, delayed conditioned or conditioneddelayed. The indemnifying Party shall not be liable for any settlement, compromise or other disposition of a Loss by an Indemnified Party that is reached without the written consent of the indemnifying Party, which consent shall not be unreasonably withheld, conditioned or delayed.

Appears in 2 contracts

Samples: Promotion Agreement (Orasure Technologies Inc), Promotion Agreement (Orasure Technologies Inc)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will shall not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any manner, and as to which the indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)11.4.1, the indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss Loss, provided it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed withheld or conditioneddelayed). The indemnifying Party will shall not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will shall, and the Indemnified Party shall ensure that no indemnitee shall, admit any liability with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed withheld or conditioneddelayed.

Appears in 2 contracts

Samples: Exclusive License Agreement (Intellect Neurosciences, Inc.), Exclusive License Agreement (Viropharma Inc)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s Party or its Indemnitee becoming subject to injunctive or other relief or would not otherwise reasonably be expected to adversely affecting affect the business of the Indemnified Party or its Indemnitee in any manner, and as to which the indemnifying Indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance 254 with Section 9.6(d)(i13.3.2(a), the indemnifying Indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed conditioned or conditioneddelayed). The indemnifying Indemnifying Party will shall not be liable for any settlement or other disposition of a Loss by an the Indemnified Party or any of its Indemnitees that is reached without the prior written consent of the indemnifying Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no neither the Indemnified Party will or its Indemnitees shall admit any liability with respect to to, or settle, compromise or dischargedischarge (other than as a result of a court-imposed judgment), any Third Party Claim without the prior written consent of the indemnifying Indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 2 contracts

Samples: Collaborative Research and License Agreement (Targacept Inc), Collaborative Research and License Agreement (Targacept Inc)

Settlement. With Subject to the provisions of Section 10.4, with respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will shall not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any mannerrelief, and as to which the indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)10.5.1, the indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss Loss; provided that it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed conditioned or conditioneddelayed). The If the indemnifying Party will does not be liable for any settlement or other disposition assume and conduct the defense of a Loss by an Third Party Claim as provided above, the Indemnified Party that is reached without the prior written consent of the indemnifying Partymay defend against such Third Party Claim. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will shall admit any liability with respect to to, or settle, compromise or discharge, dispose of any Third Party Claim without the prior written consent of the indemnifying Party, such which consent shall not to be unreasonably withheld, delayed conditioned or delayed. The indemnifying Party shall not be liable for any settlement, compromise or other disposition of a Loss by an Indemnified Party that is reached without the written consent of the indemnifying Party, which consent shall not be unreasonably withheld, conditioned, or delayed.

Appears in 2 contracts

Samples: Collaboration and License Agreement (Caribou Biosciences, Inc.), Collaboration and License Agreement (Caribou Biosciences, Inc.)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party in any manner, and as to which the indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, the Portions of this Exhibit, indicated by the xxxx “[***],” were omitted and subject have been filed separately with the Securities and Exchange Commission pursuant to the Litigation Conditions being satisfiedRegistrant’s application requesting confidential treatment pursuant to Rule 406 of the Securities Act of 1933, the as amended indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i7.3.2(a), the indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed withheld or conditioneddelayed). The indemnifying Party will shall not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will shall admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim in a manner that has a materially adverse effect on the indemnifying Party without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 2 contracts

Samples: License Agreement (Aridis Pharmaceuticals, Inc.), License Agreement (Aridis Pharmaceuticals, Inc.)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will shall not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any mannerrelief, and as to which the indemnifying Indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)13.4.1, the indemnifying Indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss; provided it obtains the prior written consent of the Indemnified Party (which consent shall not be unreasonably withheld or delayed). If the Indemnifying Party does not assume and conduct the defense of a Third Party Claim as provided above, the Indemnified Party may defend against such Third Party Claim, provided that with respect to any Losses for which the Indemnified Party intends to seek indemnification hereunder, the Indemnified Party shall not consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains without providing to the Indemnifying Party reasonable prior written consent of notice and an opportunity to discuss the Indemnified Party (such consent not to be unreasonably withheld, delayed or conditioned). The indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will admit any liability with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditionedproposed action.

Appears in 2 contracts

Samples: Development and Supply Agreement (Impax Laboratories Inc), Development and Supply Agreement (Impax Laboratories Inc)

Settlement. With respect to any Third Party Claims that relate relating solely to the payment of money damages in connection with a Third Party Claim and that will shall not result in the Indemnified Party’s any Sanofi Indemnitee or Licensee Indemnitee, as applicable, becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party any Sanofi Indemnitee or Licensee Indemnitee, as applicable, in any manner, manner and as to which the indemnifying Indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party such Sanofi Indemnitee or Licensee Indemnitee, as applicable, hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such LossThird Party Claim, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party ClaimsClaims not described in the preceding sentence, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i11.4.1 (Control of Defense), the indemnifying Indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss Third Party Claim, provided that it obtains the prior written consent of the Indemnified Party (such consent not to be unreasonably withheldconditioned, delayed withheld or conditioneddelayed). The indemnifying Indemnifying Party will shall not be liable for any settlement or other disposition of a Loss Third Party Claim by an Indemnified Party a Sanofi Indemnitee or a Licensee Indemnitee that is reached without the prior written consent of the indemnifying Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no the Indemnified Party will shall not, and the Indemnified Party shall ensure that each Sanofi Indemnitee or Licensee Indemnitee, as applicable, does not, admit any liability with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Indemnifying Party, such consent not to be unreasonably withheldconditioned, delayed withheld or conditioneddelayed.

Appears in 2 contracts

Samples: License Agreement (Khosla Ventures Acquisition Co.), License Agreement (Khosla Ventures Acquisition Co.)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified PartyIndemnitee’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party Indemnitee in any manner, and as to which the indemnifying Indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party Indemnitee hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole reasonable discretion, will deem appropriateappropriate (provided, however that such terms shall include a complete and unconditional release of the Indemnified Party from all liability with respect thereto), and will transfer to the Indemnified Party all amounts which said Indemnified Party will be liable to pay prior to the time of the entry of judgment. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)14.3, the indemnifying Indemnifying Party will have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent not to will be unreasonably withheld, delayed or conditionedat the Indemnified Party’s reasonable discretion). The indemnifying Indemnifying Party that has assumed the defense of the Third Party Claim in accordance with Section 14.3 will not be liable for any settlement or other disposition of a Loss by an Indemnified Party Indemnitee that is reached without the prior written consent of the indemnifying such Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party Indemnitee will admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without first offering to the prior written consent Indemnifying Party the opportunity to assume the defense of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditionedThird Party Claim in accordance with Section 14.3.

Appears in 2 contracts

Samples: Row Territory License Agreement (Shire Pharmaceuticals Group PLC), Row Territory License Agreement (New River Pharmaceuticals Inc)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will shall not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any manner, and as to which the indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)12.4.1, the indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss Loss, provided it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed withheld or conditioneddelayed). The indemnifying Party will shall not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will shall, and the Indemnified Party shall ensure that no indemnitee shall, admit any liability with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed withheld or conditioneddelayed.

Appears in 2 contracts

Samples: And License Agreement (Salix Pharmaceuticals LTD), And License Agreement (Salix Pharmaceuticals LTD)

Settlement. With respect to any Third The Indemnifying Party Claims that relate solely to the payment of money damages in connection with a Third Party Claim and that will shall not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any manner, and as to which the indemnifying Party will have acknowledged in writing the obligation be required to indemnify the Indemnified Party hereunderwith respect to any amounts paid in settlement of any third-party suit, action, proceeding or investigation entered into without the written consent of the Indemnifying Party; provided, however, that if the Indemnified Party is a Parent Indemnified Party, such third-party suit, action, proceeding or investigation may be settled without the consent of the Indemnifying Party on 10 days' prior written notice to the Indemnifying Party if such third-party suit, action, proceeding or investigation is then unreasonably interfering with the business or operations of the Company and the settlement is commercially reasonable under the circumstances; and provided further, that if the Indemnifying Party gives 10 days' prior written notice to the Indemnified Party of a settlement offer which the Indemnifying Party desires to accept and to pay all Losses with respect thereto ("Settlement Notice") and the Indemnified Party fails or refuses to consent to such settlement within 10 days after delivery of the Settlement Notice to the Indemnified Party, and subject to such settlement otherwise complies with the Litigation Conditions being satisfiedprovisions of this Section 8.4, the indemnifying Indemnifying Party shall not be liable for Losses arising from such third-party suit, action, proceeding or investigation in excess of the amount proposed in such settlement offer. Notwithstanding the foregoing, no Indemnifying Party will have the sole right to agree consent to the entry of any judgment, judgment or enter into any settlement or otherwise dispose of such Loss, on such terms as without the indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i), the indemnifying Party will have authority to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (Party, if such consent not to be unreasonably withheld, delayed judgment or conditioned). The indemnifying Party will not be liable for settlement imposes any settlement obligation or other disposition of a Loss by an liability upon the Indemnified Party that is reached without other than the prior written consent execution, delivery or approval thereof and customary releases of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will admit any liability claims with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditionedsubject matter thereof.

Appears in 2 contracts

Samples: Agreement and Plan of Exchange (Brightstar Information Technology Group Inc), Agreement and Plan of Exchange (Brightstar Information Technology Group Inc)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting and materially affect the business of the Indemnified Party in any manner, and as to which the indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will party shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Partyparty, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i11.3(b), the indemnifying Party will party shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided (i) it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld), delayed or conditioned)and (ii) include as an unconditional term thereof the giving by the Third Party to such Indemnified Party of a release from all liability in respect to such Third Party Claim. The indemnifying Party will party shall not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether party, unless the indemnifying party has failed to assume the defense and employ counsel in accordance with Section 11.3(b). In the event that (i) an Indemnified Party chooses to defend or prosecute any seeks indemnification from the indemnifying party under this ARTICLE XI for a Third Party Claim, and (ii) the indemnifying party shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder with respect thereto, no Indemnified Party will shall admit any liability with respect to to, or settle, compromise or discharge, any such Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.party. (e)

Appears in 2 contracts

Samples: Development and License Agreement (Palomar Medical Technologies Inc), Development and License Agreement (Palomar Medical Technologies Inc)

Settlement. With respect to any Third Party Claims that relate relating solely to the payment of money damages in connection with a Third Party Claim and that will shall not result in the Indemnified Party’s applicable indemnitee(s) becoming subject to injunctive or other relief or otherwise adversely affecting affect the business or interests of the Indemnified Party in any manner, manner and as to which the indemnifying Indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party applicable indemnitee hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such LossClaim, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses Claims in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i13.3(b) (Control of Defense), the indemnifying Indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided Claim; provided, it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed conditioned or conditioneddelayed). The indemnifying If the Indemnifying Party will does not be liable for any settlement or other disposition assume and conduct the defense of a Loss by an Claim as provided above, the Indemnified Party may defend against such Claim; provided, that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will admit shall not settle any liability with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such Indemnifying Party (which consent shall not to be unreasonably withheld, delayed conditioned or conditioneddelayed).

Appears in 2 contracts

Samples: License Agreement (Spero Therapeutics, Inc.), License and Collaboration Agreement (VistaGen Therapeutics, Inc.)

Settlement. With respect to any Third Party Claims that relate relating solely to the payment of money damages in connection with a Third Party Claim and that will shall not result in the Indemnified Party’s Party becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any manner, and as to which the indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will shall deem appropriate. Notwithstanding the foregoing, in such a case the indemnifying Party agrees to consult with the Indemnified Party in good faith in relation to any settlement. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i9.5(b), the indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such Party, which consent shall not to be unreasonably withheld, delayed withheld or conditioned)delayed. The indemnifying Party will shall not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will shall admit any liability with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed conditioned or conditioneddelayed.

Appears in 1 contract

Samples: License and Development Agreement (Edesa Biotech, Inc.)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified PartyIndemnitee’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party Indemnitee in any manner, and as to which the indemnifying Indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party Indemnitee hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will deem appropriate, and will transfer to the Indemnified Party all amounts which said Indemnified Party will be liable to pay prior to the time prior to the entry of judgment. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)9.3.2, the indemnifying Indemnifying Party will have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent not to will be unreasonably withheld, delayed or conditionedat the Indemnified Party’s sole and absolute discretion). The indemnifying Indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party Indemnitee that is reached without the prior written consent of the indemnifying Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party Indemnitee will admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 1 contract

Samples: License Agreement (AVROBIO, Inc.)

Settlement. With respect to any Third Party Claims that relate relating solely to the payment of money damages in connection with a Third Party Claim and that will shall not admit liability or violation of Law on the part of the Indemnified Party or result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any mannermanner (such as granting a license or admitting the invalidity of a Patent controlled by an Indemnified Party), and as to which the indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i10.4(a), the indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed or conditioned). The indemnifying Party will shall not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will shall admit any liability with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 1 contract

Samples: Discovery Collaboration Agreement (Pharmacopeia Inc)

Settlement. With respect to any Third Party Claims that relate relating solely to the payment of money damages in connection with a Third Party Claim and that will not admit liability or violation of Applicable Law on the part of the Indemnified Party or result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any mannermanner (such as granting a license or admitting the invalidity of a Patent Controlled by an Indemnified Party), and as to which the indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)13.4.1, the indemnifying Party will have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent will not to be unreasonably withheld, delayed or conditioned). The indemnifying Party will not be liable for any settlement settlement, consent to entry of judgment, or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will admit any liability with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 1 contract

Samples: Confidential Treatment Requested (Pieris Pharmaceuticals, Inc.)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim that are subject to indemnification by the Indemnifying Party under this Article 15, and (a) that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party in any manner, (b) which includes as an unconditional term thereof, the giving by each claimant or plaintiff to the Indemnified Party of a release from all liability in respect of such claim and (c) as to which the indemnifying Indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)15.3.2, the indemnifying Indemnifying Party will have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss Loss; provided that it obtains the prior written consent of the Indemnified Party (such which consent will not to be unreasonably withheld, delayed withheld or conditioneddelayed). The indemnifying If the Indemnifying Party does not assume and conduct the defense of a Third Party Claim as provided above, the Indemnified Party may defend against such Third Party Claim; provided that the Indemnified Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will admit any liability with respect to or settle, compromise or discharge, settle any Third Party Claim without the prior written consent of the indemnifying Indemnifying Party, such consent not to be unreasonably withheld, delayed withheld or conditioneddelayed.

Appears in 1 contract

Samples: Collaboration and License Agreement (Relay Therapeutics, Inc.)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will shall not result in the Indemnified PartyIndemnitee’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party Indemnitee in any manner, and as to which the indemnifying Indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party Indemnitee hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole reasonable discretion, will shall deem appropriateappropriate (provided, however that such terms shall include a complete and unconditional release of the Indemnified Party from all liability with respect thereto), and shall transfer to the Indemnified Party all amounts which said Indemnified Party shall be liable to pay prior to the time of the entry of judgment. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)11.4, the indemnifying Indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent not to shall be unreasonably withheld, delayed or conditionedat the Indemnified Party’s reasonable discretion). The indemnifying Indemnifying Party will that has assumed the defense of the Third Party Claim in accordance with Section 11.4 shall not be liable for any settlement or other disposition of a Loss by an Indemnified Party Indemnitee that is reached without the prior written consent of the indemnifying such Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will Indemnitee shall admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without first offering to the prior written consent Indemnifying Party the opportunity to assume the defense of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditionedThird Party Claim in accordance with Section 11.4.

Appears in 1 contract

Samples: Product Acquisition and License Agreement (Shire PLC)

Settlement. With respect No Indemnifying Party will consent to any settlement, compromise or discharge (including the consent to entry of any judgment) of any Third Party Claims Claim without the Indemnitee's prior written consent; provided, that relate solely if the Indemnifying Party unconditionally and irrevocably acknowledges in writing its obligation to indemnify the payment Indemnitee for a Third Party Claim, the Indemnitee will agree to any settlement, compromise or discharge of money damages such Third Party Claim which the Indemnifying Party may recommend and which by its terms obligates the Indemnifying Party to pay the full amount of any Damages in connection with a such Third Party Claim and unconditionally and irrevocably releases the Indemnitee (pursuant to a release which is reasonably satisfactory to the Indemnitee) completely from all Liability in connection with such Third Party Claim, provided, however, that will not result in the Indemnified Party’s becoming subject Indemnitee may refuse to agree to any such settlement, compromise or discharge (x) that provides for injunctive or other nonmonetary relief affecting the Indemnitee or (y) that, in the reasonable opinion of the Indemnitee, would otherwise adversely affecting affect the business of Indemnitee. If the Indemnified Indemnifying Party in any manner, unconditionally and as to which the indemnifying Party will have acknowledged irrevocably acknowledges in writing the its obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will have the sole right to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i), the indemnifying Party will have authority to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such consent not to be unreasonably withheld, delayed or conditioned). The indemnifying Party will not be liable Indemnitee for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party the Indemnitee will not (unless required by law) admit any liability with respect to to, or settle, compromise or discharge, any such Third Party Claim without the Indemnifying Party's prior written consent of the indemnifying Party, such (which consent will not to be unreasonably withheld). If the Indemnifying Party has not unconditionally and irrevocably acknowledged in writing its obligation to indemnify the Indemnitee for a Third Party Claim, delayed the Indemnitee may contest, settle, compromise or conditioned.discharge such Third Party Claim on such terms as it considers necessary or appropriate and shall use reasonable efforts to give the Indemnifying Party prior written notice of the terms of such settlement,

Appears in 1 contract

Samples: Stock Purchase Agreement (Conexant Systems Inc)

Settlement. With respect to any Third Claim for which the Indemnifying Party Claims has assumed the defense of such Claim in accordance with Section 14.3.2 (Control of Defense) Certain confidential information contained in this document, marked by [**], has been omitted because ADC Therapeutics SA has determined that relate the information (i) is not material and (ii) is customarily and actually treated by ADC Therapeutics as private or confidential. that relates solely to the payment of money damages in connection with a Third Party such Claim and that will not result in the Indemnified Party’s any Sobi Indemnitee or ADCT Indemnitee, as applicable, becoming subject to specific performance, injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in monetary payment or admits any mannerwrongdoing or guilt, and as to which the indemnifying Indemnifying Party will have has acknowledged in writing the obligation to indemnify the Indemnified Party all Sobi Indemnitees or ADCT Indemnitees, as applicable, hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such LossClaim, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will shall deem appropriate; provided that the Indemnifying Party may not enter into any compromise or settlement without the prior written consent of the Indemnified Party unless such compromise or settlement includes as an unconditional term thereof, the giving by each claimant or plaintiff to the Indemnified Party and all Sobi Indemnitees or ADCT Indemnitees, as applicable, a release from all liability in respect of such Claim. With respect to all other Losses in connection with Third Party Claims, where Claims for which the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i14.3.2 (Control of Defense), the indemnifying Indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss Claim; provided that it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed conditioned or conditioneddelayed). The indemnifying If the Indemnifying Party will has assumed the defense of a Claim in accordance with Section 14.3.2 (Control of Defense), the Indemnifying Party shall not be liable for any settlement or other disposition of such Claim by a Loss by an Indemnified Party Sobi Indemnitee or a ADCT Indemnitee, as applicable, that is reached without the prior written consent of the indemnifying PartyIndemnifying Party (which consent shall not be unreasonably withheld, conditioned or delayed). Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no the Indemnified Party will shall not, and the Indemnified Party shall ensure that each Sobi Indemnitee or ADCT Indemnitee, as applicable, does not, admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim for which it has or intends to seek indemnification under Section 14.1 (Indemnification by Sobi) or Section 14.2 (Indemnification by ADCT), as applicable, without the prior written consent of the indemnifying Party, such Indemnifying Party (which consent shall not to be unreasonably withheld, delayed conditioned or conditioneddelayed).

Appears in 1 contract

Samples: License Agreement (ADC Therapeutics SA)

Settlement. With respect to any Third Party Claims that relate solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any manner, and as to which the indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will have the sole right to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i), the indemnifying Party will have authority to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such consent not to be unreasonably withheld, delayed or conditioned). The indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will admit any liability with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.. 30 Exclusive License Agreement between CureVac AG and Acuitas Therapeutics Inc. EXECUTION COPY

Appears in 1 contract

Samples: License Agreement (CureVac B.V.)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party in any manner, and as to which the indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i10.3.2(a), the indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed withheld or conditioneddelayed). The indemnifying Party will shall not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will shall admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 1 contract

Samples: License and Development Agreement (Hana Biosciences Inc)

Settlement. With respect to any Third Party Claims that relate solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any manner, and as to which the indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will have the sole right to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i), the indemnifying Party will have authority to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such consent not to be unreasonably withheld, delayed or conditioned). The indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will admit any liability with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.. Non-Exclusive License Agreement between CureVac AG and Acuitas Therapeutics Inc EXECUTION COPY

Appears in 1 contract

Samples: License Agreement (CureVac B.V.)

Settlement. With respect to any Third Third-Party Claims that relate solely to the payment of money damages in connection with a Third Third-Party Claim and that will not (A) result in the Indemnified Party’s becoming subject to injunctive or other relief relief, (B) include any admission or concession of liability or wrongdoing on the part of the Indemnified Party, or (C) otherwise adversely affecting affect the business of the Indemnified Party in any manner, and as to which the indemnifying Indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will have the sole right to agree to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Third-Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Third-Party Claim in accordance with Section 9.6(d)(i), the indemnifying Indemnifying Party will have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss Loss, provided it obtains the prior written consent of the Indemnified Party (such which consent will not to be unreasonably withheld, delayed or conditioned). The indemnifying Where the Indemnifying Party has assumed the defense of the Third-Party Claim in accordance with Section 9.6(d)(i), the Indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Third-Party Claim, no Indemnified Party will admit any liability with respect to or settle, compromise or discharge, any Third Third-Party Claim without the prior written consent of the indemnifying Indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.. NON-EXCLUSIVE LICENSE AGREEMENT BETWEEN ACUITAS THERAPEUTICS, INC. AND OMEGA THERAPEUTICS, INC. MYC EXECUTION COPY CERTAIN CONFIDENTIAL INFORMATION IN THIS DOCUMENT, MARKED BY [***], HAS BEEN OMITTED BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) WOULD BE COMPETITIVELY HARMFUL IF PUBLICLY DISCLOSED

Appears in 1 contract

Samples: Non Exclusive License Agreement (Omega Therapeutics, Inc.)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting affect the business of the Indemnified Party in any manner, and as to which the indemnifying Indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with *Confidential Treatment Requested. Omitted portions filed separately with the Commission. Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i14.4(b)(i), the indemnifying Indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided that it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed conditioned or conditioneddelayed). The indemnifying Indemnifying Party will shall not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will shall admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such Indemnifying Party (which consent shall not to be unreasonably withheld, delayed conditioned or conditioneddelayed).

Appears in 1 contract

Samples: Commercial Services Agreement (Cubist Pharmaceuticals Inc)

Settlement. With respect to any Third Party Claims that relate relating solely to the payment of money damages in connection with a Third Party Claim and that will shall not admit liability or violation of Law on the part of the Indemnified Party or result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any mannermanner (such as granting a license or admitting the invalidity of a Patent Controlled by an Indemnified Party), and as to which the indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i11.4(a), the indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed or conditioned). The indemnifying Party will shall not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will shall admit any liability with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditioned.

Appears in 1 contract

Samples: Collaboration and License Agreement (Isis Pharmaceuticals Inc)

Settlement. With respect to any Third Party Claims that relate Losses related solely to the payment of money damages in connection with a Third Party Claim that (a) includes a complete and that unconditional release of the Indemnified Party, (b) will not result in the Indemnified Party’s Party admitting liability, becoming subject to injunctive or other equitable relief or that will otherwise adversely affecting affect the business of the Indemnified Party in any manner, and (c) as to which the indemnifying Indemnifying Party will have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)12.2.2, the indemnifying Indemnifying Party will have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent will not to be unreasonably withheld, delayed conditioned or conditioneddelayed). The indemnifying Indemnifying Party will not be liable for any settlement or other disposition of a Loss by an the Indemnified Party that is reached without the prior written consent of the indemnifying Indemnifying Party. Regardless of whether the indemnifying Indemnifying Party chooses to defend or prosecute any Third Party Claim, no the Indemnified Party will not admit any liability with respect to to, or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Indemnifying Party, such consent not to be unreasonably withheld, delayed withheld or conditioneddelayed.

Appears in 1 contract

Samples: Development and Commercialization Funding Agreement (Reata Pharmaceuticals Inc)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will shall not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any manner, and as to which the indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the a Third Party Claim in accordance with Section 9.6(d)(i11.4.1 (In General), the indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss Loss; provided that it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed conditioned or conditioneddelayed). The If the indemnifying Party will does not be liable for any settlement or other disposition assume and conduct the defense of a Loss by an Third Party Claim as provided above, the Indemnified Party that is reached without the prior written consent of the indemnifying Partymay defend against such Third Party Claim. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will shall admit any liability with respect to to, or settle, compromise or dischargedispose of, any Third Party Claim without the prior written consent of the indemnifying Party, such which consent shall not to be unreasonably withheld, delayed conditioned or conditioneddelayed. The indemnifying Party shall not be liable for any settlement, compromise or other disposition of a Loss by an Indemnified Party that is reached without the written consent of the indemnifying Party, which consent shall not be unreasonably withheld, conditioned or delayed.

Appears in 1 contract

Samples: Option and License Agreement (Alpine Immune Sciences, Inc.)

Settlement. With respect to For any Third Party Claims that relate Losses (i) relating solely to the payment of money damages in connection with a Third Party Claim and Claim, (ii) that will not result in the Indemnified Party’s Party becoming subject to injunctive or other relief or otherwise adversely affecting affect the business or reputation of the Indemnified Party in any manner, and (iii) as to which the indemnifying Indemnifying Party will have has acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Indemnifying Party will have the sole right to agree consent to the entry of any judgment, enter into any settlement settlement, or otherwise dispose of such the Loss, on such terms as the indemnifying Indemnifying Party, in its sole discretion, will deem considers appropriate. With respect to For all other Losses in connection with Third Party Claims, where the indemnifying Indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i9.3(a), the indemnifying Indemnifying Party will have authority to agree consent to the entry of any judgment, enter into any settlement settlement, or otherwise dispose of such the Loss provided but it obtains must obtain the prior written consent of the Indemnified Party (such Party, which consent not to be unreasonably withheld, delayed or conditioned). The indemnifying Party will not be liable for any settlement unreasonably withheld or other disposition of a Loss by an Indemnified delayed. The Indemnifying Party that is reached will not, without the prior written consent of the indemnifying Indemnified Party. Regardless of whether , agree to any settlement or acquiesce to any judgment for a Claim that obligates the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will to pay any amount subject to indemnification by the Indemnifying Party or causes the Indemnified Party to admit to any liability civil or criminal liability. [***] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed or conditionedomitted portions.

Appears in 1 contract

Samples: Manufacturing and Supply Agreement (Zosano Pharma Corp)

Settlement. With respect to any Third Party Claims that relate relating solely to the payment of money damages in connection with a Third Party Claim and that will shall not result in the Indemnified Party’s becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any manner, and as to which the indemnifying Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i)12.4.1, the indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss provided it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed withheld or conditioneddelayed). The indemnifying Party will shall not be liable for any settlement or other disposition of a Loss by an the Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether the indemnifying Party chooses to defend or prosecute any Third Party Claim, no Indemnified Party will shall admit any liability with respect to or settle, compromise or discharge, any Third Party Claim without the prior written consent of the indemnifying Party, such consent not to be unreasonably withheld, delayed withheld or conditioneddelayed.

Appears in 1 contract

Samples: License Agreement (GPC Biotech Ag)

Settlement. With respect to any Third Party Claims that relate Losses relating solely to the payment of money damages in connection with a Third Party Claim and that will shall not result in the Indemnified Party’s applicable indemnitee(s) becoming subject to injunctive or other relief or otherwise adversely affecting the business of the Indemnified Party in any manner, manner and as to which the indemnifying CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY [***], HAS BEEN OMITTED BECAUSE DERMAVANT SCIENCES LTD. HAS DETERMINED THE INFORMATION (I) IS NOT MATERIAL AND (II) WOULD LIKELY CAUSE COMPETITIVE HARM TO DERMAVANT SCIENCES LTD. IF PUBLICLY DISCLOSED. Party will shall have acknowledged in writing the obligation to indemnify the Indemnified Party applicable indemnitee hereunder, and subject to the Litigation Conditions being satisfied, the indemnifying Party will shall have the sole right to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss, on such terms as the indemnifying Party, in its sole discretion, will shall deem appropriate. With respect to all other Losses in connection with Third Party Claims, where the indemnifying Party has assumed the defense of the Third Party Claim in accordance with Section 9.6(d)(i8.3.2 (Indemnification Procedures; Control of Defense), the indemnifying Party will shall have authority to agree consent to the entry of any judgment, enter into any settlement or otherwise dispose of such Loss Loss; provided it obtains the prior written consent of the Indemnified Party (such which consent shall not to be unreasonably withheld, delayed conditioned or conditioneddelayed). The indemnifying Party will not be liable for any settlement or other disposition of a Loss by an Indemnified Party that is reached without the prior written consent of the indemnifying Party. Regardless of whether If the indemnifying Party chooses to does not assume and conduct the defense of a Third Party Claim as provided above, the Indemnified Party may defend or prosecute any against such Third Party Claim, no ; provided that the Indemnified Party will admit any liability with respect to or settle, compromise or discharge, shall not settle any Third Party Claim without the prior written consent of the indemnifying Party, such Party (which consent shall not to be unreasonably withheld, delayed conditioned or conditioneddelayed).

Appears in 1 contract

Samples: License Agreement (Dermavant Sciences LTD)

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