Settlements and Compromises Clause Samples
Settlements and Compromises. Neither the party having the right to indemnification nor the party having the indemnification obligation under this Section 12 may settle or compromise any such claim, suit, action or proceeding unless (i) the other party consents in writing (which consent may not be unreasonably withheld) and (ii) the terms of that settlement or compromise release the other party from any and all liability with respect to that claim.
Settlements and Compromises. No Participant shall settle or compromise --------------------------- any claims or lawsuit relating to the liabilities and/or losses addressed in this Article without the written consent of the other involved Participants if the settlement or compromise obliges such other Participant(s) to make any payment, or to part with any property, or to assume any obligation, or to grant any licenses or other rights, or to be subject to any injunction by reason of such settlement or compromise.
Settlements and Compromises. The Company shall not, and shall not permit any of its Subsidiaries to, settle or compromise any suit, action or claim pending or threatened against any of them relating to any potential or actual liability of the Company or its Subsidiaries under Environmental Law that is not otherwise covered by environmental insurance which, individually or together with all other such settlements and compromises, is in excess of $500,000.
Settlements and Compromises. Agency is authorized to settle Accounts for less than the entire balance subject to certain Debt Owner restrictions. Agency shall use its best judgement when making a settlement to debtors including payment programs. Agency may accept proposals of compromise or settlement of an Account for less than the agreed upon settlement percentage of the amount owed, subject to Debt Owner’s prior approval regarding the Account. Repayment schedules will not exceed 120 days on settlements or 12 months on full balance payment arrangements
Settlements and Compromises. No Party shall settle or compromise any --------------------------- claims or lawsuit relating to the liabilities and/or losses addressed in this Article without the written consent of the other involved Parties if the settlement or compromise obliges such other Party(s) to make any payment, or to part with any property, or to assume any obligation, or to grant any licenses or other rights, or to be subject to any injunction by reason of such settlement or compromise.
Settlements and Compromises. The Sellers shall not enter into any compromise or settlement of any Proceeding relating to the Assets, the Assumed Liabilities or the Business.
Settlements and Compromises. The parties accept and agree that no settlement or compromise between the parties will be binding or of any force or effect unless the terms thereof have been reduced to writing and recorded in one document, which must be signed by both parties in black ink.