Unauthorized Settlements. Whether or not the Indemnifying Party has assumed control of the Action, the Indemnified Party will not consent to the entry of any judgment or enter into any settlement with respect to any Action for which it is seeking indemnification hereunder without the prior written consent of the Indemnifying Party (which consent shall not be unreasonably withheld, conditioned or delayed), and such Indemnifying Party shall not be obligated to indemnify or reimburse the Indemnified Party hereunder for any settlement entered into, or any judgment that was consented to, by the Indemnified Party without the Indemnifying Party’s prior written consent.
Appears in 3 contracts
Sources: License and Collaboration Agreement (F-Star Therapeutics, Inc.), License Agreement (Geron Corp), Collaboration and License Agreement (Geron Corp)
Unauthorized Settlements. Whether or not the Indemnifying Party has assumed control of the Action, the The Indemnified Party will not consent to the entry of any judgment or enter into any settlement with respect to any Action for which it is seeking indemnification hereunder without the prior written consent of the Indemnifying Party (which consent shall not be unreasonably withheld, conditioned or delayed), and such Indemnifying Party shall not be obligated to indemnify or reimburse the Indemnified Party hereunder for any settlement entered into, or any judgment that was consented to, by the Indemnified Party without the Indemnifying Party’s prior written consent.
Appears in 3 contracts
Sources: License Agreement (Arrowhead Pharmaceuticals, Inc.), License Agreement (Arrowhead Pharmaceuticals, Inc.), Research Collaboration and Option Agreement (Arrowhead Pharmaceuticals, Inc.)
Unauthorized Settlements. Whether or not the Indemnifying Party has assumed control of the ActionProceeding, the Indemnified Party will not consent to the entry of any judgment or enter into any settlement with respect to any Action for which it is seeking indemnification hereunder without the prior written consent of the Indemnifying Party (which consent shall not be unreasonably withheld, conditioned or delayed), and such Indemnifying Party shall not be obligated to indemnify or reimburse the Indemnified Party hereunder for any settlement entered into, or any judgment that was consented to, by the Indemnified Party without the Indemnifying Party’s prior written consentconsent (which consent shall not be unreasonably withheld, conditioned or delayed).
Appears in 2 contracts
Sources: Collaboration Agreement (Gilead Sciences Inc), License and Collaboration Agreement (Gilead Sciences Inc)
Unauthorized Settlements. Whether or not the Indemnifying Party has assumed control of the Action, the The Indemnified Party will shall not consent to the entry of any judgment or enter into any settlement with respect to any Action for which it is seeking indemnification hereunder without the prior written consent of the Indemnifying Party (which consent shall not be unreasonably withheld, conditioned or delayed), and such Indemnifying Party shall not be obligated to indemnify or reimburse the Indemnified Party hereunder for any settlement entered into, or any judgment that was consented to, by the Indemnified Party without the Indemnifying Party’s prior written consent.
Appears in 1 contract
Sources: Collaboration and License Agreement (Achillion Pharmaceuticals Inc)