Admission of Liability. No admission of liability and no settlement of any Proceeding shall be made by the Corporation without the prior written consent of the Indemnified Parties affected, such consent not to be unreasonably withheld. No admission of liability and no settlement of any Proceeding shall be made by an Indemnified Party without the prior written consent of the Corporation and the other Indemnified Parties affected, such consent not to be unreasonably withheld.
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Samples: Agency Agreement (Gryphon Gold Corp), Agency Agreement (Gryphon Gold Corp), Agency Agreement (Surge Global Energy, Inc.)
Admission of Liability. No admission of liability and no settlement of any Proceeding shall be made by the Corporation or Surge U.S. without the prior written consent of the Indemnified Parties affected, such consent not to be unreasonably withheld. No admission of liability and no settlement of any Proceeding shall be made by an Indemnified Party without the prior written consent of the Corporation or Surge U.S. and the other Indemnified Parties affected, such consent not to be unreasonably withheld.
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