Settlement Clause Example with 5 Variations from Business Contracts

This page contains Settlement clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Settlement. The Company acknowledges that a settlement or other disposition short of final judgment may be successful if it permits a party to avoid expense, delay, distraction, disruption and uncertainty. In the event that any Claim to which Indemnitee is a party is resolved in any manner other than by adverse judgment against Indemnitee (including, without limitation, settlement of such Claim with or without payment of money or other consideration) it shall be presumed that Indemnitee has been successful ...on the merits or otherwise in such Claim. Anyone seeking to overcome this presumption shall have the burden of proof. View More
Found in FRESH GRAPES, LLC contract

Variations of a "Settlement" Clause from Business Contracts

Settlement. (a) Indemnitee shall be entitled to settle any Claim, in whole or in part, in such Indemnitee's sole discretion. To the fullest extent permitted by law, any settlement of a Claim by Indemnitee shall be deemed the Final Disposition of such Claim for all purposes of this Agreement. The Company acknowledges that a settlement or other disposition short of final judgment on the merits may be successful if it permits a party to avoid expense, delay, distraction, disruption disruption, and uncertainty.... In the event that any Claim to which Indemnitee is a party is resolved in any manner other than by adverse judgment against Indemnitee (including, without limitation, settlement of such Claim with or without payment of money or other consideration) it shall be presumed that Indemnitee has been successful on the merits or otherwise in such Claim. Anyone Any individual or entity seeking to overcome this presumption shall have the burden to prove by clear and convincing evidence that Indemnitee has not been successful on the merits or otherwise in such Claim. (b) Indemnitee shall be entitled to participate in, and assume, the defense of proof. any Claim. Indemnitee shall have the right to employ such Indemnitee's own legal counsel in connection with any Claim, and any attorneys' fees and costs actually and reasonably incurred by or on behalf of Indemnitee shall be payable by the Company in accordance with this Agreement. View More
Found in GCI LIBERTY, INC. contract
Settlement. The Company acknowledges that a settlement or other disposition short of final judgment may be successful if it permits a party to avoid expense, delay, distraction, disruption and uncertainty. In the event that any Claim action, claim or proceeding to which Indemnitee is a party is resolved in any manner other than by adverse judgment against Indemnitee (including, without limitation, settlement of such Claim action, claim or proceeding with or without payment of money or other consideration) i...t shall be presumed that Indemnitee has been successful on the merits or otherwise in such Claim. action, suit or proceeding. Anyone seeking to overcome this presumption shall have the burden of proof. 6 7. No Duplication of Payments. The Company shall not be liable under this Agreement to make any payment in connection with any Claim made against Indemnitee to the extent Indemnitee has otherwise actually received payment (under any insurance policy, provision of the Certificate of Incorporation, Bylaws or otherwise) of the amounts otherwise indemnifiable hereunder. View More
Found in Interpace Diagnostics Group, Inc. contract
Settlement. Indemnitee shall be entitled to settle any Claim, in whole or in part, in such Indemnitee's sole discretion. To the fullest extent permitted by law, any settlement of a Claim by Indemnitee shall be deemed the Final Disposition of such Claim for all purposes of this Agreement. The Company acknowledges that a settlement or other disposition short of final judgment on the merits may be successful if it permits a party to avoid expense, delay, distraction, disruption disruption, and uncertainty. In ...the event that any Claim to which Indemnitee is a party is resolved in any manner other than by adverse judgment against Indemnitee (including, without limitation, settlement of such Claim with or without payment of money or other consideration) it shall be presumed that Indemnitee has been successful on the merits or otherwise in such Claim. Anyone Any individual or entity seeking to overcome this presumption shall have the burden of proof. to prove by clear and convincing evidence that Indemnitee has not been successful on the merits or otherwise in such Claim. View More
Found in BKV Corp contract
Settlement. The Company acknowledges that a settlement or other disposition short of final judgment may be successful if it permits a party to avoid expense, delay, distraction, disruption and uncertainty. In the event that any Claim action, claim or proceeding to 13 which Indemnitee is a party is resolved in any manner other than by adverse judgment against Indemnitee (including, without limitation, settlement of such Claim action, claim or proceeding with or without payment of money or other consideration...) it shall be presumed that Indemnitee has been successful on the merits or otherwise in such Claim. action, suit or proceeding. Anyone seeking to overcome this presumption shall have the burden of proof. View More
Found in MADRIGAL PHARMACEUTICALS, INC. contract
Settlement. The Company acknowledges that a settlement or other disposition short of final judgment may be successful if it permits a party to avoid expense, delay, distraction, disruption and uncertainty. In the event that any Claim action, claim or proceeding to which Indemnitee is a party is resolved in any manner other than by adverse judgment against Indemnitee (including, without limitation, settlement of such Claim action, claim or proceeding with or without payment of money or other consideration) i...t shall be presumed that Indemnitee has been successful on the merits or otherwise in such Claim. action, suit or proceeding. Anyone seeking to overcome this presumption shall have the burden of proof. View More
Found in 3 Contracts from 3 Companies