Indemnification Contract Clauses (12,390)

Grouped Into 316 Collections of Similar Clauses From Business Contracts

This page contains Indemnification clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Indemnification. 8.1 By TOP. TOP will indemnify, defend, and hold harmless JP, and its officers, directors, members, managers, and employees from any losses, liabilities, damages, penalties, awards, settlements, costs, and expenses, including reasonable attorneys' fees, (collectively, "Losses") incurred in relation to a third-party claim arising out of any: (i) gross negligence, willful misconduct, or violation of applicable law by the indemnifying Party; (ii) personal injury, death, or loss of or damage to prop...erty caused by the indemnifying Party; (iii) breach of any representations and warranties by the indemnifying Party in Section 6; or (iv) any modification or termination of the applicable TOL License which may materially affect JP's rights under this Agreement, unless JP has given prior written consent to such modification or termination, which will not be unreasonably withheld or delayed. 8.2 By JP. JP will indemnify, defend, and hold harmless TOP and its officers, directors, members, managers, and employees, from any Losses incurred in relation to a third-party claim arising out of any: (i) gross negligence, willful misconduct, or violation of applicable law by JP or the JP Contractors; (ii) personal injury, death, or loss of or damage to property caused by JP or the JP Contractors; or (iii) breach of any representations and warranties by JP in Section 6. JP will indemnify, defend, and hold harmless TOP and its officers, directors, members, managers, and employees from any Losses incurred in relation to any claim by TOL against TOP arising out of the TOL License related to activities of JP or the JP Contractors with regards to the Limited Pharmaceutical Business. JP's obligations under this Section 8.2 will not apply to the extent a claim is related to TOP's breach of, or actions beyond the scope of, the TOL License or this Agreement. 8.3 Procedures. The Party entitled to indemnification for a claim hereunder (the "Indemnified Party") will promptly give written notice to the other Party (the "Indemnifying Party") of such claim, provided that a delay will not affect the Indemnifying Party's obligations except to the extent such delay is materially prejudicial to it. The Indemnified Party will give the Indemnifying Party full control of the defense upon request, and will provide all cooperation and information reasonable requested by the Indemnifying Party in relation to the defense. The Indemnifying Party will not, without the Indemnified Party's prior written consent, enter into any settlement that imposes any non-monetary obligations or liability on the Indemnified Party. View More
Indemnification. 8.1 By TOP. TOP will indemnify, defend, and hold harmless JP, TP, and its officers, directors, members, managers, and employees from any losses, liabilities, damages, penalties, awards, settlements, costs, and expenses, including reasonable attorneys' fees, (collectively, "Losses") incurred in relation to a third-party claim arising out of any: (i) gross negligence, willful misconduct, or violation of applicable law by the indemnifying Party; (ii) personal injury, death, or loss of or damage to ...property caused by the indemnifying Party; (iii) breach of any representations and warranties by the indemnifying Party in Section 6; or (iv) any modification or termination of the applicable TOL License which may materially affect JP's TP's rights under this Agreement, unless JP TP has given prior written consent to such modification or termination, which will not be unreasonably withheld or delayed. 8.2 By JP. JP TP. TP will indemnify, defend, and hold harmless TOP and its officers, directors, members, managers, and employees, from any Losses incurred in relation to a third-party claim arising out of any: (i) gross negligence, willful misconduct, or violation of applicable law by JP TP or the JP TP Contractors; (ii) personal injury, death, or loss of or damage to property caused by JP TP or the JP TP Contractors; or (iii) breach of any representations and warranties by JP TP in Section 6. JP TP will indemnify, defend, and hold harmless TOP and its officers, directors, members, managers, and employees from any Losses incurred in relation to any claim by TOL against TOP arising out of the TOL License related to activities of JP TP or the JP TP Contractors with regards to the Limited Pharmaceutical Business. JP's TP's obligations under this Section 8.2 will not apply to the extent a claim is related to TOP's breach of, or actions beyond the scope of, the TOL License or this Agreement. 7 8.3 Procedures. The Party entitled to indemnification for a claim hereunder (the "Indemnified Party") will promptly give written notice to the other Party (the "Indemnifying Party") of such claim, provided that a delay will not affect the Indemnifying Party's obligations except to the extent such delay is materially prejudicial to it. The Indemnified Party will give the Indemnifying Party full control of the defense upon request, and will provide all cooperation and information reasonable requested by the Indemnifying Party in relation to the defense. The Indemnifying Party will not, without the Indemnified Party's prior written consent, enter into any settlement that imposes any non-monetary obligations or liability on the Indemnified Party. View More
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Indemnification. 9.1 Mutual Indemnification. Each party shall indemnify, defend and hold harmless the other party and its officers, directors, employees, agents, successors and assigns (each, an "Indemnitee") against all Losses arising out of or resulting from any third party claim, suit, action or proceeding related to or arising out of or resulting from the party's breach of any representation, warranty, covenant or obligation under this Agreement (each an "Action"). 9.2 Indemnification by Licensor. In the eve...nt that Licensee is sue by a third party regarding the Licensed Information, Licensor agrees to indemnify Licensee from all litigation related to the use of the Licensed Information, including, specifically, the payment of any defense against third parties for intellectual property infringement or other liability. 9.3 Indemnification Procedure. The indemnified party shall promptly notify the indemnifying party in writing of any Action and cooperate with the indemnified party at the indemnifying party's sole cost and expense. The indemnifying party shall immediately take control of the defense and investigation of the Action and shall employ counsel reasonably acceptable to indemnified party 9 to handle and defend the same, at the indemnifying party's sole cost and expense. The indemnifying party shall not settle any Action in a manner that adversely affects the rights of any indemnified party without the indemnified party's prior written consent, which shall not be unreasonably withheld or delayed. The indemnified party's failure to perform any obligations under this Section shall not relieve the indemnifying party of its obligation under this Section except to the extent that the indemnifying party can demonstrate that it has been prejudiced as a result of the failure. The indemnified party may participate in and observe the proceedings at its own cost and expense with counsel of its own choosing. View More
Indemnification. 9.1 Mutual 14.1 Licensor Indemnification. Each party Licensor shall indemnify, defend defend, and hold harmless the other party Licensee and its officers, directors, employees, agents, successors successors, and assigns (each, an "Indemnitee") a "Licensee Indemnitee") against all Losses arising out of or resulting from any third party claim, suit, action action, or proceeding (each an "Action") related to, arising out of, or resulting from Licensor's breach of any representation, warranty, coven...ant, or obligation under this Agreement including but not limited to claims by a third party of infringement based on the manufacture, use, or sale of items embodying the inventions of the Licensed Patents and/or the Applied DNA Technology. 14.2 Licensee Indemnification. Licensee shall indemnify, defend, and hold harmless Licensor and its officers, directors, employees, agents, successors, and assigns (each, a "Licensor Indemnitee") against all Losses arising out of or resulting from the party's any Action related to, arising out of, or resulting from Licensee breach of any representation, warranty, covenant covenant, or obligation under this Agreement (each an "Action"). 9.2 Indemnification by Licensor. In the event that Licensee is sue by a third party regarding the Licensed Information, Licensor agrees to indemnify Licensee from all litigation related to the use of the Licensed Information, including, specifically, the payment of any defense against third parties for intellectual property infringement or other liability. 9.3 Agreement. 14.3 Indemnification Procedure. The indemnified party shall promptly notify the indemnifying party in writing of any Action and cooperate with the indemnified party at the indemnifying party's sole cost and expense. The indemnifying party shall immediately take control of the defense and investigation of the Action and shall employ counsel reasonably acceptable to indemnified party 9 to handle and defend the same, at the indemnifying party's sole cost and expense. The indemnifying party shall not settle any Action in a manner that adversely affects the rights of any indemnified party without the indemnified party's prior written consent, which shall not be unreasonably withheld or delayed. The indemnified party's failure to perform any obligations under this Section 14.3 shall not relieve the indemnifying party of its obligation under this Section 14, except to the extent that the indemnifying party can demonstrate that it has been materially prejudiced as a result of the failure. The indemnified party may participate in and observe the proceedings at its own cost and expense with counsel of its own choosing. View More
Indemnification. 9.1 Mutual Indemnification. 13.1 Each party Party shall indemnify, defend and hold harmless the other party Party and its officers, directors, employees, agents, successors and assigns (each, an "Indemnitee") against all Losses arising out of or resulting from any third party claim, suit, action or proceeding related to or arising out of or resulting from the party's a Party's breach of any representation, warranty, covenant or obligation under this Agreement (each an "Action"). 9.2 Indemnificat...ion by Licensor. In 13.2 Licensor shall indemnify, defend and hold harmless each of the event Indemnitees against all Losses arising out of, resulting from or relating to any Action involving a claim that Licensee is sue by a third party regarding the Licensed Information, Licensor agrees to indemnify Licensee from all litigation related to the any use of any Technology in the Licensed Information, including, specifically, Territory, or the payment exercise of any defense against third parties for rights or privileges by Licensee granted to it under this Agreement, infringes any patent, trademark, copyright, or other intellectual property infringement or other liability. 9.3 right of any third party. 16 13.3 Indemnification Procedure. The indemnified party shall promptly notify the indemnifying party in writing of any Action and cooperate with the indemnified party at the indemnifying party's sole cost and expense. The indemnifying party shall immediately take control of the defense and investigation of the Action and shall employ counsel reasonably of its choice/reasonably acceptable to indemnified party 9 to handle and defend the same, at the indemnifying party's sole cost and expense. The indemnifying party shall not settle any Action in a manner that adversely affects the rights of any indemnified party without the indemnified party's prior written consent, which shall not be unreasonably withheld or delayed. consent. The indemnified party's failure to perform any obligations under this Section 13.3 shall not relieve the indemnifying party of its obligation under this Section 13.3 except to the extent that the indemnifying party can demonstrate that it has been materially prejudiced as a result of the failure. The indemnified party may participate in and observe the proceedings at its own cost and expense with counsel of its own choosing. View More
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Indemnification. The Company hereby agrees to indemnify and hold harmless the officers and employees of the Company, and the members of its Board, from all losses, claims, costs or other liabilities arising from their acts or omissions in connection with the administration, amendment or termination of the Plan, to the maximum extent permitted by applicable law. This indemnity will cover all such liabilities, including judgments, settlements and costs of defense. The Company will provide this indemnity from its o...wn funds to the extent that insurance does not cover such liabilities. This indemnity is in addition to and not in lieu of any other indemnity provided to such person by the Company. View More
Indemnification. The Company hereby agrees to indemnify indemnify, defend and hold harmless the directors, officers and employees of the Company, Company and the members its Subsidiaries, and each of its Board, their respective affiliates, agents and representatives, from any and all losses, claims, costs or other liabilities arising from their acts or omissions in connection with the administration, amendment or termination of the Plan, to the maximum extent permitted by applicable law. This indemnity will cove...r all such liabilities, including judgments, settlements settlements, and costs of defense. The Company will provide this indemnity from its own funds to the extent that insurance does not cover such liabilities. This indemnity is in addition to and not in lieu of any other indemnity provided to any such person by the Company. View More
Indemnification. The Company hereby agrees to indemnify and hold harmless the officers and employees of the Company, and the members of its Board, boards of directors, from all losses, claims, costs or other liabilities arising from their acts or omissions in connection with the administration, amendment or termination of the Plan, to the maximum extent permitted by applicable law. This indemnity will cover all such liabilities, including judgments, settlements and costs of defense. The Company will provide this... indemnity from its own funds to the extent that insurance does not cover such liabilities. This indemnity is in addition to and not in lieu of any other indemnity provided to such person by the Company. Company by written agreement, by-laws, incorporation documents or state law. View More
Indemnification. The Company hereby agrees to indemnify and hold harmless the officers and employees of the Company, and the members of its Board, boards of directors, from all losses, claims, costs or other liabilities arising from their acts or omissions in connection with the administration, amendment or termination of the Plan, to the maximum extent permitted by applicable law. This indemnity will cover all such liabilities, including judgments, settlements and costs of defense. The Company will provide this... indemnity from its own funds to the extent that insurance does not cover such liabilities. This indemnity is in addition to and not in lieu of any other indemnity provided to such person by the Company. Company by written agreement, by-laws, incorporation documents or state law. View More
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Indemnification. Consultant shall indemnify and hold harmless the Client and its officers, directors, agents, owners, and employees, for any claims brought or liabilities imposed against the Client by Consultant or any of his employees or by any other party (including private parties, governmental bodies and courts) arising from or in connection with the services performed by Consultant, including claims related to worker's compensation, wage and hour laws, employment taxes, and benefits, and whether relating to... Consultant's status as an independent contractor, the status of his personnel, or any other matters involving the acts or omissions of Consultant and his personnel. Indemnification shall be for any and all losses and damages, including costs and attorneys' fees. View More
Indemnification. Consultant Client shall indemnify and hold harmless the Client and its officers, directors, agents, owners, and employees, Consultant for any claims brought or liabilities imposed against the Consultant by Client by Consultant or any of his employees or by any other party (including private parties, governmental bodies and courts) arising from or in connection with the services performed by Consultant, courts), including claims related to worker's compensation, wage and hour laws, employment tax...es, and benefits, and whether relating to Consultant's status as an independent contractor, the status of his personnel, or any other matters involving the acts or omissions of Consultant and his personnel. Consultant. Indemnification shall be for any and all losses and damages, including costs and attorneys' fees. View More
Indemnification. Consultant shall indemnify and hold harmless the Client and its officers, directors, agents, owners, and employees, for any claims brought or liabilities imposed against the Client by Consultant or any of his his/her employees or by any other party (including private parties, governmental bodies and courts) arising from or in connection with the services performed by Consultant, courts), including claims related to worker's compensation, wage and hour laws, employment taxes, and benefits, and wh...ether relating to Consultant's status as an independent contractor, the status of his his/her personnel, or any other matters involving the acts or omissions of Consultant and his his/her personnel. Indemnification shall be for any and all losses and damages, including costs and attorneys' fees. 4 16. Insurance. Consultant will obtain for him/herself and his/her personnel before providing services, at his/her own expense, General Liability (GL) insurance coverage for consulting services performed under this Agreement and (if available under state law) worker's compensation coverage. View More
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Indemnification. Subscriber hereby agrees to indemnify and hold harmless the Company and the Company's officers, directors, employees, agents and affiliates from and against any and all damages, losses, costs, liabilities and expenses (including, without limitation, reasonable attorneys' fees) which they, or any of them, may incur by reason of the Subscriber's failure to fulfill any of the terms and conditions of this Agreement or by reason of the Subscriber's breach of any of his representations and warranties ...contained herein. This Agreement and the representations and warranties contained herein shall be binding upon the Subscriber's heirs, executors, administrators, representatives, successors and assigns. THE COMPANY HAS BEEN ADVISED THAT THE INDEMNIFICATION OF THE COMPANY, ITS OFFICERS, DIRECTORS, EMPLOYEES, AGENTS AND AFFILIATES IS DEEMED TO BE VOID AS AGAINST PUBLIC POLICY AND UNENFORCEABLE IN SOME STATES. View More
Indemnification. Subscriber hereby agrees to indemnify and hold harmless the Company and the Company's officers, directors, employees, agents agents, counsel and affiliates from and against any and all damages, losses, costs, liabilities and expenses (including, without limitation, reasonable attorneys' fees) which they, or any of them, may incur by reason of the Subscriber's failure to fulfill any of the terms and conditions of this Agreement or by reason of the Subscriber's breach of any of his representations... and warranties contained herein. This Agreement and the representations and warranties contained herein shall be binding upon the Subscriber's heirs, executors, administrators, representatives, successors and assigns. THE COMPANY HAS BEEN ADVISED THAT THE INDEMNIFICATION OF THE COMPANY, ITS OFFICERS, DIRECTORS, EMPLOYEES, AGENTS AGENTS, COUNSEL AND AFFILIATES IS DEEMED TO BE VOID AS AGAINST PUBLIC POLICY AND UNENFORCEABLE IN SOME STATES. View More
Indemnification. Subscriber hereby agrees to indemnify and hold harmless the Company and the Company's officers, directors, employees, attorneys, agents and affiliates from and against any and all damages, losses, costs, liabilities and expenses (including, without limitation, reasonable attorneys' fees) which they, or any of them, may incur by reason of the Subscriber's failure to fulfill any of the terms and conditions of this Agreement or by reason of the Subscriber's breach of any of his representations and ...warranties contained herein. This Agreement and the representations and warranties contained herein shall be binding upon the Subscriber's heirs, executors, administrators, representatives, successors and assigns. THE COMPANY HAS AND SUBSCRIBER HAVE BEEN ADVISED THAT THE INDEMNIFICATION OF THE COMPANY, ITS OFFICERS, DIRECTORS, EMPLOYEES, AGENTS AND AFFILIATES IS DEEMED TO BE VOID AS AGAINST PUBLIC POLICY AND THEREBY UNENFORCEABLE IN SOME STATES. View More
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Indemnification. The Company agrees to indemnify Tribal and related persons in accordance with the indemnification agreement attached as Exhibit A, which is incorporated herein by this reference. The provisions of Exhibit A shall survive any termination or expiration of this Agreement.
Indemnification. The Company agrees to indemnify Tribal MDB, any sub-agents and their related persons in accordance with the indemnification agreement attached as Exhibit A, which is incorporated herein by this reference. The provisions of Exhibit A shall survive any termination or expiration of this Agreement.
Indemnification. The Company agrees to indemnify Tribal NSC and related persons in accordance with the indemnification agreement attached as Exhibit A, which is incorporated herein by this reference. The provisions of Exhibit A shall survive any termination or expiration of this Agreement.
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Indemnification. Company shall indemnify, defend and hold harmless the Consultant from and against any claim or liability resulting from the Consultant's performance of the services on behalf of Company hereunder, except to the extent caused by the Consultant's gross negligence or willful misconduct. Notwithstanding the foregoing, the Consultant shall be solely liable for, and shall indemnify, defend and hold harmless the Company and its successors and assigns from and against any claim or liability of any kind ...(including penalties, fees or charges) resulting from the Consultant's failure to pay the taxes, penalties, and payments referenced in Section 9 of this Agreement. The Consultant shall further indemnify, defend and hold harmless the Company and its successors and assigns from and against any and all loss or damage resulting from any misrepresentation, or any non-fulfillment of any representation, responsibility, covenant or agreement (including any agreements Consultant may have with Vertex Pharmaceuticals, Inc.) on Consultant's part, and the Consultant shall pay reasonable attorneys' fees, costs and expenses incident thereto. View More
Indemnification. Company shall indemnify, defend and hold harmless the Consultant from and against any claim or liability resulting from the Consultant's performance of the services on behalf of Company hereunder, except to the extent caused by the Consultant's gross negligence or willful misconduct. Notwithstanding the foregoing, the The Consultant shall be solely liable for, and shall indemnify, defend and hold harmless the Company and its successors and assigns from and against any claim or liability of any k...ind (including penalties, fees or charges) resulting from the Consultant's (i) failure to pay the taxes, penalties, and payments referenced in Section 9 of this Agreement. Agreement, and/or (ii) negligent acts, errors or omissions in connection with the Consultant's performance of the services hereunder. The Consultant Company shall further be solely liable for, and shall indemnify, defend and hold harmless the Company and its successors and assigns Consultant from and against any and all loss claim or damage liability of any kind (including penalties, fees or charges) resulting from any misrepresentation, the Company's negligent acts, errors, or any non-fulfillment omissions in connection with the Consultant's performance of any representation, responsibility, covenant or agreement (including any agreements Consultant may have with Vertex Pharmaceuticals, Inc.) on Consultant's part, and the Consultant shall pay reasonable attorneys' fees, costs and expenses incident thereto. services hereunder. View More
Indemnification. Company The Consultant shall be solely liable for, and shall indemnify, defend and hold harmless the Consultant Company and its successors and assigns from and any claims, suits, judgments or causes of action initiated by any third party against any claim the Company where such actions result from or liability resulting from arise out of the Consultant's misfeasance or malfeasance in the performance of the services on behalf of Company hereunder, except to the extent caused performed by the Cons...ultant's gross negligence or willful misconduct. Notwithstanding the foregoing, the Consultant under this Agreement. The Consultant shall further be solely liable for, and shall indemnify, defend and hold harmless the Company and its successors and assigns from and against any claim or liability of any kind (including penalties, fees or charges) resulting from the Consultant's failure to pay the taxes, penalties, and payments referenced in Section 9 of this Agreement. The Consultant shall further indemnify, defend and hold harmless the Company and its successors and assigns from and against any and all loss or damage resulting from any misrepresentation, or any non-fulfillment of any representation, responsibility, covenant or agreement (including any agreements Consultant may have with Vertex Pharmaceuticals, Inc.) on the Consultant's part, as well as any and all acts, suits, proceedings, demands, assessments, penalties, judgments of or against the Company relating to or arising out of the activities of the Consultant and the Consultant shall pay reasonable attorneys' fees, costs and expenses incident thereto. View More
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Indemnification. During the Executive's engagement as a director or officer (or both) of Parent, and at all times thereafter during which the Executive may be subject to liability in connection with the Executive's performance of his duties as a director or officer (or both) of Parent, the Executive shall be entitled to the protection set forth in the Indemnification Agreement between the Executive and the Company to be entered into on or about the Commencement Date, in addition to the protection of any insuranc...e policies the Company may elect to maintain generally for the benefit of its directors and officers against all costs, charges, and expenses incurred or sustained by him in connection with any action, suit or proceeding to which he may be made a party by reason of his being or having been a director, officer or employee of the Company, as well as any rights the Executive may have under the Company's articles of incorporation and bylaws (in each case, other than any dispute, claim or controversy arising under or relating to this Agreement or otherwise arising under or relating to the Executive's engagement, equity ownership or compensation). Notwithstanding anything herein to the contrary, the Executive's rights under this Section 9 shall survive the termination or expiration of this Agreement for any reason. View More
Indemnification. During the Executive's engagement employment and service as a director or officer (or both) of Parent, and at all times thereafter during which the Executive may be subject to liability in connection with the Executive's performance of his duties as a director or officer (or both) of Parent, liability, the Executive shall be entitled to the protection set forth in the Indemnification Agreement between the Executive and the Company to be entered into on or about the Commencement Date, Company, da...ted November 3, 2015, in addition to the protection of any insurance policies the Company may elect to maintain generally for the benefit of its directors and officers against all costs, charges, and expenses incurred or sustained by him in connection with any action, suit suit, or proceeding to which he may be made a party by reason of his being or having been a director, officer officer, or employee of the Company, Company or any of its subsidiaries, as well as any rights the Executive may have under the Company's articles of incorporation and bylaws (in each case, other than any dispute, claim claim, or controversy arising under or relating to this Agreement or otherwise arising under or relating to the Executive's engagement, employment, equity ownership or compensation). Notwithstanding anything herein to the contrary, contrary herein, the Executive's rights under this Section 9 shall survive the termination or of his employment for any reason and the expiration of this Agreement for any reason. View More
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Indemnification. Company will defend, indemnify, and hold harmless each Indemnified Party from and against any and all Liabilities with respect to an Indemnification Event. The term "Indemnified Party" means each of University and its trustees, officers, faculty, students, employees, contractors, and agents. The term "Liabilities" means all damages, awards, deficiencies, settlement amounts, defaults, assessments, fines, dues, penalties, costs, fees, liabilities, obligations, taxes, liens, losses, lost profits an...d expenses (including, but not limited to, court costs, interest and reasonable fees of attorneys, accountants and other experts) that are incurred by an Indemnified Party or awarded or otherwise required to be paid to third parties by an Indemnified Party. The term "Indemnification Event" means any Claim against one or more Indemnified Parties arising out of or resulting from: (a)the development, testing, use, manufacture, promotion, sale or other disposition of any Patent Rights or Licensed Products by Company, its Affiliates, sublicensees, assignees or vendors or third parties, including, but not limited to, (i)any product liability or other Claim of any kind related to use by a third party of a Licensed Product, (ii)any Claim by a third party that the practice of any of the Patent Rights or the design, composition, manufacture, use, sale or other disposition of any Licensed Product infringes or violates any patent, copyright, trade secret, trademark or other intellectual property right of such third party, and (iii)any Claim by a third party relating to clinical trials or studies for Licensed Products; (b)any material breach of the Transaction Agreements by Company or its Affiliates or sublicensees; (c)any Claim arising from, relating to or in connection with Company's capital or debt raising activities, including but not limited to its private placement memorandum, stock purchase agreements, convertible purchase arrangements and/or debt instruments, and/or Company's written or oral statements and/or representations made about University in all such capital or debt raising activities; and (d)the enforcement of this Article 11 by any Indemnified Party. The term "Claim" means any charges, complaints, actions, suits, proceedings, hearings, investigations, claims or demands. 11.2 Reimbursement of Costs. Company will pay directly all Liabilities incurred for defense or negotiation of any Claim or will reimburse University for all documented Liabilities incident to the defense or negotiation of any Claim within thirty (30) days after Company's receipt of invoices for such fees, expenses and charges. 11.3 Control of Litigation. Company controls any litigation or potential litigation involving the defense of any Claim, including the selection of counsel, with input from University. University reserves the right to protect its interest in defending against any Claim by selecting its own counsel, with any attorneys' fees and litigation expenses paid for by Company, pursuant to Sections 11.1 and 11.2. 11.4 Other Provisions. Company will not settle or compromise any Claim giving rise to Liabilities in any manner that imposes any restrictions or obligations on University or grants any rights to the Patent Rights or the Licensed Products without University's prior written consent. If Company fails or declines to assume the defense of any Claim within thirty (30) days after notice of the Claim, or fails to reimburse an Indemnified Party for any Liabilities pursuant to Sections 11.1 and 11.2 within the thirty (30) day time period set forth in Section 11.2, then University may assume the defense of such Claim for the account and at the risk of Company, and any Liabilities related to such Claim will be conclusively deemed a liability of Company. The indemnification rights of the Indemnified Parties under this Article 11 are in addition to all other rights that an Indemnified Party may have at law, in equity or otherwise. View More
Indemnification. Company will defend, indemnify, and hold harmless each Indemnified Party from and against any and all Liabilities with respect to an Indemnification Event. The term "Indemnified Party" means each of University Penn and its trustees, officers, faculty, students, employees, contractors, and agents. The term "Liabilities" means all damages, awards, deficiencies, settlement amounts, defaults, assessments, fines, dues, penalties, costs, fees, liabilities, obligations, taxes, liens, losses, lost profi...ts and expenses (including, but not limited to, court costs, interest and reasonable fees of attorneys, accountants and other experts) that are incurred by an Indemnified Party or awarded or otherwise required to be paid to third parties by an Indemnified Party. The term "Indemnification Event" means any Claim against one or more Indemnified Parties to the extent arising out of or resulting from: (a)the development, testing, use, manufacture, promotion, sale or other disposition of any Patent Rights or Licensed Products by Company, its Affiliates, sublicensees, assignees or vendors or third parties, including, but not limited to, (i)any product liability or other Claim of any kind related to use by a third party of a Licensed Product, (ii)any Claim by a third party that the practice of any of the Patent Rights or the design, composition, manufacture, use, sale or other disposition of any Licensed Product infringes or violates any patent, copyright, trade secret, trademark or other intellectual property right of such third party, and (iii)any Claim by a third party relating to clinical trials or studies for Licensed Products; (b)any material breach of the Transaction Agreements by Company or its Affiliates or sublicensees; (c)any Claim arising from, relating to or in connection with Company's capital or debt raising activities, including but not limited to its private placement memorandum, stock purchase agreements, convertible purchase arrangements and/or debt instruments, and/or Company's written or oral statements and/or representations made about University in all such capital or debt raising activities; and (d)the enforcement of this Article 11 by any Indemnified Party. ****. The term "Claim" means any charges, complaints, actions, suits, proceedings, hearings, investigations, claims or demands. ****CERTAIN INFORMATION HAS BEEN OMITTED AND FILED SEPARATELY WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTIONS. CONFIDENTIAL TREATMENT REQUESTED 11.2 Reimbursement of Costs. Company will pay directly all Liabilities incurred for defense or negotiation of any Claim or will reimburse University Penn for all documented Liabilities incident to the defense or negotiation of any Claim within thirty (30) days **** after Company's receipt of invoices for such fees, expenses and charges. 11.3 Control of Litigation. Company controls any litigation or potential litigation involving the defense of any Claim, including the selection of counsel, with input from University. University reserves the right to protect its interest in defending against any Claim by selecting its own counsel, with any attorneys' fees and litigation expenses paid for by Company, pursuant to Sections 11.1 and 11.2. Penn. 11.4 Other Provisions. Company will not settle or compromise any Claim giving rise to Liabilities in any manner that imposes any restrictions or obligations on University Penn or grants any rights to the Patent Rights Licensed IP or the Licensed Products without University's Penn's prior written consent. If Company fails or declines to assume the defense of any Claim within thirty (30) days after notice of the Claim, or fails to reimburse an Indemnified Party for any Liabilities pursuant to Sections 11.1 and 11.2 within the thirty (30) day time period set forth in Section 11.2, then University Penn may assume the defense of such Claim for the account and at the risk of Company, and any Liabilities related to such Claim will be conclusively deemed a liability of Company. The indemnification rights of the Indemnified Parties under this Article 11 are in addition to all other rights that an Indemnified Party may have at law, in equity or otherwise. View More
Indemnification. Except to the extent that Penn is grossly negligent or engaged in willful misconduct with respect to Penn's use of the Penn Patent Rights, Company will defend, indemnify, indemnity, and hold harmless each Indemnified Party from and against any and all Liabilities with respect to an Indemnification Event. The term "Indemnified Party" means each of University Penn and its trustees, officers, faculty, students, employees, agents, contractors, employees and agents. students. The term "Liabilities" m...eans all damages, awards, deficiencies, settlement amounts, defaults, assessments, fines, dues, penalties, costs, fees, liabilities, obligations, taxes, liens, losses, lost profits and expenses (including, but not limited to, court costs, interest and reasonable fees of attorneys, accountants and other experts) that are incurred by an Indemnified Party or awarded or otherwise required to be paid to third parties by an Indemnified Party. The term "Indemnification Event" means any Claim against one or more Indemnified Parties arising out of or resulting from: (a)the (a) the development, testing, use, manufacture, promotion, sale or other disposition of any Penn Patent Rights or Licensed Products or Other Licensed Products as the case may be by Company, its Affiliates, its sublicensees, its assignees or vendors or third parties, its vendors, including, but not limited to, (i)any (x) a product liability or other Claim of any kind land related to use by a third party of a Licensed Product, (ii)any (y) a Claim by a third EXECUTION COPY party that the practice of any of the Penn Patent Rights or the design, composition, manufacture, use, sale or other disposition of any Licensed Product infringes or violates any patent, copyright, trade secret, trademark or other intellectual property right of such third party, and (iii)any (z) a Claim by a third party relating to clinical trials or studies for Licensed Products; (b)any Products or Other Licensed Products as the case may be; (b) any material breach of the Transaction Agreements this Agreement by Company or its Affiliates or sublicensees; (c)any Claim arising from, relating to or in connection with Company's capital or debt raising activities, including but not limited to its private placement memorandum, stock purchase agreements, convertible purchase arrangements and/or debt instruments, and/or Company's written or oral statements and/or representations made about University in all such capital or debt raising activities; and (d)the (c) the enforcement of this Article 11 by any Indemnified indemnified Party. The term "Claim" means any charges, complaints, actions, suits, proceedings, hearings, investigations, claims or demands. 11.2 Reimbursement of Costs. Company will pay directly all Liabilities incurred for defense or negotiation of any Claim or will reimburse University for all documented Liabilities incident to the defense or negotiation of any Claim within thirty (30) days after Company's receipt of invoices for such fees, expenses and charges. 11.3 Control of Litigation. Company controls any litigation or potential litigation involving the defense of any Claim, including the selection of counsel, with input from University. University reserves the right to protect its interest in defending against any Claim by selecting its own counsel, with any attorneys' fees and litigation expenses paid for by Company, pursuant to Sections 11.1 and 11.2. 11.4 Other Provisions. Company will not settle or compromise any Claim giving rise to Liabilities in any manner that imposes any restrictions or obligations on University or grants any rights to the Patent Rights or the Licensed Products Penn without University's Penn's prior written consent. consent, which will not be unreasonably withheld. Penn will promptly notify Company of any Claim of which it becomes aware and will cooperate with Company's reasonable requests in connection with defense of such Claim, at Company's expense. If Company fails or declines to assume the defense of any Claim within thirty (30) [**] days after notice of the Claim, or fails to reimburse an Indemnified Party for any Liabilities pursuant to Sections 11.1 and 11.2 within the thirty (30) day time period set forth in Section 11.2, then University Penn may assume the defense of such Claim for the account and at the risk of Company, and any Liabilities related to such Claim will be conclusively deemed a liability of Company. The indemnification rights of the Indemnified Parties under this Article 11 are in addition to all other rights that an Indemnified Party may have at law, in equity or otherwise. View More
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Indemnification. Catalent shall defend, indemnify and hold harmless Palatin, its Affiliates, and their respective directors, officers and employees ("Palatin Indemnitees") from and against any and all claims, losses, demands, liabilities, damages, costs and expenses (including reasonable attorneys' fees and reasonable investigative costs) in connection with any claim or action by any third party ("Losses") arising out of or resulting from (A) any breach of its representations, warranties or obligations set out i...n this Agreement, (B) any negligence or willful misconduct by Catalent or (C) any actual or alleged infringement or violation of any patent, trade secret, copyright, trademark or other proprietary rights of a third party by the Catalent IP used in Catalent's performance of its obligations under this Agreement, but for the avoidance of doubt not with respect to any such infringement or violation due to Palatin IP, API Inventions or Palatin-supplied Materials; in each case except to the extent that any of the foregoing arises out of or results from any Palatin Indemnitee's negligence, willful misconduct or breach of this Agreement. 13.2 Indemnification by Palatin. Palatin shall defend, indemnify and hold harmless Catalent, its Affiliates, and their respective directors, officers and employees ("Catalent Indemnitees") from and against any and all Losses arising out of or resulting from (A) any breach of its representations, warranties or obligations set out in this Agreement, (B) any manufacture, packaging, sale, promotion, distribution or use of or exposure to Product or Palatin-supplied Materials, including product liability or strict liability, (C) Palatin's exercise of control over the Processing, to the extent that Palatin's instructions or directions violate Applicable Laws, (D) the conduct of any clinical trials utilizing Product or API, (E) any actual or alleged infringement or violation of any third party patent, trade secret, copyright, trademark or other proprietary rights by intellectual property or other information provided by Palatin, including Palatin-supplied Materials, or (F) any negligence or willful misconduct by Palatin; in each case except to the extent that any of the foregoing arises out of or results from any Catalent Indemnitee's negligence, willful misconduct or breach of this Agreement. 13.3 Indemnification Procedures. All indemnification obligations in this Agreement are conditioned upon the indemnified party (A) promptly notifying the indemnifying party of any claim or liability of which the indemnified party becomes aware (including a copy of any related complaint, summons, notice or other instrument); provided, that failure to provide such notice within a reasonable period of time shall not relieve the indemnifying party of any of its obligations hereunder except to the extent the indemnifying party is prejudiced by such failure, (B) cooperating with the indemnifying party in the defense of any such claim or liability and any related settlement negotiations (at the indemnifying party's expense) and (C) not compromising or settling any claim or liability without prior written consent of the indemnifying party. View More
Indemnification. Catalent shall defend, indemnify and hold harmless Palatin, Client, its Affiliates, and their respective directors, officers and employees ("Palatin ("Client Indemnitees") from and against any and all claims, losses, demands, liabilities, damages, costs and expenses (including reasonable attorneys' fees and reasonable investigative costs) in connection with any claim or action by any third party ("Losses") arising out of or resulting from (A) any breach of its representations, warranties or obli...gations set out in this Agreement, Agreement or (B) any negligence or willful misconduct by Catalent or (C) any actual or alleged infringement or violation of any patent, trade secret, copyright, trademark or other proprietary rights of a third party by the Catalent IP used in Catalent's performance of its obligations under this Agreement, but for the avoidance of doubt not with respect to any such infringement or violation due to Palatin IP, API Inventions or Palatin-supplied Materials; Catalent; in each case except to the extent that any of the foregoing arises out of or results from any Palatin Client Indemnitee's negligence, willful misconduct or breach of this Agreement. 13.2 Indemnification 13.2Indemnification by Palatin. Palatin Client. Client shall defend, indemnify and hold harmless Catalent, its Affiliates, and their respective directors, officers and employees ("Catalent Indemnitees") from and against any and all Losses arising out of or resulting from (A) any breach of its representations, warranties or obligations set out in this Agreement, (B) any manufacture, packaging, sale, promotion, distribution or use of or exposure to Product or Palatin-supplied Client-supplied Materials, including product liability or strict liability, (C) Palatin's Client's exercise of control over the Processing, to the extent that Palatin's Client's instructions or directions violate Applicable Laws, (D) the conduct of any clinical trials utilizing utilising Product or API, (E) any actual or alleged infringement or violation of any third party patent, trade secret, copyright, trademark or other proprietary rights by intellectual property or other information provided by Palatin, Client, including Palatin-supplied Client-supplied Materials, or (F) any negligence or willful misconduct by Palatin; Client; in each case except to the extent that any of the foregoing arises out of or results from any Catalent Indemnitee's negligence, willful misconduct or breach of this Agreement. 13.3 Indemnification 15 EXECUTION VERSION 13.3Indemnification Procedures. All indemnification obligations in this Agreement are conditioned upon the indemnified party (A) promptly notifying the indemnifying party of any claim or liability of which the indemnified party becomes aware (including a copy of any related complaint, summons, notice or other instrument); provided, that failure to provide such notice within a reasonable period of time shall not relieve the indemnifying party of any of its obligations hereunder except to the extent the indemnifying party is prejudiced by such failure, (B) allowing the indemnifying party, if the indemnifying party so requests, to conduct and control the defense of any such claim or liability and any related settlement negotiations (at the indemnifying party's expense), (C) cooperating with the indemnifying party in the defense of any such claim or liability and any related settlement negotiations (at the indemnifying party's expense) and (C) (D) not compromising or settling any claim or liability without prior written consent of the indemnifying party. View More
Indemnification. Catalent shall defend, indemnify and hold harmless Palatin, its Affiliates, and their respective directors, officers and employees ("Palatin Indemnitees") from and against any and all claims, losses, demands, liabilities, damages, costs and expenses (including reasonable attorneys' fees and reasonable investigative costs) in connection with any claim or action by any third party ("Losses") arising out of or resulting from (A) any breach of its representations, warranties or obligations set out i...n this Agreement, (B) any negligence or willful misconduct by Catalent or (C) any actual or alleged infringement or violation of any patent, trade secret, copyright, trademark or other proprietary rights of a third party by the Catalent IP used in Catalent's performance of its obligations under this Agreement, but for the avoidance of doubt not with respect to any such infringement or violation due to Palatin IP, API Inventions or Palatin-supplied Materials; in each case except to the extent that any of the foregoing arises out of or results from any Palatin Indemnitee's negligence, willful misconduct or breach of this Agreement. 13.2 Indemnification by Palatin. Palatin shall defend, indemnify and hold harmless Catalent, its Affiliates, and their respective directors, officers and employees ("Catalent Indemnitees") from and against any and all Losses arising out of or resulting from (A) any breach of its representations, warranties or obligations set out in this Agreement, (B) any manufacture, packaging, sale, promotion, distribution or use of or exposure to Product or Palatin-supplied Materials, including product liability or strict liability, (C) Palatin's exercise of control over the Processing, to the extent that Palatin's instructions or directions violate Applicable Laws, (D) the conduct of any clinical trials utilizing Product or API, (E) any actual or alleged infringement or violation of any third party patent, trade secret, copyright, trademark or other proprietary rights by intellectual property or other information provided by Palatin, including Palatin-supplied Materials, or (F) any negligence or willful misconduct by Palatin; in each case except to the extent that any of the foregoing arises out of or results from any Catalent Indemnitee's negligence, willful misconduct or breach of this Agreement. 13.3 Indemnification Procedures. All indemnification obligations in this Agreement are conditioned upon the indemnified party (A) promptly notifying the indemnifying party of any claim or liability of which the indemnified party becomes aware (including a copy of any related complaint, summons, notice or other instrument); provided, that failure to provide such notice within a reasonable period of time shall not relieve the indemnifying party of any of its obligations hereunder except to the extent the indemnifying party is prejudiced by such failure, (B) cooperating with the indemnifying party in the defense of any such claim or liability and any related settlement negotiations (at the indemnifying party's expense) and (C) not compromising or settling any claim or liability without prior written consent of the indemnifying party. 18 14. LIMITATIONS OF LIABILITY 14.1 TOTAL LIABILITY. CATALENT'S TOTAL LIABILITY UNDER THIS AGREEMENT SHALL IN NO EVENT EXCEED *** 14.2 INDIRECT DAMAGES. NEITHER PARTY SHALL BE LIABLE TO THE OTHER PARTY FOR INDIRECT, INCIDENTAL, SPECIAL, PUNITIVE OR CONSEQUENTIAL LOSS OR DAMAGES, OR FOR LOSS OF REVENUES, PROFITS OR DATA, ARISING OUT OF PERFORMANCE UNDER THIS AGREEMENT, WHETHER IN CONTRACT OR IN TORT OR OTHERWISE, EVEN IF SUCH PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. Each party may self-insure all or any portion of the required insurance as long as, together with its Affiliates, its US GAAP or foreign currency equivalent net worth is greater than *** or its annual EBITDA (earnings before interest, taxes, depreciation and amortization) is greater than ***. Each required insurance policy, other than self-insurance, shall be obtained from an insurance carrier with an A.M. Best rating of at least A- VII. If any of the required policies of insurance are written on a claims made basis, such policies shall be maintained throughout the Term and for a period of at least *** thereafter. Each party shall obtain a waiver of subrogation clause from its property insurance carriers in favor of the other party, and such waivers will operate the same whether insurance is carried through third parties or self-insured. Upon the other party's written request from time to time, each party shall promptly furnish to the other party a certificate of insurance or other evidence of the required insurance. View More
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