Additional INFI Insurance Requirement Sample Clauses

Additional INFI Insurance Requirement. From the Effective Date until the date that all of the INDs for the IPI-145 Compound and IPI-145 Product have transferred to Licensee, INFI shall maintain on an ongoing basis with a reputable, solvent insurer, comprehensive general liability insurance, product liability insurance and clinical trial insurance covering the DUO clinical trial consistent with the amount and coverage INFI had prior to the Effective Date. Licensee shall reimburse INFI the premiums of such insurance.