Common use of Cooperation of Indemnitee Clause in Contracts

Cooperation of Indemnitee. Regardless of whether the Indemnifying Party chooses to defend or prosecute any third party claim, the Indemnitee shall cooperate in the defense or prosecution thereof and shall furnish such records, information and testimony, provide such witnesses and attend such conferences, discovery proceedings, hearings, trials and appeals as may be reasonably requested. Such cooperation shall include access to and reasonable retention by the Indemnified Party of, records and information that are reasonably relevant to such third party claim, and making the Indemnitee’s employees and agents available on a mutually convenient basis to provide additional information and explanation of any material provided hereunder. The Indemnifying Party shall reimburse the Indemnitee for all its reasonable out-of-pocket expenses in connection therewith.

Appears in 2 contracts

Samples: License Agreement (Biospecifics Technologies Corp), Dupuytren’s Disease License Agreement (Biospecifics Technologies Corp)

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Cooperation of Indemnitee. Regardless of whether the Indemnifying Party chooses to defend or prosecute any third party Third Party claim, the Indemnitee shall cooperate in the defense or prosecution thereof and shall furnish such records, information and testimony, provide such witnesses and attend such conferences, discovery proceedings, hearings, trials and appeals as may be reasonably requested. Such cooperation shall include access to and reasonable retention by the Indemnified Party of, records and information that are reasonably relevant to such third party Third Party claim, and making the Indemnitee’s employees and agents available on a mutually convenient basis to provide additional information and explanation of any material provided hereunder. The Indemnifying Party shall reimburse the Indemnitee for all its reasonable out-of-pocket expenses costs incurred in connection therewithproviding such cooperation.

Appears in 2 contracts

Samples: Cellulite License Agreement (Biospecifics Technologies Corp), Frozen Shoulder License Agreement (Biospecifics Technologies Corp)

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