Distribution Indemnity. (a) Importer will indemnify, defend and otherwise hold Brand Owner harmless against any claims, losses, damages, liability or expenses (including reasonable attorneys’ fees) incurred by Brand Owner arising out of third party claims relating to the marketing, promotion, sale or distribution of the Products except as provided for in Section 18(b). Importer shall acquire and maintain at its sole cost and expense throughout the term of this Agreement and any sell-off period, standard product Liability Insurance. This insurance coverage shall provide protection of not less than five million dollars U.S. ($5,000,000) for each occurrence and Brand Owner shall be named as an additional named insured. Such insurance policies shall provide that they may not be cancelled or amended in a manner which restricts the existing coverage without at least thirty (30) days written notice to Brand Owner. (b) Brand Owner will indemnify, defend and otherwise hold Importer harmless in the Territory only as against any claims, losses, damages, liability or expenses (including reasonable attorneys’ fees) incurred by Importer arising out of third party claims concerning compliance with United States laws and regulations (provided Importer has informed Brand Owner of such regulatory requirements) or the quality or fitness for use of the Products produced, bottled and shipped directly to Importer by Brand Owner, and provided that the Products have been warehoused by Importer and shipped in compliance with reasonable quality standards approved by Brand Owner. Brand Owner shall acquire and maintain at its sole cost and expense throughout the term of this Agreement standard product Liability Insurance from a reputable insurance company. This insurance coverage shall provide protection of not less than five million dollars U.S. ($5,000,000) for each occurrence and Importer shall be named as an additional named insured. Such insurance policies shall provide that they may not be cancelled or amended in a manner which restricts the existing coverage without at least thirty (30) days’ written notice to both parties.
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Distribution Indemnity. (a) Importer will indemnify, defend and otherwise hold Brand Owner Producer harmless against any claims, losses, damages, liability or expenses (including reasonable attorneys’ ' fees) incurred by Brand Owner Producer arising out of third party claims relating to the marketing, promotion, sale or distribution of the Products THE PRODUCTS except as provided for in Section 18(bParagraph 17(b). Importer shall acquire and maintain at its sole cost and expense throughout the term of this Agreement Contract and any sell-off period, standard product Product Liability Insurance. This insurance coverage shall provide protection of not less than five million dollars U.S. ($5,000,000) for each occurrence and Brand Owner Producer shall be named as an additional named insured. Such insurance policies shall provide that they may not be cancelled or amended in a manner which restricts the existing coverage without at least thirty (30) days written notice to Brand OwnerProducer.
(b) Brand Owner Producer will indemnify, defend and otherwise hold Importer harmless in the Territory TERRITORY only as against any claims, losses, damages, liability or expenses (including reasonable attorneys’ ' fees) incurred by Importer arising out of third party claims concerning compliance with United States laws and regulations (provided Importer has informed Brand Owner Producer of such regulatory requirements) or the quality or fitness for use of the Products THE PRODUCTS produced, bottled and shipped directly to Importer by Brand OwnerProducer, and provided that the Products THE PRODUCTS have been warehoused by Importer and shipped in compliance with reasonable quality standards approved provided by Brand OwnerProducer. Brand Owner Producer shall acquire and maintain at its sole cost and expense throughout the term of this Agreement Contract standard product Product Liability Insurance from a reputable insurance company. This insurance coverage shall provide protection of not less than five million dollars U.S. ($5,000,000) for each occurrence and Importer shall be named as an additional named insuredinsured against any and all claims, demands, causes of action or damages, including reasonable attorney's fees, arising out of any alleged defects in THE PRODUCTS. Such insurance policies shall provide that they may not be cancelled or amended in a manner which restricts the existing coverage without at least thirty (30) days’ days written notice to both parties.
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Sources: Import Agreement (Castle Brands Inc)