Common use of DSP Clause in Contracts

DSP. DSP has already bought, and will obtain and keep in force, during the term of the License Agreement, the following insurance, under the License Agreement: general liability insurance and blanket contractual liability coverage with bodily injury, death and property damage limits of $[ *** ] per occurrence and $[ *** ] in the aggregate; provided, however, that DSP’s obligation to have such insurance shall not be required until commencement of the production of the Drug Substance for use in clinical use and commercialization of the Drug Products.

Appears in 2 contracts

Sources: Supply Agreement (Replidyne Inc), Supply Agreement (Replidyne Inc)