Common use of Effect of Representations and Warranties Clause in Contracts

Effect of Representations and Warranties. It is understood that if the representations and warranties under this Article 8 are not true and accurate and GenVec or Fuso incurs liabilities, costs or other expenses as a result of such falsity, GenVec or Fuso, as the case may be, shall indemnify, defend and hold the other party harmless from and against any such liabilities, costs or expenses incurred, provided that the indemnifying party receives prompt notice of any claim against GenVec or Fuso, as the case maybe, resulting from or related to such falsity, the cooperation of the indemnified party, as requested in connection with any such claim, and the sole right to control the defense or settlement thereof.

Appears in 8 contracts

Samples: Commercialization Agreement (Genvec Inc), Collaboration Agreement (Genvec Inc), New Collaboration Agreement (Genvec Inc)

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Effect of Representations and Warranties. It is understood that if ---------------------------------------- the representations and warranties under this Article 8 are not true and accurate and GenVec or Fuso incurs liabilities, costs or other expenses as a result of such falsity, GenVec or Fuso, as the case may be, shall indemnify, defend and hold the other party harmless from and against any such liabilities, costs or expenses incurred, provided that the indemnifying party receives prompt notice of any claim against GenVec or Fuso, as the case maybe, resulting from or related to such falsity, the cooperation of the indemnified party, as requested in connection with any such claim, and the sole right to control the defense or settlement thereof.

Appears in 4 contracts

Samples: Commercialization Agreement (Genvec Inc), Collaboration Agreement (Genvec Inc), Commercialization Agreement (Genvec Inc)

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