Common use of Future Claims Clause in Contracts

Future Claims. In the event that (a) there is a claim or demand made against Licensor or Licensee with respect to any licensed ▇▇▇▇ in any jurisdiction, or (b) there is a determination in any court of competent jurisdiction or by any other governing authority that the right to use a licensed ▇▇▇▇ is unenforceable in any jurisdiction, Licensor may notify Licensee in writing that it is suspending or modifying the Licensee’s right to use the relevant ▇▇▇▇ in such jurisdiction until the applicable issue has been resolved. In the event of such a notice of suspension or modification, Licensee shall be permitted a reasonable period of time, not to exceed thirty (30) days, to comply with such notice. Licensee shall be solely responsible and liable for any claim, demand, penalty or damages (including reasonable attorney’s fees) (collectively, “Costs”) arising from its continued use of any ▇▇▇▇ after this period of time.

Appears in 2 contracts

Sources: License and Affiliation Agreement, License and Affiliation Agreement