Common use of Intellectual Property Liability Clause in Contracts

Intellectual Property Liability. The eCommerce Marks are ------------------------------- licensed or sublicensed to the Licensees "AS IS" without representation or warranty, express or implied, including without limitation any representation or warranty that the eCommerce Marks do not result in the infringement of intellectual property rights of any third party. Global Payments shall be solely responsible and liable for any claim, damage, cost, expense or liability the Licensees incur arising out of threatened or claimed infringements by eCommerce Marks. THE LICENSEES ACKNOWLEDGE AND AGREE THAT THEY MAY NOT BRING ANY CLAIMS OR OTHERWISE RECOVER ANY AMOUNT FROM NDC BY VIRTUE OF EXERCISE OF THE RIGHTS GRANTED HEREUNDER. The Licensees agree and acknowledge that NDC shall not be liable directly or indirectly or as an indemnitor of the Licensees as a consequence of any license or sublicense granted hereunder.

Appears in 4 contracts

Samples: Form of Distribution Agreement (Global Payments Inc), Distribution Agreement Plan of Reorganization and Distribution (Global Payments Inc), Distribution Agreement Plan of Reorganization And (Global Payments Inc)

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