MOSSIMO PARTICIPATION Clause Samples

MOSSIMO PARTICIPATION. At any time during the Term, MOSSIMO, shall have the right, but the obligation, to participate in or assume complete responsibility for the legal proceedings related to any Third Party Claim or to delegate responsibility to any third party licensee of MOSSIMO for the legal proceedings for such Third Party Claim in any manner MOSSIMO determines. Without limiting the foregoing, MOSSIMO, in its sole and absolute discretion, may assume responsibility to settle the Third Party Claim in any manner MOSSIMO determines. LICENSEE shall have no claim against MOSSIMO for damages if MOSSIMO determines, in its sole discretion, that it is not in the best interest of MOSSIMO and LICENSEE to initiate any legal proceedings on account of any such in fringement, claim or action, or if MOSSIMO settles or resolves any such proceedings which may be initiated.