Common use of No Acknowledgment Clause in Contracts

No Acknowledgment. The assumption of the defense of a Claim by the Indemnitor shall not be construed as an acknowledgment that the Indemnitor is liable to indemnify the Indemnitee in respect of the Claim, nor shall it constitute a waiver by the Indemnitor of any defenses it may assert against the Indemnitee’s claim for indemnification.

Appears in 2 contracts

Sources: License Agreement (Astria Therapeutics, Inc.), License Agreement (Karuna Therapeutics, Inc.)