Common use of PRODUCT LIABILITY AND INDEMNIFICATION Clause in Contracts

PRODUCT LIABILITY AND INDEMNIFICATION. INHIBITEX shall at all times during the term of this Agreement and thereafter, indemnify, defend and hold harmless SYSTEM, Rice University, their regents, officers, employees, and affiliates, against any claim, proceeding, demand, liability, or expenses (including legal expenses and reasonable attorney's fees) which relates to injury to persons or property, or against any other claim, proceeding, demand, expense and liability of any kind whatsoever resulting from the production, manufacture, sale, use, lease, consumption or advertisement of LICENSED PRODUCTS or arising from any obligation of INHIBITEX or sublicensee(s) under this Agreement.

Appears in 2 contracts

Sources: License Agreement (Inhibitex Inc), License Agreement (Inhibitex Inc)