Third Party Litigation. In the event a third party institutes a suit against COMPANY for patent infringement involving a Licensed Product, COMPANY will promptly inform MAYO and keep MAYO regularly informed of the proceedings. COMPANY agrees to indemnify, defend and hold harmless MAYO for any claims, demands or law suits related thereto.
Appears in 3 contracts
Samples: License and Assignment Agreement (Tapimmune Inc), Confidential Treatment (Tapimmune Inc), Patent License Agreement (Evelo Biosciences, Inc.)
Third Party Litigation. In the event a third party institutes a suit against COMPANY for patent infringement involving a Licensed COMPANY Product, COMPANY will promptly inform MAYO and keep MAYO regularly informed of the proceedings. In the event the third party sues or joins MAYO, COMPANY agrees will defend MAYO pursuant to indemnifythe indemnification obligation in Section 5.04. Any recovery, defend and hold harmless MAYO for any claimsafter reimbursement of COMPANY’s costs, demands or law suits related theretoincluding its obligations under Section 5.04, will be shared equally by the parties.
Appears in 2 contracts
Samples: License Agreement (EnteroMedics Inc), License Agreement (EnteroMedics Inc)
Third Party Litigation. In the event a third party institutes a suit against COMPANY or MAYO, for patent infringement involving a Licensed Product, COMPANY the Party being sued will promptly inform MAYO the other and keep MAYO the other regularly informed of the proceedings. COMPANY agrees to indemnify, defend and hold harmless MAYO for any claims, demands or law suits related thereto.
Appears in 1 contract
Samples: License and Development Agreement (NEUROONE MEDICAL TECHNOLOGIES Corp)
Third Party Litigation. In the event a third party institutes a suit against COMPANY for patent infringement involving a Licensed Product, COMPANY will promptly inform MAYO and keep MAYO regularly informed of the proceedings. COMPANY agrees to indemnify, defend defend, and hold harmless MAYO for any claims, demands or law suits related thereto.
Appears in 1 contract
Samples: Patent License Agreement (BioSig Technologies, Inc.)
Third Party Litigation. In the event a third party institutes a suit against COMPANY for patent infringement involving a Licensed Product or R-Flurbiprofen Product, COMPANY will promptly inform MAYO and keep MAYO regularly informed of the proceedings. COMPANY agrees In the event the third party sues or joins MAYO, MAYO will have the right to indemnify, defend and hold harmless MAYO for any claims, demands or law suits related theretoparticipate in the defense of the suit.
Appears in 1 contract
