CAT Parties definition
Examples of CAT Parties in a sentence
The CAT Parties may not assign any rights, or delegate any obligations, under this Agreement without the prior written consent of McDonald’s, and any purported assignment or delegation will be void without McDonald’s prior written consent.
The CAT Parties agree that if they, or any one of them, or anyone claiming through any one of them, sues any of the McDonald’s Parties, they shall reimburse the McDonald’s Parties for all attorneys’ fees, costs, and expenses incurred by the McDonald’s Parties in defending that subsequent lawsuit if it is ruled that this Agreement or the Settlement Agreement bars the claims asserted in that subsequent lawsuit.
The CAT Parties hereby agree to defend, indemnify, and hold the McDonald’s Parties harmless from and against any and all claims, counterclaims, suits, losses, damages, liabilities and/or expenses (including reasonable attorneys’ fees) of every kind whatsoever arising out of any breach of the foregoing representations and warranties.
Likewise, if any of the CAT Parties institutes any action at law or in equity against any of the McDonald’s Parties to secure or protect their rights under, or to enforce the terms of, or for breach of a representation or warranty in this Agreement, in addition to any judgment entered in their favor, the CAT Parties shall be entitled to recover such attorneys’ fees together with court costs and expenses of litigation.
The Parties further agree that the CAT Parties may issue press releases and other public statements reciting that CAT and McDonald’s have settled the Lawsuit, with McDonald’s making a monetary payment to CAT and that McDonald’s has taken a license under the ’859 Patent..
The CAT Parties shall impose this covenant on any third party to which CAT, MedCom or any of the other CAT Parties may after the Effective Date assign, convey, sell, lease, encumber, license, sublicense or otherwise transfer or grant any right in or to (collectively, “transfer”) any such patent rights or any right or interest therein.
The CAT Parties warrant and represent that neither they nor any one of them has made any assignment or transfer of any right, claim, demand, cause of action, or other matter covered by the License and Covenant Not to ▇▇▇ set forth herein.
The CAT Parties hereby covenant that none of them shall ▇▇▇, assert any claim or counterclaim against, or otherwise participate in any action or proceeding against any of the McDonald’s Parties that relates in any way to (i) any act of the McDonald’s Parties occurring on or before the Effective Date; (ii) the Licensed Patents; (iii) the Lawsuit, or (iv) the McDonald’s Payment System.
The CAT Parties acknowledge and agree that this payment to CAT, as represented by their signatures affixed hereto, is in full, complete and total payment for this Agreement, and the covenants and License Grant included therein, and the Settlement Agreement, and the releases and dismissals included therein.
The CAT Parties also covenant not to ▇▇▇ any of the McDonald’s Released Parties regarding any of the claims being released by this Agreement.