IP Claim definition
Examples of IP Claim in a sentence
As used in this Agreement “Claim” means any IP Claim or Other Claim.
Customer will promptly notify Company of any IP Claim and cooperate with Company in defending the IP Claim.
If an IP Claim is commenced against Licensee or is in the judgment of AgileCraft likely or Licensee’s use of the Software is enjoined, AgileCraft may, at AgileCraft's option, (a) modify or replace the Software so that it performs comparable functions without infringement; or (b) obtain a royalty-free license for Licensee to use the Software.
Company will defend Customer against any third-party claim alleging that any of the Services infringe upon any patent or copyright, or violates a trade secret of any such third-party (“IP Claim”), and will indemnify Customer againt any Company reasonable attorney’s fees, court costs, and damages finally awarded, or agreed to by Company in settlement with respect to any IP Claim.
Company will have full control and authority over the defense and settlement of any IP Claim, except that any settlement requiring Customer to admit liability requires prior written consent, not to be unreasonably withheld or delayed.