Licenser definition
Examples of Licenser in a sentence
Licensee further agrees to reimburse Licenser for any claims paid by Licenser in good faith under order of any court to any person with respect to the products manufactured by Licensee under the Licensed Processes covered by this agreement.
Licensee agrees to disclose to Licenser all technical data and information relating to any and all developments or improvements of the Licensed Processes that Licensee may develop or acquire during the term of this agreement.
Licensee shall hold Licenser free from any liability or responsibility in connection with claims of any persons caused by or arising from any defect in or failure of any products manufactured by Licensee under the Licensed Processes covered by this agreement.
Licensee agrees not to disclose, and to use its best efforts, and to take all actions necessary, to prevent its employees and suppliers from disclosing the Licensed Processes or any information relating thereto transferred under this agreement to any person, firm, corporation or other business entity unless and until Licensee has obtained the prior written approval of Licenser and upon request, will execute a Secrecy Agreement with Licenser.
Notices shall be sent to the Licenser and to the Licensee at the addresses herein before set out or to such other addresses as either party may notify to the other.