Insurance and Indemnities. Each party shall effect and maintain adequate insurance to cover its conduct in the Research Project. Each party (First Party) agrees to indemnify (and keep indemnified) each other party against all losses or liabilities incurred by that other party and all costs actually payable by that other party in relation to claims against that other party, including legal costs, arising directly from any negligent or unlawful act, error or omission by the First Party in connection with this Agreement. The First Party’s liability to indemnify that other party under clause 8.2 will be reduced proportionately to the extent that any negligent or unlawful act or omission or wilful misconduct on that other party’s part contributed to the relevant loss, damage, expense or liability.
Appears in 5 contracts
Samples: Confidentiality Deed, Confidentiality Deed, Confidentiality Deed
