Right to Setoff. If Calando and/or Arrowhead fails to indemnify a Cerulean Indemnittee as contractually provided for in Section 10.2, then Cerulean may, at its option and upon written notice to Calando, setoff such amount from any amounts owed by Cerulean to Calando pursuant to Sections 5.2, 5.3, 5.4 or 5.5 of this Agreement.
Appears in 3 contracts
Samples: 101 Agreement, It 101 Agreement (Cerulean Pharma Inc.), 101 Agreement (Arrowhead Research Corp)
Right to Setoff. If Calando and/or Arrowhead fails to indemnify a Cerulean Indemnittee Indemnitee as contractually provided for in Section 10.2, then Cerulean may, at its option and upon written notice to Calando, setoff such amount from any amounts owed by Cerulean to Calando pursuant to Sections 5.2, 5.3, 5.4 or 5.5 of this Agreement.
Appears in 3 contracts
Samples: Platform Agreement, Platform Agreement (Cerulean Pharma Inc.), Platform Agreement (Arrowhead Research Corp)
