DEFECT IN TITLE. 1Any claim for coverage of direct loss incurred by the Merchant itself, as a result of compensation awarded for a breach of a third party's intellectual property rights solely as a result of the Merchant's use of Strex’ Payment Service and due to no fault of the Merchant itself, will be compensated by Strex to the extent the breach applies to intellectual property rights in Norway and the Merchant notifies Strex immediately, providing full information about the claim in question. In such cases, Strex will have a full right to, at own expense, defend the claim in the event of a legal dispute, including entering into a settlement agreement, if applicable in collaboration with a third party.
Appears in 4 contracts
Samples: Merchant Agreement, Merchant Agreement, Merchant Agreement
