Defense of Claims by Third Parties. If any claim is made against a party that, if sustained, would give rise to a liability of the other under this Agreement, Buyer or Seller, as the case may be, shall promptly cause notice of the claim to be delivered to the other and shall notify the other party and its counsel of its obligation to defend such claim, at such other party’s sole expense. The obligation to defend indemnity claims shall be the responsibility of each party for a period of two (2) years, with counsel satisfactory to the party against which such claim is made.
Appears in 4 contracts
Samples: Intellectual Property Rights Purchase and Transfer Agreement (Wewards, Inc.), Intellectual Property Rights Purchase and Transfer Agreement (Wewards, Inc.), Intellectual Property Rights Purchase and Transfer Agreement
Defense of Claims by Third Parties. If any claim is made against a party that, if sustained, would give rise to a liability of the other under this Agreement, Buyer or Seller, as the case may be, shall promptly cause notice of the claim to be delivered to the other and shall notify the other party and its counsel of its obligation to defend such claim, at such other suchother party’s sole expense. The obligation to defend indemnity claims shall be the responsibility of each party for a period of two (2) years, with counsel satisfactory to the party against which such claim is made.
Appears in 1 contract
Samples: Intellectual Property Rights Purchase and Transfer Agreement (Zoompass Holdings, Inc.)
