Common use of Disputes and Interpleader Clause in Contracts

Disputes and Interpleader. (a) Fort Xxxx may submit the matter to any court of competent jurisdiction in an interpleader or similar action other than a matter submitted to arbitration after Fort Xxxx'x receipt of an Objection Notice under Section 4 and the parties under this Agreement submit the matter to such arbitration as described in Section 4 of this Agreement. Any and all costs incurred by Fort Xxxx in connection therewith, including reasonable attorneys' fees and costs, shall be borne 50% by each of Producer and Licensee. (b) Fort Xxxx shall perform any acts ordered by any court of competent jurisdiction, without any liability or obligation to any party hereunder by reason of such act.

Appears in 2 contracts

Samples: Purchase and License Agreement (Sycamore Networks Inc), Purchase and License Agreement (Sycamore Networks Inc)

AutoNDA by SimpleDocs

Disputes and Interpleader. (a) Fort Xxxx may Knox xxx submit the matter to any court of competent jurisdiction in an interpleader or similar action other than a matter submitted to arbitration after Fort Xxxx'x receipt Knox'x xxxeipt of an Objection Notice under Section 4 and the parties under this Agreement submit the matter to such arbitration as described in Section 4 of this Agreement. Any and all costs incurred by Fort Xxxx in Knox xx connection therewith, including reasonable attorneys' fees and costs, shall be borne 50% by each of Producer and Licensee. (b) Fort Xxxx shall Knox xxxll perform any acts ordered by any court of competent jurisdiction, without any liability or obligation to any party hereunder by reason of such act.

Appears in 1 contract

Samples: Licensing Agreement (Interlinq Software Corp)

AutoNDA by SimpleDocs

Disputes and Interpleader. (a) Fort Xxxx may submit the any matter to any court of competent jurisdiction in an interpleader or similar action other than a matter submitted to arbitration after Fort Xxxx'x receipt of an Objection Notice under Section 4 and the parties under this Agreement submit the matter to such arbitration as described in Section 4 of this Agreement. Any and all costs incurred by Fort Xxxx in connection therewith, including reasonable attorneys' fees and costs, shall be borne 50% by each of Producer Licensor and Licensee. (b) Fort Xxxx shall perform any acts ordered by any court of competent jurisdiction, without any liability or obligation to any party hereunder by reason of such act.

Appears in 1 contract

Samples: Software Escrow Agreement (High Speed Net Solutions Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!