Common use of Expenses and Monetary Awards Clause in Contracts

Expenses and Monetary Awards. If a third-party claim, of which Indemnitor was notified and which Indemnitor has a duty to defend in accordance with this Section 13, is brought, and if such claim is sustained in a final judgment from which no further appeal is taken or possible, then Indemnitor will pay or otherwise satisfy any monetary award entered against Indemnitee as part of such final judgment to the extent such award is adjudged in such final judgment to arise from such infringement, without regard to limitation of liability set forth in Section 12.

Appears in 5 contracts

Samples: Agreement (Vemics, Inc.), Agreement (Vemics, Inc.), Marketing Agreement (Vemics, Inc.)

AutoNDA by SimpleDocs

Expenses and Monetary Awards. If a third-party claim, of which Indemnitor was notified and which Indemnitor has a duty to defend in accordance with this Section 1312, is brought, and if such claim is sustained in a final judgment from which no further appeal is taken or possible, then Indemnitor will pay or otherwise satisfy any monetary award entered against Indemnitee as part of such final judgment to the extent such award is adjudged in such final judgment to arise from such infringement, without regard to limitation of liability set forth in Section 1211.

Appears in 1 contract

Samples: Agreement (Vemics, Inc.)

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