Common use of GSK’s Insurance Obligations Clause in Contracts

GSK’s Insurance Obligations. GSK hereby represents and warrants to ChemoCentryx that it is self-insured against liability and other risks associated with its activities and obligations under this Agreement in such amounts and on such terms as are customary for prudent practices for large pharma in the pharmaceutical industry for the activities to be conducted by it under this Agreement. GSK shall furnish to ChemoCentryx evidence of such self-insurance, upon request.

Appears in 4 contracts

Samples: Product Development and Commercialization Agreement, Product Development and Commercialization Agreement (ChemoCentryx, Inc.), Product Development and Commercialization Agreement (ChemoCentryx, Inc.)

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GSK’s Insurance Obligations. GSK hereby represents and warrants to ChemoCentryx PROSENSA that it is self-insured against liability and other risks associated with its activities and obligations under this Agreement in such amounts and on such terms as are customary for prudent practices for large pharma pharmaceutical companies in the pharmaceutical industry for the activities to be conducted by it under this Agreement. GSK shall furnish to ChemoCentryx PROSENSA evidence of such self-insurance, insurance upon written request.

Appears in 2 contracts

Samples: Research and Development Collaboration and License Agreement (Prosensa Holding B.V.), Research and Development Collaboration and License Agreement (Prosensa Holding B.V.)

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GSK’s Insurance Obligations. GSK hereby represents and warrants to ChemoCentryx Pharmacopeia that it is self-insured against liability and other risks associated with its activities and obligations under this Agreement in such amounts and on such terms as are customary for prudent practices for large pharma in the pharmaceutical industry for the activities to be conducted by it under this Agreement. GSK shall furnish to ChemoCentryx Pharmacopeia evidence of such self-insurance, upon request.

Appears in 1 contract

Samples: Product Development and Commercialization Agreement (Pharmacopeia Drug Discovery Inc)

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