Common use of Indemnification by the Licensee Clause in Contracts

Indemnification by the Licensee. i) The Licensee shall indemnify and keep indemnified and hold MIL harmless from and against all such actions, suits, claims, demands, proceedings and against all such liabilities, cost, charges, expenses, penalties, losses and damages which may be incurred or suffered by MIL directly or indirectly by reason of:- • any breach, default, contravention, non observance or non performance by the Licensee of any terms, conditions, covenants contained in this agreement and on part of the Licensee to be complied with or performed; • any loss or damage to the person or property of the Licensor and/or any third party on or about the said licensed premises howsoever caused or suffered save and except the breach hereof by the Licensor; • any failure of the Licensee to make any payment which may become payable to or be demanded by any local or competent authority in respect of the said licensed premises for any works on or about the said licensed premises including alteration, modification, operation and maintenance of the said premises; ii) MIL shall not be responsible in any way for loss or damage by any means, caused to the Licensee's stock or property.

Appears in 3 contracts

Samples: License Agreement, License Agreement, Atm License Agreement

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Indemnification by the Licensee. i) The Licensee shall indemnify and keep indemnified and hold MIL harmless from and against all such actions, suits, claims, demands, proceedings and against all such liabilities, cost, charges, expenses, penalties, losses and damages which may be incurred or suffered by MIL directly or indirectly by reason of:- any breach, default, contravention, non observance or non performance by the Licensee of any terms, conditions, covenants contained in this agreement and on part of the Licensee to be complied with or performed; any loss or damage to the person or property of the Licensor and/or any third party on or about the said licensed premises howsoever caused or suffered save and except the breach hereof by the Licensor; any failure of the Licensee to make any payment which may become payable to or be demanded by any local or competent authority in respect of the said licensed premises for any works on or about the said licensed premises including alteration, modification, operation and maintenance of the said premises; ii) MIL shall not be responsible in any way for loss or damage by any means, caused to the Licensee's stock or property.

Appears in 1 contract

Samples: License Agreement

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