Common use of INTELLECTUAL PROPERTY RIGHTS AND ROYALTIES Clause in Contracts

INTELLECTUAL PROPERTY RIGHTS AND ROYALTIES. In the event that the Buyer (including for this purpose every officer, department, employee, servant, agent and representative thereof) is held liable for losses and/or damages arising out of any claim at any time on account of any patent copyright, trademarks, design or intellectual property right which may be held to have been infringed or royalties which may be payable by virtue of the Buyer’s acceptance, distribution or use of the Goods supplied under the Order, the Seller shall indemnify the Buyer against such claims and costs, fees, charges and expenses in respect thereof.