Common use of IP Indemnification Clause in Contracts

IP Indemnification. Covisint and Customer (“Indemnitor”) shall defend, indemnify and hold the other party (“Indemnitee”) harmless from and against any and all losses asserted by a third party arising out of, in connection with, or based upon any claim that the Indemnitor’s Intellectual Property infringes or misappropriates the Intellectual Property Rights of any third party. Notwithstanding anything in an applicable amendment hereto to the contrary, Covisint’s aggregate liability for any losses under this Section 5 shall not exceed the total Fees received by Covisint from or on behalf of Customer during the twelve (12) month period preceding the date when such Losses first accrued.