Common use of Licensee Intellectual Property Rights Clause in Contracts

Licensee Intellectual Property Rights. Notwithstanding Exclusion 4.6 (Contractual Liability), the Underwriters will indemnify the Insured for the Damages and Defence Costs resulting from any Claim by a licensee under any warranty of indemnity given by the Insured in respect of the Insured’s ownership or ability to license any Intellectual Property Rights.

Appears in 2 contracts

Samples: Technology Liability Insurance Policy, Technology Liability Insurance Policy

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Licensee Intellectual Property Rights. Notwithstanding Exclusion 4.6 4.5 (Contractual Liability), the Underwriters will indemnify pay on behalf of the Insured for the Damages and Defence Costs resulting from any Claim by a licensee under any warranty of indemnity given by the Insured in respect of the Insured’s ownership or ability to license any Intellectual Property Rights.

Appears in 1 contract

Samples: Professional Indemnity Insurance Policy

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Licensee Intellectual Property Rights. Notwithstanding Exclusion 4.6 3.5 (Contractual Liability), the Underwriters will indemnify the Insured for the Damages and Defence Costs resulting from any Claim by a licensee under any warranty of indemnity given by the Insured in respect of the Insured’s ownership or ability to license any Intellectual Property Rights.

Appears in 1 contract

Samples: Technology Liability Insurance Policy

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