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Common use of Patents, Trademarks and Copyrights Clause in Contracts

Patents, Trademarks and Copyrights. The machinery and equipment of the VESSEL may bear the patent number, trademarks or trade names of the manufacturers. The SELLER shall defend and save harmless the BUYER from patent liability or claims of patent infringement of any nature or kind, including costs and expenses for, or on account of any patented or patentable invention made or used in the performance of this Contract and also including cost and expense of litigation, if any. Nothing contained herein shall be construed as transferring any patent or trademark rights or copyright in equipment covered by this Contract, and all such rights are hereby expressly reserved to the true and lawful owners thereof. Notwithstanding any provisions contained herein to the contrary, the SELLER's obligation under this Article should not be terminated by the passage of any specified period of time. The SELLER's indemnity hereunder does not extend to equipment or parts supplied by the BUYER to the SELLER if any.

Appears in 7 contracts

Samples: Shipbuilding Contract (TBS International PLC), Shipbuilding Contract (TBS International LTD), Shipbuilding Contract (TBS International LTD)

Patents, Trademarks and Copyrights. The machinery and equipment of the VESSEL may bear the patent number, trademarks or trade names of the manufacturers. The SELLER shall defend and save harmless the BUYER from patent liability or claims of patent infringement of any nature or kind, including costs and expenses for, or on account of any patented or patentable invention made or used in the performance of this Contract and also including cost and expense of litigation, if any. Nothing contained herein shall be construed as transferring any patent or trademark rights or copyright in equipment covered by this Contract, and all such rights are hereby expressly reserved to the true and lawful owners thereof. Notwithstanding any provisions contained herein to the contrary, the SELLER's ’s obligation under this Article should not be terminated by the passage of any specified period of time. The SELLER's ’s indemnity hereunder does not extend to equipment or parts supplied by the BUYER to the SELLER BUILDER, if any.. Shipbuilding Contract Hull No. 0120833

Appears in 2 contracts

Samples: Shipbuilding Contract (Himalaya Shipping Ltd.), Shipbuilding Contract (Himalaya Shipping Ltd.)

Patents, Trademarks and Copyrights. The machinery and equipment of the VESSEL may bear the patent number, trademarks or trade names of the manufacturers. The SELLER shall defend and save hold harmless the BUYER from patent liability or claims of patent infringement of any nature or kind, including costs and expenses for, or on account of any patented or patentable invention made or used in the performance of this Contract and also including cost and expense of litigation, if any. Nothing contained herein shall be construed as transferring any patent or trademark rights or copyright in equipment covered by this Contract, and all such rights are hereby expressly reserved to the true and lawful owners thereof. Notwithstanding any provisions contained herein to the contrary, the SELLER's obligation under this Article should not be terminated by the passage of any specified period of time. The SELLER's indemnity liability hereunder does not extend to equipment or parts supplied by the BUYER to the SELLER BUILDER if any.

Appears in 1 contract

Samples: Shipbuilding Contract (Performance Shipping Inc.)

Patents, Trademarks and Copyrights. The machinery and equipment of the VESSEL may bear the patent number, trademarks or trade names of the manufacturers. The SELLER shall defend and save harmless the BUYER from patent liability or claims of patent infringement of any nature or kind, including costs and expenses for, or on account of any patented or patentable invention made or used in the performance of this Contract and also including cost and expense of litigation, if any. Nothing contained herein shall be construed as transferring any patent or trademark rights or copyright in equipment covered by this Contract, and all such rights are hereby expressly reserved to the true and lawful owners thereof. Notwithstanding any provisions contained herein to the contrary, the SELLER's ’s obligation under this Article should not be terminated by the passage of any specified period of time. The SELLER's ’s indemnity hereunder does not extend to equipment or parts supplied by the BUYER to the SELLER BUILDER, if any. Date: 46/58 Shipbuilding Contract Hull No.

Appears in 1 contract

Samples: Shipbuilding Contract (Scorpio Bulkers Inc.)