Product Indemnification Sample Clauses

The Product Indemnification clause requires one party, typically the seller or manufacturer, to compensate the other party for losses or damages arising from defects, malfunctions, or legal claims related to the product. In practice, this means if a third party sues the buyer for injury or damages caused by the product, the seller must cover legal costs and any resulting liabilities. This clause serves to allocate risk by protecting the buyer from financial harm due to issues with the product, ensuring that responsibility for product-related problems remains with the party best positioned to manage those risks.
POPULAR SAMPLE Copied 121 times
Product Indemnification. Silk Road Medical will defend, indemnify, and hold Lake Region harmless from and against any and all liabilities, claims and demands for injury to or death of persons or damage to property arising out of or in connection with the sale, use or application of any Product
Product Indemnification. Subject to the provisions of this Section 6.7, Orchid agrees to defend, indemnify and hold harmless ▇▇▇▇▇▇▇ from any and all damages arising from injury or damage to persons or property (including without limitation, product liability or infringement of any proprietary rights) resulting directly or indirectly from Orchid's use, development, manufacture, licensing, marketing, sale or other disposition or any other commercial exploitation of any Product or Service, except those which result from the gross negligence or willful misconduct of ▇▇▇▇▇▇▇. ▇▇▇▇▇▇▇ shall promptly notify Orchid of any claim which is to be indemnified hereunder and Orchid shall have the sole right to defend, settle or compromise any such action or claim.
Product Indemnification. Mylex agrees that it will indemnify Dovatron against any and all claims, liabilities, damages or causes of action (collectively, a "Claim") hereafter brought or asserted by any person or entity arising out of the design, installation or use of any units of Product(s) manufactured by Dovatron under this Agreement, except to the extent such Claim results from such units of Product(s) not meeting their specifications or being defective in workmanship. Such indemnification obligation is conditioned upon Dovatron promptly notifying Mylex of any such claim. Such indemnification shall include reasonable attorneys' fees and other costs incurred by Dovatron in the defense of any Claim; provided, however, Mylex shall have the right to defend any Claim with its own counsel, which is reasonably acceptable to Dovatron.
Product Indemnification. 14.2.1 Notwithstanding any other provisions of this Agreement, the Sellers shall indemnify and hold harmless the Buyer or, at the Buyer’s election, the respective Group Companies, on a USD for USD basis, from and against any cost incurred by any Group Company as a result of customer complaints in connection with the read head magnetic encoder misalignment failure issue on robots shipped between 1 September 2014 and 31 March 2015, whereby a plastic bracket potentially could cause a sensor misalignment that could result in a robot stop and where such failure results in a product retrofit within the period from the Closing Date and the date falling 18 months after of the Closing Date. Claims pursuant to this clause 14.2.1 shall be subject to the limitations in clauses 16.4.2 and 16.4.3.
Product Indemnification. Seller will indemnify, defend and hold harmless Buyer, its officers, employees, agents, successors, assigns, customers, and users of its products from and against any and all losses, expenses, damages, claims, suits and liabilities (including recall, repair and replacement expenses and other incidental and consequential damages; court costs and attorneys' fees) arising as a result of actual or alleged breach of any warranties or other terms contained herein or arising under any strict tort or negligence Draft of 5/29/90 claims premised on either an actual or alleged defect in the Goods. At Buyer's request, Seller will assume promptly full responsibility for the defense of any action described in this paragraph which may be brought or threatened by a third party against Seller and/or Buyer.
Product Indemnification. BMI agrees to defend, indemnify and hold harmless CollaGenex from any and all Damages arising from injury or damage to persons or property resulting directly or indirectly from BMI's use, manufacture, sale or other disposition of any Products in the Territory. BMI will utilize its best efforts to obtain liability insurance covering the manufacture and sale of Products on terms and in amounts as are customary for the pharmaceutical industry.
Product Indemnification. Liquid Audio fully releases and indemnifies Compaq from any and all product liability claims that may arise from any product or service provided by Liquid Audio under this Agreement. Liquid Audio assumes all liability with respect to such product liability claims and will indemnify, and hold harmless an defend COMPAQ from any and all damages, costs and expenses, including reasonable attorney's fees, incurred in connection with such claims.
Product Indemnification. Each party shall indemnify and defend the other party against any and all claims, suits, losses, expenses, and liabilities, for bodily injury, personal injury, death, and property damage asserted or brought or asserted by any person or entity arising out of the design, installation or use of any Product Unit(s) manufactured by FIC under this Agreement unless such claim alleges that FIC's manufacturing process is directly or indirectly at fault. Such indemnification shall include attorney's fees and all other costs incurred by FIC in the defense of such claims, asserted liabilities or causes of actions. Both parties shall carry and maintain liability insurance coverage to satisfactorily cover its obligations under this Agreement.
Product Indemnification. Customer agrees that it shall indemnify SYNNEX against any and all third-party Claims hereafter brought or asserted by any person or entity arising out of the design, installation or use of any units of Product(s) manufactured by SYNNEX under this Agreement, except to the extent such Claim results from such units of Product(s) not substantially conforming to their Specifications or being materially defective in workmanship. Such indemnification obligation shall be conditioned upon SYNNEX promptly notifying Customer of any such Claim. Such indemnification shall include reasonable attorneys’ fees and other costs incurred by SYNNEX in the defense of any Claim. Such indemnification is conditioned upon Customer having sole and exclusive control over the defense of any such Claim. Customer shall not enter into any settlement that affects SYNNEX’s rights or interests without SYNNEX’s prior written approval. Customer shall have no authority to settle any Claim on behalf of SYNNEX.
Product Indemnification. Paragraph 7 Infringement Indemnification Paragraph 13 Proprietary Information- Confidentiality--Advertising Paragraph 14 License to Repair; Use of Copyrighted Materials Paragraph 15 Indemnity/Insurance