Common use of PROTECTION OF RIGHTS GRANTED Clause in Contracts

PROTECTION OF RIGHTS GRANTED. Owner hereby grants to Purchaser the free and unrestricted right, but at Purchaser's own cost and expense, to institute in the name and on behalf of Owner, or Owner and Purchaser jointly, any and all suits and proceedings at law or in equity, to enjoin and restrain any infringements of the rights herein granted, and hereby assigns and sets over to Purchaser any and all causes of action relative to or based upon any such infringement, as well as any and all recoveries obtained thereon. Owner will not compromise, settle or in any manner interfere with such litigation if brought; and Purchaser agrees to indemnify and hold Owner harmless from any costs, expenses, or damages which Owner may suffer as a result of any such suit or proceeding.

Appears in 16 contracts

Samples: Literary Purchase Agreement (Regnum Corp.), Literary Purchase Agreement (Regnum Corp.), Literary Purchase Agreement (Regnum Corp.)

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PROTECTION OF RIGHTS GRANTED. Owner hereby grants to Purchaser the free and unrestricted right, but at Purchaser's ’s own cost and expense, to institute in the name and on behalf of Owner, or Owner and Purchaser jointly, any and all suits and proceedings at law or in equity, to enjoin and restrain any infringements of the rights herein granted, and hereby assigns and sets over to Purchaser any and all causes of action relative to or based upon any such infringement, as well as any and all recoveries obtained thereon. Owner will not compromise, settle or in any manner interfere with such litigation if brought; and Purchaser agrees to indemnify and hold Owner harmless from any costs, expenses, or damages which Owner may suffer as a result of any such suit or proceeding.

Appears in 3 contracts

Samples: Literary Purchase Agreement (Regnum Corp.), Literary Purchase Agreement (Regnum Corp.), Literary Purchase Agreement (Regnum Corp.)

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PROTECTION OF RIGHTS GRANTED. Owner hereby grants to Purchaser the free and unrestricted right, but at Purchaser's own cost and expense, to institute in the name and on behalf of Owner, or Owner and Purchaser jointly, any and all suits and proceedings at law or in equity, to enjoin and restrain any infringements of the rights herein granted, and hereby assigns and sets over to Purchaser any and all causes of action relative to or based upon any such infringement, as well as any and all recoveries obtained thereon. Owner will not compromise, settle or in any manner interfere with such litigation if brought; and Purchaser agrees to indemnify and hold Owner harmless from any costs, expenses, or damages which Owner may suffer as a result of any such suit suite or proceeding.

Appears in 1 contract

Samples: Property Option and Acquisition Agreement (Film & Music Entertainment, Inc.)

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