Common use of PROTECTION OF RIGHTS GRANTED Clause in Contracts

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

Appears in 8 contracts

Samples: Script Purchase Agreement, Script Purchase Agreement (BLVD Holdings Inc), Script Purchase Agreement (BLVD Holdings Inc)

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