Common use of Release Indemnification and Insurance Clause in Contracts

Release Indemnification and Insurance. Licensee releases University and the members of its faculty, staff and student body forever from any and all suits, actions, claims, liabilities, demands, damages, losses or expenses (including reasonable attorneys' and investigative expenses), relating to or arising out of (i) the s manufacture, promotion, sale and distribution of Licensed Products. Throughout the term of this Agreement and thereafter, Licensee shall indemnify, defend and hold University harmless from all suits, actions, claims, liabilities, demands, damages, losses or expenses (including reasonable attorneys' and investigative expenses), relating to or arising out of the manufacture, promotion, sale and distribution of Licensed Products, including, without limitation, breach of contract and warranty and products liability claims relating to a Licensed Product. Unless more specific insurance provisions are attached, the following shall apply. At all times during its performance under this Agreement, including the distribution of Licensed Product pursuant to 12.4, Licensee shall obtain and keep in force comprehensive general and professional liability insurance, including coverage for bodily or personal injury, property damage, and product liability, with limits of not less than one million and no/100 dollars ($1,000,000.00) each claim and three million and no/100 dollars ($3,000,000.00) each occurrence. All such certificates evidencing such insurance shall name the Regents of the University as a primary additional insured. Licensee shall provide such certificate to University as a primary additional insured upon University's request.

Release Indemnification and Insurance. Licensee releases University and the members of its faculty, staff and student body forever from any and all suits, actions, claims, liabilities, demands, damages, losses or expenses (including reasonable attorneys' and investigative expenses), relating to or arising out of (i) the s manufacture, promotion, sale and distribution of Licensed Products. Throughout the term of this Agreement and thereafter, Licensee shall indemnify, defend and hold University harmless from all suits, actions, claims, liabilities, demands, damages, losses or expenses (including reasonable attorneys' and investigative expenses), relating to or arising out of the manufacture, promotion, sale and distribution of Licensed Products, including, without limitation, breach of contract and warranty and products liability claims relating to a Licensed Product. Unless more specific insurance provisions are attached, the following shall apply. At all times during its performance under this Agreement, including the distribution of Licensed Product pursuant to 12.4, Licensee shall obtain and keep in force comprehensive general and professional liability insurance, including coverage for bodily or personal injury, property damage, and product liability, with limits of not less than one million and no/100 dollars ($1,000,000.00) each claim and three million and no/100 dollars ($3,000,000.00) each occurrence. All such certificates evidencing such insurance shall name the Regents of the University as a primary additional insured. Licensee shall provide such certificate to University as a primary additional insured upon University's request.