Common use of Shared Privileges Clause in Contracts

Shared Privileges. (i) The parties hereto agree that they shall have a shared Privilege, with equal right to assert or waive, subject to the restrictions in this Section 9.6(b)(i), with respect to all Privileges ----------------- not allocated pursuant to the terms of Section 9.6(a) above. All -------------- Privileges relating to any claims, proceedings, litigation, disputes, or other matters which involve two or more of Columbia/HCA, LifePoint or Triad and in respect of which two or more of such parties retain any responsibility or liability under this Agreement, shall be subject to a shared Privilege among them.

Appears in 3 contracts

Samples: Distribution Agreement (Lifepoint Hospitals LLC), Distribution Agreement (Lifepoint Hospitals Inc), Distribution Agreement (Triad Hospitals LLC)

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Shared Privileges. (i) The parties hereto agree that they shall have a shared Privilege, with equal right to assert or waive, subject to the restrictions in this Section 9.6(b)(i), with respect to all Privileges ----------------- not allocated pursuant to the terms of Section 9.6(a) above. All -------------- Privileges relating to any claims, proceedings, litigation, disputes, or other matters which involve two or more of Columbia/HCA, LifePoint or Triad and in respect of which two or more of such parties retain any responsibility or liability under this Agreement, shall be subject to a shared Privilege among them.

Appears in 1 contract

Samples: Distribution Agreement (Columbia Hca Healthcare Corp/)

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