The Licensee’s Insurance. 9.4.1 Throughout the Term, or during such other period as the parties agree in writing, the Licensee shall maintain, and shall cause each sublicensee to maintain, in full force and effect comprehensive general liability ("CGL") insurance, with single claim limits acceptable to the University. Such insurance policy shall include coverage for claims that may be asserted by the University against the Licensee under section 9.2 and for claims by a Third Party against the Licensee or the University arising out of the purchase or use of a Licensed Product. Such insurance policy must (i) name the University as an additional insured if the University so requests in writing and (ii) require the insurer to deliver written notice to the University at the address set forth in section 12.13, at least thirty (30) days before the termination of the policy. Upon receipt of the University's written request, the Licensee shall deliver to the University a copy of the certificate of insurance for such policy. 9.4.2 The provisions of subsection 9.4.1 do not apply if the University agrees in writing to accept the Licensee's or a sublicensee's, as the case may be, self-insurance plan as adequate insurance.
Appears in 3 contracts
Samples: Exclusive Patent License Agreement (Oxis International Inc), Exclusive Patent License Agreement (Oxis International Inc), Exclusive Patent License Agreement (Oxis International Inc)
The Licensee’s Insurance. 9.4.1 Throughout the Term, or during such other period as the parties agree in writing, the Licensee shall maintain, and shall cause each sublicensee to maintain, in full force and effect comprehensive general liability ("“CGL"”) insurance, with single claim limits acceptable to the University. Such insurance policy shall include coverage for claims that may be asserted by the University against the Licensee under section 9.2 and for claims by a Third Party third party against the Licensee or the University arising out of the purchase or use of a Licensed Product. Such insurance policy must (iI) name the University as an additional insured if the University so requests in writing and (ii) require the insurer to deliver written notice to the University at the address set forth in section 12.13, at least thirty (30) days before the termination of the policy. Upon receipt of the University's ’s written request, the Licensee shall deliver to the University a copy of the certificate of insurance for such policy.
9.4.2 The provisions of subsection 9.4.1 do not apply if the University agrees in writing to accept the Licensee's ’s or a sublicensee's’s, as the case may be, self-insurance plan as adequate insurance.
Appears in 2 contracts
Samples: Exclusive Patent License Agreement (Cellectis S.A.), Exclusive Patent License Agreement (Cellectis S.A.)
The Licensee’s Insurance. 9.4.1 Throughout the Term, or during such other period as the parties agree in writing, the Licensee shall maintain, and shall cause each sublicensee to maintain, in full force and effect comprehensive general liability ("“CGL"”) insurance, with single claim limits acceptable to the University. Such insurance policy shall include coverage for claims that may be asserted by the University against the Licensee under section 9.2 and for claims by a Third Party third party against the Licensee or the University arising out of the purchase or use of a Licensed Product. Such insurance policy must (i) name the University as an additional insured if the University so requests in writing and (ii) require the insurer to deliver written notice to the University at the address set forth in section 12.1323, at least thirty (30) days before the termination of the policy. Upon receipt of the University's ’s written request, the Licensee shall deliver to the University a copy of the certificate of insurance for such policy.
9.4.2 The provisions of subsection 9.4.1 do not apply if the University agrees in writing to accept the Licensee's ’s or a sublicensee's’s, as the case may be, self-insurance plan as adequate insurance.
Appears in 2 contracts
Samples: Try Buy License Agreement, Try Buy License Agreement