Licensor Indemnified Party definition

Licensor Indemnified Party means each Licensor and its directors, officers, employees, agents and other representatives.

Licensor Indemnified Party has the meaning set forth in Section 10.6.

Licensor Indemnified Party has the meaning set forth in Section 8.2. “(redacted)".

Examples of Licensor Indemnified Party in a sentence

• Licensee shall not be liable to any Licensor Indemnified Party under this Section 7(b) to the extent that: (A) any Claim is determined by a court of competent jurisdiction to result directly from any gross negligence or willful misconduct of Licensor; or (B) to the extent that Licensor is required to indemnify Licensee pursuant to Section 7(a) of the Standard Terms above.

• Withoutlimiting the generality of the foregoing, damages recovered by a third party from a Licensor Indemnified Party or a LicenseeIndemnified Party, regardless of the theory under wh ich such damages were recovered by such third party, including consequential or punitive damages recovered by such third party, shall be considered direct damages for purposes of, and shall be recoverable under this Agreement.

• A Licensee Indemnified Party or Licensor Indemnified Party ("Indemnified Party") shall promptly notify the other Party from whom it is seeking indemnification ("Indemnifying Party") upon becoming aware of a Third-Party Claim with respect to which the Indemnifying Party is obligated to provide indemnification under this Section 13 ("Indemnified Claim").

More Definitions of Licensor Indemnified Party

Licensor Indemnified Party means Licensor, each Affiliate of Licensor, each director, officer, employee, shareholder and agent of Licensor or an Affiliate of Licensor, and their respective heirs, successors and assigns.

Licensor Indemnified Party shall have the meaning given to such term in Section 10(b).

Licensor Indemnified Party has the meaning ascribed to it in Section 8(a).

Licensor Indemnified Party has the meaning set forth in Section 10.2 (Indemnification by Lian).