Common use of Allocation of Defense Costs Clause in Contracts

Allocation of Defense Costs. Except as otherwise provided herein (including Section 7.01) and regardless of which Party conducts and controls the defense of any Third Party Claim, the proportion of the costs and expenses of the defense of any Third Party Claim equal to the proportion that the Hospira Proceeding Liabilities, if any, bears to the total Proceeding Liabilities with respect to such Third Party Claim shall be deemed to constitute Hospira Liabilities, and the remainder, if any, of such costs and expenses shall be deemed to constitute Abbott Liabilities; provided, however, unless the Parties agree otherwise, the Parties shall initially share equally the costs and expenses of the defense of such Third Party Claim and adjust the burden of those costs and expenses pursuant to this subsection (c) immediately following the disposition or settlement of the Third Party Claim and, provided further, that the costs and expenses of the Proceedings described on Schedule 1.01(n) and in Item 2 on Schedule 1.01(c) shall be allocated as set forth on such schedules.

Allocation of Defense Costs. Except as otherwise provided herein (including Section SECTION 7.01) and regardless of which Party conducts and controls the defense of any Third Party Claim, the proportion of the costs and expenses of the defense of any Third Party Claim equal to the proportion that the Hospira Proceeding Liabilities, if any, bears to the total Proceeding Liabilities with respect to such Third Party Claim shall be deemed to constitute Hospira Liabilities, and the remainder, if any, of such costs and expenses shall be deemed to constitute Abbott Liabilities; providedPROVIDED, howeverHOWEVER, unless the Parties agree otherwise, the Parties shall initially share equally the costs and expenses of the defense of such Third Party Claim and adjust the burden of those costs and expenses pursuant to this subsection (c) immediately following the disposition or settlement of the Third Party Claim and, provided furtherPROVIDED FURTHER, that the costs and expenses of the Proceedings described on Schedule SCHEDULE 1.01(n) and in Item 2 on Schedule SCHEDULE 1.01(c) shall be allocated as set forth on such schedules.