Common use of Apportionment of Fault Clause in Contracts

Apportionment of Fault. If any Losses occur by reason of or result from the joint Fault of CPC and Fault of Maxygen, liability for such Losses under Section 7.1.1(a) or Section 7.1.1(b) shall be apportioned between CPC and Maxygen according to the percentage of Fault of CPC and Maxygen. This Section 7.1.2 shall apply even under circumstances where a Third Party bears a percentage of the fault.

Appears in 2 contracts

Sources: Technology License Agreement (Maxygen Inc), Technology License Agreement (Maxygen Inc)