Common use of Costs and Monetary Recovery Clause in Contracts

Costs and Monetary Recovery. Except as specifically set out above, the Responsible Party shall bear all costs incurred in connection with any Third Party Infringement Claim, [***] Certain information in this document has been excluded pursuant to Regulation S-K, Item 601(b)(10). Such excluded information is not material and would likely cause competitive harm to the registrant if publicly disclosed. including the reasonable costs of the other Party(ies) in providing any requested assistance. The proceeds recovered from any such claim shall be first allocated to the reimbursement of each Party’s out of pocket expenses (including reasonable attorneys’ fees) incurred in connection with such claim. The remaining portion of proceeds shall be [***].

Appears in 2 contracts

Sources: Exclusive License Agreement (Dynacure S.A.), Exclusive License Agreement (Dynacure S.A.)