Common use of Disputes and Interpleader Clause in Contracts

Disputes and Interpleader. (a) Fort ▇▇▇▇ may submit the matter to any court of competent jurisdiction in an interpleader or similar action other than a matter submitted to arbitration after Fort ▇▇▇▇'▇ receipt of an Objection Notice under Section 4 and the parties under this Agreement submit the matter to such arbitration as described in Section 4 of this Agreement. Any and all costs incurred by Fort ▇▇▇▇ in connection therewith, including reasonable attorneys' fees and costs, shall be borne 50% by each of Producer and Licensee. (b) Fort ▇▇▇▇ shall perform any acts ordered by any court of competent jurisdiction, without any liability or obligation to any party hereunder by reason of such act.

Appears in 2 contracts

Sources: Purchase and License Agreement (Sycamore Networks Inc), Purchase and License Agreement (Sycamore Networks Inc)

Disputes and Interpleader. (a) Fort Knox ▇▇▇ may submit the matter to any court of competent jurisdiction in an interpleader or similar action other than a matter submitted to arbitration after Fort Knox'▇ ▇▇▇▇'▇ receipt eipt of an Objection Notice under Section 4 and the parties under this Agreement submit the matter to such arbitration as described in Section 4 of this Agreement. Any and all costs incurred by Fort ▇▇Knox ▇▇ in connection therewith, including reasonable attorneys' fees and costs, shall be borne 50% by each of Producer and Licensee. (b) Fort Knox ▇▇▇▇ shall ll perform any acts ordered by any court of competent jurisdiction, without any liability or obligation to any party hereunder by reason of such act.

Appears in 1 contract

Sources: Licensing Agreement (Interlinq Software Corp)