Liability and Obligations. 8.1 Each party agrees during the period of this Agreement and at all times thereafter to indemnify and hold harmless the other parties against any and all actions, suits, proceedings, claims, demands, costs, penalties, expenses (legal or otherwise) or losses whatsoever which may arise out of or in respect of or in any way connected with the conduct of the Project in that party’s laboratories or which any tests or trials that may be carried out in connection therewith or as a result of any act or omission of any servant or agent or sub-contractor of that party in respect of the foregoing. 8.2 Each party covenants and undertakes that the work under the Project including the carrying out of all tests and trials will at all times be conducted to the highest possible professional standards and in accordance with all applicable rules, regulations and conditions and in particular will procure that no actions suits or proceedings will be made against the other parties in respect of or in connection with the conduct of the work under the Project. 8.3 Deakin University shall be responsible for obtaining necessary regulatory approval (if any), by any and all government agencies, for conducting research and development work in the field of the Project in Australia. Deakin University shall deliver copies of all such approvals (if any) to Autogen within seven (7) days of receipt of such approvals by Deakin University. Deakin University may pay from the Funding the costs of any infrastructure required in order to obtain regulatory approval provided that the limitation for use of the Funding in clause 4.4 shall not be exceeded. 8.4 Autogen is a subsidiary of AWI, which is listed on the Stock Exchange. IDI and Deakin University are aware that the Corporations Law prohibits ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ and shall use their best endeavours to ensure that their employees and contractors are also made aware of such prohibition. IDI and Deakin University are aware of the continuous disclosure requirements applicable to companies listed on the Stock Exchange and shall use their best endeavours to ensure that their employees and contractors are also aware of such requirements and shall advise Autogen in writing of any material advancements or developments as they occur.
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Liability and Obligations. 8.1 Each party agrees during the period of this Agreement and at all times thereafter to indemnify and hold harmless the other parties against any and all actions, suits, proceedings, claims, demands, costs, penalties, expenses (legal or otherwise) or losses whatsoever which may arise out of or in respect of or in any way connected with the conduct of the Project in that party’s laboratories or which any tests or trials that may be carried out in connection therewith or as a result of any act or omission of any servant or agent or sub-contractor of that party in respect of the foregoing.
8.2 Each party separately covenants and undertakes that the work done by that party under the Project including the carrying out of all tests and trials will at all times be conducted to the highest possible professional standards and in accordance with all applicable rules, regulations and conditions and in particular will procure that no indemnify the other parties against any actions suits or proceedings will be made against the other parties in respect of or in connection with the conduct of the work under the Project.
8.3 Deakin University IDI shall be responsible for obtaining necessary regulatory approval (if any), by any and all government agencies, for conducting research and development work in the field of the Project in Australia. Deakin University IDI shall deliver copies of all such approvals (if any) to Autogen within seven (7) days of receipt of such approvals by Deakin UniversityIDI. Deakin University IDI may pay from the Funding the costs of any infrastructure required in order to obtain regulatory approval provided that the limitation for use of the Funding in clause 4.4 shall not be exceeded.
8.4 Autogen is a subsidiary of AWI, which is listed on the Stock Exchange. IDI and Deakin University are is aware that the Corporations Law prohibits ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ and shall use their its best endeavours to ensure that their its employees and contractors are also made aware of such prohibition. IDI and Deakin University are is aware of the continuous disclosure requirements applicable to companies listed on the Stock Exchange and shall use their its best endeavours to ensure that their is employees and contractors are also aware of such requirements and shall advise Autogen in writing of any material advancements or developments as they occur.
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Sources: Research, Licence and Commercialisation Agreement (Chemgenex Pharmaceuticals LTD)