Primacy. The Company’s insurance is primary coverage; any insurance Columbia may purchase is in excess of the Company’s insurance and noncontributory. The Company shall contract for the Company’s insurance to be written to cover claims incurred, discovered, manifested, or made during or after the expiration of this Agreement.
Appears in 1 contract
Sources: Exclusive License Agreement (Sorrento Therapeutics, Inc.)
Primacy. The Company’s insurance is primary coverage; any insurance Columbia may purchase is in excess of the Company’s insurance and noncontributory. The Company shall contract for the Company’s its insurance to be written to cover claims incurred, discovered, manifested, or made during or after the expiration of this Agreement.
Appears in 1 contract
Sources: Exclusive License Agreement (Tonix Pharmaceuticals Holding Corp.)