Common use of Right to Reimbursement Clause in Contracts

Right to Reimbursement. Without limiting the right of the parties under Sections 13.1, 13.2, and 13.3, a party which is entitled to indemnification against a lawsuit under Sections 13.1, 13.2 or 13.3, and is not provided such indemnification by the other party, shall have the right to defend itself in such suit and obtain reimbursement from the other party for its reasonable legal fees and other costs incurred in defending itself in such suits, and for any payments or amounts which it pays as a result of settlements made or judgments awarded in such suit. Such right of reimbursement shall be in addition to all other remedies which the party defending itself under this Section 13.4 possesses with respect to the other party.

Appears in 1 contract

Sources: Collaboration Agreement (Ribozyme Pharmaceuticals Inc)

Right to Reimbursement. Without limiting the right of the parties under Sections 13.1, 13.2, 12.1 and 13.312.2, a party which is entitled to indemnification against a lawsuit claim under either Sections 13.1, 13.2 12.1 or 13.312.2, and is not provided such defense or indemnification by the other party, shall have the right to defend itself in such suit claim and obtain reimbursement from the other party for its reasonable legal fees and other costs incurred in defending itself in such suits, and for any payments or amounts which it pays as a result of settlements made or judgments awarded in any suit based on such suitclaim. Such right of reimbursement shall be in addition to all other remedies which the party defending itself under this Section 13.4 12.3 possesses with respect to the other party.

Appears in 1 contract

Sources: Joint Collaboration Agreement (Ribogene Inc / Ca/)