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Jul 16, 2013
Richard P.W. Stobbe, Field Law, Canada
First published on www.lexology.com

Software Licenses and Indemnities


Richard P.W. Stobbe, Field Law, Canada, First published on www.lexology.comLicense agreements often contain indemnities. An indemnity is a contractual obligation to step in and reimburse some financial obligation such as a liability, loss, or damage. In essence, the party giving the indemnity will make the injured party “whole” by recompensing losses and expenses. The court in Coastal Contacts Inc. v. Elastic Path Software Inc., 2013 BCSC 133 reviewed the meaning and scope of an indemnity for intellectual property infringement, which is a common clause in  read more