What does the following mean in simple terms or how does it apply?: Indemnity. LICENSOR shall at all times indemnify and save LICENSEE harmless from and against any and all damages, costs, expenses, losses, liabilities, fines, and/or penalties of every kind and nature, which arise out of or in any way relate to the Patent Licensed Rights and/or Products, including without limitation by reason of specification, the reasonable legal fees and disbursements, costs and expenses paid and/or incurred by LICENSEE, in connection with any action or proceeding brought by or against LICENSEE, including, but not limited to any and all infringement claim(s), personal injury claim(s), product liability claim(s), and/or wrongful death claim(s) related to the Licensed Patent Rights and/or Products. The provisions of this Paragraph A1″ of this ARTICLE XII shall survive the expiration or earlier termination of this Agreement.
I purchased property and a building on a land contract and have paid it in full. The owner gave me a corporate warranty deed. Now what do I do?
I had purchased a car 9-19-08 . The certificate of title is in my name and there is no lien holder. On the bill of sale they had sold the car to me for $1. But really wanted $5000. I have paid $1500 to date. They are unhappy with the payments and there is no written agreement. They now want the car back. Is there any way if we went to court they would win it back ?
rights of buyer and seller on a bill of sale
On a bill of sale stating that the buyer has paid $7,000.00 63.5% of 11,000.00 total, toward a used car for a down payment. With monthly payments of $500.00 until the car is payed for in full the seller will tranfer the title to the buyer upon recieving the total amount. With Vin# and Licence#, date and signature of both parties and both parties have their own copy. On a contract such as this….
would the seller still have the right to take the car back without refunding the money back to the seller before the tranfer of title is made? Would the seller have the right to report the car stolen, before the transfer of title is made? Would the seller have to refund every cent back to the buyer before reclaiming the vehicle?