Common use of Destruction of Materials Clause in Contracts

Destruction of Materials. Upon the expiration or termination of this Agreement, SPRI and ABX shall destroy the SPRI Materials and the ABX Materials and any XenoMouse Animals that have been immunized with the Target Antigen unless otherwise mutually agreed by the parties, provided that each party's legal counsel may retain one copy of confidential information (other than biological materials) furnished by the other party pursuant to this Agreement in a secure location for the sole purpose of identification such party's obligations under the confidentiality provisions of this Agreement.

Appears in 3 contracts

Sources: Collaborative Research Agreement (Abgenix Inc), Collaborative Research Agreement (Abgenix Inc), Collaborative Research Agreement (Abgenix Inc)