Common use of Grant of Approval Clause in Contracts

Grant of Approval. 2.1 XYZ requests for approval and the NBA hereby grants the approval for access to Biological Resources and/or associated knowledge as specified in Schedule A for the purposes of Commercial Utilisation subject to the terms and conditions set forth in this Agreement. 2.2 Any activities/use involving the Biological Resources and/or associated knowledge that are not expressly authorized by the provisions of this Agreement and any annexure hereto shall be deemed to be expressly prohibited. 2.3 XYZ hereby agrees that this Agreement shall not in any way constitute or be presumed to constitute a partnership, joint venture or joint enterprise in any way or for any purpose between the Parties hereto or make them in any way liable as partners of or as agents for one another. No Party has the authority to act for or to assume any obligation or responsibility on behalf of the other Party and the relationship between the Parties is that of a person and a statutory authority competent to approve access to biological resources and/or associated traditional knowledge under the Act.

Appears in 2 contracts

Sources: Agreement on Access to Biological Resources and/or Associated Knowledge for Commercial Utilization, Agreement on Access to Biological Resources and/or Associated Knowledge for Commercial Utilization