Grant of Approval. 2.1 The Transferor requests for approval to transfer the Biological Resource and/or associated knowledge and the NBA hereby grants the approval subject to the terms and conditions set forth in this Agreement and compliance with all other laws in force in India. 2.2 The Transferor shall transfer the Biological Resources and/or associated knowledge only on the execution of a written agreement with the Transferee. The Agreement shall impose a mandatory obligation on the Transferee to comply with all the terms and conditions imposed on the Transferor by the approval agreement executed on ……. Day of …..2005, which agreement shall be attached as an appendix to the written agreement between the Transferor and Transferee. Provided that, in the absence of any agreement between the NBA and the Transferor, the Transferor shall attach the standard agreement (in accordance with the purpose of the transferee) as available with the NBA and all clauses therein shall be binding on the Transferee. 2.3 The Transferee shall have no rights to directly access the Biological resource and/or associated knowledge other than from the Transferor. 2.4 Transferor hereby undertakes to notify NBA immediately, if the Transferee or any third party makes any breach of this Agreement or the provisions of the Act comes to his knowledge.
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Sources: Agreement for Third Party Transfer of Bioresources and/or Associated Knowledge, Agreement for Third Party Transfer of Bioresources and/or Associated Knowledge