Common use of Licensor’s Responsibilities Clause in Contracts

Licensor’s Responsibilities. Licensee acknowledges that Licensor has discontinued all work on Licensed Products. Therefore, Licensor has no obligation to use any efforts to assist Licensee in Licensee’s Development activities relating to any Licensed Product other than Licensor’s specific obligations hereunder and under the technology transfer and transition services agreements referred to below.

Appears in 2 contracts

Sources: License, Development, and Commercialization Agreement, License, Development, and Commercialization Agreement (Provention Bio, Inc.)