Common use of Necessary Disclosures Clause in Contracts

Necessary Disclosures. Each Party may disclose the Confidential Information it receives under this Agreement to (a) its employees, contractors and permitted sublicensees, (b) to a potential or actual acquirer of, or an investor or potential investor in, such Party or the assets of such Party to which this Agreement relates, (c) for the purposes of Patent filing, prosecution and enforcement and (d) to its advisors, provided that in each case the disclosure is limited to the extent required for the performance of either Party’s obligations under this Agreement, and provided that in the case of subsections (a), (b) and (d), the individuals are subject to obligations of confidentiality in relation to such information no less stringent than those contained in this Agreement.

Appears in 2 contracts

Sources: Joint Venture Agreement (Huiheng Medical, Inc.), Joint Venture Agreement (Huiheng Medical, Inc.)

Necessary Disclosures. Each Party may disclose the Confidential Information it receives under this Agreement to (ai) its employees, contractors and permitted sublicenseesSublicensees, (bii) to a potential or actual acquirer of, or an investor or potential investor in, of such Party or the assets of such Party to which this Agreement relates, (ciii) for the purposes of Patent filing, prosecution and enforcement and (div) to its advisors, provided that in each case of (i), (ii) and (iv), the disclosure is limited to the extent required for the performance of either Party’s obligations under this Agreement, and provided that in the each such case of subsections (a), (b) and (d), the individuals are subject to obligations of confidentiality in relation to such information no less stringent than those contained in this Agreement.

Appears in 1 contract

Sources: License Agreement (Adverum Biotechnologies, Inc.)