Common use of Obligation to Return Clause in Contracts

Obligation to Return. Upon expiration or termination of this Agreement for any reason whatsoever, the Receiving Party shall return to the Disclosing Party, or destroy, as the Disclosing Party shall specify in writing, all copies of all documents and other materials, including Research Materials, that contain or embody any of the Disclosing Party’s Confidential Information, except to the extent that the Receiving Party is required by applicable law to retain such documents and materials. Within [***] days after the date of expiration or termination of this Agreement, the Receiving Party shall furnish the Disclosing Party with a certificate, duly executed by an officer of the Receiving Party, confirming that the Receiving Party has complied with its obligations under this Section 13.5. Nothing in this Section 13.5. shall affect the right of INC to retain, for a period of five (5) years, copies of all data, documents and other materials for the purpose of documenting its performance under this Agreement and/or to deal with any claims or queries by individuals, associations, institutions or authorities.

Obligation to Return. Upon expiration or termination of this Agreement for any reason whatsoever, the Receiving Party shall return to the Disclosing Party, or destroy, as the Disclosing Party shall specify in writing, all copies of all documents and other materials, including Research Materials, that contain or embody any of the Disclosing Party’s Confidential Information, except to the extent that the Receiving Party is required by applicable law to retain such documents and materials. Within [***] thirty (30) days after the date of expiration or termination of this Agreement, the Receiving Party shall furnish the Disclosing Party with a certificate, duly executed by an officer of the Receiving Party, confirming that the Receiving Party has complied with its obligations under this Section 13.5. Nothing in this Section 13.5. shall affect the right of INC to retain, for a period of five (5) years, copies of all data, documents and other materials for the purpose of documenting its performance under this Agreement and/or to deal with any claims or queries by individuals, associations, institutions or authorities.