Common use of Reports Records Clause in Contracts

Reports Records. Each Party shall keep the other Party informed of its progress and results in performing Development activities under the European Co-Development Plan and Budget. In addition, each Party shall maintain English language records of its activities under the European Co-Development Plan and Budget (including those activities of contract service organizations and other authorized licensees and agents) in sufficient detail and in good scientific manner as will properly reflect all work done and results achieved in the performance of such activities. During the Term of this Agreement, the Parties shall provide each other access to the records referred to in this Section, upon reasonable request, during ordinary business hours and subject to appropriate confidentiality agreement in the event that Third Party confidential information is involved.