Common use of Transfer of Results Clause in Contracts

Transfer of Results. 8.3.1 Each Party may transfer ownership of its own Results. It shall however ensure that its obligations under the Partnership Agreement and the Project Contract also apply to the new owner and that this owner has the obligation to pass them on in any subsequent transfer. 8.3.2 The transferring Party shall, however, at the time of the transfer, inform the other Parties of such transfer and shall ensure that the rights of the other Parties will not be affected by such transfer. 8.3.3 The Parties recognize that in the framework of a merger or an acquisition of an important part of its assets, a Party may be subject to confidentiality obligations which prevent it from giving the full 45 days prior notice for the transfer as foreseen in the Project Contract. 8.3.4 The obligations above apply only for as long as other Parties still have -or still may request- Access Rights to the Results.

Transfer of Results. PO1297/2020 8.3.1 Each Party may transfer ownership of its own Results. It lt shall however ensure that its obligations under the Partnership Partnershíp Agreement and the Project Contract also apply to the new owner and that this owner has the obligation to pass them on in any subsequent transfer. 8.3.2 The transferring transferríng Party shall, however, at the time of the transfer, inform ínform the other Parties of such transfer and shall ensure that the rights of the other Parties will not be affected by hy such transfer. 8.3.3 The Parties recognize that in the framework of a merger or an acquisition of an important part of its assets, a Party may be subject to confidentiality obligations which prevent it from giving the full 45 days prior notice for the transfer as foreseen in the Project Contract. 8.3.4 The obligations oblígations above apply only for as long ▇▇▇▇ as other Parties still have -or still may request- request­ Access Rights to the Results.