Common use of Cessation of Affiliated Entities Clause in Contracts

Cessation of Affiliated Entities. (a) Rights granted to Affiliated Entities (i) any Results, or Background to which such Legal Entity has been granted Access Rights pursuant to the GA and this CA; and (ii) any Party's Confidential Information that has been used by such Legal Entity in accordance with the provisions of the GA and this CA, and that, at the time of cessation of such Legal Entity's Affiliated Entities’ status, has been: incorporated into the products, processes or services of such entity (hereinafter referred to as “Products, Processes and Services”); or amalgamated with such Legal Entity's own information. (A) With respect to such Confidential Information: such Legal Entity may continue to use the Confidential Information in its Products, Processes and Services in a manner in which the Confidential Information was being used prior to the time of cessation of such Legal Entity's Affiliated Entity status. (B) With respect to such Background, and Results other than Confidential Information: at the request of such Legal Entity, the Parties shall grant non-exclusive licenses to such Legal Entity under such Background, and Results for use in such Legal Entity's Products, Processes and Services on the same terms and conditions as the corresponding Access Rights granted in accordance with the GA and this CA to the Party of which such Legal Entity was an Affiliated Entity, provided that no commercial interest of such Parties opposes the grant of such licenses.

Appears in 2 contracts

Samples: Consortium Agreement, Consortium Agreement

AutoNDA by SimpleDocs

Cessation of Affiliated Entities. (a) Rights granted to Affiliated EntitiesEntities Upon any Legal Entity ceasing to be an Affiliated Entity of a Party, any Access Rights granted to such Legal Entity shall lapse, provided however that the provisions of paragraphs (A) and (B) below will apply with respect to: (i) any Results, or Background to which such Legal Entity has been granted Access Rights pursuant to the GA and this CA; and (ii) any Party's Confidential Information that has been used by such Legal Entity in accordance with the provisions of the GA and this CA, and that, at the time of cessation of such Legal Entity's Affiliated Entities’ status, has been: incorporated into the products, processes or services of such entity (hereinafter referred to as "Products, Processes and Services"); or amalgamated with such Legal Entity's own information. (A) With respect to such Confidential Information: such Legal Entity may continue to use the Confidential Information in its Products, Processes and Services in a manner in which the Confidential Information was being used prior to the time of cessation of such Legal Entity's Affiliated Entity status. (B) With respect to such Background, and Results other than Confidential Information: at the request of such Legal Entity, the Parties shall grant non-exclusive licenses to such Legal Entity under such Background, and Results for use in such Legal Entity's Products, Processes and Services on the same terms and conditions as the corresponding Access Rights granted in accordance with the GA and this CA to the Party of which such Legal Entity was an Affiliated Entity, provided that no commercial interest of such Parties opposes the grant of such licenses.

Appears in 1 contract

Samples: Consortium Agreement

Cessation of Affiliated Entities. (a) Upon cessation of the status as an Affiliated Entity, any Access Rights granted to such former Affiliated Entities Entity shall lapse, provided however that the provisions of paragraphs (iA) and (B) below will apply with respect to: any Results, or Background to which such Legal Entity legal entity has been granted Access Rights pursuant to the GA Grant Agreement and this CAConsortium Agreement; and (ii) and any Party's Confidential Information that has been used by such Legal Entity legal entity in accordance with the provisions of the GA Grant Agreement and this CAConsortium Agreement, and that, at the time of cessation of such Legal Entitylegal entity's Affiliated Entities’ status, the Background or Results to which Access Rights were granted has been: incorporated into the products, processes or services of such entity (hereinafter referred to as "Products, Processes and Services"); or amalgamated with such Legal Entitylegal entity's own information. (A) With respect to such Confidential Information: such Legal Entity may continue to use the Confidential Information in its Productsproducts, Processes processes and Services services in a manner in which the Confidential Information was being used prior to the time of cessation of such Legal Entitylegal entity's Affiliated Entity status. (B) With respect to such Background, and Results other than Confidential Information: at the request of such Legal Entitylegal entity, the Parties shall grant non-exclusive licenses to such Legal Entity legal entity under such Background, and Results for use in such Legal Entity's Products, Processes and Services on the same terms and conditions as the corresponding Access Rights granted in accordance with the GA Grant Agreement and this CA Consortium Agreement to the Party of which such Legal Entity legal entity was an Affiliated Entity, provided that no commercial interest of such Parties opposes the grant of such licenses.

Appears in 1 contract

Samples: Consortium Agreement

Cessation of Affiliated Entities. (a) Rights granted to Affiliated EntitiesEntities Upon any legal entity ceasing to be an Affiliated Entity of a Party, any Access Rights granted to such legal entity shall lapse, provided however that the provisions of paragraphs (A) and (B) below will apply with respect to: (i) any Results, or Background to which such Legal Entity legal entity has been granted Access Rights pursuant to the GA and this CA; and (ii) any Party's Confidential Information that has been used by such Legal Entity legal entity in accordance with the provisions of the GA and this CA, and that, at the time of cessation of such Legal Entitylegal entity's Affiliated Entities’ status, has been: incorporated into the products, processes or services of such entity (hereinafter referred to as "Products, Processes and Services"); or amalgamated with such Legal Entitylegal entity's own information. (A) With respect to such Confidential Information: such Legal Entity legal entity may continue to use the Confidential Information in its Products, Processes and Services in a manner in which the Confidential Information was being used prior to the time of cessation of such Legal Entitylegal entity's Affiliated Entity status. (B) With respect to such Background, and Results other than Confidential Information: at the request of such Legal Entitylegal entity, the Parties shall grant non-exclusive licenses to such Legal Entity legal entity under such Background, and Results for use in such Legal Entitylegal entity 's Products, Processes and Services on the same terms and conditions as the corresponding Access Rights granted in accordance with the GA and this CA to the Party of which such Legal Entity legal entity was an Affiliated Entity, provided that no commercial interest of such Parties opposes the grant of such licenses.

Appears in 1 contract

Samples: Consortium Agreement

AutoNDA by SimpleDocs

Cessation of Affiliated Entities. (a) Rights granted to Affiliated EntitiesEntities Upon any Legal Entity ceasing to be an Affiliated Entity of a Party, any Access Rights granted to such Legal Entity shall lapse, provided however that the provisions of paragraphs (A) below will apply with respect to: (i) any Results, or Background to which such Legal Entity has been granted Access Rights pursuant to the GA and this CAPCA; and (ii) any Party's Confidential Information that has been used by such Legal Entity in accordance with the provisions of the GA and this CAPCA, and that, at the time of cessation of such Legal Entity's Affiliated Entities’ status, has the Background or Results to which Access Rights were granted have been: incorporated into the products, processes or services of such entity (hereinafter referred to as "Products, Processes and Services"); or amalgamated with such Legal Entity's own information. (A) With respect to such Confidential Information: such Legal Entity may continue to use the Confidential Information in its Products, Processes and Services in a manner in which the Confidential Information was being used prior to the time of cessation of such Legal Entity's Affiliated Entity status. (B) With respect to such Background, Results and Results other than Confidential Information: at the request of such Legal Entity, the Parties shall grant non-exclusive non−exclusive licenses to such Legal Entity under such Background, and Results and Confidential Information for use in such Legal Entity's Products, Processes and Services on the same terms and conditions as the corresponding Access Rights granted in accordance with the GA and this CA PCA to the Party of which such Legal Entity was an Affiliated Entity, provided that no commercial interest Legitimate Interest of such Parties opposes the grant of such licenses.

Appears in 1 contract

Samples: Consortium Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!