Common use of Data Audit Clause in Contracts

Data Audit. Promptly following the submission of each Regulatory Filing, and any amendments or supplements thereto, the Party making such submission shall provide a full and complete copy of such filing to the other Party for purposes of determining whether the submitting Party has Materially Used the other Party’s Shared Clinical Trial Data without having paid its applicable Shared Clinical Trial Cost Sharing Percentage associated with such Shared Clinical Trial Data. In the event that a Party Materially Used the other Party’s Shared Clinical Trial Data in such submission, the submitting Party shall immediately pay its applicable Shared Clinical Trial Cost Sharing Percentage to the other Party upon written request by the other Party.

Appears in 6 contracts

Samples: Collaborative Development and License Agreement (Enanta Pharmaceuticals Inc), Collaborative Development & License Agreement, Collaborative Development and License Agreement (Enanta Pharmaceuticals Inc)

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