Common use of Direct Right of Access Rights to Affiliates Clause in Contracts

Direct Right of Access Rights to Affiliates. Each Party hereby grants Access Rights to Results and Background to any Affiliate of any other Party as if such Affiliate was a Party to this PCA, and subject to the condition that such Affiliate undertakes to grant Access Rights to Background or Results, if it owns any in accordance with Section 8.3.1, on terms identical to Access Rights granted under this PCA by the Parties hereto, to all Parties and their Affiliates (subject to such Affiliates also having accepted such obligations) and (without prejudice to the Parties' obligations to carry out the Action and to provide Action deliverables) to fulfil all confidentiality and other obligations towards the Funding Authority and the other Parties accepted by the Parties under the GA or this PCA as if such Affiliate was a Party. Access Rights granted to any Affiliate are subject to the continuation of the Access Rights of the Party of which it is an Affiliate, and shall automatically terminate upon termination of the Access Rights granted to such Party. Further, if an Affiliate fails in any material respect to comply with the undertaking given by it as above, and fails to rectify the non-compliance after being given a reasonable opportunity to do so, all Access Rights granted to it based upon that undertaking shall terminate, without affecting the Access Rights granted by i. [END OF OPTION 1] [START OF OPTION 2]

Appears in 4 contracts

Samples: aeneas-office.org, intranet.inside-association.eu, aeneas-office.org

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