Common use of Disposal of Materials Clause in Contracts

Disposal of Materials. Upon the expiration or termination of this Agreement and unless otherwise provided in the License Agreement or any other agreement executed between the Parties, CERES agrees to destroy or return, at SYSTEM’s request, all quantities of MATERIALS, including TEST CROSSES, and KNOW-HOW in CERES’ possession. SYSTEM will not be held responsible for any expense or investment whatsoever that CERES may have incurred in association with the purposes of this Agreement, or will incur in association with such termination of this Agreement.

Appears in 2 contracts

Samples: Ceres, Inc., Ceres, Inc.

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Disposal of Materials. Upon the expiration or termination of this Agreement and unless otherwise provided in the License Agreement or any other agreement executed between the Parties, CERES agrees to destroy or return, at SYSTEM’s request, all quantities of MATERIALS, including TEST CROSSES, MATERIALS and KNOW-HOW in CERES’ possession. Upon the expiration or termination of this Agreement and unless otherwise provided in the License Agreement or any other agreement executed between the Parties, CERES agrees to destroy all quantities of DERIVATIVES in CERES’ possession. SYSTEM will not be held responsible for any expense or investment whatsoever that CERES may have incurred in association with the purposes of this Agreement, or will incur in association with such termination of this Agreement.

Appears in 2 contracts

Samples: Ceres, Inc., Ceres, Inc.

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