Common use of General Information and Knowledge Sharing Clause in Contracts

General Information and Knowledge Sharing. (a) Subject to paragraph (b) below, for a period of one year after the Separation Date, Novartis shall use Commercially Reasonable Efforts during normal business hours to provide any information, Know-How, guidance and assistance reasonably requested by Alcon to the extent that such information, Know-How, guidance or assistance relates to the operation of the Alcon Business, in each case at Alcon’s expense. (b) Novartis shall not be obliged to provide any information, Know-How, guidance or assistance pursuant to paragraph (a) above if doing so would be likely to be unreasonably disruptive to the business and affairs of the Novartis Group. (c) Subject to paragraph (d) below, for a period of one year after the Separation Date, Alcon shall use Commercially Reasonable Efforts during normal business hours to provide any information, Know-How, guidance and assistance reasonably requested by Novartis to the extent that such information, Know-How, guidance or assistance relates to the operation of the Novartis Business, in each case at Novartis’s expense. (d) Alcon shall not be obliged to provide any information, Know-How, guidance or assistance pursuant to paragraph (c) above if doing so would be likely to be unreasonably disruptive to the business and affairs of the Alcon Group. (e) For the avoidance of doubt, this Clause 17.12 (General Information and Knowledge Sharing) shall not give either Party (or any member of their Group) any right to access any Books and Records of the other Party (or any member of its Group).

Appears in 3 contracts

Samples: Separation and Distribution Agreement (Alcon Inc), Separation and Distribution Agreement (Alcon Inc), Separation and Distribution Agreement (Alcon Inc)

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General Information and Knowledge Sharing. (a) Subject to paragraph (b) below, for a period of one year after the Separation Date, Novartis shall use Commercially Reasonable Efforts during normal business hours to provide any information, Know-HowInformation, guidance and assistance reasonably requested by Alcon Sandoz to the extent that such information, Know-HowInformation, guidance or assistance relates to the operation of the Alcon Sandoz Business, in each case at Alcon’s Xxxxxx’x expense. (b) Novartis shall not be obliged to provide any information, Know-HowInformation, guidance or assistance pursuant to paragraph (a) above if doing so would be likely to be unreasonably disruptive to the business and affairs of the Novartis GroupGroup or would be prohibited by Applicable Law. (c) Subject to paragraph (d) below, for a period of one year after the Separation Date, Alcon Sandoz shall use Commercially Reasonable Efforts during normal business hours to provide any information, Know-HowInformation, guidance and assistance reasonably requested by Novartis to the extent that such information, Know-HowInformation, guidance or assistance relates to the operation of the Novartis Business, in each case at Novartis’s expense. (d) Alcon Sandoz shall not be obliged to provide any information, Know-HowInformation, guidance or assistance pursuant to paragraph (c) above if doing so would be likely to be unreasonably disruptive to the business and affairs of the Alcon GroupSandoz Group or would be prohibited by Applicable Law. (e) For the avoidance of doubt, this This Clause 17.12 16.14 (General Information and Knowledge Sharing) shall not give either Party (or any member of their Group) any right to access any Books and Records of the other Party (or any member of its Group).

Appears in 1 contract

Samples: Separation and Distribution Agreement (Novartis Ag)

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