Liquidia Technology Transfer Sample Clauses
The Liquidia Technology Transfer clause governs the process by which Liquidia shares its proprietary technology, know-how, and related materials with another party, typically a licensee or collaborator. This clause outlines the specific obligations of Liquidia to provide technical documentation, training, and support necessary for the recipient to effectively use or implement the technology. By clearly defining the scope, timing, and responsibilities involved in the transfer, the clause ensures a smooth and efficient handover of technology, minimizing misunderstandings and facilitating successful collaboration or commercialization.
Liquidia Technology Transfer. Promptly following the exercise of the Liquidia Respiratory Option and/or Inhaled Option, as the case may be, and no later than ninety (90) days following such exercise, to the extent not previously transferred and delivered to GSK, Liquidia shall transfer and deliver to GSK, Liquidia Technology and Joint Inhaled Collaboration Know-How and Joint Vaccine Collaboration Know-How in its Control, to enable GSK to practice under the Liquidia Respiratory License and/or Inhaled License as contemplated under this Agreement; provided, that transfer, if any, of PRINT, PRINT Tooling and Know-How covering the manufacture by or on behalf of GSK of PRINT Material, Research Materials, Research Products, Inhaled Products and the Liquidia Respiratory Product pursuant to Article 9 and Section 5.2 shall be governed by Section 9.3 and not by this Section 5.8. After the transfer described above, Liquidia shall use Commercially Reasonable Efforts to cooperate with GSK to provide GSK with any additional Liquidia Technology, to the extent not previously transferred and delivered to GSK, to which Liquidia obtains Control as it may be developed, identified or exist and that is included within the scope of the Liquidia Respiratory License or Inhaled License, as the case may be. Costs of technology transfers under this Section 5.8 shall be borne by Liquidia.
