Common use of NO OBLIGATION TO PROCEED Clause in Contracts

NO OBLIGATION TO PROCEED. Nothing in this Agreement shall obligate the Parties to proceed with any transaction or business arrangement between them. Each Party reserves its right at its sole discretion to terminate the discussions contemplated by this Agreement.

Appears in 4 contracts

Samples: Confidentiality and Nondisclosure Agreement, Confidentiality and Nondisclosure Agreement, Confidentiality and Nondisclosure Agreement

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NO OBLIGATION TO PROCEED. Nothing in this Agreement herein shall obligate the Parties either Party to proceed with any transaction or business arrangement between them. Each , and each Party reserves its right at the right, in its sole discretion discretion, to terminate the discussions contemplated by this Agreement. This Agreement does not constitute a binding agreement to enter into any definitive agreement. Receiving Party understands that nothing herein requires the disclosure of any Confidential Information by Disclosing Party, which shall be disclosed, if at all, at the discretion of Disclosing Party.

Appears in 2 contracts

Samples: Mutual Non Disclosure Agreement (Biomarin Pharmaceutical Inc), Mutual Non Disclosure Agreement (Prosensa Holding N.V.)

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NO OBLIGATION TO PROCEED. Nothing in this Agreement herein shall obligate the Parties either party to proceed with any transaction or business arrangement between them. Each Party , and each party reserves its right at the right, in its sole discretion discretion, to terminate the discussions contemplated by this Agreement. Nothing in this Agreement shall be construed as a representation that the receiving party will not develop or acquire information that is the same as or similar to the disclosing party’s Confidential Information, provided that the receiving party does not do so in breach of this Agreement.

Appears in 1 contract

Samples: Mutual Non Disclosure Agreement

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