Common use of Nondisclosure of Terms Clause in Contracts

Nondisclosure of Terms. Each of the parties hereto agrees not to disclose to any Third Party the terms of this Agreement without the prior written consent of the other party hereto, except to such party's attorneys, advisors, investors, and others on a need-to-know basis under circumstances that reasonably ensure the confidentiality thereof, or to the extent required by law. Notwithstanding the foregoing, the parties shall agree upon a press release to announce the execution of this Agreement. Thereafter, Aurora and Allelix may each disclose to Third Parties the information contained in such press release without the need for further approval

Appears in 3 contracts

Samples: Collaboration Agreement (Aurora Biosciences Corp), Collaboration Agreement (Aurora Biosciences Corp), Collaboration Agreement (Aurora Biosciences Corp)

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Nondisclosure of Terms. Each of the parties hereto agrees not to disclose to any Third Party third party the terms of this Agreement without the prior written consent of the other party hereto, except to such party's attorneys, advisors, investors, investors and others on a need-to-need to know basis under circumstances that reasonably ensure the confidentiality thereof, or to the extent required by law. Notwithstanding the foregoing, the parties shall agree upon a press release to announce the execution of this Agreement. Thereafter; thereafter, Aurora Array and Allelix Takeda may each disclose to Third Parties third parties the information contained in such press release without the need for further approvalapproval by the other.

Appears in 1 contract

Samples: Lead Generation Collaboration Agreement (Array Biopharma Inc)

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Nondisclosure of Terms. Each of the parties hereto agrees not to disclose to any Third Party third party the terms of this Agreement without the prior written consent of the other party [ * ] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended. hereto, except to such party's attorneys, advisors, investors, investors and others on a need-to-need to know basis under circumstances that reasonably ensure the confidentiality thereof, or to the extent required by law. Notwithstanding the foregoing, the parties shall agree upon a press release to announce the execution of this Agreement. Thereafter, Aurora and Allelix may each disclose to Third Parties the information contained in such press release without the need for further approval.

Appears in 1 contract

Samples: Diversity Library Screening Agreement (Array Biopharma Inc)

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