Common use of OBLIGATIONS TO DISCLOSE Clause in Contracts

OBLIGATIONS TO DISCLOSE. This Article VII shall not prohibit the parties from disclosing under legally enforceable obligations any information required to be disclosed to any governmental authorities and shall not prohibit the parties from disclosing general financial and technical information in order to obtain funding or other financial advantages from any authority or institution or corporation, or for the relevant party to exercise its rights and perform its obligations in respect of the Technology License or to otherwise carry on its business in the ordinary course. Other than as set forth in Section 2.1 and Section 2.2, as the case may be, nothing contained in this Section shall entitle either Licensee to transfer or assign the Ferroelectric Technology or the Technology License.

OBLIGATIONS TO DISCLOSE. This Article VII shall not prohibit the parties from disclosing under legally enforceable obligations any information required to be disclosed to any governmental authorities and shall not prohibit the parties from disclosing general financial and technical information in order to obtain funding or other financial advantages from any authority or institution or corporation, or for the relevant party to exercise its rights and perform its obligations in respect of the Technology License or to otherwise other wise carry on its business in the ordinary course. Other than as set forth in Section 2.1 and Section 2.2, as the case may be2.1, nothing contained in this Section shall entitle either Licensee to transfer or assign the Ferroelectric RF/ID Technology or the Technology License.