Common use of Permitted Disclosures for Business Development Purposes Clause in Contracts

Permitted Disclosures for Business Development Purposes. Notwithstanding the foregoing, or any other provision in this Agreement to the contrary, 3DP may describe the financial terms of this Agreement in confidence, in connection with capital raising or due diligence activities. Furthermore, BIPI acknowledges that 3DP may be obligated to disclose terms of this Agreement and make public a copy of this Agreement in the event it becomes a public company as required by applicable U.S. law.

Appears in 2 contracts

Samples: Collaborative Discovery and Lead Optimization Agreement (3 Dimensional Pharmaceuticals Inc), Collaborative Discovery and Lead Optimization Agreement (3 Dimensional Pharmaceuticals Inc)

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Permitted Disclosures for Business Development Purposes. Notwithstanding the foregoing, or any other provision in this Agreement to the contrary, 3DP may describe the financial terms of this Agreement in confidenceconfidence to those whose primary business is venture capital, in connection with capital raising or due diligence activities. Furthermoretheir agents, BIPI acknowledges that 3DP may be obligated to disclose terms of this Agreement and make public a copy of this Agreement in the event it becomes a public company as required by applicable U.S. lawinvestment bankers.

Appears in 2 contracts

Samples: Collaborative Research and License Agreement (3 Dimensional Pharmaceuticals Inc), Collaborative Research and License Agreement (3 Dimensional Pharmaceuticals Inc)

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