Common use of Permitted Usage Clause in Contracts

Permitted Usage. Each Party may use Confidential Information of the other Party for purposes of exercising its rights and performing its obligations under this Agreement. Each Party may disclose Confidential Information of the other Party as follows: (i) under appropriate confidentiality provisions substantially equivalent to those in this Agreement, in connection with the performance of its obligations or exercise of rights under this Agreement; (ii) to the extent such disclosure is reasonably necessary in filing for, obtaining and maintaining regulatory approvals, or otherwise required by Applicable Law, provided, however, that if a Party is required by law to make any such disclosure of the other Party’s Confidential Information it will, to the extent legally permissible and practicable, give reasonable advance notice to the other Party of such disclosure requirement and, except to the extent inappropriate in the case of patent applications, will use its reasonable efforts to secure confidential treatment of such Confidential Information required to be disclosed; (iii) in communication with existing and potential investors, partners, acquirers, collaborators, licensees, advisors (including consultants, financial advisors, attorneys and accountants) and others on a need to know basis, in each case under appropriate

Appears in 2 contracts

Samples: License and Distribution Agreement (BioCardia, Inc.), License and Distribution Agreement (BioCardia, Inc.)

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Permitted Usage. Each Party may use Confidential Information of the other Party for purposes of exercising its rights and performing its obligations under this Agreement. Each Party may disclose Confidential Information of the other Party as follows: (i) under appropriate confidentiality provisions substantially equivalent to those in this Agreement, in connection with the performance of its obligations or exercise of rights under this Agreement; (ii) to the extent such disclosure is reasonably necessary in filing for, obtaining and maintaining regulatory approvals, or otherwise required by Applicable Law, provided, however, that if a Party is required by law to make any such disclosure of the other Party’s Confidential Information it will, to the extent legally permissible and practicable, give reasonable advance notice to the other Party of such disclosure requirement and, except to the extent inappropriate in the case of patent applications, will use its reasonable efforts to secure confidential treatment of such Confidential Information required to be disclosed; (iii) in communication with existing and potential investors, partners, acquirers, collaborators, licensees, advisors (including consultants, financial advisors, attorneys and accountants) and others on a need to know basis, in each case under appropriateappropriate confidentiality provisions substantially equivalent to those of this Agreement; or (iv) to the extent mutually agreed to by the Parties.

Appears in 1 contract

Samples: License and Distribution Agreement (BioCardia, Inc.)

Permitted Usage. Each Party may use Confidential Information of the other Party for purposes of exercising its rights and performing its obligations under this Agreement. Each Party may disclose Confidential Information of the other Party as follows: (i) follows under appropriate confidentiality provisions substantially equivalent to those in this Agreement, in connection with the performance of its obligations or exercise of rights under granted to such Party in this Agreement; Agreement (ii) to the extent such disclosure is reasonably necessary in connection with complying with applicable governmental regulations, filing for, obtaining and maintaining regulatory approvals, or otherwise required by Applicable applicable Law, provided, however, that if a Party is required by law Law to make any such disclosure of the other Party’s Confidential Information it will, to the extent legally permissible and practicableexcept where impracticable for necessary disclosures, give reasonable advance notice to the other Party of such disclosure requirement and, except to the extent inappropriate in the case of patent applications, will use its reasonable efforts to secure confidential treatment of such Confidential Information required to be disclosed; (iii) in communication with existing and potential investors, partners, acquirers, collaborators, licenseesconsultants, advisors (including consultants, financial advisors, attorneys lawyers and accountants) and others on a need to know basis, in each case under appropriateappropriate confidentiality provisions substantially equivalent to those of this Agreement; or (iv) to the extent mutually agreed to by the Parties.

Appears in 1 contract

Samples: Development and Exclusive License Agreement (Dyadic International Inc)

Permitted Usage. Each Party may use Confidential Information of the other Party for purposes of exercising its rights and performing its obligations under this Agreement. Each Party may disclose Confidential Information of the other Party as follows: (ia) under appropriate confidentiality provisions substantially equivalent to no less restrictive than those in this Agreement, in connection with the performance of its obligations or exercise of rights under granted to or retained by such Party in this Agreement; (iib) to in connection with the extent such disclosure is reasonably necessary Prosecution or enforcement of Licensed Patents or Improvements, in accordance with this Agreement; or (c) in connection with prosecuting or defending litigation, complying with applicable governmental regulations, filing for, obtaining and maintaining regulatory approvalsRegulatory Approvals, or as otherwise required by Applicable Law, provided, however, but provided that if a Party is required by law Law to make any such disclosure of the other Party’s Confidential Information Information, it will, to the extent legally permissible and practicable, will give reasonable advance notice to the other Party of such disclosure requirement andrequirement, except it will disclose only for the sole purpose of and solely to the extent inappropriate in the case of patent applicationsrequired by such Law, and it will use its reasonable efforts to secure confidential treatment of such Confidential Information required to be disclosed; (iii) in communication with existing and potential investors, partners, acquirers, collaborators, licensees, advisors (including consultants, financial advisors, attorneys and accountants) and others on a need to know basis, in each case under appropriate.

Appears in 1 contract

Samples: License Agreement (Ligand Pharmaceuticals Inc)

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Permitted Usage. Each Party may use Confidential Information of the other Party for purposes of exercising its rights and performing its obligations under this Agreement. Each Party may disclose Confidential Information of the other Party Party, in accordance with this Agreement, as follows: (ia) under appropriate confidentiality provisions substantially equivalent to no less restrictive than those in this Agreement, in connection with the performance of its obligations or exercise of rights under granted to or retained by such Party; (b) in connection with the Prosecution or enforcement of Licensed Patents or Improvements, in accordance with this Agreement; or (iic) to the extent such disclosure is reasonably necessary in connection with prosecuting or defending litigation, complying with applicable governmental regulations, filing for, obtaining and maintaining regulatory approvalsRegulatory Approvals, or as otherwise required by Applicable Law, provided, however, but provided that if a Party is required by law Law to make any such disclosure of the other Party’s Confidential Information Information, it will, to the extent legally permissible and practicable, will give reasonable advance notice to the other Party of such disclosure requirement andrequirement, except it will disclose only for the sole purpose of and solely to the extent inappropriate in the case of patent applicationsrequired by such Law, and it will use its reasonable efforts to secure confidential treatment of such Confidential Information required to be disclosed; (iii) in communication with existing and potential investors, partners, acquirers, collaborators, licensees, advisors (including consultants, financial advisors, attorneys and accountants) and others on a need to know basis, in each case under appropriate.

Appears in 1 contract

Samples: License Agreement (Ligand Pharmaceuticals Inc)

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