Common use of Return and Destruction Clause in Contracts

Return and Destruction. Upon the termination or expiration of this Agreement, upon the request of the disclosing Party, the recipient of Confidential Information shall promptly redeliver to the disclosing Party all Confidential Information provided to the recipient in tangible form or destroy the same and certify in writing that such destruction has occurred; provided, however, that nothing in this Agreement shall require the alteration, modification, deletion or destruction of computer backup tapes made in the ordinary course of business. All notes or other work product prepared by the recipient based upon or incorporating Confidential Information of the disclosing Party shall be destroyed, and such destruction shall be certified in writing to the disclosing Party by OV. Notwithstanding the foregoing, legal counsel to the recipient shall be permitted to retain in its files one copy of all Confidential Information to evidence the scope of and to enforce the Party’s obligation of confidentiality under this Section 12.1.

Appears in 3 contracts

Samples: Exclusive License Agreement (Allarity Therapeutics, Inc.), Exclusive License Agreement (Allarity Therapeutics, Inc.), Exclusive License Agreement (Allarity Therapeutics, Inc.)

AutoNDA by SimpleDocs

Return and Destruction. Upon the termination or expiration of this Agreement, upon the request of the disclosing Disclosing Party, the recipient of Confidential Information Receiving Party shall promptly redeliver to the disclosing Disclosing Party all Confidential Information provided to the recipient Receiving Party in tangible form or destroy the same and certify in writing that such destruction has occurred; provided, however, that nothing in this Agreement shall require the alteration, modification, deletion or destruction of computer backup tapes made in the ordinary course of business. All notes or other work product prepared by the recipient Receiving Party based upon or incorporating Confidential Information of the disclosing Disclosing Party shall be destroyed, and such destruction shall be certified in writing to the disclosing Party by OVDisclosing Party. Notwithstanding the foregoing, legal counsel to the recipient Receiving Party shall be permitted to retain in its files one copy of all Confidential Information to evidence the scope of and to enforce the Party’s obligation of confidentiality under this Section 12.117.

Appears in 2 contracts

Samples: Exclusive License Agreement (Allovir, Inc.), Exclusive License Agreement (Marker Therapeutics, Inc.)

Return and Destruction. Upon the termination or expiration of this Agreement, upon the request of the disclosing Party, the recipient of Confidential Information shall promptly redeliver to the disclosing Party all Confidential Information provided to the recipient in tangible form or destroy the same and certify in writing that such destruction has occurred; provided, however, that nothing in this Agreement shall require the alteration, modification, deletion or destruction of computer backup tapes made in the ordinary course of business. All notes or other work product prepared by the recipient based upon or incorporating Confidential Information of the disclosing Party shall be destroyed, and such destruction shall be certified in writing to the disclosing Party by OVAdlai Nortye. Notwithstanding the foregoing, legal counsel to the recipient shall be permitted to retain in its files one copy of all Confidential Information to evidence the scope of and to enforce the Party’s obligation of confidentiality under this Section 12.1.

Appears in 1 contract

Samples: Exclusive License Agreement (Adlai Nortye Ltd.)

Return and Destruction. Upon the termination or expiration of this Agreement, upon the request of the disclosing Party, the recipient of Confidential Information shall promptly redeliver to the disclosing Party all Confidential Information provided to the recipient in tangible form or destroy the same and certify in writing that such destruction has occurred; provided, however, that nothing in this Agreement shall require the alteration, modification, deletion or destruction of computer backup tapes made in the ordinary course of business. All notes or other work product prepared by the recipient based upon or incorporating Confidential Information of the disclosing Party shall be destroyed, and such destruction shall be certified in writing to the disclosing Party by OVthe receiving Party. Notwithstanding the foregoing, legal counsel to the recipient shall be permitted to retain in its files one copy of all Confidential Information to evidence the scope of and to enforce the Party’s obligation of confidentiality under this Section 12.111.1.

Appears in 1 contract

Samples: Exclusive License Agreement (Allarity Therapeutics, Inc.)

AutoNDA by SimpleDocs

Return and Destruction. Upon the termination or expiration of this Agreement, upon the request of the disclosing Disclosing Party, the recipient of Confidential Information Receiving Party shall promptly redeliver to the disclosing Disclosing Party all Confidential Information provided to the recipient Receiving Party in tangible form or destroy the same and certify in writing that such destruction has occurred; provided, however, that nothing in this Agreement shall require the alteration, modification, deletion or destruction of computer backup tapes made in the ordinary course of business. All notes or other work product prepared by the recipient Receiving Party based upon or incorporating Confidential Information of the disclosing Disclosing Party shall be destroyed, and such destruction shall be certified in writing to the disclosing Party by OVDisclosing Party. Notwithstanding the foregoing, legal counsel to the recipient Receiving Party shall be permitted to retain in its files one copy of all Confidential Information to evidence the scope of and to enforce the Party’s 's obligation of confidentiality under this Section 12.117.

Appears in 1 contract

Samples: Exclusive License Agreement (Allovir, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!