Common use of Third Party Offers or Statements of Interest Clause in Contracts

Third Party Offers or Statements of Interest. If a third party makes a statement of interest or offer to sublicense a Venture Product in the Territory to any of the parties hereto, then the notified party shall notify the other parties hereto with respect to the indication of interest or offer and shall provide the other parties hereto with copies of any correspondence and a summary of any meeting regarding such matter.

Appears in 4 contracts

Samples: Joint Venture Agreement (Bionumerik Pharmaceuticals Inc), Joint Venture Agreement (Bionumerik Pharmaceuticals Inc), Joint Venture Agreement (Bionumerik Pharmaceuticals Inc)

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