Common use of Third Party Vendors Clause in Contracts

Third Party Vendors. At Intrexon’s request, Oragenics shall promptly provide to Intrexon copies of all agreements between Oragenics or its Affiliates and Third Party suppliers, vendors, or distributors that relate to the supply, sale, or distribution of Reverted Products in the Territory. At Intrexon’s request, Oragenics shall promptly: (A) with respect to such Third Party agreements relating solely to the applicable Reverted Products and permitting assignment, immediately assign (or cause to be assigned), such agreements to Intrexon, and (B) with respect to all other such Third Party agreements, Oragenics shall reasonably cooperate to assist Intrexon in obtaining the benefits of such agreements. Oragenics shall be liable for any costs associated with assigning a Third Party agreement to Intrexon or otherwise obtaining the benefits of such agreement for Intrexon, to the extent such costs are directly related to Oragenics’ breach. For the avoidance of doubt, Intrexon shall have no obligation to assume any of Oragenics’ obligations under any Third Party agreement.

Appears in 5 contracts

Samples: Exclusive Channel Collaboration Agreement (Oragenics Inc), Exclusive Channel Collaboration Agreement (Intrexon Corp), Exclusive Channel Collaboration Agreement (Intrexon Corp)

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Third Party Vendors. At IntrexonEGI’s request, Oragenics shall promptly provide to Intrexon EGI copies of all agreements between Oragenics or its Affiliates and Third Party suppliers, vendors, or distributors that relate to the supply, sale, or distribution of Reverted Products in the Territory. At IntrexonEGI’s request, Oragenics shall promptly: (A) with respect to such Third Party agreements relating solely to the applicable Reverted Products and permitting assignment, immediately assign (or cause to be assigned), such agreements to IntrexonEGI, and (B) with respect to all other such Third Party agreements, Oragenics shall reasonably cooperate to assist Intrexon EGI in obtaining the benefits of such agreements. Oragenics shall be liable for any costs associated with assigning a Third Party agreement to Intrexon EGI or otherwise obtaining the benefits of such agreement for IntrexonEGI, to the extent such costs are directly related to Oragenics’ breach. For the avoidance of doubt, Intrexon EGI shall have no obligation to assume any of Oragenics’ obligations under any Third Party agreement.

Appears in 1 contract

Samples: Exclusive Channel Collaboration Agreement (Oragenics Inc)

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