Common use of Transfer of Results Clause in Contracts

Transfer of Results. 8.2.1 Each Party may transfer ownership of its own Results following the procedures of the Grant Agreement Article 30. 8.2.2 It may identify specific third parties it intends to transfer the ownership of its Results to in Attachment (3) to this Consortium Agreement. 8.2.3 The transferring Party shall, however, at the time of the transfer, inform the other Parties of such transfer and shall ensure that the rights of the other Parties will not be affected by such transfer. Any other Party may object within 30 calendar days of receiving notification (or less if agreed in writing), if it can show that the transfer would adversely affect its access rights. In this case, the transfer may not take place until agreement has been reached between the Parties concerned. Any addition to Attachment (3) after signature of this Agreement requires a decision of the Management Board. 8.2.4 The Parties recognize that in the framework of a merger or an acquisition of an important part of its assets, it may be impossible under applicable EU and national laws on mergers and acquisitions for a Party to give the full 45 calendar days prior notice for the transfer as foreseen in the Grant Agreement. 8.2.5 The obligations above apply only for as long as other Parties still have - or still may request - Access Rights to the Results.

Appears in 5 contracts

Samples: Consortium Agreement, Consortium Agreement, Consortium Agreement

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Transfer of Results. 8.2.1 Each Party may transfer ownership of its own Results following the procedures of the Grant Agreement Article 30. 8.2.2 It may identify specific third parties it intends to transfer the ownership of its Results to in Attachment (3) to this Consortium Agreement. 8.2.3 The transferring Party shall, however, at the time of the transfer, inform the other Parties of such transfer and shall ensure that the rights of the other Parties will not be affected by such transfer. Any other Party may object within 30 calendar days of receiving notification (or less if agreed in writing), if it can show that the transfer would adversely affect its access rights. In this case, the transfer may not take place until agreement has been reached between the Parties concerned. Any addition to Attachment (3) after signature of this Agreement requires a decision of the Management BoardBoard pursuant to Section 6.2 hereof. 8.2.4 The Parties recognize that in the framework of a merger or an acquisition of an important part of its assets, it may be impossible under applicable EU and national laws on mergers and acquisitions for a Party to give the full 45 calendar days prior notice for the transfer as foreseen in the Grant Agreement. 8.2.5 The obligations above apply only for as long as other Parties still have - or still may request - Access Rights to the Results.

Appears in 1 contract

Samples: Consortium Agreement

Transfer of Results. 8.2.1 8.3.1 Each Party may transfer ownership of its own Results (including its share in joint Results) following the procedures of the Grant Agreement Article 3030 (30.1-2-3-4). 8.2.2 8.3.2 It may identify specific third parties it intends to transfer the ownership of its Results to in Attachment (3) to this Consortium Agreement. The other Parties hereby waive their right to prior notice and their right to object to a transfer only to listed third parties of Attachment (3) according to the Grant Agreement Article 30. 8.2.3 8.3.3 The transferring Party shall, however, at the time of the transfer, inform the other Parties of such transfer and shall ensure that the rights of the other Parties will not be affected by such transfer. Any other Party may object within 30 calendar days of receiving notification (or less if agreed in writing), if it can show that the transfer would adversely affect its access rights. In this case, the transfer may not take place until agreement has been reached between the Parties concerned. Any addition to Attachment (3) after signature of this Agreement requires a decision of the Management BoardGeneral Assembly. 8.2.4 8.3.4 The Parties recognize agree that in the framework of a merger or an acquisition of an important part of its assets, it may be legally impossible under applicable EU and national laws on mergers and acquisitions for a Party to give the full 45 calendar days prior notice for the transfer as foreseen in the Grant Agreement. 8.2.5 8.3.5 The obligations above apply only for as long as other Parties still have - or still may request - Access Rights to the Results.

Appears in 1 contract

Samples: Consortium Agreement

Transfer of Results. 8.2.1 Each Party may transfer ownership of its own Results following the procedures of the Grant Agreement Article 30. 8.2.2 It may identify specific third parties it intends to transfer the ownership of its Results to in Attachment (3) to this Consortium Agreement. 8.2.3 The transferring Party shall, however, at the time of the transfer, inform the other Parties of such transfer and shall ensure that the rights of the other Parties will not be affected by such transfer. Any other Party may object within 30 calendar days of receiving notification (or less if agreed in writing), if it can show that the transfer would adversely affect its access rights. In this case, the transfer may not take place until agreement has been reached between the Parties concerned. Any addition to Attachment (3) after signature of this Agreement requires a decision of the Management Board. 8.2.4 The Parties recognize that in the framework of a merger or an acquisition of an important part of its assets, it may be impossible under applicable EU and national laws on mergers and acquisitions for a Party to give the full 45 calendar days prior notice for the transfer as foreseen in the Grant Agreement. 8.2.5 The obligations above apply only for as long as other Parties still have - or still may request - Access Rights to the Results.

Appears in 1 contract

Samples: Consortium Agreement

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Transfer of Results. 8.2.1 Each Party may transfer ownership of its own Results following the procedures of the Grant Agreement Article 30. 8.2.2 It may identify specific third parties it intends to transfer the ownership of its Results to Resultsto in Attachment (3) to this Consortium Agreement. 8.2.3 The transferring Party shall, however, at the time of the transfer, inform the other Parties of such transfer and shall ensure that the rights of the other Parties will not be affected by such transfer. Any other Party may object within 30 calendar days of receiving notification (or less if agreed in writing), if it can show that the transfer would adversely affect its access rights. In this case, the transfer may not take place until agreement has been reached between the Parties concerned. Any addition to Attachment (3) after signature of this Agreement requires a decision of the Management Board. 8.2.4 The Parties recognize that in the framework of a merger or an acquisition of an important part of its assets, it may be impossible under applicable EU and national laws on mergers and acquisitions for a Party to give the full 45 calendar days prior notice for the transfer as foreseen in the Grant Agreement. 8.2.5 The obligations above apply only for as long as other Parties still have - or still may request - Access Rights to the Results.

Appears in 1 contract

Samples: Consortium Agreement

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