Examples of Identifying Party in a sentence
If the Coordinator or any other Party identifies such a Data Breach within its sphere of control (Identifying Party), the Identifying Party: A.
In the event of this Clause, such Identifying Party may take the Opportunity individually or jointly with another partner.
The Identifying Party shall then offer to Braskem the right to market the products described in the definition of Petrochemical Sector (“Products”), object of the Opportunity, on such market conditions as shall be satisfactory to both parties.
In the event of imposition by a third party of any timeframe for the manifestation by the Identifying Party and/or Braskem as to their interest in the Opportunity, the timeframes established herein shall be changed so as to contemplate that Braskem shall have a period to formally express itself about the Opportunity not lower than two thirds (2/3) (less 1 business day) of the period given by the third party.
Such sanction shall be applicable in case any Identifying Party provably assumes an Opportunity without offering Braskem the right of first refusal established in item (i) above, and provided such violation is not remedied within thirty (30) days after communication of the other Party attesting to the existence of the Opportunity and the non granting of the respective right of first refusal.
Such sanction shall be applicable if the Identifying Party that assumed the Opportunity fails to ensure to Braskem the right to marketing established in item (iv) above.
While Braskem is analyzing the Opportunity, the Identifying Party shall (x) refrain from performing any act that could adversely affect or hinder the taking of decision by Braskem regarding the Opportunity, and (y) provide Braskem with any and all information about it that shall be disclosed by the third party offering the Opportunity.
If, during the Collaboration Period, either Party or its Affiliates (the “Identifying Party”) identify a [***] compounds (excluding any [***] technology) not Controlled by a Party (“Related Technology”), the Identifying Party shall notify and disclose to the other Party all available information concerning such Related Technology.
After such notice has been provided, the Party receiving such notice shall have thirty (30) days from the date of such notice to notify the Identifying Party of its interest in such Related Technology.
If both Parties are interested in such Related Technology, then, regardless of which Party is the Identifying Party, Pharmasset shall, together with Roche, negotiate with the relevant Third Party to obtain rights to the Related Technology and bring it within the scope of the license grant to Roche under Section 2.1 as part of Pharmasset Patent Rights.