Access Rights granted to. a leaving Defaulting Party Any and all Access Rights granted to a Defaulting Party and such Party's right to request Access Rights shall cease immediately upon receipt by the Defaulting Party of the formal notice of the decision of the General Assembly to terminate its participation in the Consortium. A Defaulting Party shall continue to grant Access Rights pursuant to the GA and this PCA in respect of its Background and Results existing at the time of such termination as prescribed in the present PCA, as if it were still a Party to the PCA. A Defaulting Party shall immediately return any and all other Party’s materials, equipment, and any other element that can be requested by a Party (including without limitation Confidential Information capable of being returned) in its possession at its own cost. However a Defaulting Party may keep one copy if legally required.
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Samples: Model Project Consortium Agreement, Project Consortium Agreement, Model Project Consortium Agreement
Access Rights granted to. a leaving Defaulting Party Any and all Access Rights granted to a Defaulting Party and such Party's right to request Access Rights shall cease immediately upon receipt by the Defaulting Party of the formal notice of the decision of the General Assembly to terminate its participation in the Consortium. A Defaulting Party shall continue to grant Access Rights pursuant to the GA and this PCA in respect of its Background and Results existing at the time of such termination as prescribed in the present PCA, as if it were still a Party to the PCA. A Defaulting Party shall immediately return any and all other Party’s materials, equipment, and any other element that can be requested by a Party (including without limitation Confidential Information capable of being returned) in its possession at its own cost. However However, a Defaulting Party may keep one copy if legally required.
Appears in 2 contracts
