Availability Letter. Upon NN's or ZGI's timely notification ------------------- pursuant to SECTION 4.1, the other party shall inform the notifying party if the desired license remains available or if the specific subject matter of the notification has been out-licensed or is the object of internal research and/or development efforts. If the license remains available, the terms and conditions set forth in this ARTICLE 4 for the license will apply upon the notifying party's receipt of the availability letter. If the desired license is unavailable, the parties may enter into good faith negotiations regarding an alternative license.
Appears in 2 contracts
Sources: Kunitz Protein Agreement (Zymogenetics Inc), Kunitz Protein Agreement (Zymogenetics Inc)