Common use of Commercialization Data Clause in Contracts

Commercialization Data. Licensee shall own all marketing and sales data and information resulting from its Commercialization of the Product in the Field in the Territory (the “Commercialization Data”). Upon request from VBL, Licensee shall provide to VBL a copy of the Commercialization Data, including promotional materials, marketing strategies, market research data and customer lists. VBL shall have the right and license to use all such Commercialization Data (and the right to grant its Affiliates and Third Parties the right to use such Commercialization Data) in connection with its commercialization of the Product in the Field outside the Territory, which right and license shall survive the expiration or termination of this Agreement. Notwithstanding the foregoing, Licensee’s obligation to provide Commercialization Data and VBL’s right to use such data shall be performed, or exercised, respectively, in all instances in accordance with all Applicable Laws, including, without limiting the foregoing, any data privacy laws.

Appears in 1 contract

Sources: Development, Commercialization and Supply Agreement (Vascular Biogenics Ltd.)

Commercialization Data. Licensee shall own all marketing and sales data and information resulting from its Commercialization of the Product in the Field in the Territory (the “Commercialization Data”). Upon request from VBLAmarin, Licensee shall provide to VBL Amarin a copy of the Commercialization Data, including promotional materials, marketing strategies, market research data and customer lists. VBL Amarin shall have the right and license to use all such Commercialization Data (and the right to grant its Affiliates and Third Parties the right to use such Commercialization Data) in connection with its commercialization of the Product in the Field outside the Territory, which right and license shall survive the expiration or termination of this Agreement. Notwithstanding the foregoing, Licensee’s obligation to provide Commercialization Data and VBLAmarin’s right to use such data shall be performed, or exercised, respectively, in all instances in accordance with all Applicable Laws, including, without limiting the foregoing, any data privacy laws.

Appears in 1 contract

Sources: Development, Commercialization and Supply Agreement (Amarin Corp Plc\uk)