Common use of ILLEGAL TRANSFER Clause in Contracts

ILLEGAL TRANSFER. Sherwood agrees that it shall comply with all applicable laws in the distribution of the Kits and that it shall not allow the Kits, any trademarks or tradenames of InnerDyne, any proprietary information of InnerDyne, or any direct product of such information, to be knowingly made available, either directly or indirectly, or in any way to be knowingly given, transferred, sold or re-exported to any country in violation of the laws or export control regulations of such country or the European Union. United States laws and export control regulations governing the exportability of technical data and products to nations are subject to change. If any jurisdiction included within the Territory shall, at the time of execution of the Agreement, or at any time during the term of the Agreement, be placed in an excluded category by the United States government for the receipt of either technical data or the manufacture or sale of Kits or products such as those of InnerDyne and/or ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ agrees that it shall take actions necessary to cease business activity in the Kits in the excluded country.

ILLEGAL TRANSFER. Sherwood agrees that it shall comply with all applicable laws in the distribution of the Kits and that it shall not allow the Kits, any trademarks or tradenames of InnerDyne, any proprietary information of InnerDyne, or any direct product of such information, to be knowingly made available, either directly or indirectly, or in any way to be knowingly given, transferred, sold or re-exported to any country in violation of the laws or export control regulations of such country or the European Union. United States laws and export control regulations governing the exportability of technical data and products to nations are subject to change. If any jurisdiction included within the Territory shall, at the time of execution of the Agreement, or at any time during the term of the Agreement, be placed in an excluded category by the United States government for the receipt of either technical data or the manufacture or sale of Kits or products such as those of InnerDyne and/or ▇▇▇▇Sher▇▇▇▇, ▇▇▇▇▇▇▇▇ agrees ▇▇▇ees that it shall take actions necessary to cease business activity in the Kits in the excluded country.