Common use of Independent Development License to Licensor Clause in Contracts

Independent Development License to Licensor. (a) Subject to Section 14.1 and Section 14.2, the Company shall promptly disclose all Company Independent Developments to Licensor, such disclosure to be subject to the confidentiality obligations of this Agreement. Such notification shall include a description of the Company Independent Development in reasonably sufficient detail to permit Licensor to evaluate the Company Independent Development ("Enhancement Notice"). Upon Licensor's request, the Company shall grant to Licensor a commercially reasonable evaluation license [REDACTED: Condition]

Appears in 4 contracts

Samples: Technology License Agreement (Neptune Technologies & Bioressources Inc.), Technology License Agreement (Neptune Technologies & Bioressources Inc.), Technology License Agreement (Neptune Technologies & Bioressources Inc.)

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Independent Development License to Licensor. (a) Subject to Section 14.1 and Section 14.2, the Company shall promptly disclose all Company Independent Developments to Licensor, such disclosure to be subject to the confidentiality obligations of this Agreement. Such notification shall include a description of the Company Independent Development in reasonably sufficient detail to permit Licensor to evaluate the Company Independent Development ("Enhancement Notice"). Upon Licensor's request, the Company shall grant to Licensor a commercially reasonable evaluation license [REDACTED: Condition]at no Cost in order to evaluate the Company Independent Development.

Appears in 2 contracts

Samples: Technology License Agreement (Neptune Technologies & Bioressources Inc.), Technology License Agreement (Neptune Technologies & Bioressources Inc.)

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Independent Development License to Licensor. (a) Subject to Section 14.1 and Section 14.2, the Company shall promptly disclose all Company Independent Developments to Licensor, such disclosure to be subject to the confidentiality obligations of this Agreement. Such notification shall include a description of the Company Independent Development in reasonably sufficient detail to permit Licensor to evaluate the Company Independent Development ("Enhancement Notice"). Upon Licensor's ’s request, the Company shall grant to Licensor a commercially reasonable evaluation license [REDACTED: Condition]at no Cost in order to evaluate the Company Independent Development.

Appears in 2 contracts

Samples: Technology License Agreement (Acasti Pharma Inc.), Technology License Agreement (Acasti Pharma Inc.)

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