Material data Clause Samples
The 'Material data' clause defines the requirements and responsibilities related to the handling, provision, and use of essential information or data necessary for the performance of a contract. This clause typically specifies what constitutes 'material data,' outlines the obligations of each party to supply accurate and timely data, and may address issues such as data format, access rights, and confidentiality. Its core practical function is to ensure that all parties have the critical information needed to fulfill their contractual duties, thereby reducing misunderstandings and minimizing the risk of delays or disputes arising from incomplete or inaccurate data.
Material data. A detailed description of the materials and tolerances of the materials properties used in the design shall be provided.
Material data. Each Party shall provide to the other Party, within [*] days of the completion of all study reports for a clinical study, a summary in the English language of material Data in such study reports relating to the Licensed Products. For purposes of this Section 8.3, Data shall be considered material if it (a) is intended for use in any submission to the FDA or any other Regulatory Authority, or (b) will have any significant effect, whether positive or negative, on the Development or Commercialization of any Licensed Products. For avoidance of doubt, this Section 8.3 includes, but is not limited to, the exchange of electronic databases in a mutually agreeable format.