Common use of Ongoing Transfer Clause in Contracts

Ongoing Transfer. Thereafter following the initial transfer set forth in Section 2.6.1, Sorrento shall, subject to applicable Laws regarding the export (including re-export) or import of certain information, materials or services, as soon as commercially reasonably deliver to Servier all information and documents, specifically relating to any Sorrento Contributions as may become Controlled and possessed by Sorrento. For the avoidance of doubt, the foregoing shall not obligate Sorrento to attempt to obtain additional right or license from any Third Party for Servier’s exercise of its rights under this Agreement.

Appears in 2 contracts

Sources: License and Collaboration Agreement (Sorrento Therapeutics, Inc.), License and Collaboration Agreement (Sorrento Therapeutics, Inc.)