Common use of TRANSFER OF TANGIBLES AND INFORMATION Clause in Contracts

TRANSFER OF TANGIBLES AND INFORMATION. Within eight (8) days from the Effective Date, SENESCO shall provide at no cost materials and data pertaining to the Licensed Patents and Licensed Know-How available to SENESCO for LICENSEE’s use in development of Products. With respect to Licensed Patents SENESCO shall promptly inform LICENSEE of any new patent applications that are filed related to Licensed Technology and shall provide status updates on the Licensed Patents on an annual basis.

Appears in 4 contracts

Samples: License Agreement, License Agreement (Senesco Technologies Inc), License Agreement (Senesco Technologies Inc)

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