Common use of Transition Assets Clause in Contracts

Transition Assets. To the extent Seller or any Subsidiary requires the use of any Transferred Asset to perform its obligations under any of the Ancillary Agreements, Seller will inform Purchaser of such need and Purchaser will make such Transferred Assets available to Seller for this purpose free of charge for the period of ▇▇▇▇ ▇▇▇▇▇▇ requires such Transferred Assets to perform its obligations under any of the Ancillary Agreements.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Laboratory Corp of America Holdings), Asset Purchase Agreement (Genzyme Corp)

Transition Assets. To the extent Seller or any Subsidiary Affiliate requires the use of any Transferred Asset to perform its obligations under any of the Ancillary Agreements, Seller will inform Purchaser of such need and Purchaser will use commercially reasonable efforts to make such Transferred Assets available to Seller for this purpose free of charge for the period of ▇▇▇▇ ▇▇▇▇▇▇ requires such Transferred Assets to perform its obligations under any of the Ancillary Agreements.

Appears in 1 contract

Sources: Asset Purchase Agreement (Aastrom Biosciences Inc)